TechFlow reports that on April 15, Farcaster stated it has no plans to launch a token for the Farcaster protocol. Recent discussions about a “Farcaster token” actually refer to Hypersnap—a fork project built on the Farcaster protocol—whose team has labeled its token the “Farcaster Token,” leading some users to misunderstand. Farcaster officially emphasized that there is currently no protocol token airdrop on the network; such speculation has spawned numerous bots, sybil accounts, and scam accounts, degrading user experience. The official team urges users to focus on protocol development itself and avoid unwarranted speculative behavior.
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