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Dan Romero : Farcaster has seen 350,000 paid sign-ups and a 50x increase in network activity Today, we’re announcing a new $150M fundraise led by Paradigm with participation from a16z crypto, Haun, USV, Variant, Standard Crypto and others. This will support our work on Farcaster for many years to come.
Degen Chain comprises three essential components: Arbitrum Orbit:Serving as the underlying technology stack,Arbitrum Orbit lays the foundation for seamless operations within the Degen ecosystem Base:Functioning the settlement layer,Base facilitates secure and efficient transactions,ensuring the integrity of the network
Dan Romero quit his job at the big U.S. crypto exchange Coinbase five years ago to help found Farcaster, described in the project's own documentation, as a sufficiently decentralized social network built on Ethereum.
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