What exactly is the friend.tech that exploded overnight on Twitter KOL?
区块律动BlockBeats
2023-08-11 03:25
本文约1259字,阅读全文需要约5分钟
Your social network is your net worth

Overnight, the entire crypto community was flooded with “friend.tech invitation codes”.

So what exactly is “friend.tech”?

To put it simply, friend.tech, as a decentralized social platform, is strongly bound to Twitter (now renamed X), so that users can purchase any user’s share on friend.tech through the Ethereum of the Base chain (Share ), gaining the right to speak directly with them and the possibility of profiting from them.

Try friend.tech

1. Get the APP

The IOS system must be upgraded to 16.4 or above to use this APP.

Add friend.tech to your home screen.

In the Safari menu, click"shared"icon and select from the options"Add to home screen". Then open friend.tech on your home screen.

2. Account settings

After opening the home screen APP, users can choose to log in using Google or the App Store.

After completing the registration, the code is hard to find step comes. Users need to fill in the invitation code to obtain the right to use it.

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Readers can try to use the above three invitation codes (not reusable) or register after asking for codes from peers in the community.

3. Bind Twitter and transfer 0.01 ETH

After filling in the invitation code, the user needs to bind his Twitter account and enter 0.01 ETH based on Coinbases Base chain into the address to activate the account.

So far, you not only have 3 invitation codes, but also have the right to buy other user shares and communicate directly with them, and unlock your value as a member of the social network.

4. Purchase shares

After entering the APP, you can see the most popular users on the homepage and buy their shares. At the same time, you can also use the Explore button to search for users you follow and buy their shares.

Not only is the initial price of each users share set based on Twitter data, but the price of the share increases as purchases are made.

Before purchasing, a lock sign will appear on the chat interface after clicking on the user, prompting the user to purchase shares. And when the purchase is complete, you can chat one-on-one. friend.tech To prevent spam, each holder can send three messages, then wait for the other party to reply and reset the limit.

It is worth noting that because the Twitter name can be repeated, when the user purchases shares, he can check it by clicking on the users Twitter bird logo, or view the unique handle on the exploration interface. Try to minimize the occurrence of wrong names.

Is it an upstart or a flash in the pan?

In fact, this is not the first time that share-type social products in the encryption circle have appeared. As early as 2021, Basis founder Nader Al-Naji released the decentralized social product BitClout. Because of the investment endorsement from top institutions such as Sequoia Capital, A16z, Coinbase Ventures, etc., BitClout attracted the attention of the entire encryption circle as soon as it was launched.

However, BitClouts practice of putting user information on its platform without users consent also caused strong dissatisfaction in the community.

Amid the criticism of opponents and the excitement of participants, BitClout quickly went from high to low. BitClout was then integrated into Naders third project, DeSo.

Unlike BitClout, friend.tech does not use Bitcoin to purchase, but chooses Ethereum, which is more acceptable to the community, and builds on the latest Base chain launched by Coinbase.

According to the report Web3.0 Creator Economy Report: CreatorFis Development Status and Imagination Space previously published by Rhythm, DeSos Creator Coin is issued by users through creating personal data (that is, configuration files), and its price fluctuates according to market supply and demand. . Users use the DeSo chains native Token DESO to purchase other personal social tokens, and the transaction does not involve DeFi-related mechanisms such as AMM. For now, Creator Coin is merely an asset tool for DeSo users to buy, sell and speculate.

Overall, friend.tech not only has relatively low barriers to entry; it is also dynamic. Starting from the perspective of Twitter KOL, the most topical and audience, is the most cost-effective marketing method. Not only that, friend.tech’s built-in airdrop expectations are also eye-catching.

Points are airdropped every Friday and will be used in friend.tech in the future. The first distribution time is 8/18/23

The current popularity of friend.tech can be seen from the current APP experience, and the official announced in the early hours of this morning that the server capacity has reached the upper limit. And after configuring more network resources, friend.tech did not forget to joke, We really didnt realize that there are so many people who are keen on cryptocurrencies.

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