
Dan Romero reassures Farcaster users of continued stable operations, as the company plans a pivot towards developers under Neynar’s leadership.
Dan Romero, founder of Farcaster, denied rumors of the platform's shutdown, stating that the platform remains stable with 250,000 monthly active users and over 100,000 funded wallets. Following Neynar’s acquisition, Farcaster will pivot towards focusing on developers. Romero also confirmed that $180 million raised for Merkle will be returned to investors and noted his home purchase was funded by Coinbase IPO gains.