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/biz/ - Business & Finance


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56322675 No.56322675 [Reply] [Original]

> "Stars Arena, an iteration of FriendTech, offers tokens for purchase, granting access to individual chat rooms. These tokens typically follow a bonding curve, increasing in price as more users acquire them. Transaction fees on such platforms are relatively high, with FriendTech imposing a 10% fee on each transaction, divided between the app and the platform’s owner."

with each cycle, the greater fool funnel gets more sophisticated and structured. even now we see the coins that pump are those that are being shilled on xitter or telegram by large accounts.

the final stage appearing now is to make the social-app itself the crypto and only by invitation or by purchasing a certain amount of shitcoins can you participate in the casino.

>> No.56322695

There's nothing sophisticated about friend.tech. it's classic solution in search of a problem.

>> No.56322711

>>56322675
>>56322695
These are just pajeet scams, no tech.

>> No.56322714

>>56322675
Yes interesting development but bad for us.
I remember pregnant butt or later where i did miss the dog bat, these were biz coins that found lots of greater fools elsewhere.
But with that the twatter influencers that were already on top of the food chain get stronger again, now they can not only dump on followers but get directly paid by them. Crypto almost exists now to make these rich. Also airdrop always look to give them a lot so they shill.

>> No.56322721

>>56322675
friend.tech is just classic MLM pyramid

>> No.56322722

>>56322695

>solution in search of a problem

99% of crypto outside of Bitcoin right now