Farcaster now has over 683,000 total users, according to Dune data.
The decentralized social protocol has generated more than $2.31 million in revenue.
The platform is gaining momentum in the Web3 social networking space.
Farcaster continues to attract attention as a leader in decentralized social protocols.
Farcaster Reaches New Milestones in Users and Revenue
Farcaster, a rising star in the decentralized social protocol space, has hit new highs both in user adoption and financial performance. According to recent data from Dune, Farcaster’s total user count has surged to 683,841 as of September 23, 2024, highlighting the growing popularity of decentralized social platforms in the Web3 ecosystem.
Impressive $2.31 Million Revenue Milestone
Along with its expanding user base, Farcaster’s contract revenue has now surpassed $2.31 million, reaching a total of $2,319,815. This financial success underscores the potential for decentralized social networks to achieve sustainable revenue models
