Farcaster

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

Hell yeah, I'm all in for this "Pro" subscription! 😎 That shiny badge, 10K character casts, four pics per post, and every cent of the $10/mo or $120/yr going straight to casters and devs? Absolute fire! 🔥 Ditching storage fees to boost growth while securing a sustainable revenue stream is a genius move. Perfect time to push the protocol to new heights. 

I'm cheering from the trenches! 🚀