Farcaster

Farcaster is a social network built on Ethereum that emphasizes decentralization, giving users full ownership and control over their accounts and data. By utilizing a peer-to-peer system of nodes called Hubs, it ensures efficient data storage and propagation, enabling reliable and scalable interactions. Users engage with the network through wallet apps like Warpcast, available on both iOS and Android, facilitating easy migration of social connections across different apps​. The platform supports interactive features through "Frames," which allow users to create dynamic mini-apps such as polls and live feeds, enhancing content engagement​. Farcaster accommodates various message types, including public posts, reactions, and links between accounts, while maintaining network integrity and preventing spam through a nominal storage fee​. This approach sets Farcaster apart from traditional social media by offering greater user autonomy and flexibility.

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Funding Round
Funding Amount
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Series A21 May, 2024
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Seed1 Jan, 2023
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News related to Farcaster3

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Farcaster
Aug 12, 2024 Show on chart

Farcaster Earn Passively. Farcaster launched Tap-to-Earn game 2 ...

Farcaster is a sufficiently decentralized social network. It is an open protocol that can support many clients, just like email. @farcaster_xyz. raised $180M ...

https://medium.com/@DepinDaily/farcaster-earn-passively-997ad387cd8d
Farcaster
Jun 18, 2024 Show on chart

Crypto social media platform Farcaster has about 50,000 daily users ...

Farcaster is not the first web3 social startup, and will by no means be the last. So why are investors bullish about this one in particular?...

https://www.msn.com/en-us/money/technology/crypto-social-media-platform-farcaster-has-about-50-000-daily-users-so-why-is-it-valued-at-1-billion/ar-BB1oernP
Farcaster
May 22, 2024 Show on chart

Degen token surges 17% on Farcaster’s $150M Series A raise

Romero, a former Coinbase executive, first hinted at the funding round on Warpcast in March but didn’t share any further details at the time. ...

https://cointelegraph.com/news/degen-token-surges-17-farcaster-raise-150-million

Investors3

ParadigmParadigm
Andreessen HorowitzAndreessen Horowitz
Union Square VenturesUnion Square Ventures

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