Wu says that according to Messari researcher AJC, major decentralized social platforms are undergoing transformation or facing difficulties, including Base app shifting from community-first to trading, Lens being acquired by Mask Network, and Farcaster being acquired by Neynar. At the same time, they believe that now might be a good time to build at the intersection of social networks and cryptocurrencies.
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Wu says that according to Messari researcher AJC, major decentralized social platforms are undergoing transformation or facing difficulties, including Base app shifting from community-first to trading, Lens being acquired by Mask Network, and Farcaster being acquired by Neynar. At the same time, they believe that now might be a good time to build at the intersection of social networks and cryptocurrencies.