Farcaster has received huge financial support. Many developers of #Nostr work part-time or use their own funds to invest in development. It seems that Farcaster wants to do the same thing as Nostr. They use shitcoins to support distributed storage and design an economic model for decentralized protocols.
"Farcaster announced the completion of a $150 million Series A financing."
https://techcrunch.com/2024/05/21/farcaster-a-crypto-based-social-network-raised-150m-with-just-80k-daily-users/
Moss
npub129…uy5gm
2024-05-22 12:28:39
Author Public Key
npub129z0az8lgffuvsywazww07hx75qas3veh3dazsq56z8y39v86khs2uy5gmPublished at
2024-05-22 12:28:39Event JSON
{
"id": "e01fc861d39f8769ecaa1bc22cbb3e83a6deef447c632984b02c73c27248f498",
"pubkey": "5144fe88ff4253c6408ee89ce7fae6f501d84599bc5bd14014d08e489587d5af",
"created_at": 1716380919,
"kind": 1,
"tags": [],
"content": "Farcaster has received huge financial support. Many developers of #Nostr work part-time or use their own funds to invest in development. It seems that Farcaster wants to do the same thing as Nostr. They use shitcoins to support distributed storage and design an economic model for decentralized protocols. \n\n\"Farcaster announced the completion of a $150 million Series A financing.\"\n\n https://techcrunch.com/2024/05/21/farcaster-a-crypto-based-social-network-raised-150m-with-just-80k-daily-users/",
"sig": "2547d0be9a638f85127e582633dbabadfd58717608661937ca05624c9f9b1be4aeb09235b37c28ac2ba59b7ab38c039c96f53d333c848f59950d17a9106214e1"
}