Popular social network gets its second owner this year

Farcaster’s "social-first" model is a failure. Despite raising $150M and attracting 350,000 paid users, the protocol has been sold twice in nine months, with the founders admitting their 4.5-year strategy didn't work. When a project backed by Vitalik Buterin has to return $180M to investors and change hands twice in a year, it signals a crisis for the decentralized social movement. Is DeSoc fundamentally broken, or is this just a Farcaster problem? What’s your take?
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