What is Friend.tech? The Social-Token Driven Decentralized Social Network - Decrypt
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What is Friend.tech? The Social-Token Driven Decentralized Social Network
In the first two weeks after its launch, the platform reportedly gained more than 100,000 users and made about $25 million
Social token-driven platforms allow users—including individuals as well as brands and businesses—to create and monetize online communities using blockchain technology.
upporters view social tokens as a probable key driver of Web3 adoption and an important way to bring newbies to the cryptocurrency world into the fold. In short, social tokens combine aspects of traditional cryptocurrencies with patronage systems, allowing influencers, creators, and others to monetize a fan base in exchange for exclusive offers and content.
upporters view social tokens as a probable key driver of Web3 adoption and an important way to bring newbies to the cryptocurrency world into the fold. In short, social tokens combine aspects of traditional cryptocurrencies with patronage systems, allowing influencers, creators, and others to monetize a fan base in exchange for exclusive offers and content.
Basics of Friend.tech
Friend.tech takes this pre-existing aspect of Twitter and fleshes it out with a set of standardized crypto platform features, including airdropped rewards, fee sharing, and more.
Users looking to get onto Friend.tech should access the site of the same name from a phone browser, which will allow them to add the app to their phone.
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