Procoin has launched an airdrop for holders of the Farcaster Pro NFT. Here’s what you need to know about checking and claiming your PROCOIN.

About Farcaster

Farcaster is a decentralized social networking protocol built on Ethereum and Optimism, designed to give users ownership over their identity and data. Unlike traditional platforms, Farcaster stores user identities on-chain, while posts and interactions are kept off-chain to optimize performance and reduce costs.

In May 2024, Farcaster successfully raised $150 million in a Series A funding round led by Paradigm, with participation from a16z crypto, Haun Ventures, and others. Valued at $1 billion, the project has emerged as one of the most prominent players in the SocialFi space.

Since becoming permissionless in October 2023, Farcaster has recorded over 350,000 paid sign-ups and experienced a 50x surge in network activity, underscoring its rapid adoption and growing influence in the decentralized social ecosystem.

Read more: Check Airdrop Monad Token (MON) on Your Farcaster Wallet

Check your Procoin Airdrop on Farcaster

Who is eligible for the airdrop?

According to the Farcaster team, all holders of the 10,000 Farcaster Pro NFTs are eligible to claim the $PROCOIN token. It’s important to note that these 10,000 NFTs were exclusively distributed to the first 10,000 users who subscribed to the Farcaster Pro plan during its initial launch phase. The airdrop serves as a reward for early adopters who supported the platform from the outset.

Looking ahead, users who subscribe to Farcaster Pro may continue to be eligible for future airdrops, even without holding the NFT. Eligibility could be based on maintaining an active Pro subscription and demonstrating consistent engagement with the platform.

How to Check and Claim PROCOIN

To claim your PROCOIN airdrop, open the Farcaster app on your mobile device and navigate to the link here.

This is a cast that includes an interactive frame, allowing you to claim the token directly within the Farcaster interface. 

After accessing the post, you’ll need to perform a “quotecast” of the message using the exact phrase:

“Ratifying @procoin governance”

Once the quotecast is submitted with the correct syntax, the system will recognize your action, and PROCOIN tokens will be automatically distributed to your wallet on the Base network.

PROCOIN’s FDV is $3 million. Each eligible wallet gets around $120 in tokens.

How to Subscribe to Farcaster Pro

As mentioned earlier, subscribing to Farcaster Pro may grant access to future airdrops, even without holding the original NFT. Here’s a step-by-step guide on how to upgrade to Farcaster Pro:

Step1: From the Farcaster homepage, tap the notifications icon located in the upper-right corner of the screen.

Step 2: Look for the message prompting you to upgrade to Farcaster Pro and click on it.

Step 3: To complete the upgrade, users are required to pay 120 USDC per year.

Subscribing not only supports the protocol’s development but may also increase eligibility for future.

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