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Neynar is acquiring Farcaster.
Over the next few weeks, we’ll transfer ownership of the protocol contracts and code repositories, the Farcaster app, and Clanker to Neynar. They will run and maintain everything going forward.
Some members of the Merkle team, Varun, and I will step back from day-to-day work on Farcaster and move on to something new.
Rish, Manan, and the rest of the Neynar team have been building on Farcaster from the start. Neynar was one of the first Farcaster clients, and its infrastructure now powers much of the developer ecosystem.
We think they are the right people to take over leadership of Farcaster and they’ll share their new builder-focused vision soon.
This wasn’t an easy decision. Farcaster and the people building on it mean a lot to us. We’re proud of what our team built, and what the community built alongside us. But after five years, it’s clear Farcaster needs a new approach and leadership to reach its full potential.
We’re excited to see what Farcaster becomes under Neynar, and we’re looking forward to this next chapter.