Is the path of decentralized social really that difficult to walk?

Recently, something quite dramatic happened in the ecosystem. Farcaster, a decentralized social protocol that was originally highly anticipated, was actually acquired by Neynar, the core client within its own ecosystem. Farcaster's founder Dan Romero posted on social media to confirm the acquisition plan. According to the arrangement, the existing team will gradually transfer the protocol contracts, codebase, applications, and other core assets over the next few weeks, and the two co-founders will also gradually step back and move on to new projects.

This turn of events is quite interesting. As an explorer of decentralized social, Farcaster was ultimately acquired by the infrastructure layer within the ecosystem. Does this in some way indicate that purely protocol-layer projects might not be that fun? Or is it that the fragmentation of the ecosystem and the client wars can only be resolved through capital consolidation in the end?