#networkschool
networkschool
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🧭 Decentralized social media changes hands again: Will Farcaster become freer, or more strictly governed?
On October 15, Network School, founded by Balaji Srinivasan, took over Farcaster’s app, protocol codebase, and related products from Neynar. The deal amount was not disclosed. This is the second time Farcaster has changed hands this year (Neynar took over from Merkle Manufactory in January).
📌 Key changes:
• The platform will be renamed “Network State Protocol,” with the goal of building opt-in digital communities
• Users will need to sign an on-chain “social smart contract” to receive an access NFT; those who decline will retain read-only access
• The accompanying “Network Code” divides violations into digital felonies, misdemeanors, and infractions, with penalties ranging from warnings and suspensions to permanent muting
• The plan is to moderate content using open-source, weighted AI models, and gradually introduce human verification
• The underlying protocol will remain open. Users who decline to sign can keep their keys, follows, and content history, and migrate to other clients
⚠️ Controversy: On the day of the takeover, some users reported that they had been restricted to read-only access because of old posts, prompting the community to question whether this runs counter to the spirit of decentralized social media.
📊 Market impact:
This is more about the social and governance narrative than a direct catalyst for prices. But it’s a reminder that the operation and rules of a decentralized app’s “front end” may be more centralized than the protocol itself.
ETH is currently around 2408 USDT, with a high of about 2725 and a recent low of about 2318 over the past two weeks. Watch the 2318–2330 support zone, with resistance near 2500.
💬 If a decentralized social platform you use regularly required you to accept new rules, would you stay or switch to another client?
👉 Trade ETH: https://www.binance.com/zh-CN/trade/ETH_USDT
#Farcaster被NetworkSchool收购 #ETH #去中心化社交 #NetworkSchool
⚠️ The above is not investment advice. Please be aware of the risks.
🧭 Decentralized social media changes hands again: Will Farcaster become freer, or more strictly governed?
On October 15, Network School, founded by Balaji Srinivasan, took over Farcaster’s app, protocol codebase, and related products from Neynar. The deal amount was not disclosed. This is the second time Farcaster has changed hands this year (Neynar took over from Merkle Manufactory in January).
📌 Key changes:
• The platform will be renamed “Network State Protocol,” with the goal of building opt-in digital communities
• Users will need to sign an on-chain “social smart contract” to receive an access NFT; those who decline will retain read-only access
• The accompanying “Network Code” divides violations into digital felonies, misdemeanors, and infractions, with penalties ranging from warnings and suspensions to permanent muting
• The plan is to moderate content using open-source, weighted AI models, and gradually introduce human verification
• The underlying protocol will remain open. Users who decline to sign can keep their keys, follows, and content history, and migrate to other clients
⚠️ Controversy: On the day of the takeover, some users reported that they had been restricted to read-only access because of old posts, prompting the community to question whether this runs counter to the spirit of decentralized social media.
📊 Market impact:
This is more about the social and governance narrative than a direct catalyst for prices. But it’s a reminder that the operation and rules of a decentralized app’s “front end” may be more centralized than the protocol itself.
ETH is currently around 2408 USDT, with a high of about 2725 and a recent low of about 2318 over the past two weeks. Watch the 2318–2330 support zone, with resistance near 2500.
💬 If a decentralized social platform you use regularly required you to accept new rules, would you stay or switch to another client?
👉 Trade ETH: https://www.binance.com/zh-CN/trade/ETH_USDT
#Farcaster被NetworkSchool收购 #ETH #去中心化社交 #NetworkSchool
⚠️ The above is not investment advice. Please be aware of the risks.
On October 15, Network School, founded by Balaji Srinivasan, took over Farcaster’s app, protocol codebase, and related products from Neynar. The deal amount was not disclosed. This is the second time Farcaster has changed hands this year (Neynar took over from Merkle Manufactory in January).
