Subscribe to Bankless or sign in
Warplet. It's the nickname of Farcaster's in-app wallet, a holdover from the Warpcast era.
Yet now, it's also the name of a new NFT collection that's boomed atop 
Farcaster since Sunday. If a Farcaster NFT season is starting, it began here.
The context
Earlier this year, Farcaster co-founder Dan Romero was toying around with a Warplet wallet mascot, which he CCo'd.
Still fond of the little monster, Romero posted a picture of his creation with Farcaster's recent free signups announcement, which went viral on X and Farcaster.
Amid this renewed attention, Angel Say — a co-founder of the Resolve VR app and the creator of Farcaster mini apps like Livecaster and Harmonybot — unveiled The Warplets NFT mint.
How it works
Say created The Warplets drop using Harmonybot.
Essentially, the mini app takes your unique Farcaster ID (FID) and your current profile picture, then it remixes your PFP with the Warplet mascot into a unique NFT.
Another wrinkle here is that a portion of the mint fee goes to buying-and-burning a 
Clanker token. Originally, the target was Harmonybot's CHAOS coin, after which Say redirected the burns to the community-created WARP.
Additionally, Harmonybot allows one-click sharing of your new Warplet to your timeline, and the generated NFTs promptly appear in OpenSea's marketplace. These dynamics led to Warplets exploding across Farcaster and into an immediate secondary trading surge.
The mint itself has run into periodic hiccups, which led to a pause and reopening to Farcaster Pro subs early on. The drop is still open, but some users are having trouble with minting, so Say is working on fixes ahead of announcing a final close date.
When I was writing this post, nearly 26,000 Warplets had already been minted.
Every FID could mint one, at least while the drop is live. And with over 1.4M FIDs in existence, the ceiling is high, though the mint's close date will ultimately determine the final supply. As things stand, I don't think ~100k Warplets is out of the question.
By the numbers
The Warplets have caused a huge activity spike for Farcaster.
Yesterday, Oct. 27th, Farcaster reached a new all-time high in daily active users. And over the past 24 hours, the onchain social network saw +20,000 new Pro subscription purchases, amounting to +$400k in revenue, as people clamored in for Warplets eligibility.
Additionally, the Warplets have made their entrance into NFTs amid a trading frenzy. In its short life so far, the collection has already racked up +36,000 sales and +566 ETH in trading volume.
Big picture
It's starting to feel like 2021 again in Farcaster's NFT scene.
Yes, it's still possible to launch an NFT collection with millions of dollars' worth of sales over night. And as Warplets have demonstrated, among the best places to do that today is Farcaster mini apps. The distribution potential with onchain diehards and NFT veterans is second to none.
Will this launch kick off a trend toward +100k PFP collections, or a new remix meta in NFTs, or both?
We'll have to wait and see. But it does seem likely that there will be an uptick now in NFT drops gated to FIDs and Farcaster Pro subscribers. And as for the Warplets collection itself, it seems likely that it will be built upon and extended in new directions, like rerolls, mini-games, etc.
To me, what's most striking about this episode is how it happened. A meme, a mini app, and some clicks, and then the Farcaster community had a new shared story. It's a glimpse of what's to come in onchain culture, so take note.
