Warpcast Rewards: a new weekly game
- $7,000 initial pool, top 5 scoring casters receive $200 USDC each; reward pool increases each week
- The game rewards casters with the most engagement
- You do not have to cast on Warpcast to play
- This not a points system—USDC payouts on @base weekly
- Built as a frame
Introducing Composer Actions
- Developers can now build apps that modify new casts
- Create a bounty, a poll or an event and automatically generate a frame
- Developers build ongoing relationships with users in an app they already have and use everyday
7 potential composer actions + frames
Actions are contextual entry points for creating frames.
Frames work on natively on mobile and every user already has a wallet.
Introducing: Base Colors!
The NFT collection for every color on the internet.
Finally, a universally appealing project, with a universally accessible experience, at a universally affordable price.
To get everyone you know into crypto.
Here's how it works...
How to bootstrap crypto as a consumer-friendly payment method
When I joined Coinbase in 2014, my first job was trying to get merchants to accept Bitcoin payments. (I worked with @NTmoney on this.)
Bitcoin as a consumer payment method didn't work out for a few reasons:
1. Clunky UX — after scanning a QR code, you had to send the exact amount of Bitcoin from your wallet; prices could also fluctuate during the checkout flow
2. Small user base — population of people with a bitcoin wallet was probably closer to 10M in 2014.
3. Lack of incentives — no incentive for consumers to overcome the clunky UX. Further, credit and even some debit cards offered cash back and points.
***
Fast forward 10 years, consumer adoption of crypto payments is still low. However, we have the possibility of significantly improved UX thanks to faster, cheaper and smarter blockchains, stablecoins, and 100M+ consumers with a fiat-connected crypto account.
What remains is the lack of incentives...
Continued here:
https://t.co/hzV2q6o7GG
Revisiting "What I'm excited for this build cycle"
Two years ago today, I wrote a post on what I was excited for during the newly begun crypto winter (post-Terra, pre-FTX, most people were in denial).
I wanted to revisit the list to see if / what progress had been made.
1. The Merge is successful and energy use meme goes away.
It happened. It was and the only people who are complaining are intellectually dishonest members of Elizabeth Warren's anti-crypto army.
2. One of the Ethereum L2s breaks away from the pack, de-risking tech choice for builders.
It happened. Base was the clear break out but I would say there's progress in the Optimism and Polygon ecosystems.
3. More practical implementations of zero-knowledge proofs (e.g. Dark Forest) enabling consumer use cases, e.g. trustless anonymous polls or token-enabled experiences.
Not yet. There have been a few interesting experiments from Personae and Opacity, but nothing break out.
Continued here:
https://t.co/zk9B1W7I7a
We have a $115K community prize pool for @base's Onchain Summer Buildathon (starts today)! ☀️
Bounties from The Graph, Privy, Airstack, XMTP, Biconomy, Matcha, EAS, Devcon, WalletConnect, Dynamic, Livepeer, Superfluid, Lit, Crossmint, Unlock + many more
https://t.co/iOYsjZMKZt
Massive month at https://t.co/c4sWLt6q7b
Improvements:
- New communities listed
- Added 10+ new metrics
- Full wallet support
- Enhanced UI/UX
Launched:
- Recommended Mints
- Search
- Degen Instant Bridge
- Cross-chain Swaps
June is shaping up to be even more exciting! 🚀
We're decentralizing Farcaster channels
Channels will be onchain and sovereign, similar to user accounts. If you build a community, the membership is yours, not a centralized platform.
Additionally, the protocol version of channels will give channel creators flexibility around ownership, moderation and economics.
We're hoping to have channels fully decentralized—i.e. zero dependencies on Warpcast—by the end of the summer.
We're hiring a staff-level React Native engineer for Farcaster.
- $300K+ cash & equity
- Remote
- Few meetings
- Team is 13 people, 11 staff-level engineers, 1 staff-level designer and me.
Requirements
- staff-level React Native experience (5+ years as primary stack) at a consumer technololgy company with millions of DAU; we're not hiring experienced generalists right now, need to have significant experience working on a React Native codebase at-scale
- must be physically located in the US or Canada; no exceptions
If you meet the requirements, send me a Twitter DM.
Will only respond to people that send a link to a CV / LinkedIn and meet the requirements. If I don't respond, assume it's a polite decline for now.
We're not looking for non-engineers, interns, people who want to work for free for experience unfortunately. Appreciate the hustle. :)
Our plan is to scale Farcaster to 1 million daily users.
The network must handle 10,000 transactions per second while staying credibly decentralized.
That's the same order of magnitude as Visa.
We gave Frameboard a makeover this weekend ✨
New font, icons, buttons, angles, shadows, and more!
We transitioned away from the @launchcaster UI we built the MVP with to a friendlier, more casual feel.
95% of the consumer crypto projects I'm excited about are using @farcaster_xyz super closely
building on top of it, using it for gtm/distribution/testing hypos early...
if ur not on it and have questions, dm me