Farcaster and other blockchain based social networks solve the problems inherent to existing, corporate social media platforms- 
Difficultly balancing free speech and censorship, prioritizing corporate interests over those of their users, and not allowing the creators who are generating all the value for these platforms to own their audience or their content.

When users own their identity and social graph, social network lock in goes away, so apps (like warpcast) have to work harder to retain users.

Decentralized social networks like Farcaster empower users by giving them control over their data and content. This shift challenges traditional platforms to prioritize user interests and engagement, ultimately driving innovation in the social media landscape. 