An article explains clearly friend.tech and how to use it
Instructions
1. Use your mobile phone to open the official website and add friend.tech to the home screen.
2. After opening the APP on the home screen, the user can choose to log in using Google or the App Store.
3. Each invitation code can only be used once. You can obtain the right to use it only after filling in the invitation code.
4. Bind Twitter (X)
5. Transfer 0.01ETH to the Base chain address assigned to your account to activate the account
6. After entering the APP, you can see popular users or search for users you follow and buy their shares;
7. After the purchase is completed, you can chat one-on-one; in order to prevent spam, each holder can send three messages, then wait for the other party to reply and reset the upper limit.
economic model
As purchases increase, the price of shares will also increase. According to the official introduction, "The price of the next share is equal to S^2 / 16000 * 1 Ether, where S is the current number of shares."
It can be seen that the earlier you buy the share of KOL (Key Opinion Leader), the more people buy the share of KOL, the more valuable your share will be.
Since the number of shares is unlimited, but the price of shares increases exponentially with the number of holders, the price slope is very steep and can quickly push the price to a mountain top that looks good but cannot rise.
If KOL wants to make money through friend.tech, the best way is to buy a batch early, then post it on social media to let fans buy it, and finally ship it to the public.
However, there are risks in doing so. KOL's presence in friend.tech is equivalent to issuing coins in his own name. Issuing coins is prohibited in many countries.
For ordinary people, it is even more difficult to make money by playing friend.tech.
First, you need to know the active accounts on Twitter, that is, discover KOLs.
Then, you need to know that the KOL on Twitter is willing to seriously operate the friend.tech account, otherwise the final outcome will be that the holder will smash the market and leave.
The prices of some KOLs have been very high!
