If Lens could make money, wouldn’t it be extremely difficult to register users?
Farcaster developer to close funding round led by Paradigm at $ 1 billion valuation
ChainCatcher news, Bloomberg reported, citing people familiar with the matter, that social network Farcaster developer Merkle Manufactory is about to complete a round of financing led by Paradigm, with a valuation of approximately US$ 1 billion. Dan Romero, former vice president of Coinbase and co-founder of Merkle, confirmed on March 29 that the startup was raising funds but did not mention the amount.
According to RootData data, Merkle completed US$ 30 million in financing in July 2022, led by a16z Crypto, with participation from Coinbase Ventures, Ribbit Capital, Multicoin Capital and others.
Farcaster is funded by a16z*, Coinbase Ventures, Multicoin Capital, Standard Crypto, 1confirmation, Archetype, Scalar Capital, Ribbit Capital, Canonical Crypto, Volt Capital, A.Capital, Chapter One, First Round Capital, Offline Ventures, Todd and Rahul's Angel Fund, Haystack, Proof Group, Floodgate, Ansa Capital, Mischief, Balaji Srinivasan, Elad Gil, Punk 6529, Raymond Tonsing. Seed round
Raised US$ 30M
Farcaster is a decentralized social network that enables developers to build novel social networks. It is an open protocol that can support many clients, just like email. Users will always be free to move their social identities between apps, and developers will always be free to build apps with new features on the web.
Farcaster ecological application. Add to backup list
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Lens talked about Lens Summer a few days ago, what will happen in Lens Summer?