Web 3 Series: Building a Decentralized Social Network with Dan Romero of Farcaster

Dan Romero (@dwr) of Farcaster joins Erik on this episode. Takeaways: - Dan says that his first love was information. He loved RSS and the goal with Farcaster is to improve RSS enough so that it can compete with Twitter. - He aims to grow Farcaster large enough so that developers can innovate using their API and data permissionlessly. - Any developer can build whatever they want on Farcaster — features are not limited to what the core team wants to see built. - Eugene Wei’s Status as a Service theory is correct in Dan’s opinion. - They doubled down on the client and having a polished UX at Farcaster. Dan says that the platform is only as good as the number of people using it. The client helps grow the user base. - Dan believes in first principles thinking when it comes to product decisions. He strongly believes that the average user is not going to spend money to take action on a social network. - According to Tim Wu’s The Master Switch, all major communication technologies typically start out decentralized and become more centralized over time because centralization has tended to provide a superior consumer experience. Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal. Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup