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Dan Romero pfp
Dan Romero
@dwr.eth
In retrospect, decentralized social network has been terrible framing for Farcaster. Two recent frames that are better: 1. Farcaster is an economy — social network + crypto wallets, small but high GDP per capita, h/t @woj.eth @luc 2. Programmable social — X APIs are dead, Farcaster APIs are constantly getting better, h/t @six It's still (mostly) decentralized under the hood, but lean into the things that it's really good at relative to the competition.
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Dan Romero pfp
Dan Romero
@dwr.eth
Also credit to @betashop.eth @phil for being early to onchain transactions as the "thing" that makes it different. Still not convinced that transactions themselves are as interesting social. But they create the meta for the social network.
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Dan Romero pfp
Dan Romero
@dwr.eth
Example of how Farcaster is an economy https://warpcast.com/dwr.eth/0x6a859958
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androidsixteen pfp
androidsixteen
@androidsixteen.eth
I think part of it is that it's very hard to pass the crypto purity tests for decentralization Some researchooor will be arguing with you in perpetuity about some edge case where you're not ackshually decentralized But money? Yeah, it's very easy to tell if you made money or not. Far easier value prop to "prove"
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Jayme Hoffman pfp
Jayme Hoffman
@jayme
Come for the money, stay for the network. Money: farcaster is an economy Network: community + clients via programmable social
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Gabriel Ayuso pfp
Gabriel Ayuso
@gabrielayuso.eth
Decentralization is a layer of trust that sets the foundation for the economy and the programmability. Building an economy and programmability on top of a centralized network is possible but you'll likely go the way of Facebook platform, Twitter and Reddit APIs.
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LGHT pfp
LGHT
@lght.eth
programmable social is stickier it feels and will easily incorporate the idea that it enables a farcaster economy, w things you can easily point to that verifies both points but 2. really hits the value prop imo
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Zach pfp
Zach
@zd
Good on you for being willing to admit you were wrong + change your mind in public I like both of these frames, and thing one begets the other By building programmable social, you unlock a budding economy No one else has that - and I think it will be hard for them to catch up
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justin.framedl.eth pfp
justin.framedl.eth
@ahn.eth
have read many variations of point 1 being made over time here, but iirc i think @warpcastadmin.eth was the first one i saw who was framing fc like this
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ilya pfp
ilya
@ilyat
Never used any of those terms when I first mentioned fc to friends. I’d usually describe it as a new social platform where your friends stay connected with you, no matter which platform you move to. It’s small, but the people who use it are really into it, and it creates this amazing space to connect, share, and build something meaningful together. Only later do I dive into the details—how it’s decentralised or about the cool stuff like AI agents, NFTs, tokens, and all that. Wish I had a better phrasing to suggest, but the focus is always on the people, not the tech—that’s what matters most.
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Idan Levin 🎩 pfp
Idan Levin 🎩
@idanlevin
Programmable social is great, economy feels like a good vision / north star but less practical
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shazow pfp
shazow
@shazow.eth
@links has been calling it "community owned social network" I do like the economy framing personally, especially in the literal sense, but I bet the Bluesky/Mastodon-types would hate it.
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Justin Hunter pfp
Justin Hunter
@polluterofminds
1 feels narrow. High volume is possible for the participants, but narrow distribution. Which is maybe ok depending on goals 2 feels like there could be wider distribution *if* enough people care. Devs as an audience is already limiting but maybe it’s wider than framing number 1?
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tomu pfp
tomu
@tomu
both relate to what has happened here so far this year. for me programmable social already implies some form of economic layer as well, i like it
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polymutex pfp
polymutex
@polymutex.eth
Under this framework, which metrics matter, and who are the competitors if any?
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jp 🎩 pfp
jp 🎩
@jpfraneto.eth
i like these framings, and i believe we haven't seen a frame that will arise when people start using different fids for different apps. do i want to be @jpfraneto.eth in all of my interactions with the elements that the farcaster protocol enables? of course not (and im not talking about alts or brand accounts. i refer to client specific fids, which we haven't seen at scale yet - and that would showcase the value of farcaster as a lego block provider to build awesome apps that involve human-to-human or human-to-bot or bot-to-bot interactions)
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Jacob pfp
Jacob
@jrf
@atlas summarize
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Kieran Daniels 🎩 pfp
Kieran Daniels 🎩
@kdaniels.eth
Programmable Social Network is money. “An economy” is way too broad.
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Harry pfp
Harry
@htormey
Love these narratives. I definitely feel theirs room for innovation with both. Regarding number 2, have you guys been looking at what BlueSky offers re APIs. I’m curious how that compares as I haven’t seen many developers building stuff on that.
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Nick pfp
Nick
@nintynick.eth
brilliant. unfortunately nobody wants to buy decentralization (until its too late) and everyone likes to fight about it (myself included)
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