Top Esports and Gaming Influencers Earn Passive Income on Friend.tech

Top esports and gaming influencers earn passive income through social token platform

Top esports and gaming influencers, including Ricky “FaZe Banks” Bengston, Nordan “FaZe Rain” Shat, and 100 Thieves CEO Matthew “Nadeshot” Haag, are earning passive income through the social token platform Friend.tech. The platform, operating on the Base network, allows users to trade “keys” representing individuals, linked to their Twitter accounts. These keys grant access to exclusive group chats for buyers, with the individual receiving a percentage of the sale in Ether (ETH) as a fee.

Key Points:

FaZe Banks has generated around 872 ETH in total volume traded, earning over 43.19 ETH (approximately $72,900) in passive income through transaction fees.
FaZe Rain has amassed more than 226 ETH in volume, translating to earnings of about 11.3 ETH (approximately $19,100) within 24 hours.
Nadeshot has garnered over 322 ETH in total key volume traded and earned around 16.13 ETH in fees (around $27,200).
Friend.tech has witnessed over 1.1 million keys traded across more than 935,000 transactions.
The platform remains invite-only, with no indication of when it will be accessible to a wider audience.

Friend.tech is described as a social finance app and commenced its closed beta on August 10. Both Nadeshot and FaZe Banks have previously been involved in the crypto world, with 100 Thieves distributing NFTs and FaZe Banks being involved in NFT trading and facing accusations of involvement in pump-and-dump crypto schemes. FaZe Banks has also promised to give away 5 ETH “when we hit #1” on the platform.

Hot Take:

The success of top esports and gaming influencers on the Friend.tech platform highlights the growing potential of social tokens and their ability to generate passive income for individuals. With the increasing popularity of NFTs and crypto trading, it’s no surprise that these influencers are leveraging their online presence to monetize their fan base. However, caution should be exercised in the crypto world to avoid potential scams and fraudulent schemes.