What once started as farcaster’s (unofficial) native memecoin has become its lifeblood. Started in Jan 2024, the ethos underpinning its existence was to reward those who had been active and engaged creating value in the ecosystem by casting (posting), building apps/experiences and sharing meaningful art. Much akin to the original auspices of dogecoin on reddit, except this time on a sufficiently decentralised web3 protocol.