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Why would a crypto social network raise $150M??

2024-12-25T13:43:09+0800

Why would a crypto social network raise $150M??

Web3 investors just bet $150M on a social network with 80,000 DAUs — can it live up to the hype? --- Farcaster is a "protocol for building decentralized social apps" --- Warpcast is an app built by Farcaster that is similar to X --- Developers are building other apps that connect to the Farcaster protocol ---The question for the startup is if it can expand beyond its early, crypto-friendly audience and eventually challenge today's social networking giants --- For crypto, a new breakout consumer service built on the blockchain would be a win. Farcaster wants to build it. Full episode here: https://www.youtube.com/watch?v=hX_sbTxzDrs #venturecapital #socialmedia #web3 #investing

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