News Explorer — Crypto App Friend.tech Lures Waves of Users and Rakes in the Revenue

By Decrypt August 21, 2023 In Cryptocurrencies, Ethereum, NFTs, Pepe

The Friend.tech app, built on the Coinbase-incubated Ethereum layer2 Base, has experienced a surge in activity since its launch. The app allows users to tokenize Twitter accounts to buy and sell “shares” of their favorite social media personalities. It has gained popularity within the crypto community, with a significant increase in unique users and revenue. However, some analysts have raised concerns about the sustainability of the app’s hype and its steep bonding curve.

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Aug 21, 2:22 am

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