I love using farcaster and someone please correct me if I’m wrong but wouldn’t 150M in VC make it not a crowdfund?

director of product @seedclub. we built @crowdfund. i design & dev social, crypto, and ai software. i interview crypto builders @ web3galaxybrain.com.

I love using farcaster and someone please correct me if I’m wrong but wouldn’t 150M in VC make it not a crowdfund? 

https://techcrunch.com/2024/05/21/farcaster-a-crypto-based-social-network-raised-150m-with-just-80k-daily-users/

the funds get distribted as weekly rewards to posters and mini app devs