Empire Newsletter: Counting Farcaster users while Uniswap spills the SEC beans

Can’t believe it’s not botter

Farcaster’s big raise came with a mission attached: Grow the number of daily active users.

But measuring DAU in anything crypto can be really hard, as returning Empire readers would know. 

What founder Dan Romero said in his fundraising announcement post is true. Farcaster, a social media protocol powering the crypto-native app Warpcast, has seen a 50x increase in network activity since last October, at least according to this Dune dashboard. 

And the growth doesn’t seem to be slowing. There were almost 35,000 daily unique users after Farcaster’s initial hype peak in February. Then, after a brief lull, Farcaster beat that by 30% in March before…

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