After Friend.tech’s failure, SocialFi must ‘cross the chasm’ to succeed
In the wake of Friend.tech’s collapse, Cointelegraph spoke with industry leaders to find out what went wrong and what comes next.
In the wake of Friend.tech’s collapse, Cointelegraph spoke with industry leaders to find out what went wrong and what comes next.
Remember Friend.Tech? The Web3 social network that had everyone buzzing just a year ago? It seems the party’s over. The platform, known for letting users buy “keys” to access the feeds of crypto influencers, has effectively shut down after its develo
Crypto social media platform Friend.tech faced backlash after a controversial decision by its team. The platform’s native token, FRIEND, plummeted over 42%, reaching its all-time low (ATL) price amid the controversy. As a result, an Ethereum (ETH) wh
Friend.tech’s development team effectively walked away from the social media platform Saturday when it handed off control to a burn address.
Coinspeaker FRIEND Price Tanks 52% as Friend.tech Developers Give Up Smart Contracts Control This recent revocation of contract ownership makes it absolutely unlikely for the new team to take over and introduce new features thereby reducing the chanc
Friend.tech transferred control of some of its smart contracts to a null address, which can never be reversed.
The collapse of Friend.tech's FRIEND token highlights the volatility and risks inherent in decentralized finance projects. The post Friend.tech’s FRIEND token tanks to record low as team abandons control of smart contracts appeared first on Crypto Br
Friend.tech, the struggling decentralized social media application, has announced a major update to its platform, setting the admin and ownership parameters of its smart contracts to the address 0x000…000. This move effectively renounces control over
High-profile influencer Jeffrey Huang drew attention to Friend.tech (FRIEND), ending up buying the token near its all-time lows. FRIEND rallied by 72% on illiquid trading, raising questions about Huan