<oembed><type>rich</type><version>1.0</version><title>Connected Places wrote</title><author_name>Connected Places (npub1da…w783p)</author_name><author_url>https://njump.me/npub1daf0jwnmp53cgvw536lnh5e7qc4anqesecyldu73fm0e54kccyeskw783p</author_url><provider_name>njump</provider_name><provider_url>https://njump.me</provider_url><html>New: What is Farcaster, and why did a16z value it at 1 billion dollar?&#xA;&#xA;#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. &#xA;&#xA;I take a closer look at how Farcaster works, and why some crypto VCs think its worth a billion dollars.&#xA;&#xA;Read at: https://fediversereport.com/what-is-farcaster-and-why-did-it-raise-150m-usd/</html></oembed>