Ethereum's Vitalik Buterin Praises Farcaster, Disses Friend.Tech

Ethereum co-founder Vitalik Buterin predicted that Farcaster and Lens will not be deserted in four months or one year, while criticizing blockchain-backed social app Friend.tech for relying on financial speculation instead of fun. The article says Friend.tech, which lets users buy and sell shares of friends' social media profiles, fell 99.6% in daily transaction volume from September's highs, according to Dune data. It reports that Farcaster user activity rose 1,300% in the last week, driven by its Frames feature, which lets users play games, make purchases and mint NFTs within apps.