Farcaster

On Jan 21, 2026, Neynar announced the acquisition of Farcaster from Merkle Manufactory: Neynar took over the protocol, the clients and Clanker, and Merkle planned to return the $180M raised to investors [[6]](#src-6). On Jul 15, 2026, Jesse Pollak (Base) wrote that the whole social side, "farcaster, zora, miniapps, and yes, creator coins", had "disintegrated completely" [[8]](#src-8). On Oct 15, 2026, Network School, Balaji Srinivasan's organization, bought Farcaster from Neynar and renamed it Network State Protocol; users are offered a "social smart contract", and those who decline keep read access and can take their keys, funds, followers and history to another client [[7]](#src-7). Farcaster has not documented a creator payment program in the sources reviewed: income came through ecosystem mechanisms such as tips in the DEGEN token, and the Degen blog states that tip allowances end when the Degen App launches [[10]](#src-10). In October 2026, Farcaster is coming out of two ownership changes in nine months, with a new usage framework still to be defined, and the DEGEN token lost 49.5% between Oct 23, 2025 and Oct 22, 2026 [[11]](#src-11).

Platform-linked tokens, indexed to 100. Source and detailed data in the sources file.

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