FriendChips
  • FRIENDCHIPS
  • Friend Tech Ecosystem
  • Introduction to FRIENDCHIPS
    • Goals and Objectives
    • Tokenomics
    • Bonding and Its Significance
    • Staking Rewards
    • Tax System on Uniswap LP
    • Roadmap and Future Developments
  • FRIENDCHIPS Key on Friend Tech
  • Strategies
  • Governance and DAO Implementation
  • Conclusion
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  • Keys within the Friend Tech Platform:
  • The Potential of Social Investment:
  • NFT's v2

Friend Tech Ecosystem

Friend Tech is a revolutionary platform that acknowledges the power of attention in today's digital age. In this ecosystem, content creators, influencers, and individuals with an audience hold a unique position.

Keys within the Friend Tech Platform:

Keys are the entry point into the Friend Tech ecosystem, offering:

  • An innovative way to invest in individuals' social media access

  • Opportunities to win rewards from the Friend Tech airdrop

  • A dynamic marketplace for social stock investments

  • A thriving ecosystem where creators and investors collaborate for mutual growth

The Potential of Social Investment:

Social investment within the Friend Tech ecosystem represents a paradigm shift. It allows investors to engage directly with content creators, musicians, thought leaders, athletes, politicians, and more.

This social stock investment model opens doors to exciting possibilities, empowering individuals to bet on someone's ability to capture attention and for that person to be financially and socially rewarded if they succeed.

NFT's v2

We see Friend Tech as a hugely improved form of community-enabling investment protocol. Like the original vision for NFT’s, but vastly improved due to:

  • Instant liquidity via bonding curve and pooled ETH

  • Tax-driven token structure which rewards those who deliver value to their holders

  • No upfront mint funds for creator/project — so holder/creator incentives are aligned on long-term value creation

  • No preset quantity — constant burn/mint mechanism which scales with demand

But improvements could be made:

  • Enable revenue share for holders. 4/4/2 tax would be a great improvement, with 2% for holders so the community is also incentivized to hold, support, recruit and return value to the Key

  • Reduce the slope of the bonding curve so people don’t get priced out quite so quickly; or

  • Enable tier-based access so that people can still gain financial exposure to a Key of their choice, with social access restricted to the top tier

Incentivizing holders with a share of the tax revenue is a logical step and something we will constantly push for as a large Friend Tech airdrop recipient.

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Last updated 1 year ago