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Farcaster started development in 2020 and officially launched in 2022, but crypto-native social networks still face challenges in achieving substantial growth. While innovative features like “Frames” promote interaction, Farcaster struggles with limited resources and a lack of a native token, hindering its potential. Without successfully incentivizing participation, we've seen projects turning to community-led tokens, but lack long-term sustainability. Exploring concepts from crypto’s past may offer the breakthrough needed for impactful growth, emphasizes @especulacion.
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