#Friendtech's revenue increased by more than 10,000 ETH, TVL up to 30,000 $ETH
Have you seen#Socialfiexploding?
Friendtech, a decentralized social network built on#Layer2#Basse of #Coinbase
#Friendtechis introduced as a “marketplace for your friends”, allowing users to encrypt their social accounts, users can buy "#shares" (shares) of other users to read content content they share and chat directly with the account owner.
The steady growth in revenue and TVL shows that the platform is still attracting attention from users. Some possible reasons for the boom in revenue:
1. This platform promises to#airdropproduct users with#pointsevery Friday
2. The project announced that#Paradigmhas invested in its Seed round, Paradigm is a large investment fund in the#Cryptofield when announcing a fund of up to 2.1 billion USD, the CEO of this fund owns total assets of up to 4.4 billion USD. a
3. A feature that allows KOLs to use private closed groups to send exclusive images and content to their audience, has been attracting a number of KOLs to join this platform.
However, I see that the project currently has many points that are not so outstanding, for example, the product has no core value other than sharing speculation, and the cost of participation is high, because users need to pay a purchase fee in $ETH.
Besides the potential motivation of the#Base#Airdrop, I don't see any reason for this product to really explode.