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Alexey 🎩🐲🐹
@skrim
Stumbled across this information and some interesting analytics today: The number of new Farcaster users has moved into a low growth phase, from a daily peak of about 15,000 in early February to about 650 currently. Farcaster's DAU has dropped from a peak of 100,000 in early July to 60,000, a decline of about 40%. According to @filippoarman dune, posts and interactions are down more than 60% from the peak. - link (https://dune.com/filarm/lens-vs-farcaster) In May this year, Farcaster completed a $150 million Series A funding round at a $1 billion valuation led by Paradigm. Farcaster is also a decentralized social network championed by @vitalik.eth. Below I will describe my opinion on this 👇 https://dune.com/filarm/lens-vs-farcaster
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TylerFoust🎩Ⓜ️🎯
@tylerfoust.eth
Yeah, there's no need to point fingers. Because you can already see that funding does not go to support new users or retain old ones, there is no support for cool developers, who not only attract hundreds of thousands of people here, but also give an opportunity to show themselves to beginners. The only question is where to go and why?
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Alexey 🎩🐲🐹
@skrim
time will tell, but all I can say is that /wearesoearly
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