Title: “Warpcast Ultimate Guide: Everyone’s Registering, How Can Newcomers Master This ‘Crypto Alpha Social App’?”
Written by: Kaori, Luccy, BlockBeats
Edited by: Jack, BlockBeats
Recently, the decentralized social protocol Farcaster’s leading front-end, Warpcast, has become the new darling of social media.
Starting from January 26th, Farcaster’s Daily Active Users (DAU) surged, reaching an all-time high on February 4th, according to data from Dune.
Prior to this, the meme coin POINTS, airdropped to users, experienced a resurrection in value, with the leading coin DEGEN’s price increasing over 5,000 times. Additionally, other meme coins like FRAME and FAR, issued on Base, made it to the hotlist. The OG NFT floor price also skyrocketed to 2.5 ETH within just two weeks.
Farcaster is not a new player in the crypto industry, having completed a $30 million financing round led by a16z in 2022. Prominent investors like Coinbase Ventures, Multicoin Capital, and 1confirmation also participated. The exciting wealth creation effect and impressive financing background have attracted increasing attention to Farcaster and its various client applications, led by Warpcast. BlockBeats has compiled a tutorial for readers on how to register and use the Farcaster protocol, for reference purposes.
Table of Contents:
Registration Process
How to Purchase Warps
How to Interact within Frames
Farcaster-related Assets
Meme Coin Series
NFT Series
For example, on an iPhone, users can directly search “Warpcast” on the App Store to download the application. Please note that downloading Warpcast in the Chinese region requires a payment of $5, approximately 35 RMB.
After installing the application, users can skip the phone number registration and choose to register with an email address. Below are the invitation links from BlockBeats’ editorial team, which offer 50 Warps upon registration. Users are also welcome to follow our editors:
– Zhang Wen, Editor-in-Chief, @wenz
– Jack, Researcher/Deputy Editor, @jackxiong137
– Jaleel, Researcher/Author, @jaleel
– Joyce, Author, @joyce24
– Kaori, Author, @kaori
Once the mobile application registration is successful, users can open the website https://warpcast.com/ to perform account binding. By aligning the QR code on the landing page with the phone’s photo album and clicking on the yellow link, users can proceed with the login confirmation.
After successfully logging in on the website, users can connect their Ethereum wallets. By clicking on “Settings” in the top-left corner of the homepage, users can connect their addresses and click “Connect.”
To obtain the Warpcast OG badge, users need to meet the following criteria:
– Complete personal profile
– Bind an Ethereum address
– Have at least 400 followers
– Account creation for at least 7 days
– Interact at least once in the past 30 days, including replies, likes, and reposts
– Regularly publish content
Being an active user is crucial, as active participation and interaction in certain channels are the only requirements for receiving airdrops. As mentioned earlier, the first round of airdrop distribution for DEGEN was based on users’ level of activity in the DEGEN channel. The requirements for the second round of DEGEN airdrop can be found in the following link: https://www.degen.tips/.
Upon entering the Warpcast website, the left and top sections serve as navigation bars. The left section, “Direct Casts,” is for group chat functionality, while the top section contains the main page, algorithmic feed, Frames integration, and all channel collections.
Warps are an important revenue stream for Warpcast. Users can earn Warps by running nodes, being active on Warpcast weekly, purchasing them with money, or buying them directly within the application. Each Warp is worth approximately $0.01.
On January 31st, on Vitalik’s birthday, a Warpcast user once donated 10,000 Warps worth $100 to V God’s account. If users want to create a channel within Warpcast, they also need to pay 2,500 Warps.
By clicking on the “Warps” option on the left side of the homepage, users can see the available purchase cards.
Clicking on the purchase option redirects to the COMMERCE interface, where users can choose various payment methods. The payment solution is supported by Coinbase Commerce, a merchant payment provider.
The new Frames feature introduced by Farcaster greatly enhances its playability. Based on Frames, developers can embed their own dApps into the Farcaster client, allowing users to have various interactive experiences based on posts. Similar to embedding on social media, Frames display content in the form of static or animated images, but they can also incorporate interactive elements through buttons to achieve dynamic user responses. The main use cases range from games, quizzes, minting NFTs, voting, and more.
Related reading: “Understanding the Popular Innovation Frames on the Farcaster Protocol in One Article.”
On February 1st, the Farcaster Frames Global Hackathon, jointly organized by Tako Protocol, was officially launched, sparking a new wave of social dApp innovation in the DeSoc field. The Farcaster Frames Global Hackathon is a special project of the DeSoc Hackathon S1. The winners of the hackathon will have the opportunity to showcase their projects to global developers at the ETH Denver event on March 2nd.
Currently, there are many projects offering free minting of NFTs, as well as some that require payment. Taking a free minting NFT project as an example, users can click on the mint requirements provided by the frame, such as following, liking, and reposting, and then click on “Mint” to complete the process.
After entering the interface, users can click on “CAST to mint,” meaning minting through publishing posts. It’s worth mentioning that users do not need to pay gas fees when minting NFTs, as the gas fees are covered by the developers who deploy the Frames.
After obtaining a link, users can click enter and then mint the free NFT on their own homepage.
Users can refresh channels within Warpcast to find NFT projects available for minting or obtain minting projects through social avenues like communities and Twitter. BlockBeats reminds readers to be cautious when clicking on links that require connecting wallets to avoid asset loss.
Meme coins and NFTs related to Farcaster have experienced significant price increases in the past two days, and with more projects joining, there will be more exciting developments in the future. Currently, the following Farcaster-related assets have gained exposure:
– Degen: Leading meme coin on Farcaster
– Points: The earliest meme coin airdropped to users
– Frame: Token with a name similar to the Frame feature
– Cast: Token with a name similar to the posting function
– Farcaster OG NFT, floor price: 2.5 ETH
– Farcats: Farcaster’s mascot, floor price: 0.7 ETH
– Castaways: Farcaster LOGO NFT series, floor price: 0.25 ETH
Related reading: “Which Meme Coins Were Airdropped to Farcaster Users?”
This article is authorized and reproduced from BlockBeats.
