Dan Romero from Farcaster believes fintech apps like PayPal, Coinbase, and Cash App can improve election surveys by using their large user bases for data collection.
Farcaster’s revenue has dropped by 96% since February, attributed to reduced user engagement due to a lack of new content.
DEGEN token's value has decreased following its listing on Coinbase, raising concerns about its stability and future.
Praxis Nation has raised $500 million to construct a new crypto city supported by Farcaster's Dan Romero.
Praxis secures $525 million from investors like Arch Lending and GEM Digital to build a crypto-friendly city.
DEGEN memecoin surged 128% after its listing on Coinbase. It integrates with the Farcaster ecosystem to reward quality content sharing.
Warpcast introduces mini apps to enhance user interaction within the decentralized social media ecosystem of Farcaster.
Tina from Yuga Labs discussed the 'Made by Apes' initiative and its impact on NFT evolution during FarCon Asia, a Farcaster ecosystem event.
Farcaster is facing spam issues despite implementing a $5 joining fee and is considering future adjustments, discussed by founder Dan Romero at FarCon Asia.
Farcaster founder Dan Romero stressed the importance of authenticity at FarCon Asia, the first major Farcaster offline event in Asia.
Farcaster Ecosystem Takes Center Stage at Asia’s First FarCon Conference in Singapore.
FarCon Asia 2024 will explore innovations in the Farcaster ecosystem and the future of Web3 social networking, featuring industry leaders like Snickerdoodle and Poster.fun.
SocialFi platforms like Farcaster, Lens Protocol, and the now-defunct Friend.tech are facing challenges despite their innovative goals within the Web3 ecosystem.
Decentralized social media platforms like Farcaster, Lens, and Friend.Tech become ghost towns in 2024 after initial excitement. User engagement and financial viability sharply decline despite significant investments. Issues include lack of UX/UI innovations and replicating existing social media functionalities.
Coinbase CEO Brian Armstrong announced investments in 40 projects, including dYdX and Farcaster, started by former employees.
BingX has launched pre-market trading for the Farcaster ($FARCASTER) token, a decentralized social media protocol focusing on user control and privacy.
Friend.tech's TVL drops by $1.1 million in 24 hours amid issues on the Base network. The platform reversed plans to migrate, causing the decline. Market conditions and competition from Farcaster contributed to the downturn.
Farcaster-native gaming company Farworld Labs raised $1.75M in a Pre-seed funding round led by Lemniscap, Variant Fund.
Protocol Village: Farworld, Building Gaming on Farcaster, Raises $1.75M.
Farcaster, a social network built on Ethereum, plans to launch its own token after a $150M funding boost. The platform lets users create profiles, post 'casts', and showcase NFTs on-chain, which could reshape decentralized social media.
Farcaster, a decentralized social media platform, is preparing to launch its own cryptocurrency, offering users full control over their data. This launch differentiates Farcaster from centralized platforms like Meta and X.
Farcaster is set to launch its own cryptocurrency token following a $150 million investment. The decentralized social networking platform differentiates itself by providing users full control over their data, unlike centralized platforms like Meta and X.
Experts debate what drives Farcaster's $1 billion valuation despite having only 50,000 daily users. Venture capital involvement is seen as a key factor.
Crypto-based social media platform Farcaster has reached a $1 billion valuation and 50,000 daily active users, prompting discussions in the Web3 community about the factors behind its rapid growth and the influence of venture capital.
Farcaster experienced a surge in daily activity from 10,000 posts in January to over 500,000 by March, followed by a rapid decline after the initial hype subsided.
May saw a shift in cryptocurrency investment trends, with increased project funding in DeFi and NFT/GameFi sectors. Despite a slight decrease in total investment from April, SocialFi platform Farcaster secured significant funding, reflecting changing investor sentiment.
Farcaster secured a $150 million funding round, achieving unicorn status. Prominent investors support its potential.
Jeff Kauffman, founder of JUMP, predicts that decentralized social platforms like Farcaster and portable social graphs will transform how brand marketers engage with end-users in the Web3 space.
Farcaster has raised $150 million in Series A funding, led by Paradigm, boosting Ethereum's prospects. The platform's integration with Arbitrum and the anticipation of Ethereum ETFs contribute to its growth potential, according to co-founder Dan Romero.
ETH ETFs are inching towards approval, though they're dropping staking options. Blackrock's ETF has seen a major inflow, while Grayscale's ETH discount decreases. BTC and ETH are predicted to reach new highs, and new movements in the political and trading realms could further shape the crypto industry.
Farcaster, an Ethereum-based project, successfully raised $150 million amidst a rising ETH market. The article questions how deployment on Arbitrum might impact the crypto space.
