• Written by: Lipika Deka
  • Fri, 24 May 2024
  •   Estonia

Farcaster, the nascent player in the crypto and Web3 space, has come under scrutiny from on-chain sleuths. Recently, it secured a whopping $150 million at a $1billion valuation. Data from Dune Analytics revealed that the decentralized network boasts a mere 45k daily active users, a figure too tiny to attract funds of that valuation. Upon […]

Is Farcaster Worth $1B or Just a Spambot Haven?