2026-01-24
i was never a fan of farcaster but come on you cant call it a rug - raised from vcs, not retail - no token to max extract - no points / fee farming that is just building a product but failing to find pmf / traction
Bloomberg
R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down
2026-01-23
i was never a fan of farcaster but come on you cant call it a rug - raised from vcs, not retail - no token to max extract - no points / fee farming that is just building a product but failing to find pmf / traction
Bloomberg
R&D firm Merkle, which sold Farcaster, says it plans to repay VCs the $180M they invested in the social media project, and says Farcaster is not shutting down
The software firm behind a crypto-oriented social-media platform plans to repay venture capitalists the $180 million …