Outlier Ventures has taken notice of the development of decentralized social networks, particularly Farcaster and Lens Protocol, which have begun to attract genuine user attention. The article explores the application of cryptographic technology in social networks, as well as the challenges of private key management and mobile experiences. The goal of decentralized social networks is to break the limitations of traditional platforms, providing user identity portability and more control. DeSo (decentralized social) offers permissionless communication and broadcasting capabilities, while SocialFi combines Web3 primitives with decentralized finance. Friend Tech has discovered the potential of token-gated chats. The Lens Protocol is a composable social graph deployed on Polygon, whereas Farcaster is a Web3 social network built on Ethereum, using smart contracts and a peer-to-peer network matrix based on "Hubs." Farcaster implements its architecture through a set of smart contracts deployed on Optimism and has att