How far can Friend tech go? What are the moves to capture this?
why i think u should pay attention to it More than ponzi
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How far can Friend tech go?
What are the moves to capture this?
What is friend tech & why i think u should pay attention to it
TLDR
📍What is Friend tech
socialfi @BuildOnBase.
Users can buy "shares" of other to access private chatroom
"shares" are tradable
📍Why is doing well
Marketing done well
@paradigm invested
"shares" price curve
📍How to capture this hype
READ BELOW
Starting with the important
📍Why i think u shoud pay attention to it
I "price" narrative based on how different groups will react to it
▶️ Hardcore crypto twitter guys
▶️ Genz youtube & tiktok investors
▶️ Your mum & neigbhors
▶️ Exit liqudity
💭Think logic of each type
▶️Hardcore crypto twitter guys
just another ponzi but @paradigm invested
Base narrative
Im bored need new things to gamble
airdrop, future token
More defi things building on top
▶️Genz youtube & tiktok investors
Youtuber makes so much money, i can now invest in them
His has 1m follower n only 100share sold? im early
OnlyFans of crypto
▶️Your mum & neigbhors, Exit liqudity
If the narrative last long enough n get feature on TV enough
They will come
📍Why friend tech has viral compounds to go far
▶️People are looking for something fresh other than forks on L2 & @BuildOnBase
▶️The price curve on friend share made early adopters feel like they are winning on paper gain easily (more detail later)
▶️Simple onboarding for kol to causally sell shares to followers, u just send some eth to a wallet then u good.
▶️fomo invitation code campaign
📍look at some number why i think we are still early
▶️Top 10 collection of friendtech in usd mcap
worth less than a Fork coin, meme coin or even "blue chip" nfts
u telling me men like @cobie @blknoiz06 @Banks only worth 500k speculation value?
*please note speculation value
Exponential growth
keen/hope to see the ratio of green color to grow more than red
Great Dashboard by @CryptoKoryo
Some other impressive numbers
https://twitter.com/DefiIgnas/status/1693149170113368195
Ok now i have express why i m keeping tabs on @friendtech
How to profit from it?
1️⃣ Farm "points" to get airdrop tokens
2️⃣ Trade shares of KOLs
3️⃣ DeFi lego on shares & wrapped ERC
1️⃣ Farm "points" to get airdrop tokens
Great clear thread by @milesdeutscher
- Points =/ token, but u can speculate
- 100,000,000 given over 6months
Personally wouldn't farm it too hard tbh. just use the app n have fun
2️⃣ Buy shares of KOLs with high following low shares
well, if u are reading this u know how to speculate stuff on crypto lol
RealFriend (.) tech made by @iam4x
FriendMex (.) com made by @_anishagnihotri
charts & better trading experience
@friendtech_bot trading pings
@HyperliquidX to perp $friends lol
haven't tried it myself yet.
3️⃣ DeFi Lego shares & wrapped ERC
@0xfoobar made a contract to wrap ur "share" into erc
u can imagine everything NFTfi can be done from there
token gated utility
liquidity pools
perps prediction market
lending market
share ETFs
i was notified by @Alvin0617
Interesting arbitrage strategy that is running between wrap share n Lp pools for 0.02E profit
Lmao
Class case of people thinking about the defi lego more than the actual value tho lol
I hope u found this thread insightful
here are some other guys u should keep an eye on for friend tech @0xCaptainLevi
Took providing value to his "share holders" to another level.
worth following n checking him out @_anishagnihotri
Building friend tech "exchange" like product
i am on friend tech but don't buy my share
only share alpha here
