Farcaster

Farcaster is a decentralized social media platform built on blockchain. It aims to give users more control and move away from the centralized structure of platforms like Twitter.

Quick Facts:
- Launched: 2021 by a team led by Dan Romero, a former Coinbase executive.
- Architecture: Decentralized protocol using Ethereum and layer 2 technologies (like Base).
- Usage: Users can post, follow, and interact. Data is stored on the blockchain, and identities are managed with crypto wallets.
- Special Feature: Integration with cryptocurrencies like DEGEN to "tip" posts or reward them.
- Status: Still in beta and mostly popular with developers and Web3 enthusiasts.