🚀 Decentralized social media platforms like Farcaster are emerging as alternatives to traditional platforms, offering enhanced user privacy and control over personal data. However, they face challenges such as sophisticated interfaces, content moderation, and finding sustainable monetization strategies. Sean Papanikolas, CEO of HAM, believes that despite these hurdles, the decentralized approach shows promise in transforming the social media landscape. He suggests that platforms should be easy to use and fun, and can explore transaction-based models for monetization. What are your thoughts on decentralized social media? 💭👇