@nybas
🔳 Farcaster vs Base: Who breaks the social narrative first?
Web3 is hunting for a social network that isn’t owned by Big Tech.
🔲 Two players on stage:
▫️ Farcaster - decentralized social protocol
▫️ Base - Coinbase’s L2 with a focus on social mini-apps
And the question is: who drops the token first and takes the narrative?
🔳 Farcaster:
▫️ Open protocol: users own their data & identity
▫️ Frames = interactive apps right inside posts
▫️ Solana + Monad integrations - not locked to one L2, it’s multi-chain with global reach potential
▫️ 1M+ accounts, 100k DAU
▫️ Challenge: still fighting spam, hasn’t proven breakout beyond crypto-natives yet
🔳 Base:
▫️ Backed by Coinbase infra: 10M+ daily txs
▫️ Social primitives at L2 level, Farcaster Frames plugged in
▫️ Huge traffic funnel from Coinbase App (100M+ users)
▫️ But: centralized backing, regulatory pressure, risk of just being “another corporate L2”
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