Citing BlockBeats, Farcaster announced on October 27 the launch of a custom Warplet NFT, uniquely generated for each user based on their Farcaster profile DNA. The user minting window is temporarily closed until the next day following an app outage. According to GMGN data, the native token CHAOS of the Base chain-based Harmonybot service used for minting surged 950% in 24 hours, reaching a market cap of $1.056 million. Harmonybot developer @sayangel stated that each Warplet mint results in the burning of CHAOS tokens.
Farcaster Launches Custom Warplet NFT, CHAOS Token Surges 950% in 24 Hours
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