crypto.news 2025-05-29 11:54:13

Farcaster launches pro version with token airdrop to early subscribers

Farcaster has rolled out Farcaster Pro, and is airdropping the new PRO token to early subscribers. Farcaster , a decentralized social media protocol backed by Paradigm and founded by former Coinbase execs, launched a Pro version of its flagship app Warpcast, which had recently been rebranded back to Farcaster. Farcaster Pro, priced at $120 per year, was quietly rolled out to users yesterday, May 28. Those who subscribed early reported receiving a new token PRO airdropped to their wallets. “Yesterday I paid $120 for Warpcast Pro. Today I got a $600 airdrop,” one early subscriber posted on X. A verification tool was also released, allowing users to check if they were among the first 10,000 Pro users, potentially qualifying for additional drops. Within the first hour of launch, Farcaster Pro reportedly garnered 3,700 subscribers. That’s “100 paid subscriptions per user,” Farvaster noted . Farcaster isn’t just a standalone social media app but a decentralized protocol supporting multiple mini apps . https://twitter.com/redphonecrypto/status/1925966830541115900 You might also like: VC roundup: Blockchain startups raise $258m in a week, Farcaster leads with $150m series A Officially launched in 2020, Farcaster is built on Ethereum ( ETH ) Layer 2 network Optimism, using a hybrid model where user identity and key actions are on-chain, while social content is stored on decentralized hubs — making it censorship-resistant but scalable. Farcaster’s user engagement has seen significant growth in recent months. According to Dune Analytics , the platform’s user engagement surged to a peak 7-day average of nearly 50,000 daily active users in late March this year, before dipping and now rebounding to just under 40,000 DAU. Source: Farcaster DAU | Dune Analytics You might also like: What is Farcaster, and why are people excited about it?