2024-06-09
Friend.tech, a decentralized social media platform, has
announced its departure from Base layer-2 to develop its own blockchain network
called “Friendchain.”
This initiative is a collaboration with Conduit and aims to
use the FRIEND token as a transferable gas token.
The announcement makes FRIEND token 24 hours price surge 10%.
The decision to create Friendchain has sparked mixed
reactions within the community.
While some view it as a natural progression for successful
decentralized applications, others are concerned it might hinder growth by
isolating the platform from established ecosystems like Base and Solana.