Wednesday Feb 21, 2024

Onchain Alpha | Building consumer crypto products on permissionless social protocols

In this episode Humpty Calderon speaks with Rish, Founder of the Neynar.

In this conversation, Humpty and Rish discuss Neynar, an infrastructure provider for developers on Farcaster. They explore the concept of hubs as a service and compare it to Mastodon Federated Networks. Rish shares his bullishness on Farcaster and highlights the impact of his experience at Coinbase on his work at Neynar. They discuss the challenges of building on Web2 APIs and the value proposition of Neynar's infrastructure. They also delve into the revolutionizing effect of Frames on Farcaster and the future possibilities of Frame Studio. The conversation concludes with Rish emphasizing the importance of the work happening behind the scenes at Neynar. The conversation covers topics such as building and scaling infrastructure, using Frame Studio for loyalty protocol, expanding Frame Studio services, collaboration and support in the Farcaster ecosystem, and ETH Denver and future opportunities.

Takeaways

Neynar provides infrastructure services for developers on Farcaster, including hubs as a service.
Hubs are similar to nodes in the Farcaster network and allow developers to access decentralized data.
Neynar offers a more cost-effective and convenient solution for running hubs compared to setting up and maintaining them independently.
Frames have revolutionized Farcaster by enabling the creation of interactive and customizable social experiences.
The future of Frame Studio holds the potential for hybrid no-code and code capabilities, allowing for more complex and innovative frames. Building and scaling infrastructure is crucial for supporting a network and ensuring its stability.
Frame Studio can be used for loyalty protocol and retroactive rewards.
Neynar is working on expanding its services and providing more features for frame builders.
Collaboration and support within the Farcaster ecosystem is a key aspect of Web3 development.
ETH Denver provides an opportunity for networking and learning about the latest developments in the industry.