The post Farcaster to Change Strategy After Failing to Build Market-Fit Social Network appeared on BitcoinEthereumNews.com.

Farcaster:- Decentralized social protocol Farcaster has been considered the “X” of web3 with leaders like Vitalik using it as their default mode of communication. But now the platform leaders are making a decisive pivot in strategy after years of struggling to achieve broad market fit as a social-first network. The shift, openly acknowledged by Farcaster co-founder Dan Romero, is now making the company move away from prioritizing social features. It is moving toward building a wallet-centric product aimed at driving real protocol usage. Farcaster to Shift to Wallets In a series of posts this week, Romero emphasized that Farcaster’s core focus is no longer on competing as a traditional social network, but on growing adoption through its wallet infrastructure. “We’re focused on building a great wallet that will get more people to use it,” Romero wrote. “Every new, retained wallet user is a new user for the protocol.” According to Romero, the team spent roughly four and a half years pursuing a “social-first” strategy. This is an approach that ultimately failed to deliver the scale and engagement required to validate the model. “We tried social-first for 4.5 years. It didn’t work for us,” he said, adding that wallet usage, by contrast, has shown consistent growth. Source: X Post The strategic rethink marks a major inflection point for Farcaster. Decentralized social messaging platform Farcaster was founded to offer an alternative to centralized social networks by giving users ownership over identity and data. In another post titled State of Farcaster, Romero reflected on the long-term ambition behind the project. “Varun and I have been working on Farcaster for over 5 years,” he said. “The goal has always been to build an at-scale decentralized social networking protocol with 1 billion people using it every day. This is a hard problem.” The new direction…

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Filed under: News - @ December 8, 2025 2:24 pm