Original author: 0x26
Original source: BlockBeats
Overnight, the entire encryption circle was swiped by the "friend.tech invitation code".
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 ), obtain the right to talk directly with it, and there is also the possibility of profiting from it.
Try friend.tech
1. Get APP
The IOS system must be upgraded to 16.4 or above to use this APP.
Add friend.tech to your home screen.
From the Safari menu, tap the "Share" icon, then select "Add to Home Screen" from the options. Then open friend.tech on the home screen.
2. Account Settings
After opening the main screen APP, the user can choose to log in with Google or the App Store.
After completing the registration, it comes to the link of "one code is hard to find". Users need to fill in the invitation code to obtain the right to use it.
ft-lb8k3f1o
ft-4s7h3j34
ft-e9o67g1p
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 0.01ETH
After filling in the invitation code, the user needs to bind his Twitter account and enter 0.01 ETH based on Coinbase's 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. Buy shares
After entering the APP, you can see the current hottest 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 per user share set based on Twitter data, but the price of a share increases as more purchases are made.
Before purchasing, a lock icon 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 In order to prevent spam, each holder can send three messages, and then wait for the other party to reply and reset the upper 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 user's Twitter bird logo, or view the unique handle on the exploration interface. Try to minimize the occurrence of "wrong name".
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 of top institutions such as Sequoia Capital, A16z, and Coinbase Ventures, BitClout attracted the attention of the entire encryption circle once it was launched.
However, BitClout's practice of putting user data on its platform without user consent has also aroused strong dissatisfaction in the community.
Amid the critics of the opponents and the excitement of the participants, BitClout quickly went from a climax to a trough. Then BitClout was integrated into his third project DeSo by Nader.
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: CreatorFi's Development Status and Imagination Space" previously published by BlockBeats, DeSo's 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 native Token DESO of the DeSo chain to purchase other personal social tokens, and the transaction does not involve DeFi-related mechanisms such as AMM. For now, Creator Coin is only 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, but 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 release 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 didn't realize that there are so many people who are keen on cryptocurrencies."
