@b00bs

❎ Farcaster was sold to NEYNAR. ⚫ Decentralized social media infrastructure company #NEYNER bought the #Farcaster project.! ⚫ In 2024, Farcaster had raised $150 million from VCs such as Paradigm, a16z crypto, Haun Ventures, USV, Variant, Standard Crypto, and...! ⚫ Dan Romero, founder of Farcaster and one of the developers of the #Warpcast client, said: “In the next few weeks, we will transfer ownership of the smart contracts and code repositories and the #Farcaster and #Clanker applications to NEYNAR.” ⚫ Some time ago, the Farcaster team announced that they would focus all their efforts on developing their own wallet and move away from the warocast for which they were known.! ⚫ Dan Romero said that this social application had not been able to achieve sustainable growth during the 4.5 years of Farcaster’s operation.

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