Nostr Web Client

Has anyone done a proper deep dive into Farcaster? Been hearing more from my normie startup friends that it's getting hugely popular with the Silicon Valley crowd.

I know already it's a shitcoin so no need to bang that drum. I'm just curious about what we can learn from it's growth (I'm guessing it's mostly fueled by VC dollars going into marketing).

Moss 1y ago

I saw the relevant news that a project raised $10 million. The huge amount of funds is incomparable to nostr's project.

"The Web3 social application Kiosk, based on Farcaster, recently announced that it has successfully raised $10 million in funding. The investment round was led by Electric Capital, with participation from a16z Crypto, USV, and Variant Fund ”

https://decrypt.co/229077/ethereum-blogging-protocol-mirror-farcaster-social-media-pivot?amp=1

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Discussion

StackSats.IO 1y ago

Slow and steady wins the race.

Churning through VCs money, who are only in it for pumping & dumping shitcoins has yielded absolutely nothing out of the whole web3 hypecycle - Farcaster will be no different when the bear market returns.

#nostr is growing incredibly already

nostr:note1wwcrml443hcsgge6j84ttxm0pg8e8d6afh2m524pg9n0fk9cu3sqtk2gcr

Moss 1y ago

💯Every step nostr takes is solid and our foundation is very solid.