Friend Tech - Deep Dive (Review)
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- Опубликовано: 6 июл 2024
- In this video we cover Friend Tech, the latest innovative social app to take the attention of crypto users in 2024. Here we cover everything you need to know so please head to the timestamps to navigate the video accordingly.
As always, nothing in these videos constitutes to financial advice.
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Timestamps:
Intro - 0:00
Problems with social media today - 0:58
What is Friend Tech - 3:27
Onboarding and interfaces - 6:15
People Keys and Club Keys - 9:10
Metrics - 12:36
Friend Token - 14:55
Team and VC - 17:12
Bull & Bear Case - 18:00
Conclusion - 22:32
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Interesting. Monetized time in the form of keys. But once sold why would a creator want to meet his obligation?
You continuously earn from people buying and selling your own key. Create a demand for your key & you’ll get people speculating on it - you’ll earn the fees!
Could you provide the VC wallets you mentioned around 17:45?
Havent got them atm, tried to search and couldn't find them anymore, sorry!
It asks for a invite code. Can you please provide one
for some reason i dont have one at the moment, sorry!
I am experimenting with social graphs in my coding project. What's the best way to get the transaction data like who bought whose keys?
youll have to get this data via the contracts from Basescan
This looks interesting. Just curious, how does Friend Tech make money ? I know they keep 5% on every transaction, but it's not thier money, isn't? It is from where the profits are paid off , isn't ? Also, what stops someone from buying a lot of shares of themselves , raising the price and then selling for higher price.. I mean this could be easily gamed, isn't?
With every transaction both Friend Tech & the creator of the keys earn from fees. They’re quite high hence how Friend Tech have been able to make millions already.
You can buy shares of yourself but remember there’s still fees to friend tech, when it comes to selling them, the prices will go back down. I assume you’re talking about dumping your own keys when they’ve pumped a lot. In that case I don’t think your community will be very happy! You can’t really game it as you’ll need other people to buy your key to increase the price. You buying it alone won’t be enough as when selling, it’ll go all the way back to zero.
@@WajahatMughal thanks man.. :)
Trading keys... Nah!
Haha! Not for everyone