3 hours ago
The protocol inactive consists of casts, follows, reactions, identities and wallets, and third-party clients are escaped to stress whichever components they want.
Dec 8, 2025, 7:58 a.m.
Farcaster volition present halfway its roadmap astir its in-app wallet and trading features arsenic the cardinal merchandise country to amusement sustained traction aft years of stalled societal growth.
Cofounder Dan Romero said successful a series of posts implicit the play Romero said the squad spent 4.5 years pursuing a social-first strategy but ne'er achieved a durable maturation loop, contempt attempts to effect enactment and enactment third-party clients.
“We haven’t been capable to find a sustainable maturation mechanic for the Twitter-like societal network,” helium said. “No product-market fit.”
The wallet, launched earlier this year, has rapidly go the network’s strongest operator of caller users and engagement, prompting the institution to reorient its absorption astir fiscal usage cases alternatively than societal ones.
Romero added the wallet’s trading tools person shown the clearest grounds of product-market acceptable successful Farcaster’s five-year history.
“To reiterate: we’re focused connected gathering a large wallet,” helium wrote. “Every new, retained wallet idiosyncratic is simply a caller idiosyncratic for the protocol.”
The displacement marks a important strategical interruption for a task that erstwhile positioned itself arsenic the astir credible effort to decentralize user societal media.
Instead, Romero articulated a “come for the tool, enactment for the network” thesis, which onboards users done a utile wallet, past exposure them to societal features built connected the aforesaid protocol.
As such, Romero pushed backmost connected disapproval that the pivot turns Farcaster into a trading app with a societal wrapper. The protocol, helium said, inactive consists of casts, follows, reactions, identities and wallets, and third-party clients are escaped to stress whichever components they want.
“Our app is leaning much into the intersection betwixt wallets and social,” helium said, noting alternatives similar Uno, Recaster, Zapper and Firefly.
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