Farcaster

Great piece, it explains why some people join Farcaster and then depart. usually, I'm someone who prefers Optimism Over Despair.

Similarly, those who stay here have their own reasons. I believe Farcaster is still very much in its infancy, and the potential of its open protocol is far from fully realized. 

It has grown with crypto and is now facing challenges alongside it. The cozy corners may be small but they are gradually expanding. The upper-layer applications, like Legos, are just beginning to be built.

Most importantly, as long as there are builders involved, there is hope for Farcaster and its ecosystem.

The daily new registrations for Farcaster are approaching the lowest levels seen at the beginning of the year. 

These are tough times for Farcaster and the entire crypto world.

crypto-anarchist · onchain social explorer, advisor · spread FC gospel in /chinese community · curate SocialSight.telegram· host /luo · write 0xluo.xyz

It showed very well how degen affecs Farcaster.

Data

The diagram compares the daily average price of $DEGEN with the total number of casts on Farcaster. It appears that, in fact, $DEGEN is the pulse of Farcaster.

Yes, I once said: $DEGEN is the pulse of Farcaster

Yes, I once said: $DEGEN is the pulse of Farcaster

https://warpcast.com/0xluo.eth/0x26a9f3c7