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As the web3 community develops, people are realizing the crypto space has some engaging social applications. One of the newest web3 social media sites is friend.tech. Within just a few months of launching, this crypto project has already built an enthusiastic audience and earned over $1 million in fees alone. However, it has also seen its fair share of controversies after its users were hit by a string of SIM swap attacks. Should you try to get involved in friend.tech? Learn more about the project to see whether it's right for you.
Key Takeaways:
friend.tech, a decentralized social network driven by a blockchain token system, hopes to provide users with both socialization and monetization opportunities.
Users can connect their X accounts to their friend.tech accounts and sell social tokens that offer special perks.
While friend.tech has experienced exponential growth, many analysts are pronouncing the network officially dead.
friend.tech, a decentralized social network driven by a blockchain token system, hopes to provide users with both socialization and monetization opportunities. People can connect their X (formerly Twitter) accounts to their friend.tech accounts and then sell tokens that offer special perks.