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Farcaster Shifts Focus to Wallet-First Strategy in Web3 Social Evolution

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Farcaster has refocused its strategy, prioritizing its built-in wallet over its social feed. The project team, founded in 2020 by Dan Romero and Varun Srinivasan, originally aimed to build a decentralized social media alternative. However, wallet usage grew faster than social features, leading to a strategic shift. The project’s early user base, rooted in crypto and tech, helped shape its open protocol design and culture.
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