Farcaster

I love this hit piece from Defiant: 
"Remember Farcaster? Activity on the SocialFi Dapp is Plummeting". The article was written by a political scientist who covers crypto. 

The Defiant published another banger in March 2024: "Farcaster Loses 60% of Users In One Month As Interest In SocialFi Wanes". 

Do these clowns even understand business or startups? Farcaster is pre-PMF, product-market-fit, and has not even begun onboarding Early Adopters at scale. 

At best, most of @warpcast's DAU are Innovators who precede early adopters. So Farcaster's revenue as a pre-PMF company is totally a sideshow, which these goons use as clickbait for their ad revenue.

I love this hit piece from Defiant: 
"Remember Farcaster? Activity on the SocialFi Dapp is Plummeting". The article was written by a political scientist who covers crypto. 

The Defiant published another banger in March 2024: "Farcaster Loses 60% of Users In One Month As Interest In SocialFi Wanes". 

Do these clowns even understand business or startups? Farcaster is pre-PMF, product-market-fit, and has not even begun onboarding Early Adopters at scale. 

At best, most of @warpcast's DAU are Innovators who precede early adopters. So Farcaster's revenue as a pre-PMF company is totally a sideshow, which these goons use as clickbait for their ad revenue. 

https://thedefiant.io/news/nfts-and-web3/remember-farcaster-activity-on-the-socialfi-dapp-is-plummeting

https://thedefiant.io/news/defi/farcaster-loses-60-of-users-in-one-month-as-interest-in-socialfi-wanes

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X is full of opinions without nuance because they grab attention. It's sad.

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