By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: Farcaster’s Web 2.0 Approach Fuels 10X Growth for Its Decentralized Social Network
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
Crypto & Web3

Farcaster’s Web 2.0 Approach Fuels 10X Growth for Its Decentralized Social Network

Anuj Kumar Verma
Last updated: February 12, 2024 1:28 pm
Anuj Kumar Verma
Share
2 Min Read
SHARE
  • Farcaster’s user-friendly social network grows 10x by minimizing blockchain barriers for users.
  • Features and community bonding now key to sustain momentum.
  • Web 2.0 approach aims to drive mass adoption by making blockchain access invisible.

Contents
Farcaster’s user-friendly approach to blockchainFeatures+community strategy

Farcaster’s user-friendly approach to blockchain

Decentralized social network Farcaster is leveraging Web 2.0 onboarding and engagement tactics to drive adoption of its blockchain-based platform.

Allowing easy sign-ups without crypto wallets, the network has seen daily active users surge 10x to over 61,500 after launching “Frames” for interactive in-app experiences.

Co-founded in 2020 by former Coinbase employees, Farcaster aims to bring crypto’s ownership and control to social media through features like minting NFTs and earning tokens.

But it has intentionally minimized blockchain barriers to grow. Invite rewards and post limits also curb bot risks.

Features+community strategy

The strategy differs from decentralized social peers that led with crypto-first messaging. And it is fueling real momentum for now.

However, sustaining growth long-term requires continually shipping fresh features and real community bonding, not just speculation, as past web3 social flops show.

Since support coming for more blockchains beyond Ethereum, Farcaster hopes its Web 2.0-infused approach can spur mass adoption by making blockchain access invisible to users drawn in by familiar social engagement.

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article Indonesia’s Tech Future Hinges on Election Result
Next Article Musk’s xAI Seeks Billions More to Take on OpenAI

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

Strategy

The New Metric for Success, Greg Isenberg on Revenue per Employee

May 9, 2024
Fashion

Shein Pivots to Supply Chain-as-a-Service Amid US Regulatory Hurdles

March 26, 2024
Culturee-CommerceFashion

Carousell Strengthens Luxury Segment with LuxLexicon Acquisition

April 4, 2024
AI

ByteDance’s Doubao Surpasses Baidu’s Ernie in China’s AI Chatbot Race

May 23, 2024
CultureFAANG

The Bezos Way: Unconventional Wisdom for Elite Enterprises

May 13, 2024
e-CommerceLogistics

GoTo Waves Goodbye to Tokopedia Logistics Arm

May 6, 2024
VC

Malaysia Emerges as Southeast Asia’s Tech Investment Hotspot

July 29, 2024
Culture

Tesla’s Futuristic Supercharger Site is Actually an Old-School Diner!

February 12, 2024
AI

AI Models Are Commoditized…. But There Are Still Massive Opportunities to Make Money

June 13, 2024
AIStrategy

Tom Goodwin Unravels the Mysteries of AI and Its Implications for the Future

March 14, 2024
Media

Amazon’s Bollywood Bet: Acquiring MX Player for Wider Reach

June 13, 2024
FAANGSocial Media

Instagram’s Threads App Sees Tripling of Downloads

February 12, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?