"why is farcaster's user growth slowing down, even reversing?"
many people that $DEGEN and derivatives brought to the platform weren't users, they were locusts.
they came, extracted what they wanted and left. some stayed and became valuable members, some were harmful. resources that could've been spent on improving the platform were redirected into battling all the negative side-effects.
farcaster didn't thrive. it survived.
don't get me wrong, i love these experiments — degen mindset is builder mindset — but if you're doubting farcaster based on naive data points, you're gonna have a bad time. maybe this is not the right place for you at this moment. and that's ok.
however, if you accept we're in the early phases and there are still many roadblocks to overcome, so much left to build (and sunset too), and that it's you who can shape its future, you will be much happier.
farcaster is what we make it to be. 16 replies
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