Search Results for: friend tech

Friend.tech, a decentralized social network built on Coinbase’s Base and linked to Twitter, is gaining traction with almost ETH 11,000 in protocol fees. It currently ranks third in 24-hour fees, surpassing established platforms like OpenSea, Tron, and layer-1 & layer-2 giants such as Uniswap, Bitcoin, and MetaMask.

“Token-gated channels, platforms where users buy and sell access tokens, are gaining popularity in social media. The pioneer, Friend.Tech, faces competition from newcomer Post.Tech, whose recent surge in daily transactions and active wallets suggests a shift in market dominance.”

Alpha, a new decentralised social network protocol, is making its entry into the Bitcoin blockchain, enabling users to benefit from their digital profiles and content creation via social tokens. Unlike its rival, Friend.tech built on Ethereum, Alpha utilises Polygon blockchain for data preservation and Bitcoin for its scaling network, offering added scalability, security, and efficiency for launching decentralized applications. Amidst increasing interest, Alpha’s future looks promising, potentially transforming the rules in the blockchain universe.

Coinbase’s layer 2 blockchain, Base, has seen a surge in daily transactions due to FriendTech, a decentralized social network built on Base. Questions about sustainability and authentic user engagement of such platforms have risen. Meanwhile, potential market shock following the sale of tokens from bankrupt crypto exchange FTX may be avoided.

Coinbase’s layer 2 blockchain, Base, sets record daily transactions, thanks to FriendTech, a decentralized social network platform built on Base. Despite a recent decrease, rekindled Base activity suggests network maturation. This strong start, unaffected by Ethereum’s congestion and fees, could indicate sustainable future growth with “layer-2” networks.

“The once doubted decentralized platform Friend.tech has experienced immense growth recently, with a surge in its Total Locked Value (TVL) reaching $20 million. Despite initial skepticism, it now stands as the third highest revenue-generating decentralized application in the DeFi ecosystem. With active updates and a creator-first approach, this might be the beginning of a sustainable growth journey.”

Friend.tech, a decentralized social media app, declared a penalty for users switching to similar platforms: forfeiture of reward points. This announcement has aroused dissatisfaction and apprehension in the crypto community, being perceived as anti-competitive and contrary to the principles of the industry.

Friend.tech, a blockchain-based social app that allows users to trade cryptos linked to Twitter influencers, saw a rapid decrease in inflow and volumes, hinting at issues in the decentralized platform’s operations. Its initial success was overshadowed by a severe privacy breach, leading to skepticism and withdrawal.

“Influencers Ricky “FaZe Banks” Bengston, Nordan “FaZe Rain” Shat, and Matthew “Nadeshot” Haag are leveraging Friend.tech, a social token platform on the Base network. The platform enables users to trade “keys” tied to their Twitter accounts for exclusive access to group chats, earning a percent of sale in ETH. The platform has seen 1.1 million keys traded in over 935,000 transactions.”

“Friend.tech, a Twitter-associated blockchain application recently outperformed several large-scale projects by marking a revenue of $840,889 over a 24-hour cycle. Within 30 days post-launch, its cumulative revenue ascended to $2.95 million. The app tokenizes crypto personalities on Twitter, enabling users to buy and sell ‘shares’ of these individuals.”

“Decentralized social network Friend.tech quickly earned over $1 million in fees, outperforming giants like Uniswap and Bitcoin. However, concerns loom around its business model, potential exploitation, and data privacy, raising questions about its future sustainability and growth.”

“In the blockchain sector, privacy and security are essential. However, the release of a list of crypto wallet addresses connected to Friend.tech users on a GitHub repository stirred controversial discussion. The concern arises from the potential of viewing blockchain transactions linked to those wallets. As the blockchain technology continues to infiltrate social platforms, users should remain wary of the risks associated with data visibility.”

Friend.tech, a social tokenization protocol, shows promising revenue generation within the crypto sphere. With Friend.tech, personalities can issue shares for exclusive group chats, amassing around $709,000 in ether revenue in a day. Besides its appealing growth, the platform raises questions regarding over-economic focus and regulatory oversight.

“Newcomer Friend.tech, a decentralized social network (DeSo), recently generated over $1 million in fees in 24 hours. The platform allows users to tokenize social connections, likened to trading shares. Despite its unique approach and promising start, concerns about the sustainability of the business model are arising.”

“Dubai is offering a 90% registration subsidy for web3 and AI companies to procure operational licenses, aiming to become the biggest pro-tech hub in the MENA region. It’s crafting an ecosystem that facilitates technological breakthroughs and aims to generate 200,000 jobs in the Middle East by 2025.”

Friend.tech, a blockchain-based social media application, presents the idea of tokenizing people’s profiles to create a marketplace where users can buy “shares” of others. Leveraging Coinbase’s layer 2 network, this revolutionary platform sparked significant interest but also raised concerns regarding data privacy and lack of project transparency.

Solidus AI Tech, an advanced computation network, offers eco-friendly high-performance computing (HPC) power for complex AI projects. They aim to address rising demand through green energy locations, energy-efficient IP, stringent data security measures, and supporting the Crypto Climate Accord.