# Farcaster Snapchain *Author: Bankless* *Published: Nov 22, 2024* *Source: https://www.bankless.com/de/read/farcaster-snapchain* --- [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/unnamed--32-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/realms-world-starknet&email=true) Farcaster Snapchain Published on Nov. 22nd, 2024 [ View in Browser ](https://www.bankless.com/metaversal) --- [**Sponsor: Uniswap Extension**](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/realms-world-starknet&email=true) — Say goodbye to pop-ups. Download today. [Download it now on Chrome](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/realms-world-starknet&email=true) .  .  . NEWS ROUNDUP What's Snapchain? ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/image---2024-11-22T134146.895-1.png)**This week, Farcaster founder Dan Romero laid out the onchain social network's **[**current priorities**](https://x.com/dwr/status/1859700282877415850)** in a short tweet. ** However, one priority here particularly stuck out: "*Build and migrate to Snapchain to scale the protocol*." [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/image---2024-11-22T133033.992.png)](https://x.com/dwr/status/1859700282877415850)This tweet is all we have to go off for now, but the hinting suggests a big shift is coming for the social network. Of course, I think it's safe to assume that Snapchain will be a bespoke Layer 2 solution of some sort that the Farcaster team deploys to better handle more users and activity in the years ahead. We recently saw Lens unveil its [own social infra L2](https://www.lens.xyz/news/introducing-the-new-lens), and Farcaster is now seemingly cooking up something similar to power its development goals going forward. It's not surprising, either. L2s make transactions fast and cheap, but they also open up a "blank canvas" design space for projects to bake unique features right into the network's base layer. Farcaster can tap these dynamics to unlock new possibilities for its users. For example, imagine microtransactions for user-generated content, super seamless tokenized tipping, or even better composability with DeFi and NFT projects. New kinds of onchain social economies could be on the horizon accordingly. That said, in improving scalability, Snapchain should also bolster Farcaster's other pillars (Frames, channels, etc.) and help them shine even more. Better performance can win over more users, and more users generate more interesting activity, and that activity can bring in even more users, 'round and 'round. For now the exact nature of Snapchain remains under wraps, but it's a big thread to watch going forward in the Ethereum ecosystem, and its success could ripple beyond just the Farcaster protocol. Will Snapchain remain Farcaster-exclusive or become a broader infra lego? Only time will tell, but either way keep your eyes peeled here! ### **📰 General news** - **Nouns DAO** [is working on a new mechanism, auction streams](https://x.com/nounsdao/status/1858622133456318936) - **Wayfinder**, the AI agents protocol, [is preparing to launch $PROMPT in Jan. 2025](https://x.com/AIWayfinder/status/1860005573162598709)[ ](https://twitter.com/punksOTC/status/1798093880711155918) ### **🎨 Cryptoart & music** - **XCOPY** [released *ICXN*, a new 1/1/500 art collection, via Art Blocks Engine](https://x.com/ArtBlocksEngine/status/1859943607714869343) ### **🏆 Digital collectibles** - **CryptoPunk 7098** [resold for 118 ETH, the biggest 'Punk sale this week](https://x.com/cryptopunksbot/status/1859470655248388334) - **Rekt Brands**, the team behind the Rektguy NFT collection, [launched their $REKT token](https://decrypt.co/292930/rekt-coin-launching-ethereum-airdrop) ### **🎮 Decentralized gaming** - **Axie Infinity **[released its Nightmare Collection add-ons](https://x.com/AxieInfinity/status/1859582542665408561) - **Nifty Island** [opened testing for user-generated quests](https://x.com/Nifty_Island/status/1860051898944086066) - **Parallel **[is launching its Aftermath expansion series tomorrow, Nov. 23rd](https://x.com/ParallelTCG/status/1860030143449940249) - **Yeoman **[released Command, a modding platform for onchain games](https://x.com/YeomenAI/status/1857322674089062714) ### **🪙 Memes & NFTfi ** - **Henlo Kart** [opened $HENLO airdrop claims](https://x.com/henlokart) - **Magic Eden** [announced the details of $ME tokenomics](https://x.com/MEFndn/status/1858555794393846016) - **Rug.fun** [unveiled its new AI-powered memecoin launcher platform](https://x.com/rugdotfun/status/1859670319893708847) ### **📱 Onchain social** - **Farcaster **[is preparing to launch Frames V2](https://x.com/dwr/status/1859611740805255257) - **Lens **[introduced its upcoming Onchain Groups feature](https://x.com/LensProtocol/status/1859897002550804700) ### 🌐 **Virtual worlds** - **Decentraland **[kicked off the Decentraland Music Festival](https://x.com/decentraland/status/1859265683218915470) ---