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SocialFi application protocol Friend.tech (FRIEND) says it’s leaving Coinbase’s Base chain to develop its own network.
In a new thread, the team behind the social finance platform says that it will be partnering up with Conduit, a firm that provides Ethereum (ETH) rollups, to work on Friendchain, its very own blockchain that will utilize FRIEND as its gas token.
“We’re pleased to be working with Conduit on Friendchain, our own blockchain that uses FRIEND as a fully transferable gas token. We’ll keep you up-to-date with all the info you need over the coming months as we build out this exciting new chapter.”
According to Friend.tech, users can sign up for the upcoming Friendchain testnet, but no specific date was mentioned for its launch.
Friend.tech, which launched in 2023, allows users to link their X accounts to a crypto wallet address, creating a social decentralized finance (DeFi) space where fans and creators can directly engage with one another.
“[Friend

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