Farcaster's Big Week


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Earlier this week, I wrote about how Frames V2 could be a big catalyst for the Farcaster ecosystem. But take note, because this onchain social network has multiple advances working in its favor right now.
- For instance, the Farcaster team just launched their Snapchain testnet, which uses the new Malachite consensus engine and lays the groundwork for eventually supporting 1 million daily users.
- Another big boon just came by way of Warpcast absorbing Super. The former is the flagship Farcaster app, while the latter has been the leading community-built client. Now that the two teams have joined forces, look for Warpcast to become that much more excellent.
- Then one of the biggest announcements this week was Base declaring that its developers were building a Farcaster feed into Coinbase Wallet. This meld can attract many thousands of new users to Farcaster in the months ahead.
- Also, Warpcast is continuing to double down on becoming an earnings hub for creators with its revamped USDC rewards program, which is offering $15,000 across the top 1,000 weekly posters. It's a good time to start casting, I say.

Other news this week...
📰 General news
🎨 Cryptoart
🏆 Digital collectibles
- Chonks could launch its marketplace as early as next week
- CryptoPunk 8868 resold for 206 ETH
- Holoworld is preparing to release AI support for Pudgy Penguins
- MegaETH introduced its flagship NFT collection, The Fluffle
- Taproot Wizards raised $30 million in new funding
🎮 Decentralized gaming
- 1kx became one of the largest $RON holders
- Kuroro Wilds launched a play-to-airdrop campaign on Ronin
- Parallel Colony is set for a Q1 alpha release
- Smolbound is launching its next playtest next week
🪙 Memes & NFTfi
- GONDI passed $100M in total value locked
- NFTfi.com introduced NFT-backed presale lending
- Pudgy Penguins concluded the $PENGU claim period
📱 Onchain social
- Paragraph introduced a series of platform updates
🌐 Virtual Worlds
- HyperWorld introduced its Hyperfy apps marketplace
- Decentraland announced its Builder Talent Trail destinations

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