As of July 2, 2023, the total revenue of the decentralized social protocol Farcaster has exceeded 2 million US dollars, reaching 2,009,458 US dollars, with a total of 577,202 users. In addition, Dan Romero, co-founder of Farcaster, announced the launch of a new in-app payment feature on X platform. This feature allows users to make instant and fee-free payments using USDC, currently only supported on the Base chain.

USDC

DEGEN

MFER

According to Dune data, as of July 2nd, the total revenue of the decentralized social protocol Farcaster has exceeded 2 million US dollars, currently standing at 2,009,458 US dollars, with a total of 577,202 users. In previous news, Dan Romero, co-founder of Farcaster, announced the launch of a new in-app payment feature on X. This feature is built for the Farcaster client Warpcast, allowing users to pay others using USDC without the need to search for or remember addresses, with almost instant confirmation and zero fees. Romero added that initially, this feature only supports the Base chain, with the possibility of adding support for other chains in the future.

Farcaster Protocol's revenue exceeds $2 million, with over 570,000 users and added payment functionality.