Tag: friendtech

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Friend.tech clone Stars Arena drives surge of activity on Avalanche

The price of AVAX has surged more than 8% amid heightened network activity brought about by Friend.tech look-alike Stars Arena. Decentralized social media (DeSo) application Stars Arena has caused a major uptick in activity on Avalanche’s C-chain network. As network activity increased, so did the price of the network’s native AVAX (AVAX) token, which has…
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OnlyFans, Patreon models turn to Web3 amid payment and censorship fears

Patreon creators had difficulties getting paid in August, while OnlyFans once tried to ban porn on the platform, forcing creators to look at alternatives, including Web3. Adult content creators have continued to shift towards decentralized versions of OnlyFans and Patreon, after recent payment difficulties and the ever-present threat of being de-platformed. Leon Lee, founder and…
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Friend.tech TVL tops $20M weeks after being declared ‘dead’

User activity on friend.tech has witnessed a major resurgence after briefly fizzling last week. Decentralized social media platform friend.tech has seen a sudden surge in total value locked (TVL), doubling to reach more than $20 million within the last four days.  Only two weeks ago, critics declared the platform “dead” after activity on the app…
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Friend.tech threatens to punish users if they use copycat apps

Friend.tech warned users who choose to jump ship to “forks and copies” will see their existing points forfeited. Crypto’s newest decentralized social media (DeSo) app, Friend.tech, has been met with intense criticism over a decision to punish users who opt to use forks or copycat versions of its tokenized social media platform.  “To make sure…
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Friend.tech pronounced ‘dead’ after activity and fees tank

Buyers, sellers, inflows and transactions have all taken significant dives on the Friend.tech platform after its launch just over two weeks ago, prompting some critics to herald its death. Less than three weeks after its launch, the decentralized social network Friend.tech has already been declared “dead” by critics,  following a recent drop in key metrics…
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