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155 - The Rise of Decentralized Social Networks with Farcaster’s Dan Romero
Bankless
Is There a Monetization Model for Social Media?
Farcaster was founded by Veron and Varun Kothari, who both worked at Coinbase. The company raised money last year to build the initial version of Farcaster. It has 8,000 people in a beta with 10 million users on target for next month. They say their goal is to get 100 million users before they go public.
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