Farcaster Clarifies No Token Issuance, Related Token Discussions Stem from Forked Project Hypersnap

Odaily News Farcaster stated that its protocol will not issue a token. The current market discussions about a "token launch" are actually triggered by the forked project Hypersnap.

According to the introduction, the Hypersnap team referred to its token as the "Farcaster token" in discussions, causing confusion among some users. Farcaster emphasized that this statement does not represent the official position, and there are currently no plans for any Farcaster protocol token or airdrop. It also expressed hope to reduce the impact of bot accounts and fraudulent activities caused by this confusion on the network experience.