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🌐Farcaster bids farewell to social utopia and embraces financial realism
@farcaster_xyz was once seen as a beacon of hope for decentralized social networking, carrying the dream of building a truly open social network free from the control of any single person or company.
However, recently Farcaster has been undergoing a strategic transformation, pressing an unexpected yet reasonable reset button by abandoning the purely "social-first" strategy in favor of a "wallet-driven" growth model.
This is not just an ordinary product iteration; it is a fundamental reconstruction of the Web3 social narrative. This transformation marks Farcaster's formal acknowledgment that simply replicating the path of a "decentralized Twitter" is currently unfeasible, and instead, it embraces the most essential moat of the crypto industry: wallets and trading tools.
Teleport to see Farcaster's "wallet-driven" evolution:

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