Friend.tech Stock Plummets 25% to Record Low Following Commitment to Base L2
Exploring the Volatile World of Decentralized Social Media Platforms The landscape of social media is undergoing a transformation, with the emergence of decentralized platforms aiming to redefine user engagement and content monetization Among these, Friend tech made headlines in August 2023, promising a novel approach to how influencers and users interact and benefit from social media ecosystems This innovative platform was designed to empower users by allowing influencers to issue "shares" of themselves, creating a new way to monetize their online presence However, not long after its launch, the project faced scrutiny, prompting a rebrand of these shares to "keys...
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