@bytebot
Not unexpected.
"The honest truth: revenue hasn't covered even 50% of our server costs."
The new owners of Farcaster better have a plan for growing the 1,000 DAUs now (its a dismal 6-8K if its DAU spam label = 2, ignoring neynar score).
Reality is builders go where there's a market. I suspect Lens under new stewardship is facing the same issue (probably a lot graver than here).
CT in its current form is not the target market (consider the grifters, PVP mindset, etc - people don't join a network to be infofi's KOLs exit liquidity).
Crypto devs? Wait, a lot left for AI (if you're in crypto pivot to AI...).
Anyone find it ironic Bluesky raised from Bain's crypto arm, and you know, the people there dislike crypto with a vengeance right?
I hate posts like this because I don't have solutions, only problems I see.