---
title: 'Network School Acquires Farcaster, Requires Users to Sign a Social Contract'
url: >-
  https://www.cryptocatalyst.news/articles/2026-10-18-network-school-acquires-farcaster-requires-users-to-sign-a-social-contract
canonical: >-
  https://www.cryptocatalyst.news/articles/2026-10-18-network-school-acquires-farcaster-requires-users-to-sign-a-social-contract
date: '2026-10-18T12:06:50.342849+00:00'
category: web3
tags:
  - farcaster
  - network-school
  - social-media
  - ownership
  - smart-contract
source: The Block
source_url: >-
  https://www.theblock.co/news/ecosystems/2026-10-15-network-school-acquires-farcaster-from-neynar-418720
publisher: CryptoCatalyst
summary: >-
  Balaji Srinivasan’s Network School acquired Farcaster from Neynar. Users who
  do not sign a new social smart contract will lose posting access.
image: >-
  https://www.cryptocatalyst.news/images/articles/2026-10-18-network-school-acquires-farcaster-requires-users-to-sign-a-social-contract.webp
generated_by: automated editorial pipeline
---
# Network School Acquires Farcaster, Requires Users to Sign a Social Contract

Balaji Srinivasan’s Network School has acquired Farcaster from Neynar and is introducing a “social smart contract” that users must sign to keep participating. Those who decline will be limited to read-only access, so they can view posts but not actively use the platform.

## Key takeaways

- Balaji Srinivasan’s Network School acquired Farcaster from Neynar.
- Farcaster users must sign a new “social smart contract” to retain posting access.
- Users who do not sign will be limited to read-only access.
- The reported details do not specify the contract’s terms or a signing deadline.

Balaji Srinivasan’s Network School has acquired Farcaster from Neynar, and the change comes with a new condition for users: sign a “social smart contract” or lose the ability to post. Users who do not sign will retain read-only access, meaning they can view content but cannot participate normally.

The announcement makes the contract a choice with a clear consequence, but the available details do not explain its terms or what signing commits users to. That makes the contract itself—not just the ownership change—the key issue for Farcaster users to understand.

## What changes for Farcaster users?

Farcaster users who sign the contract can continue using the platform with posting access. Those who refuse are not described as being removed entirely; they will be able to read, but not post.

That distinction matters for people who use Farcaster to publish or join conversations: read-only access preserves access to the feed, but removes the ability to contribute. Before signing, users should review the contract’s actual wording and any information the platform provides about how it affects their account.

## What should users look for next?

The report does not give a deadline for signing or spell out the contract’s provisions. The practical next step is to check Farcaster’s own notices for the full terms, when the requirement takes effect, and whether users have any options beyond signing or switching to read-only access.

This is more than a change in ownership: it ties an account’s ability to publish to acceptance of a new agreement. For Farcaster users, the important comparison is not simply who runs the app now, but what rights and obligations the new contract sets before they agree.

## FAQ

### Who acquired Farcaster?

Balaji Srinivasan’s Network School acquired Farcaster from Neynar.

### What happens if Farcaster users do not sign the social smart contract?

They will be limited to read-only access, which lets them view content but not post.

### What does Farcaster’s new social smart contract require?

The available report says users must sign it to keep posting access, but does not provide the contract’s full terms.

## Source

This article is a summary of reporting by [The Block](https://www.theblock.co/news/ecosystems/2026-10-15-network-school-acquires-farcaster-from-neynar-418720), written by an automated editorial pipeline. See https://www.cryptocatalyst.news/editorial-policy.

## How to cite

CryptoCatalyst.news, "Network School Acquires Farcaster, Requires Users to Sign a Social Contract", 2026-10-18, https://www.cryptocatalyst.news/articles/2026-10-18-network-school-acquires-farcaster-requires-users-to-sign-a-social-contract