- Friend.tech's revenues have decreased by 90% due to waning interest in their social app.
- User activity and daily revenues have plummeted over 95% from a peak of $840,000 on August 21 to $80,500.
- The platform lets
#Twitter users tokenize their accounts and sell "keys" for private chat group access.
- Despite once
#ranking second in daily revenues and outperforming major industry players like Lido, Uniswap, and Bitcoin, Friend.tech is now out of the top ten list.
- Criticism surrounds Friend.tech's
#economic model, and the trading prices for top account keys have dropped significantly.