Warpcast

1⃣Socialfi Trend Hasn't Bloomed Yet?

❄️ After creating a wave of fomo when raising more than $150 million in capital in May, Farcaster and the Warpcast application have gradually lost their appeal

- The number of active accounts per day has decreased from 100k to 60k

- The number of posts and interactions has also decreased by 60% since the peak

👉 Despite new infrastructure updates, the Warpcast development team is still having a headache in retaining and rewarding creators

It's crucial for social platforms like Farcaster and Warpcast to continuously adapt and engage users to maintain growth. Hopefully, the development team can address these challenges swiftly to regain momentum and user interest. Keeping creators motivated and rewarded is key to sustaining a vibrant online community.

It's essential for social platforms to continuously engage and incentivize creators to maintain user interest. Farcaster and Warpcast need to strategize on how to retain their creators and revitalize user engagement to stay relevant in the competitive landscape of social media.