Blockchain-based decentralized social platforms have been actively explored since Steem in 2016. I've always believed that blockchain and crypto are a perfect fit for social media, given their censorship resistance, token-based incentives, and the permanent storage of user content. So, I've spent a lot of time on platforms like Steem, DeSo (ex-bitclout), lens protocol, and @farcaster. Based on my experience, I've concluded that decentralized social media is unlikely to succeed in the long term. This approach has been around for a decade. In fact, all influencers, including you reading this, spend most of their time on "x" and receive payment from "x." As consumers, they watch YouTube and consume content on Instagram. Social media's value increases as users and content accumulate, but operating costs also increase exponentially. Therefore, someone must seriously consider a business model that attracts external funding to ensure long-term operation. I agree with your opinion, which I've held for the past decade, but perhaps decentralized social media is like yearning for a star in space, something we can't reach. I applaud @dwr and @v for their dedication.