@cryptonjal
There have never been so many FIDs active as in Dec. '25 (287k!) and yet the narrative that things are going badly with FC keeps coming up. However, I measure qualitative growth. It's slowly growing, but it is there:
- Active spam label 2 is growing slowly
- Active spam label 0 is declining
- Engagement from spam label 0 and spam label 2 is declining, but avg. casts/active FID isn't for both spam label 0 and 2.
- The large amount without a spam label in Dec. '25 is probably due to TBA. This amount has already become smaller than 2 weeks ago.
See the figures for yourself: https://dune.com/nhejyht/farcaster-monthly-dashboard
Measure FC growth by spam label 2, not by all active FIDs. Spam label 0 isn't bringing value to the network.
I don't want to say that FC has proven its right to exist with the investors. That will have to be seen in the coming years, but the foundation is there.