Friend.tech VS Farcaster's SocialFi data comparison
———OWLXAI Intensive Reading📝
1. Friend.tech and Farcaster are two social protocols that have attracted much attention in the Base ecosystem in 2024.
2. Friend.tech is slightly better in terms of profitability, with higher protocol revenue and number of users.
3. Farcaster performs better in terms of user stickiness, with more loyal fans and steadily growing daily active users.
4. Friend.tech achieves high profits through high transaction taxes, while Farcaster relies on the construction of applications and channels within the ecosystem.
5. Friend.tech is positioned as a Web3 paid knowledge and communication platform, while Farcaster is more like the Web3 version of Reddit or Tieba.
6. Although both have speculative attributes, Friend.tech is more inclined to speculation, while Farcaster focuses more on community incentives and exchanges.
7. In the long run, Farcaster has relatively stronger potential and user stickiness.
-----Current information is provided by OwlSync AI intelligent aggregation information platform
