Farcaster

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 ()

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

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

Builder Community Growth / Researcher /onchain /build

Yes you are right, general market value and scam projects chase people. My friend was scammed here some months ago . His wallet was wiped by just a link click

Degen

The problem with scam projects is that no one checks them and they can easily hang in the Warpcast feed.

Let's take a concrete example - @cycl0ne, I can't say if it's a scam project or not, but why is there no verification before release? Let's say I want to create my project, I send it for verification and if it's positive I get a ribbon with “verified” written on it.

it's simple

that's terrible to hear, unfortunately we're not immune to that.
just yesterday I brought it up here:

A STATISTICIAN THAT DEAL WITH FACTS AND FIGURES  🇳🇬

that's terrible to hear, unfortunately we're not immune to that.
just yesterday I brought it up here: 
https://warpcast.com/skrim/0x3d3e2d42