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News Explorer — Farcaster Raised $150 Million Round to Grow Its Decentralized Social Network

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May 21, 11:05 pm
Unchained Crypto

Farcaster Raised $150 Million Round to Grow Its Decentralized Social Network

Farcaster, a decentralized social network aiming to compete with mainstream platforms like Facebook and Twitter, has raised $150 million in funding. The funds will be used to expand and retain users on the platform, with plans to decentralize in the future. The co-founders, who previously worked at Coinbase, emphasize the importance of simplicity and user experience in building a successful product.

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