Network School, founded by Balaji Srinivasan, has acquired Farcaster from Neynar and rebranded it as the Network State Protocol, and several users' accounts were then set to read-only over past posts that break the new rules. Srinivasan says the aim is to make the app “the Singapore of social media,” a community of techno-optimists under a shared code of conduct, with posts reviewed by humans and AI and an appeals process available. The Network Code classifies violations as digital felonies, misdemeanors or infractions, with penalties from warnings to bans, and applies to past posts. Users who decline the contract keep their keys, funds and followers but only get read-only access. Critics say the bans go against the ethos of decentralized social media, while co-founder Dan Romero reported 250,000 monthly active users in December 2025.
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