This guy did a deep dive on Farcaster so we don’t have to. Farcaster just raised $150m at a $1b+ valuation with 45k daily active users that seem to be mostly bots. 

For context, Twitter has 250m DAU and is probably worth ~$50b. So Farcaster is valued at 2% of Twitter’s market cap with 0.02% of its DAU. 🤡🌎

Investors are going to burn billions on unworkable Web 3.0 apps while Nostr gets stronger by the day and grows organically. No blockchain needed. 

https://m.primal.net/IKoF.mov 

 @zach is this guy missing something? I feel like this could easily be someone exploring nostr and looking for signal in all the bots
nostr:nevent1qvzqqqqqqypzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qqspmfn8j6spzgvcs5qjt3r0mdz8x0knu3u3z244d6aw4jju2q5uf8c5ujute 

 blockchains are useful, just without the shitcoins