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MIKHRALI
@mikhrali
Farcaster Introduces Game-Changing Collectibles: Monetize Your Casts with 1-of-1 NFTs Once again, Farcaster is pushing the envelope with innovative features that reward high-quality content creation. What’s new? Collectible Casts – Now, any cast can be minted as a unique 1-of-1 NFT! If multiple people want it, an auction kicks off in USDC, where the highest bidder gets the NFT, and the creator takes home 90% of the winning bid. Why This is Big Direct monetization – No complex algorithms; earnings depend purely on your content’s value. Earn from Day 1 – New creators can start making money immediately—no waiting period. Exclusive digital collectibles – Users can own rare pieces of Farcaster history. How It Works Auctions run for 24 hours (new casts) or 7 days (older casts). Minimum bid starts at $1, with each new bid required to be $1 or 10% higher. A bid in the last 15 minutes extends the auction (sniping protection). Creators can opt out entirely or block specific users from collecting their casts. If a cast is deleted mid-auction, all bidders get refunded. What’s Next? Farcaster keeps experimenting with creator monetization, and Collectibles is its latest bold move. Will the community embrace it? Let’s see! @cryptogirls @dwr.eth @jesse.base.eth /farcaster
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dmitry
@th1rt3n
thanks for the detailed explanation
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