Crypto Gloom

Cryptocurrency game changer 📱

The metaverse is Unbanked Newsletter For a weekly level up on the NFT and on-chain frontier

Dear unbanked nations,

The cryptocurrency social scene is just taking off. giant Level up.

That’s because Farcaster has just introduced Frames, which lets you turn any cast (equivalent to Farcaster’s tweets) into an interactive app.

These new features bring incredible new possibilities to the Farcaster ecosystem, from incast airdrop checkers to one-tap gasless NFT mints.

That said, the frame boom is clearly underway, so in today’s post I’ll quickly explain the basics here and cover how you can explore them yourself!

-WMP

👉 To learn more, visit mantle.xyz.

more 101: Built on Ethereum and optimism, Farcaster It is a social protocol that anyone with an Ethereum wallet can join.

Why is it important?: Unlike existing web2 platforms, Farcaster emphasizes user control over data and allows portability of social data across different apps within the ecosystem.

Where should I start?: Farcaster’s design philosophy promotes a decentralized approach to social media, so you can try apps built on top of it. warpcastThere is Farcord, a Twitter-like interface, and Farcord, a Discord-like platform. See the full list of Farcaster clients here..

Signing up: Currently, people with a US phone number can join Farcaster for free. Otherwise, the transaction cost to create an account on Warpcast is currently $5.

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What’s new: Frames, released last week, is an extension to Farcaster, a new feature in Farcaster. open graph protocolThis is a content standard first developed by Facebook.

How it works: Similar to social media embeds, frames display content as static or animated images, but can promote additional interactive elements through buttons to enable dynamic user response.

conclusion: From games to quizzes and beyond, frames offer endless possibilities and are a new way to create more engaging, cryptocurrency-centric experiences in the Farcaster ecosystem.

activity boom: The emergence of Frames spurred a surge in Farcaster activity. Since the weekend, reactions (comments, likes, replays) have increased by over 100% and sign-ups have exploded to over 70,000.

Framing scenes are entirely new, but we’ve already seen an explosion of experimentation with a variety of purposes here. Here are 10 examples of buzz-generating initial frames to illustrate the variety of possible applications:

  • ♟️ chess trainer — An interactive chess puzzle.

  • 🍪 Girl Scout Cookies — Order your favorite cookies with just one click.

  • 👾 Nesria — is a text-based game in which players attempt to conquer monsters.

  • 🎨 NFT Gallery — Browse the collection in your feed via Gallery.so.

  • NFT Mint — Gas-free NFTs drop directly on Farcaster.

  • 📊 Survey Builder — DIY Farcaster Survey System.

  • 🪙 product credit — Mint an NFT to receive free product credit.

  • 🎧 song drop — Music NFT Mint via Sound.xyz.

  • 🎬 caution — Click through scenes from Christopher Nolan movies.

  • 🧵 thread — Used to create a thread of content within a single cast.

Different Farcaster clients approach surface framing in different ways. If you’re new to Warpcast like most people, you can find and join new frames by checking out: Popular Frame Pages Or that frame channelThis is similar to a subreddit.

If you’re interested in learning more about Farcaster and frames, here are some helpful resources:

I’ve also seen some great posts about Frames over the past few days. If you’re still trying to understand what this new feature means, be sure to check out the following posts:

Integrating Frames into Farcaster is the biggest thing in the cryptocurrency social scene so far in 2024. This demonstrates how a decentralized social network can leverage the rails of the cryptocurrency economy and deliver rich, interactive experiences while maintaining user security and autonomy.

For the NFT ecosystem in particular, Frames has created a new way to showcase, mint, and engage with NFTs directly within social media feeds. They give creators a new channel to distribute their work and collectors a new way to discover and interact with NFTs.

These NFT possibilities and more create fertile ground for new user experiences. If just a few of these experiences can gain groundbreaking traction, they could foster widespread acceptance and integration of blockchain technology in everyday online interactions.

In the meantime, more frame experiments will be released, and more DIY no-code tools will be released that will make it easy to publish your own frames.

Also consider becoming an active poster on Farcaster and connecting with other interesting accounts and cast members to make the most of the initial momentum. If Farcaster ends up being a huge success, you’ll get on the ground floor!

William M. Feaster is the creator of metaverse—A bankless newsletter focused on the emergence of NFTs in the cryptoeconomy. He also serves as a senior writer for the Bankless newsletter.

explore mantle. Now is the time for mass adoption of decentralized and token management technologies through Mantle Network, Mantle Treasury, Mantle Staked ETH, and other token holder management product initiatives.

👉 Visit mantle.xyz today to learn more about the mantle ecosystem..

It is not financial or tax advice. This newsletter is strictly educational and does not constitute investment advice, a solicitation to buy or sell any asset, or a solicitation to make any financial decisions. This newsletter does not constitute tax advice. Consult your accountant. Do your own research.

expose. Occasionally I may add links to products I use in this newsletter. If you purchase through one of these links I may receive a commission. Bankless authors also hold cryptocurrency assets. see us Investment disclosure here.