Vitalik’s Favourite Web3 Social Media Farcaster’s Daily Activity Falls By 50% – A Case of Hype or Here to Stay?
Farcaster, a decentralized social media platform on Ethereum, boasts unique features like "Frames" and blockchain-based user control, backed by figures like Vitalik Buterin. Its meteoric rise to a $1 billion valuation and recent user engagement declines prompt scrutiny over its sustainability and dependency on venture capital.
