Adam Cochran (Friend.tech)

Sisyphus (Friend.tech)

Icebergy (Friend.tech)

Foobar (Friend.tech)

The Friend.Tech Rise isn&#39;t just about a platform doing well at the perfect moment. It shows how using tokens can change the way creators make money. Let&#39;s learn more about the data, features, and the new idea of using tokens for influence.<a href="https://tradedog.io/when-web3-meets-influence-the-friend-tech-phenomenon/" rel="noopener noreferrer nofollow">Friend.Tech</a> by the Numbers: How Numbers Tell the StoryGetting support from Paradigm was like magic for Friend.Tech. It became super popular right away and got 80,000 different users in just a week. Creators also made a lot of money. They got more than 1,600 ETH in just a week.Something interesting to know is that a big part, 71%, of this money went to the top 250 influencers. This shows that the platform really helps the most important content creators.Why People Are Excited About Friend.Tech Influencers Are Leading the Way The best thing about Friend.Tech is its new idea. People can “invest” in their favorite Twitter stars by buying parts of them. This lets fans get special content and gives influencers a new way to make money. When more people buy parts, the influencer&#39;s part gets more valuable, and they make more money.Easy for Everyone Friend.Tech makes it easy for everyone. You can use it on your phone without needing to download an app. They also make it simple to make a cryptocurrency wallet, even if you&#39;re new to crypto.Tokens – What Creators Love Old ways of making money are not as popular here. Instead, influencers get special tokens. Fans buy these to get special content. When more people want an influencer&#39;s content, the value of their token goes up. And that&#39;s a big deal.Tokenization and How It Changes Creators Tokenization is a big deal, not just a fancy word. It changes how creators work. Here’s why it’s important for them:Getting Paid Directly: Creators don’t need middlemen anymore. They can earn money directly from their fans. It’s easy and fair. More Interaction: Tokens can make fans feel more connected. Fans aren’t just watching; they have a part in the creator’s success. Lots of Possibilities: Tokens can do more than just give access to content. They can let fans vote on future stuff, get discounts on things, and more. It’s a cool idea that can do many things.What’s Next for Friend.Tech Friend.Tech started strong, but can it keep going? Some people are using it less now. People are thinking about what it can really do. The people behind it have done other things before, so they might change it. But not having a clear plan makes things uncertain.The website doesn’t say much, and we don’t know much about the people who made it. They are going to have rules about privacy soon. People need to be careful when using it. You can take your money out, but they haven’t said everything about the special tokens and other things.Friend.Tech is good for now, but it also shows that we need new ideas, not just old ones. Platforms like Friend.Tech are making new ways for creators and fans to connect.To end, Friend.Tech is more than a website. It shows us what might happen with creators and tokens. The big question is: Will this new way change how we talk online and how creators get paid? What do you think?

When Web3 Meets Influencers: Exploring the Friend.Tech Phenomenon

tradedog

Other articles published on Aug 25, 2023

PayPal partners with Australian crypto exchange amid banking restrictions

Bitcoin Price Prediction: Payment Proposals, Real Estate Ventures, and Arthur Hayes' Insights

Vessel Capital to create $55 million crypto fund

Bitcoin "Long Liquidation" is Over according to JPMorgan Analysts

XRP's Weekly Chart Brings Some Hope

Decentraland Price Prediction: MANA Network Growth Declines

Join our free newsletter for daily crypto updates!