Farcaster is a blockchain-based social protocol founded by two Coinbase alumni.
It is a public social network similar to Twitter and Reddit. Users can create profiles, post "casts" and follow others. They own their accounts and relationships with other users and are free to move between different apps.
From its funding rounds, the project has successfully raised $180M from reputable investors, such as Paradigm, Andreessen Horowitz (a16z), Coinbase Ventures, Multicoin Capital, and many others.
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Farcaster is a decentralized social platform running on Ethereum. It enables users to create profiles, share messages, connect with peers, and build communities, providing a user experience akin to well-known social platforms such as X and Reddit.
The primary difference lies in its decentralized structure, ensuring individuals maintain control over their accounts and connections. This enables seamless transitions between applications.
The company behind Farcaster is called Merkle Manufactory, founded by former Coinbase executives, Dan Romero and Varun Srinivasan.
Users are required to pay $5 (in reality, $6 when you purchase your subscription with Apple Pay or Google Pay) to register an account and publish a restricted number of posts on the platform to deter bots from signing up and misusing posting privileges.
Farcaster unveiled ‘Frames’ on January 26, 2024, introducing interactive mini applications for both individuals and developers. Almost two weeks after the launch of Frames, Farcaster experienced a huge 1,722% surge in daily users, rising from 2,932 on January 26, 2024 to 50,504 on June 2, 2024, according to Dune.
In December 2025, Farcaster shifted to a wallet-first focus to drive user growth and engagement. On January 21, 2026, infrastructure provider Neynar acquired the full Farcaster stack from Merkle Manufactory, including the protocol (Snapchain), official app/client, and AI token launchpad Clanker.
On August 17, 2026, seven months after acquiring Farcaster, Neynar has started a process to find a new home/team to run the protocol, official app, and Clanker going forward. Neynar co-founder Rish stated that while the acquisition initially seemed like a strong fit, conditions have changed and the team is no longer the right operator for the next phase. Neynar plans to return most of its remaining balance sheet, and the team will move on.
Warpcast
Warpcast stands out as a favored choice among users for connecting to Farcaster. Its interface bears a resemblance to the structure of the social media platform, X, previously known as Twitter.
On Warpcast, individuals craft messages known as ‘casts,’ akin to ‘tweets,’ and share them through ‘recasts,’ similar to ‘retweets’ or ‘reposts.’ Users who actively contribute content on the platform are referred to as ‘Warpcasters.’
Warpcast functions as a client for Farcaster, offering users control over their accounts similar to email. Warpcasters can interact with others by setting up profiles and exchanging public messages.
Important features of Warpcast include the ability to establish a Farcaster account with a public profile, participate in posting and responding to public messages, and discover and explore the public profiles of other users.
Vitalik Buterin, co-founder of Ethereum, praises Farcaster. “Farcaster will NOT be deserted in 4 months, or 1 yr.”, Buterin stated.
✅ Farcaster’s pros:
📛 Farcaster’s cons:
Farcaster is a blockchain-based social protocol founded by two former Coinbase employees. It functions like a public network similar to Twitter or Reddit, where users can post “casts,” follow others, and fully own their profiles and social connections, with the freedom to switch between apps.
In March 2025, the project team released the points system in the Warpcast app. Hence, we decided to prepare a step-by-step guide on how to join the Farcaster airdrop.
<a href="https://coinlaunch.space/projects/farcaster/" title="Farcaster (N/A)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/farcaster.png" width="224" alt="Farcaster (N/A)"></a>