Friend.tech: A Game-Changer or Potential Pitfall in the Web3 Landscape? ๐
The decentralized social app, built on #Coinbase โs Base layer 2 network, has surged with 4,400 ETH ($8.1M) in trading volume within 24 hours of launch, surpassing #OpenSea โs performance.
Users can tokenize their social networks, selling โsharesโ of themselves to gain messaging privileges.
The platform targets influencers and has rapidly gained 136,000 daily active users. However, issues with network outages, lag, and app crashes have arisen.
With a mysterious origin, lack of privacy policy, and rebranding from a previously less successful project, Friend.tech raises questions about its trajectory.
What do you think about #friend.tech ? Have you tried it?
Leave a comment below and share me your thoughts! ๐๐ป