Bankless@bankless·Jun 04

From friend.tech to fantasy.top, SocialFi is bleeding users.

www.bankless.com/socialfi-slump

  • stani@opbnb·Jun 11

    😀

    0
    • If a platform can not generate revenue except collecting money from members, surely it will become a Ponzi sooner or later. Farmers farm the projects and jump to next one. This became the nature of SocialFi.

      1
      • Ayush#0x01f1b8·Jun 07

        Yo

        1
        • @nadiahameed123·Jun 07

          Amazing project

          1
          • @dmark·Jun 07

            Good

            1
            • d3rwisj@d3rwisj·Jun 05

              To be honest, I declared friend.tech a loser from the get-go... To me it was very obvious the only narrative that onboarded users was airdrop-farming. Till this day still similar projects launching on different chains. Same future prospects in my honest opinion. Crap-Reset projects I call them. SocialFi is not dead, but use-cases are a definit necessity to take into account. There are some of that. My tip; if it looks and smells like friend.tech, it's probably friend.tech. Dump it, because you'll probably spend a good amount of time on it, better spent elsewhere... Winkwink

              4
              • Not surprising, these dopamine hitters cool off when the dopamine stops hitting ;D

                3
                • Amir Tirgar@peerless·Jun 05

                  🙏😍

                  2
                  • @salmine·Jun 05

                    Friend tech is sh*it

                    3
                    • 🥰

                      2
                      • DeFinn@definn·Jun 05

                        Friend tech never had a point, pure pyramid model.

                        7
                        • Gameyongx@gameyongx·Jun 05

                          Noted.

                          2
                          • Paulmoses@paulmoses·Jun 05

                            We are really bleeding out

                            2
                            • fouyou@biiubiuy·Jun 04

                              uwishoa

                              2
                              • Interesting read 😊

                                2