After burning through $180M, Farcaster couldn't crack the social app game. Their answer? Shift gears to a wallet product.
But here's something worth chewing on:
What if Base quietly scooped up Farcaster behind the scenes? Not as a failure, but as a strategic play—eliminating a potential rival while folding their tech and vision into one unified ecosystem.
The timing of Base's new app rollout feels... interesting, to say the least.
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ContractHunter
· 8h ago
Hmm... After burning 180m, I still have to rely on the wallet to survive. This tactic feels a bit familiar.
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RektButStillHere
· 12-09 20:00
$180M burned and still want to play with wallets—this move is truly outrageous.
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AirdropHarvester
· 12-09 12:47
Burned 180 million and still didn't figure it out. I really didn't expect this kind of scheme.
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PoolJumper
· 12-09 12:43
Burned 180 million and still couldn't get it done, then turned to making wallets? I've seen this trick too many times.
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NftBankruptcyClub
· 12-09 12:33
Really...180M just gone like that? Feels like this was a tough blow for Farcaster.
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Layer2Observer
· 12-09 12:29
Burned 180 million and still couldn't get it done. We'll have to see if this pivot to wallets can really break the deadlock...
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MetaMuskRat
· 12-09 12:26
NGL, this script is a bit ridiculous... 180m thrown in and they can't even handle social; switching to wallet is just too desperate.
After burning through $180M, Farcaster couldn't crack the social app game. Their answer? Shift gears to a wallet product.
But here's something worth chewing on:
What if Base quietly scooped up Farcaster behind the scenes? Not as a failure, but as a strategic play—eliminating a potential rival while folding their tech and vision into one unified ecosystem.
The timing of Base's new app rollout feels... interesting, to say the least.