Network School Acquires Farcaster, Requires Contract for Full Access
Photo: TokenPost
Network School announced Thursday that it acquired Farcaster from Neynar, taking control of the decentralized social network less than nine months after its last sale and introducing a user agreement for full participation. The acquisition covers the Farcaster app, protocol repository and related products. Financial terms were not disclosed. Network School was founded by Balaji Srinivasan. An in-app notice renames the platform Network State Protocol and asks users to accept a “social smart contract” covering its rules. Users who accept receive an access NFT recorded on-chain.
Source: TokenPost
