A bit of googling leads to: https://github.com/uobikiemukot/yaft and the relevant AUR page for what seems to be an actively developed framebuffer terminal with image support
Alternatively, though seemingly also not as actively updated: fbterm
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... Fbsplash has not been actively updated in the recent years and may not be working correctly on a recent Arch setup using systemd. If you want a fancy splash screen during boot, you might want to try Plymouth instead.
libtool: warning: complete static linking is impossible in this configuration
/usr/bin/ld: ./.libs/libfbsplashrender.a(libfbsplashrender_la-common.o): in function `dev_create':
common.c:(.text+0x9a): undefined reference to `makedev'
collect2: error: ld returned 1 exit status
make[4]: *** [Makefile:1026: fbsplashctl] Error 1
make[3]: *** [Makefile:1514: all-recursive] Error 1
make[2]: *** [Makefile:724: all] Error 2
make[1]: *** [Makefile:441: all-recursive] Error 1
make: *** [Makefile:372: all] Error 2
==> ERROR: A failure occurred in build().
Aborting...
I would really appreciate some help with how to fix this.
(I did change the source link to https://netcologne.dl.sourceforge.net/p … .4.tar.bz2 like it said in the comments.)