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Farcaster wants to convert from Socialfi to a wallet
The FC team tried for four and a half years without finding a market fit, and user growth also had ups and downs
It wasn't until the launch of the wallet feature in FC this year that the team really saw the product fit the market the most
Wallets bring users to the protocol, and existing social protocols bring social attributes to the wallet
To put it simply, FC wants to target trading products such as FOMO in the future, with real-name KOLs stationed, all transactions are public, and the chain is an abstract experience.
Compared to FOMO, Fc has a unique user group/social network
In other words, some time ago, Coinbase also acquired Vector, which has the same track, will social + chain abstract trading products be the main theme of the future?