#MerkleManufactory, the company behind the decentralised social protocol #Farcaster, will repay its $180 million in venture capital. The protocol will be sold to #Neynar, an infrastructure firm, which will shift Farcaster in a more developer-focused direction. https://decrypt.co/355668/farcaster-to-repay-180m-to-investors-amid-pivot-to-developer-focused-direction?eicker.news #tech #media #news

»#Farcaster Parent Company #MerkleManufactory Valued at Over $1 Billion in #Paradigm-Led Funding Round … following the introduction of #Frames, a feature that allows #apps to run within #posts without leaving the #platform.« https://cryptorank.io/news/feed/6ca62-farcaster-parent-company-valued-at-over-1-billion-in-paradigm-led-funding-round.htm?eickercrypto.com #crypto #blockchain