On July 21, 2026, the American venture capitalist Balaji Srinivasan took to X to announce a signed memorandum of understanding between himself and the Republic of Kazakhstan. Soon the city of Astana, ...

Farcaster acquired by Balaji’s Network School, with new 'social smart contract' for users Decentralized social network Farcaster is changing hands for the second time this year, and its new owner is asking users to accept rules governing their posts or lose the ability to participate. Balaji Srinivasan's Network School acquired Farcaster from Neynar, which took over the platform from its original developer, Merkle Manufactory, in January. Financial terms have not yet been released. Neynar co-founder Rish said Thursday that the company is transferring the "Farcaster app, protocol repositories and related products" to Network School after considering several other offers. "Farcaster needs a different operating model for its next stage," he wrote. Rish and fellow co-founder Manan will move on, while other Neynar employees will join Network School to continue developing Farcaster. Neynar's January acquisition also included token launchpad Clanker. Rish's announcement did not mention what will happen to Clanker, but GM Farcaster hosts Adrienne and NourishProf said on a Thursday stream that Rish was considering "breaking Clanker apart and looking for a different acquirer." Farcaster becomes the 'Network State Protocol' An in-app announcement says Farcaster is becoming the "Network State Protocol," which says it wants to "build a network of opt-in digital societies which ultimately gets printed out in the physical world." Users are then prompted with a choice to accept or decline a "social smart contract," agreeing to follow the app's new rules. Users who opt in get an access NFT confirming their choice onchain. Bannable offenses, which it calls "digital felonies," include hate speech, death threats, scams, repeatedly starting fights, stalking users, and passing off AI-generated content as your own, among others. Users who wish to decline the contract will get read-only access through the main app. Their keys, funds, followers, and post history will then get moved to another client. The new app also plans to require users to verify they are human to cut back on bot activity. Several users on X have already reported being banned over posts they made about Elon Musk, Flock cameras, and "gay appreciation" that were at least three months old. Ref: https://paykalken.com #Farcaster #BalajiSrinivasan #NetworkSchool #NetworkState #Neynar #DecentralizedSocial #SocialFi #SmartContracts #Web3 #CryptoNews Farcaster acquired by Balaji’s Network School, with new 'social smart contract' for users

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Technology has enabled us to start new companies, new communities, and new currencies. But can we use it to start new cities, or even new countries? This book explains how to build the successor to th...

Welcome to The Daily Wrap Up, an in-depth investigatory show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (9/28/26).

Project Alphistia would pursue the creation of a network commonwealth in opposition to the tech oligarch efforts to establish authoritarian societies called Network States.

As the public face of Silicon Valley secessionism, Srinivasan’s Network State Conference seemed like a prime window into the techno-capitalist frontier.

Covenant to open factories in US, Germany and Israel as it looks to disrupt market for long-range weapons

OpenAI’s latest agent swarm incident adds urgency to calls for independent investigations as researchers and lawmakers question whether AI labs should control the scope of their own safety reviews.