Last updated May 9, 2025

What is Farcaster?

Farcaster is a decentralized social network where users have upside in the growth of the network. People can earn money by posting popular content, building apps or helping other users with tasks. To date, they’ve earned over $10M in USD.

There are three main things to know about Farcaster:

1. It’s decentralized and programmable — users own their identities and audiences, and developers can build freely knowing that no one can shut off their apis.
2. It’s deeply integrated with crypto — Farcaster apps come with a built in crypto wallet which makes it easy to earn, trade and participate in the crypto ecosystem.
3. It’s the best place to find your first 1000 users — developers can launch their apps to hundreds of thousands of users on Farcaster by building Mini Apps.

Some things that we’re particularly proud of:

• Over 900,000+ paying users have joined Farcaster (public dashboard)
• Users earned over $10M in USDC, $DEGEN, $MOXIE and other onchain tokens.
• Public and venture-backed companies are building on Farcaster (Coinbase, Neynar)

A quick timeline of how we got here:

• 2020 — Founded by Dan Romero and Varun Srinivasan
• 2021 — 100+ daily users.
• 2022 — 1k+ daily users.
• 2023 — 5k+ daily users. Launched on Mainnet.
• 2024 — 50k+ daily users. Launched mini apps.