ChainCatcher news, Farcaster co-founder Dan Romero stated, "The team currently consists of 14 members and will be divided into 3 groups: responsible for protocol, cryptocurrency, and social respectively. In terms of protocol, we will build and migrate to Snapchain to expand the protocol and provide a new FIP for FC Connect. In the cryptocurrency area, as part of Frames v2, we are working to improve the transaction user experience. In the social aspect, we will continue to improve application performance, channel iteration, and user experience."

ChainCatcher news, Dan Elitzer, co-founder of the global multi-strategy investment firm Nascent, announced on the X platform that Nascent will co-invest in Yup alongside IDEO CoLab Ventures and Dan Romero.According to the Web3 asset data platform RootData, Yup is a Web3 social network for curators, where users can curate and share content online. Users can earn rewards through their taste and gain influence in discussions.

ChainCatcher news, Farcaster co-founder Dan Romero tweeted that the extension Farcaster Actions has been launched, allowing developers to build some actions that users can install into the Farcaster app with just a few clicks through the framework, currently available for mobile and web applications. In addition, Farcaster Actions is license-free and can run on Warpcast, Nook, and Buttrfly.

ChainCatcher news, Farcaster co-founder Dan Romero stated on social media that Farcaster plans to launch version V3 next Tuesday (August 29), and anyone can register and start using the network.It is reported that new users will need to pay a fee of $5 per year to use the network.