Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Sell Shares of Your X (Twitter) | Crypto Daily Digest Aug. 14

Sell Shares of Your X (Twitter) | Crypto Daily Digest Aug. 14

TokenInsightTokenInsight2023/08/14 14:18
By:TI Research

Last week, friend.tech, a new social crypto-based social application went live and become popular on Crypto Twitter

Last week, friend.tech, a decentralized platform that calls itself “the marketplace for your friends” opened its invite-only beta test. The app essentially allows users to tokenize their social network and is built on Base, Coinbase’s new layer 2 network.

The platform lets users buy shares of connected Twitter accounts to join private chatrooms with said user. This essentially allows anyone on the app to bet on the social worth of other users on the platform, through the purchase of shares of the other user. It can be thought of as social tokens of their respective users. Prices of user shares fluctuate based on demand and supply.

Crypto Twitter personalities such as Cobie and Hsaka are already on the platform and their shares have seen interest from users, trading at values of 2.4 and 1.3 ETH respectively.

Today's Market

Source:

Headlines

Other News in Case You Missed it:

What's New from TokenInsight?

: This article will provide a brief overview of various projects related to Telegram bots, categorizing them to help you quickly understand the functionalities of these bots.

: Is cryptocurrency regulated? Bitcoin emerged in 2008, so why hasn't the United States established a comprehensive regulatory framework by 2023?

After the boom in Q1, the crypto industry did not experience many ups and downs in Q2, but more changes from the traditional market. So what happened in Q2? What was the impact? Let's take a look.

82

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!