{"type":"rich","version":"1.0","title":"Connected Places wrote","author_name":"Connected Places (npub1da…w783p)","author_url":"https://njump.me/npub1daf0jwnmp53cgvw536lnh5e7qc4anqesecyldu73fm0e54kccyeskw783p","provider_name":"njump","provider_url":"https://njump.me","html":"New: What is Farcaster, and why did a16z value it at 1 billion dollar?\n\n#Farcaster is a decentralised social network that has seen significant growth recently, with currently around 80k daily active users. The network has strong ties with crypto and Ethereum. They got an investment of $150M recently by (among others) a16z. \n\nI take a closer look at how Farcaster works, and why some crypto VCs think its worth a billion dollars.\n\nRead at: https://fediversereport.com/what-is-farcaster-and-why-did-it-raise-150m-usd/"}