FriendTech Token Launches, Airdrop & Version 2 Go Live
Release: 2024/05/03 18:49 Reading: 479
,The much-anticipated launch of the native token for FriendTech, a pioneering Web3 social media platform, marks a significant milestone in the evolution of decentralized networking. Following months of development and preparation, the Friend token has been officially introduced and is now actively trading on its decentralized exchange (DEX) hosted on the Base network. Market data compiled by DexScreener reveals that the Friend token is currently valued at $3 per unit, boasting a circulating supply of approximately 14.5 million tokens.
FriendTech has garnered attention for its innovative approach to social networking, notably through its exclusive networking service that leverages social tokens known as “Keys.” These Keys grant users access to specialized chats and premium content from creators, fostering a sense of community and exclusivity within the platform. FriendTech originally made waves when it launched on the Ethereum Layer 2 network Base back in August, positioning itself as a frontrunner in the burgeoning realm of decentralized social media.
FriendTech Conducts Token Airdrop Alongside Version 2 Launch
In a strategic move to engage and incentivize its user base, FriendTech has initiated a token airdrop concurrent with the rollout of its eagerly awaited version 2 (v2) platform. This latest iteration introduces users to a slew of new features aimed at enhancing their overall experience. One notable addition is the introduction of “Clubs,” designated community spaces owned and operated by key holders. Within these Clubs, users can engage in discussions, share content, and foster connections within their respective communities.
Transactions within these Clubs will be facilitated using Friend tokens, the platform’s native currency, with a nominal 1.5% fee allocated to liquidity providers on the DEX. To participate in the token airdrop and claim their share of tokens, users are required to fulfill specific criteria. This includes joining at least one Club and following a minimum of 10 users on the FriendTech platform, encouraging active participation and community engagement among users.
Also Read: Robert Kiyosaki Portrays Crypto Market Crash As “Time To Get Rich”
FriendTech Delays Token and Version 2 Launch, Prepares for Airdrop
Despite initial projections for an April 29 release, the launch of FriendTech’s token and version 2 platform has encountered a slight delay, now slated for a later date. The announcement, made by FriendTech on April 27, cited additional preparations and optimizations as the rationale behind the postponement. However, progress continues unabated, with FriendTech affirming the completion of the necessary snapshot for the forthcoming airdrop distribution, scheduled for today May 3.
Despite the temporary setback, FriendTech maintains its prominence within the Base network ecosystem, currently ranked as the ninth-largest protocol by total value locked. According to insights provided by DeFiLlama, FriendTech boasts an impressive total value locked of approximately $30 million, showing its significance within the decentralized finance landscape. As anticipation mounts for the impending launch and airdrop, stakeholders eagerly await the next chapter in FriendTech’s journey towards redefining the future of social networking on the blockchain.
Also Read: Shiba Inu News: Shibarium Hits New Milestone With Bor & Heimdall Hard Fork
The post FriendTech Token Launches, Airdrop & Version 2 Go Live appeared first on CoinGape.
Recent news
More>- Pepe Price Prediction: PEPE Plunges 4%, But Pepe Unchained Presale Smashes $52 Million Amid Coinbase Listing Rumors 11-26
- $0.0008 Meme Coin Predicted to Surpass PEPE and SHIB in Market Cap by 2025 11-26
- Crypto Whales Pump BlockDAG Presale, Raises $20M in 2 Days Despite Shiba Inu & Pepe Coin Surges 11-26
- 7 Important Cryptocurrencies To Look Out for other than Bitcoin in 2024 Bull Run 11-26
- Solana Meme Coin Launchpad Pump.Fun Suspends Live Streaming Indefinitely After Wave Of Abusive Content 11-26
- Pepe Coin Price Prediction – Is Now the Right Time to Buy $PEPE? 11-26
- 6 Best Cheap Crypto to Buy Now Under 1 Dollar November 25 – Arbitrum, Mina, Chiliz, Theta Fuel 11-26
- Pepe and Shiba Inu Face Strong Bearish Pressure: Is the Memecoin Market Losing Momentum? 11-26
- Meme coin prices dip; traders move to $40M Pepe Unchained ICO for massive potential gains 11-26
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com