Reminder: The State of the Union is on hiatus until 2026! I have terrible internet in the mountains and then I’ll be in Japan and the time change is brutal. Hear you all next year!

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If you are still here, you owe it to yourself to stop scrolling and read this article. It hit me in all the feels. I started grabbing some quotes and had too many to choose from because so many of them hit me in the face. This articulates so much I what I haven’t been able to put into words. “You're posting into a feed that's getting quieter. You're engaging with a community that's growing smaller. The people who remain on a platform in decline (let's be blunt about this) are, by definition, the people who didn't leave, and that group is filtered for stubbornness, ideological commitment, sunk-cost fallacy, or some combinaton of all three. ————— Partly it's that Farcaster, even in its diminished state, retains something I haven't found elsewhere. The community that remains is small, but it's weighted toward people who build things and people who think carefully about what they're building. The feed isn't optimized for engagement, nobody's trying to go viral, and the conversations that happen there have a texture I associate with early internet forums (in a good way.)” I think I’m still here for the people. I met a lot of awesome humans through this place. I’m not sure what it will look like over the next few months, but I think there are still amazing people here and the community is worth it but I also won’t judge anyone who is ready to move on. If you do leave, please tell us where you are going so our paths can cross again.

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Be like Eduard and let a mini app craft a personalised poem for you.

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Somehow I don't use Google Trends enough, but definitely worth it. The first hump in Aug. '25 is probably attributable to the TBA beta version launch, and the 2nd hump in Oct. '25 to @sayangel's Warplet launch. Nearly as many searches as in Feb. '24.

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If Farcaster is a failure, than sign me up for failing too! I agree that scaling is difficult, and maybe not difficult but slower than wished for. But, the potential is still enormous. Sometimes things don't go the way you want, but they do go the way they do. I think it's a great thing when a founder knows when to hand over a project. Letting go of something you raised from scratch is not easy. Imo the sale of Farcaster to Neynar changed a number of things that increase the chance that Farcaster will continue to exist in the longer term: - the $180M burden of investors is gone (there are still investors, but for a lower amount); - with services for mini app builders Neynar has a broader base to get revenue from; - with the second bullet TBA isn't a competitor anymore, but an opportunity for selling more services to builders. Imo the Farcaster sale is the end of a chapter, not the end of a book.

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Narratives are interesting. FC is peaking with active monthly fids, and still the narrative is that FC is dying. Imo, engagement (cast, like, reply and recast) is low because people are earning less with their actions. This seems to apply not only to farmers, but also to legitimate users. This may result in lower revenue for Neynar in the short term, but the foundations for a bright future are now being laid.

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I’m heading to the airport in a few hours flying to Denver!!✈️ If your going to ETHDenver let me know, I’d love to meet irl!!!🤠🤙

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With the new spam label dataset spam label 2 (the 'good casters') are on fire. New ATH with only active spam label 2 fids, and still in an uptrend.

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this is more reactionary than anything else-but I sure am tired of people trying to yank me by the shirt collar and drag me off to get fleeced I still can’t bring my cousins and family and friends here because this place has too many unfettered POS‘s Not to mention, I have to explain crypto at every turn, and let’s be clear until we do something about the narrative of crypto—we are not going to be able to invite friends here until crypto is more good than Wild West frontier — I’m curious if that’s even the point, or is /farcaster just for crypto — if so I was misled/confused

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With this rate only 37 users will be left on this app again 😂

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Did anyone pay attention? 324k active fids in Jan.! A new ATH!!! However: - 62.7% without spam label; - 51.3% brand new fids; - Engagement was the lowest since Apr. '25; - Engagement was the lowest since Jan. '24 for spam label 2!!! The good news: there was more spam label 2 engagement than spam label 0 engagement. Probably because it isn't that profitable at the moment. https://dune.com/nhejyht/farcaster-monthly-dashboard

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From now on, it is mandatory to put on this song every morning before casting and sing along at the top of your lungs with your hand on your heart! 🎵 Check out my song "Hymn of Farcaster " on CastTune!

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https://farcaster.xyz/arjantupan/0x67433452

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Great article I looked back in my casts. About 9 months ago, the focus on alternative income-generating opportunities began. Protocol revenues went down to attract more new casters, and there was experimentation with alternative sources of income (e.g. promoted casts). They started testing many revenue strategies that we also see on X (subscriptions, promoted casts, paying creators). It was clear that the investors wanted results, and that's why I started talking about the investors yesterday. BTW, I don't think the investors wanted 'web2' results, but revenue. Initially by people who pay for the protocol, but when the masses failed to materialize, they opted for more revenue per user. This eventually drove them to want to turn FC into a trading app. Which makes you one of many and certainly not a first mover in the market. IMO, it's positive that FC move to a next phase.

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Imo, good news for Farcaster The fact that the founders realize in time that it is time for a change in leadership is a good sign. And a quality in people that I really appreciate. However, I am curious if the original investors are still investors or if they have been bought off? aka is @neynar besides owner the only investor or do past investors still need to be kept happy? I'm asking that because Farcaster is an excellent product, but needs more time to reach full maturity. Investors are the ones who can give FC time.

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