
Evan Van Ness 🧉|Mar 12, 2025 18:30
Probably the beginning of the end for @WeekInEthNews was when I heard that Farcaster founders took $40m of that money directly into their own pockets (raising at unicorn valuation)
They probably had less real users than WiE, for what is mostly a web2 app but with a token someday
But @VitalikButerin was pumping Fartcaster hard, so it was valuable and the big crypto funds dumped money on it
Meanwhile WiE got zero support from EF or Vitalik. Maybe even negative support
When the market speaks, at some point you gotta listen
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