Alliance Co-Creation: Decentralized Social Graph is not Farcaster's core value, social trading or direction to attract users

Comparing news, Alliance co-founder Imran wrote on the X platform that Farcaster is a good infrastructure and application experiment, but the decentralized social graph itself is not enough to attract users away from traditional social platforms such as X.

He believes that the direction that really deserves attention is social trading, which integrates new token discovery, speculative trading, and PnL reputation into a closed loop of native products. Currently, this model is difficult to replicate by traditional social platforms such as X and Instagram. Furthermore, Imran summarized this product evolution path as MetaMask → Phantom → Farcaster → Moonshot → Vector → Fomo/Pump, believing that each generation of products further reveals the needs that crypto users really care about.

Earlier, Neynar co-founder Rish Mukherji wrote on the X platform that the team has initiated procedures to find new ownership or operation teams for Farcaster, Clanker, and Neynar.