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Friendttech is a new crypto-based social media platform that gained huge popularity within just a few hours of launch.
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While the community is going gung-ho about it, some experts point out its loopholes too.
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It is not the first decentralized social media platform, so it makes sense to look at a few others.
Occasionally, innovative platforms appear in the crypto sphere and take it by storm. Something similar happened recently when Friend.tech was launched on August 19, 2023. It’s a decentralized (DeSo) network that generated $1 Million in fees within 24 hours of launch. Most remarkably, it has foregone established players like Bitcoin and UniSwap.
Friendtech’s Journey So Far
On August 11, 2023, the platform launched its beta version. The USP of this platform is its tokenization program. It allowed the users to buy and sell the shares of their connections. The buyer of the share can send private messages directly to the se
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