Farcaster just dropped a fucking bombshell: 10,000 Pro Memberships sold out in under 6 hours, raising $1.2M to supercharge its decentralised social revolution.
From Mini Apps like Spaces and Pods to weekly USDC rewards, this is the social future and the community is all in. Let’s unpack why Farcaster’s latest move is a game-changer.
Farcaster’s Pro Membership launch was pure energy. Yesterday, 27th of May, 10,000 yearly subscriptions at $120 each sold out fast, pulling in around $1.2 million via USDC on Base with barely $10 spent in total gas fees.
That’s raw community power. The funds now fuel weekly USDC rewards for users and developers, cementing Farcaster’s role in Web3.
Early subscribers also received a limited-edition NFT, purely collectible and the entire dataset will be onchain soon.
With over 650,000 users, more than 115 million casts, and close to 20,000 hubs, Farcaster is no longer a startup. It is a decentralised hub.
Why It’s Huge 🚀
Farcaster is not trying to copy X or Instagram. It is rebuilding social media from the ground up.
Decentralised Freedom: Built on Optimism, it stores identities onchain and posts offchain for speed. No one can de-platform you or control your data.
Pro Power: The raise backs user and dev rewards instead of funneling value to a centralised platform.
Low-Cost Access: Entry costs just a few dollars and gas fees sit comfortably under a cent.
The rebrand from Warpcast to Farcaster screams one thing: this is a protocol for everyone, not a single app.
It’s a bold move to prioritize decentralization over branding. And way easier for normies to onboard, innit
Global Reach 🌍
Farcaster’s global play is strong.
Affordable Entry: Low gas fees mean users from Nigeria to the Netherlands can engage equally.
Diverse Hubs: From DeFi to shitposts, every niche has a channel.
@degenbot: Follow the $DEGEN tipping economy in real-time.
The $DEGEN token powers a unique tipping layer, now enhanced by weekly USDC rewards.
The builder economy on Farcaster is thriving, and it is just getting started.
Roadblocks Ahead ⚠
Momentum is strong, but hurdles remain.
Activity Drop: Daily casts fell from 600K to 250K. Monthly actives halved.
Crowded Scene: Lens, Nostr, Bluesky, and X still fight for eyeballs.
User Experience: Wallets still scare people off.
Scaling Needs: Nearly 150 GB of data already.
Regulatory Concerns: Ties to the US may draw future scrutiny.
Still, a $150 million Series A means Farcaster is ready for these challenges.
What’s Next 🔮
This play is far from over.
Pro Perks: Up to 10K character casts, image packs, and giftable subscriptions.
AI Agents: Experiments in agent-led profiles and content.
Broader Reach: Solana and more bring composability.
App Momentum:Farcord,Recaster and other community-led alternative apps are gaining ground.
Farcaster is not another onchain fad. It is quietly building the foundation for the next internet.
And.. let's see what Dan is cooking 👀👇🏽
Percs Partners 🤝
Before we're heading to Our Take, we want to give a massive shout out to our partners at Percs, the masterminds behind free marketing tools for onchain creators and Farcaster Games!
Go check them out on Farcaster and X and get involved!
Our Take 💭
Farcaster’s $1.2 million raise is not just impressive, it is iconic. A protocol with users that get paid, devs that build and also rewarded, plus a community that believes.
It's raw. It is real. It is the decentralised social internet we have been waiting for.
🚨JUST IN: Trust Me Bro Labs 🚨🚨
Building something onchain?
Let’s talk. TMB Labs is now offering full-stack growth support for blockchain, AI and social apps projects.
Partnerships, strategy, content, socials, and more 👇🏽
