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

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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

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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

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📍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

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📍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

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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

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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

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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.

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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