Ethereum

Friend.tech community in turmoil due to token and V2 launch

Social cryptocurrency platform Friend.tech has launched a new native token alongside its decentralized social media version 2 (V2). But so far, things aren’t going very smoothly.

FRIEND tokens were scheduled to be airdropped to those captured. April Snapshot. Unfortunately, it appears that many users are having difficulty requesting tokens.

“Literally all my friend.tech points are gone, do I have 0 friends to claim?” One Twitter user was perplexed. “I don’t sell my FRIEND airdrops (because I can’t even claim them),” another said. said.

Friend.tech was launched in August 2023 and quickly received rave reviews and quite a few critics. A decentralized social network based on the Ethereum layer-2 scaling network that allows users to: Buying and selling “keys” It’s linked to your Twitter account.

Friend.tech did not immediately respond. decryptionThis is a request for your opinion.

Now, with the launch of version 2 of the platform with token airdrops, users can also join community-owned spaces called clubs run by key holders.

But even those who claimed their tokens weren’t happy with the price, which jumped 46% from $2.78 to $1.49 in less than four hours, according to CoinGecko. The community believes in its developers. Added $0.01 to liquidity This is a major factor in why values ​​plummet so quickly.

Even those who participated on the social media platform were short-changed as the new club feature emerged, a key step to qualifying for the airdrop.doesn’t work as planned. Users are reporting that the platform is not registering clubs they have joined or newly created. not displayed On the platform.

“This crappy SocialFi app isn’t even confirming the club sign-up steps yet,” one Twitter user moaned. “I hate Prentech.”

This has led many community members to turn against what was previously a darling of the Web3 industry. Some threatened to throw away their tokens the moment they were airdropped.

“I had high hopes for friend.tech V2,” said Twitter user mcSleuth. “Here we are chasing V2, the app still looks like shit, is slow as shit, and after 8 months the only update we got was ‘Club’ (which people only use to claim and drop airdrops) .” He continued: “How could you stutter so badly?”

Edited by Stacey Elliott.

Stay up to date with cryptocurrency news and receive daily updates in your inbox.

Related Articles

Back to top button