Degen

fc-updates

Coming soon

We will be working with developers / projects that want to give users airdrops.

We’ll indicate what the developer is hoping to accomplish with the airdrop.

Users that 1) opt in 2) do the desired action—use a frame, engage in a channel, etc.—will start to develop reputation as a good user to offer future airdrops to.

Users that opt in, receive airdrops and don’t do the desired action will develop a reputation as a user to avoid offering airdrops. 

Ultimately, developers get to decide who to target (the data is permissionless). 

But I suspect airdrops on Farcaster will start to reward usage / go forward alignment.

First airdrop next week!

@Farcaster Airdrop

Farcaster is launching a new opt-in airdrop system where users can receive airdrops from developers by completing specific actions.

How It Works:
• Opt-In Process: Users must opt-in to participate in airdrops.
• Complete Actions: Users earn a positive reputation by doing the requested tasks (e.g.,using a frame, engaging in a channel).
• Reputation System:

Active users who complete tasks will be more likely to receive future airdrops.
Inactive users who opt-in but don’t participate may be excluded from future airdrops.
Key Points:
• Developer Control: Developers decide who to target based on user behavior.
• User Choice: Participation is optional, and you’re free to hold or sell airdropped tokens—but selling immediately may reduce future eligibility.
• First Airdrop: Expected next week, from a developer building a frame.

Official announcement https://warpcast.com/dwr.eth/0xd857fba3

1 — https://warpcast.com/web3youth
2 — https://warpcast.com/web3army

#Farcaster