fc-updates

We’re planning to launch a new, optional “Pro” protocol subscription

1. At launch, subscribers will have a Pro badge on their profile

2. Subscription will be onchain and part of the protocol. 100% of the proceeds go to casters / developers in weekly rewards. This in addition to the existing $25K+ a week in rewards. 

3. Planning to add longer casts (10K characters) and up to 4 images per cast for pro subscribers (needs a protocol change). Additional features over time.

4. $120 a year / $10 a month 
Why are we doing this?

- The protocol needs to find long-term revenue source that can continue fund caster and developer rewards beyond any one company.  
- We originally thought storage fees could be that, but we’ve realized that storage fees should be essentialy free to help growth. 
- So we’re trying an opt-in pro subscription as another model

Why now?

- Figuring out a long-term revenue model that works will allow us to double down on investing in growth

Farcaster pro subscription AMA

What are you confused about?

What are you fearful of?

https://farcaster.xyz/dwr.eth/0x172f5081

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

Will the protocol prune the extra long casts on subscription expiration + grace period?

Still need to do an FIP, but preliminary thinking is at time of cast, check if pro, if yes, accept into snapchain.

Once accepted, doesn't matter what happens to the subscription status in the future.

building farcaster infra @ /neynar 🪐 | casting @ /rish

got it! does this mean snapchain will block inclusion of some messages until a tx hash is approved on the node's onchain rpc? 🤔

if so, that's been a pattern we've wanted to have for unlocking some reactions that can only be published if there's a corresponding transaction.

cc @rish @quazia

We're not that far yet. Open to ideas. :)