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Network School acquires Farcaster from Neynar, rebrands it as Network State Protocol

Image: Crypto Briefing

Balaji Srinivasan's Network School is taking over the decentralized social platform and adding AI moderation and proof-of-humanity checks Farcaster is changing hands again. Network School, the initiative led by former Coinbase CTO Balaji Srinivasan, announced on October 15, 2026 that it is acquiring the decentralized social platform from Neynar. That makes it the second ownership change for Farcaster in roughly nine months. The platform will not keep its name. Under Network School, Farcaster is set to be rebranded as the Network State Protocol . It will also gain a new rulebook built around AI moderation, proof of humanity, and a code of conduct modeled on Singapore. The underlying protocol is expected to stay open and permissionless. Anyone can still build on it without asking for approval.

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