HomeNewsDecentralized Social Platform Friend Tech Surpasses Bitcoin and Uniswap in Fee Generation

Decentralized Social Platform Friend Tech Surpasses Bitcoin and Uniswap in Fee Generation

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  • Friend Tech’s token airdrop and innovative decentralized application (dApp) capture immense attention, outpacing industry titans in transaction fees.
  • The platform’s recent Series A funding, token issuance hints, and potential airdrop fortify its robust market position.

Friend Tech’s Disruptive Emergence in Decentralization

The blockchain sphere witnessed a seismic shift as Friend Tech, a newcomer in the decentralized landscape, eclipsed well-established entities like Bitcoin, BSC, and Uniswap in transaction fees within a day of its unveiling. This immediate surge sparks the pertinent question: What fuels Friend Tech’s unparalleled momentum?

At its core, Friend Tech is a trailblazing decentralized social application (dApp) that allows users to tokenize and trade shares associated with their friends’ social profiles. The very notion of commodifying social interactions is a novel concept in the crypto space, granting users an unprecedented avenue to capitalize on social engagements.

Signifying its robust market reception, the platform reported a staggering 4,400 ETH ($8.1 million) in trading volume within 24 hours, even overshadowing the globe’s leading NFT marketplace in that duration. The platform’s allure doesn’t merely end at its innovative offerings; recent strategic alignments have further bolstered its stance. Its collaboration with Paradigm and an imminent airdrop announcement, subsequent to a successful Series A round at a whopping $50 million valuation, exemplify the same. Notably, Paradigm’s exclusive participation in the seed round suggests potential incentives and indicates the imminent token issuance.

Unlocking the Friend Tech Airdrop: A Glimpse into Eligibility

For crypto enthusiasts keen on participating in the anticipated airdrop, Friend Tech has delineated certain prerequisites. To be eligible, users must:

      1. Download and Install: Initiate by downloading the Friend Tech application on mobile devices and log in via their Twitter account.
      2. Initial Setup: Proceed by transferring ETH to the Base wallet and purchasing their inaugural shares.

Following the setup, certain activities can potentially amplify user points:

      • Self Share Purchase: By acquiring your shares, you pave the way for others to invest, thereby generating transaction fees in ETH.
      • Engage in Trading: Transacting shares of other creators can escalate your transaction volume. However, participants should remain vigilant about possible spreads and transaction costs.
      • Referral Code Distribution: Users will obtain three unique referral codes on the “Airdrop” section. Disseminating these codes can augment your cumulative points.

However, prospective traders should remain cognizant of potential volatilities and risks associated with speculating on accounts, emphasizing due diligence.

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Nikita Dmitrievich
Nikita Dmitrievichhttps://www.ethnews.com/
Nikita, a young and ambitious crypto investor who has been actively involved in the cryptocurrency world for the past 6 years. With a keen interest in blockchain technology, Nikita has been investing in various cryptocurrencies and has seen significant returns on his investments. He is passionate about educating others on the potential of cryptocurrencies and frequently shares his insights on social media platforms. Nikita believes that cryptocurrencies are the future of finance and is constantly researching new projects to invest in. With his dedication and knowledge, Nikita is quickly becoming a prominent figure in the crypto community. Business Email: info@ethnews.com Phone: +49 160 92211628