@gajmal.base.eth
Farcaster just flipped the script—this changes everything.
Farcaster just made a bold pivot—here’s what you need to know:
- After 5 years building an open social network, Farcaster’s team is turning the wallet into their main product
- Their social features failed to create strong, stable demand
- The new built-in wallet took off unexpectedly—users loved it even more than the network itself
- The logic? People arrive for the wallet’s convenience and stay for the social connections
- All new official updates will focus on wallet features
- The protocol stays open, so anyone can use different clients or even build their own
- If you prefer the old Farcaster, you can switch clients or leave altogether
My take?
Farcaster was paid and never competitive with Twitter; the main attraction was the rumoured drop
Rewards so far have only come from ecosystem projects—not Farcaster itself
Now they’re jumping into the wallet race, but it’s a crowded field
Unless the drop comes soon,