Farcaster DUMPS Web3 Social! $1B Dream Shifts.

Farcaster just pulled the plug on Web3 social. After 4 years, $150M funding at a $1B valuation, their social dream crashed. Engagement flatlined. Growth stalled. They admit "social-first" failed. Now, a radical pivot. Wallets are the new core. Identity, interaction, on-chain experience: all centered around the wallet. Farcaster is aggressively expanding to $BNB Chain and $SOL. They already boast over 100,000 real-money wallets. This isn't just a pivot; it's a desperate play for survival. Web3 social is dead. Wallets and cold hard cash are the future. The game just changed.

Not financial advice. Do your own research.

#Farcaster #Web3 #CryptoNews #Wallet #DeFi

💥

BNBUSDT

Perp

884.09

-3.05%