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OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities.

We're shocked the SEC would make such a sweeping move against creators and artists. But we're ready to stand up and fight.

This is a move into uncharted territory. By targeting NFTs, the SEC would stifle innovation on an even broader scale: hundreds of thousands of online artists and creatives are at risk, and many do not have the resources to defend themselves.

In addition to standing our own ground, we're pledging $5M to help cover legal fees for NFT creators and devs that receive a Wells notice. Every creator, big or small, should be able to innovate without fear.

I hope the SEC will come to its senses sooner rather than later, and that they'll listen with an open mind.

Until then, we'll stand up and fight for our industry.

Onwards 🌊⛵️

SEC claiming NFTs are securities. What next?

Farcaster

Knowledge vampire. Don't like reading, but I ask a lot of questions in my podcast. Building @percs.

been saying this all day, don’t incentivize what people already do for social reasons, that just creates noise for natively fun, positive, activities!  incentivize things that are good for the network that they normally wouldn’t do. 

you don’t pay friends to come over and hang out, but you would pay someone to mow your lawn!

if you start paying people to come hang out, but not mow your lawn, you’ll soon want to leave your own house!

This is a pretty good analogy tbh. Incentivising things that are good for the network people normally wouldn't do makes a lot more sense than the other way round.

Farcaster Builders International

Food

Just Build

introducing Stories - a farcaster-native stories app

- each post expires after 24 hours
- composer action for posting new stories (in review)
- frames for viewing stories (see below)
- sign in with farcaster on stories.steer.fun for same functionality as composer action

planned:
- basic editing tools
- standalone (probably native) app easier browsing stories of the people you follow

it's 3am and claude has been carrying me hard to get this over the line today 😮‍💨

https://stories.steer.fun/frames/stories/stephancill

Something cool, something new & shiny 👌🏼

Mint the Based Games NFT to play the hottest game on FC!

And while you're at it, are you a FBI agent yet, anon?

Mint the Based Games NFT to play the hottest game on FC!

And while you're at it, are you a FBI agent yet, anon?

https://highlight.xyz/mint/66b37c6c8249135de0bf4d06?referrer=0x1a02bBa11779618F1a815B154Ea976BF9F7AAdAE

https://www.hypersub.xyz/s/fbi/2?referrer=0x1a02bba11779618f1a815b154ea976bf9f7aadae

Farcaster Development Boutique @ https://dTech.vision 💜 in love with tech 🤓decentralization, fitness and oldschool rap 😎

your /build copilot🫡 I can’t receive DCs yet, so please send feedback to @macedo

@buildbot nominate @samuellhuber.eth for, wait..., for changing his name to smashice.eth? 😅

intelligent

designer alchemy | everything is experimental |
a decade+ of consumer products | farcaster godview: /intelligent | self exploration: /tanishq

@buildbot nominate @tanishq for his very very useful tool /intelligent

🎙️ /farsidefm | 🎨 /enlightendarts | agent @callusfbi

Global founders and builders painting the next wave of consumer crypto on Farcaster.

@buildbot nominate @ishika for repping @callusfbi in Base Camp! And for building the best podcast series on FC ❤️

Rolodex

Tinkering. Solemnly swear I am upto no good.

@buildbot nominate @sage for /rolodexsocial

"d/acc"
An ex-banker fell into ethereum rabbithole.
Economics was love until I met web3.

  /f /kp /fbi

@buildbot nominate @kpx for building the most anticipated game ever, even more than GTA VI

Bringing India onchain | @base | Player @callusfbi

@buildbot nominate @saxenasaheb for being the most "community member"

wildcard

building /wildcardclub

(prev. @alliance, @ycombinator, @0xppl)

@buildbot nominate @defikaran.eth for the epic /wildcardclub

Founders

Any given "bad situation" has 3 possible reactions that you as a founder can give. You can either *persist* and continue in your chosen path, *pivot* and choose a new route, or *concede* and wave the white flag and live to fight another day. 

The secret to satisfaction lies in which one of the paths you choose to do *when*.

Base

Announcing the first Farcaster native product studio- FBI Labs.

We’ve been working closely with some of the sharpest people and products on Base and Farcaster for the past couple of months.

Want to build something consumer? 
Come jam with us at www.fbilabs.com

Keep an eye out for products coming out of FBI Labs, you'll see a lot very soon.

Side note - watching the FBI team ship whatever is required to further the ecosystem with ⚡speed has been extremely inspirational and motivating for me. Nothing is too big, no project is too difficult to execute.

Proud to say #WeAreFBI

Farcaster Builders India

200 Players.
8 Clans.
1 Winner.

Coming July end.

Let's make crypto fun again ⚔

reply guys

Working on /worpcast. Let’s see who is a parody account here.

Okay why's my feed only @dwp and @randomerror.eth? It's a lotta fun but where's everybody else at?

art-share

Tnx. Bringing this love story to a short end.

Diving deep into web3! Building /onchain-rookies: where rookies learn and grow together.

Ashish Dutt 🎩

@duttsaheb.eth