Farcaster (Series Unknown)
Funding Details
Awarder
Inbox
Date Award
May 21, 2024
Vertical
Blockchain-Based Social Media
Funding Amount
$150,000,000
Company Info
Traction
Farcaster has seen significant growth with 350,000 paid sign-ups and a 50x increase in network activity. There are hundreds of developers building on the protocol and a growing number of apps and frames for people to use.
Founders
Dan Romero
Coinvestors
Paradigm, a16z, Haun, USV, Variant, Standard Crypto
Company Description

Farcaster is a blockchain-based social-media project built atop the Ethereum blockchain as well as OP Mainnet in the Optimism layer-2 ecosystem. The project went 'permissionless' in October and has seen significant growth with 350,000 paid sign-ups and a 50x increase in network activity. There are hundreds of developers building on the protocol and a growing number of apps and frames for people to use.

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