Friend.tech is a decentralized social networking site that operates on Coinbase's Layer 2 blockchain, known as Base. This innovative platform enables users to tokenize their identities by buying and selling "keys"—formerly referred to as "shares"—to their followers, who then gain shareholder status. As a result, these followers can engage directly with the user and enjoy a new personalized interaction feature across their favorite online platforms, such as Twitter and Telegram. Although Friend.tech is currently in its beta phase, it has piqued significant interest within the cryptocurrency community. Many proponents believe it could transform our social media interactions, while critics voice concerns regarding its sustainability and future success. Ultimately, the platform's ability to maintain user interest and trust will be critical in determining its longevity in the ever-evolving digital landscape.
