📢 Attention crypto enthusiasts! Friend.tech, the decentralized social media platform, is preparing to launch its version 2 and an airdrop on May 3. However, a leaked smart contract suggests it could have controversial features, including a non-transferable token. 🚀

The token, called $POINT, will not be transferable except to some whitelisted addresses. This means that airdrop recipients will not be able to sell or trade the coins except to certain whitelisted protocol addresses.

Additionally, the new tokens will be offered as rewards for users who stake their Ether (ETH) and Points tokens on the Friend.tech smart contract.

The news has caused concern among cryptocurrency enthusiasts as the non-transferable tokens could reduce the initial selling pressure of the airdrop. However, this could benefit the cryptocurrency's long-term price action.

What do you think about non-transferable tokens? Do you think they are a good or bad idea? Share your thoughts in the comments! 💭