📌 Key changes:
• The platform will be renamed “Network State Protocol,” with the goal of building opt-in digital communities
• Users will need to sign an on-chain “social smart contract” to receive an access NFT; those who decline will retain read-only access
• The accompanying “Network Code” divides violations into digital felonies, misdemeanors, and infractions, with penalties ranging from warnings and suspensions to permanent muting
• The plan is to moderate content using open-source, weighted AI models, and gradually introduce human verification
• The underlying protocol will remain open. Users who decline to sign can keep their keys, follows, and content history, and migrate to other clients
⚠️ Controversy: On the day of the takeover, some users reported that they had been restricted to read-only access because of old posts, prompting the community to question whether this runs counter to the spirit of decentralized social media.
📊 Market impact:
This is more about the social and governance narrative than a direct catalyst for prices. But it’s a reminder that the operation and rules of a decentralized app’s “front end” may be more centralized than the protocol itself.
ETH is currently around 2408 USDT, with a high of about 2725 and a recent low of about 2318 over the past two weeks. Watch the 2318–2330 support zone, with resistance near 2500.
💬 If a decentralized social platform you use regularly required you to accept new rules, would you stay or switch to another client?
👉 Trade ETH: https://www.binance.com/zh-CN/trade/ETH_USDT
#Farcaster被NetworkSchool收购 #ETH #去中心化社交 #NetworkSchool
⚠️ The above is not investment advice. Please be aware of the risks.
71
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GM, crypto fam, looks like someone's decentralized utopia just got shut down. The Malaysian government revoked Network School's license, so Balaji Srinivasan's digital nomad commune is getting kicked to the curb, effective July 22.
THE ALPHA
#NetworkSchool is just the latest casualty of overhyped 'degrowth' promises, reminding us that decentralization isn't always a free pass to do whatever you want
#DecentralizationIsn'tFreedom
#CryptoCaveats
THE PUNCHLINE INSIGHT
Guess who doesn't need a centralized license to thrive? Your favorite decentralized applications on Binance Smart Chain, of course
P.S. which ones are you building next?
ENGAGEMENT BAIT
So, what's your take: will decentralized projects learn from Network School's mistakes or keep chasing rainbows? Share your thoughts in the comments!
GM, crypto fam, looks like someone's decentralized utopia just got shut down. The Malaysian government revoked Network School's license, so Balaji Srinivasan's digital nomad commune is getting kicked to the curb, effective July 22.
THE ALPHA
#NetworkSchool is just the latest casualty of overhyped 'degrowth' promises, reminding us that decentralization isn't always a free pass to do whatever you want
#DecentralizationIsn'tFreedom
#CryptoCaveats
THE PUNCHLINE INSIGHT
Guess who doesn't need a centralized license to thrive? Your favorite decentralized applications on Binance Smart Chain, of course
P.S. which ones are you building next?
ENGAGEMENT BAIT
So, what's your take: will decentralized projects learn from Network School's mistakes or keep chasing rainbows? Share your thoughts in the comments!
THE ALPHA
#NetworkSchool is just the latest casualty of overhyped 'degrowth' promises, reminding us that decentralization isn't always a free pass to do whatever you want
#DecentralizationIsn'tFreedom
#CryptoCaveats
THE PUNCHLINE INSIGHT
Guess who doesn't need a centralized license to thrive? Your favorite decentralized applications on Binance Smart Chain, of course
P.S. which ones are you building next?
ENGAGEMENT BAIT
So, what's your take: will decentralized projects learn from Network School's mistakes or keep chasing rainbows? Share your thoughts in the comments!
11
🇰🇿 Kazakhstan has taken another important step in the Web3 space.
The former CTO of Coinbase opens a Network School campus in Kazakhstan. This initiative brings together crypto entrepreneurs, developers, and investors on one platform to foster the development of Web3 startups.
Most importantly, the Kazakhstan authorities have signed the relevant memorandum for this initiative.
