Farcaster

Investing at cherry.xyz | writing at luc.cx

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.

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.

The open web is dead, long live the open web. ⌐◨-◨

Building /warpcast and /farcaster

— gabrielayuso.com

Yep. But it's a secondary (but important detail) when pitching.

way i see it - if you are centralised eventually attract - extract cycle will take over. thats where & how the incentives are aligned.