Overview
- Network School led by Balaji Srinivasan acquired Farcaster from Neynar on October 15 and immediately renamed the main application the Network State Protocol.
- The buyer introduced a social smart contract called the Network Code that users must accept to post in the main client and will issue onchain access NFTs to those who opt in.
- Network School says humans and AI reviewed millions of posts to enforce the new rules and began restricting some accounts to read‑only for past violations, and it has opened an appeals process.
- Farcaster’s underlying protocol remains open and permissionless so users keep private keys, followers and history and can move to alternative clients if they refuse the Network Code.
- Neynar co‑founders Rish and Manan are leaving, Clanker’s future is unresolved, and Network School plans in‑person gatherings and a Kazakhstan campus as part of its push to build disciplined networked communities.