[Farcaster Announces Strategic Shift: From Social-First to Wallet-Driven Growth] Farcaster co-founder Dan Romero announced on his social media that the project will focus on developing a wallet to attract more users. Previously, they spent four and a half years attempting a social-first strategy, which proved ineffective. Since the wallet business has been growing, they decided to increase investment in this area, meaning new features and product positioning will now center around the wallet. Romero emphasized: 'We have transitioned, and the product is now focused on wallet users. The most important function of our wallet is transactions. This is the core. People are free to use the product without using the wallet. But we are focused on wallets/transactions.'