The Friend Tech Ideology
Friend Tech, a decentralized social media platform for crypto personalities, utilizes “shares” as digital assets, symbolizing ownership in the context of interacting with crypto personalities. Users can join and exit group chats, earning and liquidating their group shares.
Seamless Onboarding Process
Friend Tech offers a seamless and user-friendly onboarding process, allowing iOS users to access the official website and add it to their home screens without the need for third-party downloads. To initiate engagement, users need an invitation code and must link their Twitter accounts. They are also required to inject a minimum of 0.01 Ethereum into the Base network to gain access to the application.
Friend Tech’s Investment Model
Friend Tech combines social engagement with investment opportunities. As the number of participants in a group grows and the total quantity of group shares increases, the base price of each share rises. Users can buy and sell shares, providing potential financial benefits. The application has facilitated over 126,000 transactions and exceeded 4,400 ETH in trading volume since its launch.
Hot Take
Friend Tech presents an innovative approach to decentralized social media, offering users the opportunity to engage with crypto personalities while also providing investment prospects. The seamless onboarding process and the use of shares as digital assets make Friend Tech an intriguing platform for crypto enthusiasts. With its rapid adoption and impressive trading volume, Friend Tech has the potential to disrupt the social media landscape in the crypto community.
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