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Monad, the high-performance Layer 1 blockchain, has launched a targeted airdrop campaign to reward active users on Farcaster, the decentralized social protocol.
The initiative saw Monad distribute MON testnet tokens to 77,000 Farcaster accounts.
This unique integration marks the first major collaboration between Monad and Farcaster, aiming to encourage experimentation with Monad’s growing ecosystem via the Warpcast mobile app.
This guide will walk you through how to check your MON token balance and what you can do with these testnet tokens right now.
What Is Farcaster?
Farcaster is a decentralized social protocol that provides users with complete control over their identity and content. It was founded in 2020 by Dan Romero and Varun Srinivasan, both previously executives at Coinbase (NASDAQ:COIN).
The protocol is designed to allow open participation and data portability across applications without any centralized control, similar to how email functions.
Farcaster has attracted significant interest from venture capitalists. As of May 2024, the project has raised a total of $180 million in funding.
Warpcast is the flagship client built on top of Farcaster. It operates similar to a social media app like X, but with native support for crypto features such as wallets, token transfers, and on-chain identity.
Airdrop Eligibility: Who Qualified for MON on Farcaster?
Monad distributed MON testnet tokens to 77,000 active Farcaster accounts based on several criteria, including:
Regular posting activity
Reacting to other users’ posts
Verifying their identity
Actively engaging with the app
These MON tokens are testnet tokens, which means they’re not real monetary assets but can be used to experiment with upcoming Monad-based apps and features.
Step-by-Step: Check Your MON Balance on Farcaster
Step 1: Launch the Warpcast mobile app on your phone.
If you have not used Warpcast yet, you can install it using the link below:
iOS: https://apps.apple.com/us/app/warpcast/id1672317606
Android: https://play.google.com/store/apps/details?id=com.farcaster.client
Step 2: Tap the “Wallet” tab on the navigation bar at the bottom of the app.
Step 3: Scroll through your token list to see if “MON” appears. If you received the drop, your MON balance should be visible here.
Tips If You Didn’t Receive MON
If you missed out on this MON testnet drop, don’t worry, you still have chances to get involved in the future. However, it may be a sign that your activity on Farcaster wasn’t yet strong enough to meet the eligibility criteria.
To improve your chances next time, stay active by posting regularly, reacting to others’ content, and verifying your identity.
Also, make sure you follow Monad’s official channels for updates on upcoming testnet campaigns and the anticipated mainnet launch.
What Can You Do with MON Test Tokens?
The recent distribution of MON testnet tokens marks Monad’s first major integration with the Farcaster ecosystem. By sending tokens to 77,000 eligible accounts, Monad aims to encourage experimentation and early adoption of its developer tools and upcoming mini applications.
While these tokens hold no monetary value, they serve as a gateway to Monad’s testnet environment. Recipients can use MON tokens to interact with early-stage applications built on Monad, test smart contract features, and send tips within the Farcaster ecosystem.
Users are also advised to retain some MON in anticipation of forthcoming app launches that may require the token for participation.
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