Due to its blockchain-based architecture, Farcaster offers users greater control over their data and interactions, as well as the ability to earn from created content without intermediaries. Romero and his team are now focusing on further platform enhancements, introducing new features such as channels and direct messaging to increase user activity and retention​ (Cointelegraph)​​ (Blockworks)​.

The community-created Degen token (DEGEN) saw a 17% increase in value following the funding round announcement, demonstrating strong community support for the platform