Unlike its peers, the Friendtech airdrop is more than a promotional event; It is a pathway to governance and potential monetary value within the platform. We have compiled all the details on how to get AirDrop for you…
The Friend.tech airdrop distributes points to users every Friday during the current beta phase. These points will not only be rewards, but will also be converted into governance tokens at the end of the beta period. So, how to get Friend.tech AirDrop?
Users can participate in the airdrop by interacting with the platform, trading “shares” and following certain guidelines provided by the platform. This airdrop happens at regular intervals, such as the notable “Friday Points Airdrop” which is part of the six-month beta period with major distributions.
It is useful to remind again; Points received through the airdrop will turn into governance tokens after the beta phase. These tokens will give users voting rights over platform decisions and may carry monetary value in the future. Friend.tech, on the other hand, emphasizes “ethical interaction”. Users are therefore encouraged to interact naturally with the platform and any manipulative behavior may result in disqualification from the airdrop.
How to use Friend.tech?
As a new Web3 app, you have a few steps ahead of you to join the platform and start trading Friend Keys:
- Prepare Your Wallet: Create a Web3 wallet (eg MetaMask) and add Base to your supported networks. Bridge ETH to Base using a trusted bridge.
- Get Beta Access: As Friend.Tech is in beta, get an access code by following popular influencers on Crypto Twitter or interacting with official Friend.Tech channels.
- Set Up Your Account: Visit Friend.Tech on your mobile device, add the app to your home screen and set up your account by sending ETH to your Base deposit address.
- Trade and Interaction: Explore the platform to buy and sell “shares” of users and provide unique social interactions such as private messaging through share trading.
- Participate in Events: Stay informed about weekly airdrops and other community events and participate according to guidelines.
Who founded Friend.tech?
Friend.tech was started by two aliases of crypto enthusiasts known as 0xRacer and Shrimp. Although their identities remained confidential, their innovative platforms attracted great attention. Venture firm Paradigm, known for its strategic investments, further strengthened its credibility by financing Friend.tech.
While the exact location of the team has not been made public, there is speculation that they operate outside of the United States. This eventuality means that Friend.tech will be subject to US-based regulations, increasing the platform’s security and reliability.
In a proactive move to comply with regulatory compliance, the platform recently switched from offering “Friend Shares” to “Friend Keys”. This strategic shift is seen as the SEC’s effort to overcome potential securities challenges and reflects the team’s commitment to regulatory compliance and the platform’s long-term success.
