Farcaster to Repay $180M to Investors Amid Pivot to ‘Developer-Focused Direction’ – Decrypt
In brief Merkle Manufactory, the company behind decentralized social protocol Farcaster, will refund venture investors the $180 million it raised. The move comes after the protocol was sold to infrastructure firm Neynar. “Farcaster is not shutting down,” Merkle co-founder Dan Romero said, noting that Neynar plans to “shift Farcaster in a more developer-focused direction.” Merkle...
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