@anatcrypto.eth

Hola! Today is my first day at Devconnect in BA. In addition to exploring the Ethereum World’s Fair, I will be helping onboard people to Farcaster. And this morning I wrote a text for myself about why I’m doing this at all, and why I’ve focused specifically on Farcaster. Short videos (Reels/Shorts) have consumed almost all attention in the world. And images have become a “gallery,” not the primary object. Twitter remains the home for text. Instagram/TikTok/YouTube — the home for video. And there are almost no platforms where images are the main format. In regular social networks, an image is a trash, devalued format that doesn’t belong to the author. But on Farcaster, every image or post can be an NFT or a digital object that can be bought/sold/collected. And this creates a new “social mechanic”: — collecting posts — owning art — valuing visual content It’s like Instagram in 2012, but with an ownership economy. A photo, AI generation, or a meme with a short sentence is the best packaging for thoughts that doesn’t require reading or watching a video. Historically, people have loved collecting rare things and taking part in speculation. Farcaster combines these two niches, allowing NFTs and memecoins to be embedded into the design of the social network itself and tying this to your social graph. Aesthetic and visual meaning are the key to the future ownership economy built on Farcaster and Ethereum.

2 replies

0 recast

13 reactions