Title: “Warpcast Comprehensive Guide | How to Master This ‘Crypto Alpha Social App’ that Everyone in the Crypto Sphere is Registering for?”
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) have surged, reaching an all-time high on February 4th, according to data from Dune.
Previously, the meme coin POINTS, which was airdropped to users, experienced a significant price increase of over 5000x after the listing of the new leader DEGEN. Additionally, a variety of meme coins, such as FRAME and FAR, issued on Base, have made it to the popularity charts. The OG NFT floor price also skyrocketed to 2.5 ETH within just two weeks.
Farcaster is not a new crypto entity; it completed a $30 million financing round led by a16z in 2022, with investments from renowned names like Coinbase Ventures, Multicoin Capital, and 1confirmation. The exciting wealth creation effect and the luxurious funding background have attracted increasing attention to Farcaster and its various clients, led by Warpcast. BlockBeats has compiled a registration and usage tutorial for Farcaster protocol for readers’ reference.
Table of Contents
Toggle
Registration Process
How to Purchase Warps
How to Interact within Frames
Farcaster Related Assets
Meme Coin Series
NFT Series
For example, on iPhone, you can directly search for Warpcast in the App Store to download the app. It is important to note that downloading Warpcast in the Chinese region requires $5, approximately 35 RMB.
After installing the app, you can skip the phone number verification and choose to register with an email address. Below are the invitation links from BlockBeats’ editorial team. Registering through these links will grant you 50 Warps, and we also welcome you 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.
After successfully registering on the mobile app, you can open the web version at https://warpcast.com/ and proceed with the binding operation. Use your phone’s camera to scan the login QR code and click the yellow link to confirm the login.
Once logged in to the web version, users can bind their Ethereum wallets. Click on “Settings” in the top left corner of the homepage, connect the address, and click “connect.”
To obtain the Warpcast OG badge, you need to meet the following conditions:
Complete personal information
Bind an Ethereum address
Have at least 400 followers
Account creation must be at least 7 days old
Have had at least one interaction in the past 30 days, including replies, likes, and reposts
Regularly publish content
Being an active user is crucial. In some channels, active participation and interaction are the only requirements to receive airdrops. The previous mentioned DEGEN’s first round of airdrop distribution was based on users’ activity levels in the DEGEN channel. For DEGEN’s second round of airdrop requirements, users can check the following link: https://www.degen.tips/.
Upon entering the Warpcast web version, the left and top sections are navigation bars. The left section, “Direct Casts,” is for group chat functions, while the top section includes the homepage, algorithmic feed, integrated Frames, 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 directly buying them within the app. Each Warp is valued at approximately $0.01.
On January 31st, during Vitalik’s birthday, a Warpcast user once rewarded V God’s account with 10,000 Warps, worth $100. If users want to create a channel within Warpcast, they also need to pay 2500 Warps.
By clicking on the “Warps” option on the left side of the homepage, users can see the purchase cards.
Clicking on “Purchase” will redirect to the COMMERCE interface, where you can make payments through various methods. Coinbase Commerce, a payment solution provided by Coinbase, supports these payment options.
The newly launched Frames feature 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 features in social media, Frames display content in the form of static or animated images, but they can also include interactive elements through buttons, enabling dynamic user responses. Currently, 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. Frames has sparked a new wave of social dApp innovation in DeSoc. The Farcaster Frames Global Hackathon is a special project of 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 NFT projects that offer free minting, as well as some that require payment. Taking an example of a free minting NFT project, users can click on the mint requirements provided by the frame, such as requiring following, liking, and reposting, and then click on “Mint” after completing the tasks.
Upon entering this interface, click “CAST to mint,” which means minting through publishing posts. It is worth mentioning that users do not need to pay gas fees when minting NFTs. The gas fees are covered by the developers who deploy Frames.
After receiving a link, simply click enter and then mint the free NFT on your own homepage.
Users can refresh the channels within Warpcast to find NFT projects available for minting or obtain minting projects through social avenues such as communities and Twitter. BlockBeats reminds readers to be cautious when clicking on wallet connecting links to prevent asset losses.
Meme coins and NFTs related to Farcaster have seen significant price increases in the past two days. With more projects joining, there will be more new developments in the future. The following are the Farcaster-related assets that currently exist and have gained some exposure:
Degen: The leading meme coin of Farcaster;
Points: The earliest meme coin airdropped to users;
Frame: A token with the same name as the Frame function;
Cast: A token with the same name as the post 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: “Farcaster’s Airdrop of Which Meme Coins to Users?”
This article is authorized to be reprinted from BlockBeats.
Successful Conclusion of CoinEx Taiwan’s 7th Anniversary Celebration, Embracing the Arrival of the Web3 Era Hand in Hand with Users
Since its establishment in 2017, CoinEx has been a professional cryptocurrency trading pla…