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Iskra Velitchkova  pfp
Iskra Velitchkova
@pointline
Alright, let’s get down to business: You’ve just been gifted 10 warps for your cast. What does this mean? 👵🏻
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Kaloh  pfp
Kaloh
@kaloh
That means they liked your cast :) Warps are Warpcast's currency. You can buy them in the app for $5 =500 Keep in mind you can't sell them, and there is infinite supply, so it isn't a crypto 'coin' - Warps aren't onchain Not a speculative asset
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Kaloh  pfp
Kaloh
@kaloh
I forgot the most important thing You can use Warps to connect to other apps in Farcaster (pay gas fees) or even mint NFTs with Warps (directly on Warpcast, 1 click)
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Simone Pompei
@simmonsstummer
What I don't understand is if everything is based on Ethereum why do we need warps?
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Kaloh  pfp
Kaloh
@kaloh
Many reasons: Farcaster is not fully onchain, otherwise it would be costly (It is sufficiently decentralized). Warps are great for smooth transactions, without the need to pay gas once you are in Warpcast. They are also amazing to interact across chains (L2s and Solana is coming soon). cont 👇
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