What does this mean?
✅ The growth of the Web3 ecosystem will accelerate.
✅ New startups and investment opportunities will increase.
✅ Kazakhstan is one step closer to becoming the crypto and blockchain hub of Central Asia.
The crypto industry is developing rapidly in our country. And those who prepare early will be the first to take advantage of new opportunities. 🚀
#Kazakhstan #CryptoPatience #web3_binance 3 #blockchains #NetworkSchool #Инвестиция
🇰🇿 Kazakhstan has taken another important step in the Web3 space.
The former CTO of Coinbase opens a Network School campus in Kazakhstan. This initiative brings together crypto entrepreneurs, developers, and investors on one platform to foster the development of Web3 startups.
Most importantly, the Kazakhstan authorities have signed the relevant memorandum for this initiative.
What does this mean?
✅ The growth of the Web3 ecosystem will accelerate.
✅ New startups and investment opportunities will increase.
✅ Kazakhstan is one step closer to becoming the crypto and blockchain hub of Central Asia.
The crypto industry is developing rapidly in our country. And those who prepare early will be the first to take advantage of new opportunities. 🚀
#Kazakhstan #CryptoPatience #web3_binance 3 #blockchains #NetworkSchool #Инвестиция
The former CTO of Coinbase opens a Network School campus in Kazakhstan. This initiative brings together crypto entrepreneurs, developers, and investors on one platform to foster the development of Web3 startups.
Most importantly, the Kazakhstan authorities have signed the relevant memorandum for this initiative.
What does this mean?
✅ The growth of the Web3 ecosystem will accelerate.
✅ New startups and investment opportunities will increase.
✅ Kazakhstan is one step closer to becoming the crypto and blockchain hub of Central Asia.
The crypto industry is developing rapidly in our country. And those who prepare early will be the first to take advantage of new opportunities. 🚀
#Kazakhstan #CryptoPatience #web3_binance 3 #blockchains #NetworkSchool #Инвестиция
63
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Many of Malaysia’s technology policies have largely followed Singapore’s lead. Officially, they don’t admit it, but Malaysian private-sector institutions and local governments in various states have long treated the qualification requirements businesses achieve in Singapore as a benchmark.
After Singapore began formally and strictly enforcing the mandatory compliance rules for Digital Token Service Providers (DTSPs) targeting the crypto industry on June 30, 2025, it is already possible to anticipate Malaysia’s policy direction toward the crypto sector. The seizure and expulsion of Network School from Johor’s Forest City was not solely due to an Israeli visa issue. Israelis enter Malaysia holding passports from other countries—not exactly a new thing—so why single out Network School?
If you’re a crypto company or team that moved from Singapore to Kuala Lumpur last year, it’s necessary to do a thorough study.
#NetworkSchool
#BalajiSrinivasan
Many of Malaysia’s technology policies have largely followed Singapore’s lead. Officially, they don’t admit it, but Malaysian private-sector institutions and local governments in various states have long treated the qualification requirements businesses achieve in Singapore as a benchmark.
After Singapore began formally and strictly enforcing the mandatory compliance rules for Digital Token Service Providers (DTSPs) targeting the crypto industry on June 30, 2025, it is already possible to anticipate Malaysia’s policy direction toward the crypto sector. The seizure and expulsion of Network School from Johor’s Forest City was not solely due to an Israeli visa issue. Israelis enter Malaysia holding passports from other countries—not exactly a new thing—so why single out Network School?
If you’re a crypto company or team that moved from Singapore to Kuala Lumpur last year, it’s necessary to do a thorough study.
#NetworkSchool
#BalajiSrinivasan
After Singapore began formally and strictly enforcing the mandatory compliance rules for Digital Token Service Providers (DTSPs) targeting the crypto industry on June 30, 2025, it is already possible to anticipate Malaysia’s policy direction toward the crypto sector. The seizure and expulsion of Network School from Johor’s Forest City was not solely due to an Israeli visa issue. Israelis enter Malaysia holding passports from other countries—not exactly a new thing—so why single out Network School?
