Why would a crypto social network raise $150M??
About this episode
Web3 investors just bet $150M on a social network with 80,000 DAUs — can it live up to the hype? --- Farcaster is a "protocol for building decentralized social apps" --- Warpcast is an app built by Farcaster that is similar to X --- Developers are building other apps that connect to the Farcaster protocol ---The question for the startup is if it can expand beyond its early, crypto-friendly audience and eventually challenge today's social networking giants --- For crypto, a new breakout consumer service built on the blockchain would be a win. Farcaster wants to build it. Full episode here…