Farcaster said rumors were caused by confusion around Hypersnap, a fork project using the phrase "Farcaster token," and warned the speculation could attract bots, airdrop farmers, and scam accounts.
Farcaster said it will not issue a token and stated there is no Farcaster protocol token airdrop. The team attributed market speculation to Hypersnap, a fork project that discussed a so-called "Farcaster token." Farcaster said the confusion could draw bots, airdrop farmers, and scam accounts, underscoring its effort to separate the official protocol from third-party token claims.