Farcaster to Repay $180 Million to Venture Investors, Confirms Continued Operations
The decentralized social protocol Farcaster announced plans to return $180 million to its venture backers, emphasizing that it will continue operating and is not shutting down.
Summary
No Summary provided as the original text is short
Terms & Concepts
Decentralized Social Protocol: A blockchain-based system that enables social interactions without centralized control or ownership.
Venture Backers: Investors who provide capital to startups or projects in exchange for equity or tokens.