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.

brilliant. unfortunately nobody wants to buy decentralization (until its too late) and everyone likes to fight about it (myself included)

Building global interoperable roles @ hatsprotocol.xyz | DAOs are the endgame of crypto

I think it's important if you want to build developer trust long-term.

Challenge is the market does not reward decentralization effort in the short to medium term. And attention spans / opportunity cost of talented people is very much short to medium term.

To be clear: Farcaster is (mostly) decentralized and we will continue to increase this over time.

This is more about "why should I care about Farcaster? what's interesting about it today?"