What is Nostr?
MartyBent / Marty Bent
npub1guh…6hjy
2024-05-23 17:12:04

MartyBent on Nostr: This guy did a deep dive on Farcaster so we don’t have to. Farcaster just raised ...

This guy did a deep dive on Farcaster so we don’t have to. Farcaster just raised $150m at a $1b+ valuation with 45k daily active users that seem to be mostly bots.

For context, Twitter has 250m DAU and is probably worth ~$50b. So Farcaster is valued at 2% of Twitter’s market cap with 0.02% of its DAU. 🤡🌎

Investors are going to burn billions on unworkable Web 3.0 apps while Nostr gets stronger by the day and grows organically. No blockchain needed.

Author Public Key
npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy