Fallacies in building decentralized social protocols / platforms in crypto:

1. It has to be financialized.
2. Everything should be onchain.
3. The protocol should avoid having an official client.
4. Verifying a user as human makes them interesting and valuable.
5. It must work with all existing standards and other protocols.
6. Funding developers proactively and directly is the key to growth.
7. Most users care about how decentralized it is, whether it's open source and generally esoteric hypotheticals about the future.

What most users care about: is it interesting to use right now?

What most developers care about: 1) are there valuable users and 2) can I build something that gets access to said users, i.e. decent enough APIs

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

There's more nuance to all of the above, but the 7 points above have all been criticism of Farcaster at one point or another.

That's not to say you can't iterate and work towards some of the above. But focus on building for users (and most importantly, getting them to stick around) and then developers is rare.