Farcaster

I keep seeing references to Farcaster as socialfi so sharing my clarification

I keep seeing references to Farcaster as socialfi so sharing my clarification

https://x.com/ljxie/status/1833617641187250328?s=46&t=QNlz9swNdb9dxGQvZZJaCw

Co-founder @bountycaster (bountycaster.xyz). Co-producer @ethereumfilm. Previously co-founder of Scalar Capital and product at Coinbase

but what I can’t understand is how Farcaster makes money?

if it is a permissionless social protocol doesn’t it need a tokenized way to monetize network activity at some point

🤔

🎩 first, but I like being part of this experiment that is the Farcaster network. 

Sign up fees, and they probably make money some how some other way.