Farcaster Co-Founder: Protocol is still running normally, personal housing purchase funds came from Coinbase IPO proceeds Dan Romero, co-founder of the decentralized social protocol Farcaster, clarified in a post that Farcaster has not shut down and the protocol is still operating normally. As of December 2025, MAU is around 250k, with over 100k funded wallets. The acquiring company, Neynar, will steer it more towards a developer-focused direction. He also mentioned that Merkle plans to fully refund approximately $180 million in financing to investors and added that his personal housing purchase funds came from Coinbase IPO proceeds.