If you’re a crypto company or team that moved from Singapore to Kuala Lumpur last year, it’s necessary to do a thorough study.
#NetworkSchool
#BalajiSrinivasan
深潮 TechFlow
·
--
Deep Tide TechFlow updates: On July 21, Reuters reported that the Johor state government in Malaysia has revoked the business license of Network School, a digital nomad community founded by U.S. investor and former Coinbase CTO Balaji Srinivasan, and ordered it to cease all operations in Forest City starting July 22. The project had previously been investigated after social media accused it of helping Israeli citizens enter Malaysia, but after immigration authorities inspected the relevant members, they said the individuals held valid travel documents. The Johor state government said the decision to revoke the license was made based on the inspection report, enforcement results, and the company’s statements.
1.2k
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Farcaster changes hands again: Balaji takes over; no contract, read-onlyFarcaster has changed hands for the second time this year. Neynar took over Farcaster from Merkle Manufactory in January, and less than nine months later, it has transferred the app, protocol repository, and related products to Balaji Srinivasan’s Network School. The amount was not disclosed.
Rish’s comments, in essence, were that the next phase requires a different operating model. He and Manan are leaving, while the rest of Neynar’s employees will join Network School and continue working on it.
The in-app message puts it more plainly: Farcaster is becoming the Network State Protocol, aiming to “print” voluntary digital communities into the physical world. Users must first accept or reject a “social smart contract.” Those who agree get an on-chain access NFT; those who decline can only read on the main app, while their keys, funds, followers, and posts move to other clients. They also plan to add human verification to cut down on bots. So-called digital felonies include hate speech, fraud, stalking, and passing off AI-generated content as your own.
Farcaster changes hands again: Balaji takes over; no contract, read-only
Farcaster has changed hands for the second time this year. Neynar took over Farcaster from Merkle Manufactory in January, and less than nine months later, it has transferred the app, protocol repository, and related products to Balaji Srinivasan’s Network School. The amount was not disclosed.
Rish’s comments, in essence, were that the next phase requires a different operating model. He and Manan are leaving, while the rest of Neynar’s employees will join Network School and continue working on it.
The in-app message puts it more plainly: Farcaster is becoming the Network State Protocol, aiming to “print” voluntary digital communities into the physical world. Users must first accept or reject a “social smart contract.” Those who agree get an on-chain access NFT; those who decline can only read on the main app, while their keys, funds, followers, and posts move to other clients. They also plan to add human verification to cut down on bots. So-called digital felonies include hate speech, fraud, stalking, and passing off AI-generated content as your own.
Rish’s comments, in essence, were that the next phase requires a different operating model. He and Manan are leaving, while the rest of Neynar’s employees will join Network School and continue working on it.
The in-app message puts it more plainly: Farcaster is becoming the Network State Protocol, aiming to “print” voluntary digital communities into the physical world. Users must first accept or reject a “social smart contract.” Those who agree get an on-chain access NFT; those who decline can only read on the main app, while their keys, funds, followers, and posts move to other clients. They also plan to add human verification to cut down on bots. So-called digital felonies include hate speech, fraud, stalking, and passing off AI-generated content as your own.
29
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HOT NEWS BREAKTHROUGH: Balaji Srinivasan’s "Network School" Gets "RAIDED" in Malaysia, Revealing a New, Highly Unexpected Destination in Central Asia!
The crypto community is buzzing with information that Balaji Srinivasan, a renowned figure in the tech and crypto world, has had to "change course" for his Network School project. What’s really going on?
⚡️ Here are the key points you need to know:
* **Relocating:** Balaji Srinivasan’s pioneering Network School tech community is urgently searching for a new, promising headquarters in Kazakhstan.
