Network School acquires Farcaster from Neynar, rebrands it as Network State Protocol
- —Network School buys Farcaster from Neynar — second ownership change in nine months
- —Platform to be rebranded Network State Protocol with AI moderation and proof-of-humanity
- —Underlying protocol stays open and permissionless, but the main client moves to a moderated environment
- —Existing users vote on new operational models; those who opt in receive an onchain NFT
Why it matters: The ownership change and shift to a moderated, AI-policed model reshape the positioning of a leading decentralized social platform.
Source: Crypto Briefing