Kiwi News: handpicked crypto news for builders

Network School is acquiring Farcaster. We’re transferring the Farcaster app, the protocol repositories, and related products to Network School. We ran a broad process and received several strong proposals. Farcaster needs a different operating model for its next stage. Network School has the resources to fund Farcaster, and its broader suite of products, with a strong vision for how Farcaster can be a digital complement to physical network states. Balaji will share more on this. Most of the Neynar team will be joining Network School to continue building Farcaster (incl. @farcaster intern). After four years - Manan, I and other team members will be moving on to something new. Thank you to everyone who built alongside us!

THE FARCASTER PRIZE With 10,000+ votes counted, we're at 94.4% support for the new Network School Farcaster. Dylan put together a great visualization of this first decentralized digital democratic election. In his post below, you can see the provable, onchain, cryptographically verifiable votes streaming in for the new social smart contract. As a thank you, Dylan is the first recipient of a Farcaster Prize for positive-sum behavior on the platform. We've awarded $1024 to dylanb.eth via Base at the public address he listed[1,2]. Importantly, we're going to make systematic use of prizes to fund public digital infrastructure on Farcaster. This will be how we bootstrap a true cryptoeconomy. Because once we can get useful digital work done here for the core platform, we can bring many digital employers to Farcaster. And we have plenty of capital allocated for the bootstrapping phase. So: go read the developer docs (docs.farcaster.xyz/developers), and you can be the next Dylan. More to follow soon, and congratulations to dylanb.eth! [1,2]: See reply for proof-of-payment to dylanb.eth's public Base address.