PANews reported on January 22nd, citing CoinDesk, that Dan Romero, co-founder of the decentralized social protocol Farcaster, announced that Farcaster will be fully taken over by its early infrastructure builder, Neynar, including the protocol's smart contracts, codebase, mobile application, and AI token issuance platform, Clanker. Farcaster received $150 million in funding from Paradigm and a16z in 2024 but has consistently failed to achieve sustainable growth. Founder Romero and some members of the Merkel team will step down from day-to-day operations, and Neynar will launch a new developer-centric roadmap.