Pete Madigan
1.5K posts
Pete Madigan
@petertebow
Helping forward-thinking brands connect with culture, collaborate and lead through innovation | Copywriter | A&R
GM Farcaster back tomorrow BUT with a slight time change to accommodate our guest -- @rish_neynar will be joining us to chat about @neynarxyz and its acquisition of @farcaster_xyz! Join @age_shulman and @ProfWerder at noon ET for 29 minutes of Farcaster news and then Rish will join us at 12:30 pm ET for a chat! Join right here on Twitter or in our GMFC mini app. Add the mini app for a notification on Farcaster or the Base App when we go live. See you in the GM!
Given some rumors, wanted to post a few clarifications: Farcaster is not shutting down. The protocol works and will continue to work. There were 250,000 MAU in December and over 100,000 funded wallets. The acquirer, Neynar, is a venture-backed startup and plans to shift Farcaster in a more developer-focused direction. As for Merkle, we’re planning to return the full $180M raised back to investors. Over the last 5 years, we tried to be a good steward of investor capital. Finally, I bought my house with Coinbase IPO proceeds.
Given some rumors, wanted to post a few clarifications: Farcaster is not shutting down. The protocol works and will continue to work. There were 250,000 MAU in December and over 100,000 funded wallets. The acquirer, Neynar, is a venture-backed startup and plans to shift Farcaster in a more developer-focused direction. As for Merkle, we’re planning to return the full $180M raised back to investors. Over the last 5 years, we tried to be a good steward of investor capital. Finally, I bought my house with Coinbase IPO proceeds.
I'm about to do something I think I've never done before, which is assert every bit of whatever authority I have as the person who discovered and wrote down the rules of open source. After ten years of drama and idiocy, lots of people other than me are now willing to say in public that "Codes of Conduct" have been a disaster - a kind of infectious social insanity producing lots of drama and politics and backbiting, and negative useful work. Here is my advice about codes of conduct: 1. Refuse to have one. If your project has one, delete it. The only actual function they have is as a tool in the hands of shit-stirrers. 2. If you're stuck with having one for bureaucratic reasons, replace it with the following sentence or some close equivalent: "If you are more annoying to work with than your contributions justify, you'll be ejected." 3. Attempts to be more specific and elaborate don't work. They only provide control surfaces for shit-stirrers to manipulate. Yes, we should try to be kind to each other. But we should be ruthless and merciless towards people who try to turn "Be kind!" into a weapon. Indulging them never ends well.
I want crypto native, decentralized social to succeed and go mainstream. Working my hardest to do my part helping the team and community get there. If you want to see this vision too, would appreciate you joining, posting, and inviting people to @farcaster_xyz 🙏
Base is beginning to explore a network token We’re in the early phases of exploration, and don’t have any specifics to share around timing, design, or governance. We’re committed to bringing the community along with us, and building in the open.
Gmbm base enjoyers! Today, 400+ builders on base are being brought together in beautiful Vermont 🍁
