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Oct 15, 2026

Network School acquires Farcaster from Neynar, rebrands as Network State Protocol

Balaji Srinivasan's Network School acquired decentralized social platform Farcaster from Neynar on October 15, 2026, rebranding it as Network State Protocol and introducing a new 'social smart contract' that requires users to accept conduct rules or lose posting privileges.

Oct 15, 2026·3 sources
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Top claims

  • ▪The Network State Protocol social smart contract classifies hate speech, death threats, scams, repeated fighting, stalking, and unlabelled AI content as bannable digital felonies.
  • ▪Under Neynar's ownership, Farcaster adopted a developer-focused strategy emphasizing tools for builders after struggling to sustain original user growth.
  • ▪Neynar co-founders Rish and Manan will step down following the Farcaster transfer while other Neynar employees join Network School.

People involved

Balaji Srinivasan

Subtopics

Blockchain governance1Content moderation1

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