* **Pressure from Malaysia:** This move comes after the Malaysian government increased oversight and accused Network School of showing signs of violating licensing regulations.
* **New Opportunity:** A strategic agreement has just been signed, opening the door for Balaji’s community to build a new technology and education development center in this Central Asian country.
**Personal Takeaway:**
Balaji’s move isn’t just a geographical update—it’s also a warning bell about legal risks for innovation models, especially decentralized education. It highlights the importance of choosing a "promised land" with a clear, friendly legal framework so tech projects can grow sustainably. For the crypto market, this underscores the need for flexible adaptability to different legal environments and may signal that Kazakhstan is emerging as a new attractive destination for blockchain and high-tech projects.
What do you think about Balaji’s move? Could Kazakhstan become the new "holy land" for innovative projects? Share your thoughts in the comments!
Don’t forget to click **Follow** so you don’t miss the latest hot news and my in-depth analysis!
#CryptoNews #TrendingNews #BalajiSrinivasan #NetworkSchool #Kazakhstan
HOT NEWS BREAKTHROUGH: Balaji Srinivasan’s "Network School" Gets "RAIDED" in Malaysia, Revealing a New, Highly Unexpected Destination in Central Asia!
The crypto community is buzzing with information that Balaji Srinivasan, a renowned figure in the tech and crypto world, has had to "change course" for his Network School project. What’s really going on?
⚡️ Here are the key points you need to know:
* **Relocating:** Balaji Srinivasan’s pioneering Network School tech community is urgently searching for a new, promising headquarters in Kazakhstan.
* **Pressure from Malaysia:** This move comes after the Malaysian government increased oversight and accused Network School of showing signs of violating licensing regulations.
* **New Opportunity:** A strategic agreement has just been signed, opening the door for Balaji’s community to build a new technology and education development center in this Central Asian country.
**Personal Takeaway:**
Balaji’s move isn’t just a geographical update—it’s also a warning bell about legal risks for innovation models, especially decentralized education. It highlights the importance of choosing a "promised land" with a clear, friendly legal framework so tech projects can grow sustainably. For the crypto market, this underscores the need for flexible adaptability to different legal environments and may signal that Kazakhstan is emerging as a new attractive destination for blockchain and high-tech projects.
What do you think about Balaji’s move? Could Kazakhstan become the new "holy land" for innovative projects? Share your thoughts in the comments!
Don’t forget to click **Follow** so you don’t miss the latest hot news and my in-depth analysis!
#CryptoNews #TrendingNews #BalajiSrinivasan #NetworkSchool #Kazakhstan
The crypto community is buzzing with information that Balaji Srinivasan, a renowned figure in the tech and crypto world, has had to "change course" for his Network School project. What’s really going on?
⚡️ Here are the key points you need to know:
* **Relocating:** Balaji Srinivasan’s pioneering Network School tech community is urgently searching for a new, promising headquarters in Kazakhstan.
* **Pressure from Malaysia:** This move comes after the Malaysian government increased oversight and accused Network School of showing signs of violating licensing regulations.
* **New Opportunity:** A strategic agreement has just been signed, opening the door for Balaji’s community to build a new technology and education development center in this Central Asian country.
**Personal Takeaway:**
Balaji’s move isn’t just a geographical update—it’s also a warning bell about legal risks for innovation models, especially decentralized education. It highlights the importance of choosing a "promised land" with a clear, friendly legal framework so tech projects can grow sustainably. For the crypto market, this underscores the need for flexible adaptability to different legal environments and may signal that Kazakhstan is emerging as a new attractive destination for blockchain and high-tech projects.
What do you think about Balaji’s move? Could Kazakhstan become the new "holy land" for innovative projects? Share your thoughts in the comments!
Don’t forget to click **Follow** so you don’t miss the latest hot news and my in-depth analysis!
#CryptoNews #TrendingNews #BalajiSrinivasan #NetworkSchool #Kazakhstan
28
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