There's big news in the crypto social scene today. Lens just launched permissionless signups 👀 This means that anyone can now create a Lens profile without needing an invite, opening up the decentralized social network to a broader audience.  Accordingly, this update brings Lens to par with Farcaster, which rolled out permissionless access in October 2023 and is the current king of the hill among crypto social platforms.  Farcaster has seen explosive growth since then, particularly after the launch of Farcaster Frames—interactive postable apps—earlier this year.  So the main question right now is clear: can Lens catch up to Farcaster’s traction with its own second wind now that it’s gone permissionless?

Dan Romero, co-founder of the decentralized social protocol Farcaster, announced on social media that it is now possible to verify Solana addresses on Farcaster. Verification is part of the protocol, which is decentralized and can be used on the hub without permission.

After the decentralized social protocol Farcaster launched the mini-program Frames, its co-founder Dan Romero was interviewed. He said that currently, creators and users have no direct contact, and developers do not have access to the API. The biggest misconception about decentralized social media is that they are difficult to use, but Frames can allow developers to create experiences for users. It is expected that within five years, decentralized social platforms can reach a user level of one billion. Dan Romero also revealed that he and Coinbase co-founder Fred Ehrsam were college roommates, but at the time, they mistakenly believed that Bitcoin was a Ponzi scheme. After reading the white paper carefully, they completely changed their minds and went to work at Coinbase. Now, he has been working in the cryptocurrency industry for ten years.

According to Dune data, on February 14th, the total number of users for the decentralized social protocol Farcaster reached 177,000, and users have been posting over 89,000 casts on average per day in the past 30 days.

While many may initially perceive $DEGEN as another memecoin, its role in the Farcaster ecosystem transcends this label. It has become a true community token, supporting talented artists and developers who are building NFTs and other use cases around it.

According to Dune data, the total number of users of the decentralized social protocol Farcaster exceeded 120,000, and users averaged nearly 30,000 casts per day in the past 30 days.

Dan Romero, co-founder of the decentralized social protocol Farcaster, announced that the daily active users of Farcaster exceeded 10,000 for the first time on January 27th.

The decentralized social protocol Farcaster announced the launch of Farcaster Frame. It is reported that Farcaster Frame is an extension of the OpenGraph standard, which can transform static embedding into an interactive experience. It allows users to create opinion polls, real-time updates, or interactive galleries that can be used in Warpcast or any other FC client. Developers can use deep embedding and simple clicks on the Warpcast feed to enable users to interact with the product.

Last week I wrote an article a few weeks ago outlining what is Permissionless Identity and why it matters. This week I wanted to cover an example of a ecosystem/protocol/app that is the perfect example of Permissionless Identity and why it's better than most web2 counterparts.Let's get into it ☕️