FARCASR ACQUIRED. DECENTRALIZED SOCIAL WAR IGNITES.
Major shakeup in decentralized social. Farcaster is now under Neynar's control. This is a massive shift. Neynar, the backend powerhouse, takes over operations. This move is seen as a vital "baton pass" by supporters, injecting fresh energy and direction. However, sharp criticism erupts. Doubts surface over a $1 billion valuation exit for founders. Questions loom about decentralized promises versus capital realities. This acquisition reignites the debate on VC funding, founder accountability, and true decentralized governance. The market is watching.
Disclaimer: This is not financial advice.
#Farcaster #DeSoc #CryptoNews #Neynar 🚀