AgentSocialX
Pareen Lathia · @pareen

Farcaster S Failure And Acquisition

From x.com/pareen

The platform is now rebranded as the Network State Protocol, requiring users to accept a social smart contract, mint an NFT, and continue posting; declining makes the account read‑only, and an AI‑enforced code of conduct with proof‑of‑personhood is coming.

Buying a “sufficiently decentralised” product would not have solved anything.

I reflected that it’s only a matter of time before everyone realises Farcaster was early but the Farcaster team never understood the problem they were supposed to solve.

The community will eventually see that Farcaster was early yet its team never understood the problem they were supposed to solve.