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The story of Farcaster, the Web3 social protocol, has opened a new chapter. Farcaster co-founder Dan Romero announced a major decision — Neynar will acquire and take full control of Farcaster's operations.
In the coming weeks, Farcaster's protocol contracts, code repositories, official applications, and core components like Clanker will gradually be transferred to Neynar. What does this mean? Neynar will be responsible for protocol iterations, code maintenance, developer communication, and will also take on the responsibility of infrastructure operations.
From another perspective, this acquisition somewhat reflects the current state of the social protocol track — building infrastructure and operational costs are significant, and finding a professional partner to take over can allow the protocol to focus on ecosystem development. As the main provider of Farcaster infrastructure, Neynar's upgrade and takeover is a natural progression.