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.

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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.

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

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Brian Johnson
Brian Johnson
A dedicated Bitcoin journalist passionate about uncovering the latest trends, developments, and innovations in the world of cryptocurrency, while delivering engaging and well-researched articles to inform and educate readers on the dynamic digital finance landscape.
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