Farcaster abandons social-first service in crypto wallet pivot

Decentralized social media platform Farcaster has acknowledged its failure to find sustainable growth as a social network after grinding for over four years, announcing a pivot to focus on cryptocurrency wallet and trading features. Dan Romero, cofounder of the company, which is valued at over $1 billion, said in a series of posts that the […] source: https://www.cryptopolitan.com/farcaster-abandons-social-service/