a16z Crypto Partner: Early-stage projects need to have clear stakeholder groups, and Farcaster has an advantage in user diversity

2024-09-17 14:36

BlockBeats news, on September 17, Jane Lippencott, partner of a16z Crypto, attended the FarCon Asia, the first large-scale offline Farcaster ecosystem event in Asia, and spoke at the roundtable on the theme of "Building a Decentralized Social Network - Opportunities and Challenges":


For early projects, a united community may be needed to gain initial traction, and the quality of the community's content is also very important. Only when a project has very clear stakeholders in this field, and their connections are coherent and high-quality, will the project have a stronger sense of attachment and higher usage.


I personally think that user diversity is very important. Looking at what Twitter has achieved, you will find that they have the potential for user diversity. I agree that users don't necessarily care whether they own their own data, but I think if user data is owned by a network and can be accessed through different client experiences, then users can get a lot of benefits. I think what's more important is the experience that any developer can build using the network. The Farcaster ecosystem is doing very well.

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