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- ☕️Using ETH to buy/sell shares of your friends?!..🤯
GM Brew Crew, after this morning’s read, you may just happen to feel like Thanos after securing the 6 infinity stones. Absolutely WIRED. Let’s dive in ⬇️
On the menu today:
🤝 FRIEND.TECH APP EVERYTHING YOU NEED TO KNOW
⚽️ FC BARCELONA SECURES WEB3 INVESTMENT
🪦 SBF DIGGING HIMSELF A GRAVE
Today’s Charts:
🤝 FRIEND.TECH APP EVERYTHING YOU NEED TO KNOW
Thursday afternoon marked the launch of friend.tech's exclusive beta test, a decentralized platform self-dubbed as "the marketplace for your friends." This innovative app, situated on Base, Coinbase's latest layer 2 network for cryptocurrencies, essentially empowers users to tokenize their social connections.When a user signs up they have the ability to sell shares of themselves to their followers.
The app (currently invite-only) lets you chat with someone you own a ‘share’ of – like a VIP only chat.
As that individual becomes more popular/valuable through their content, the value of their shares goes up - based off supply/demand.
The platform uses ETH to pay for the “shares” and has already done 126k transactions resulting in $8.1 million in volume.
Anxieties have arisen concerning the anonymity of the founding team, network outages, and “coming soon” popup regarding privacy policy.
@0xRacerAlt@tweetdaofriend.tech is a decentralized social media app that tokenizes crypto personalities:
- You can buy and sell "shares" of people
- Ownership of a share grants you access to a private chat with that person
- Share price fluctuates according to supply and demand— yuga.eth 🛡 (@yugacohler)
12:14 PM • Aug 11, 2023
