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Friend.tech Becomes Massive Ether Money Machine as NBA Players, FaZe Clan Join In
The newest crypto “killer app” seems to be social tokenization protocol Friend.tech, and it has proven to be an absolute money printer for developers so far. Friend.tech, which lets X, formerly Twitter, personalities issue shares on its app for access to a closed group chat, has made over $1.04 million in fees, set at 5% of the value of each transaction. over the past 24 hours. That’s banked the platform some $709,000 worth of ether in revenue (what the platform takes after paying out gas fees and other costs), data from DefiLlama shows. This is right behind the Ethereum blockchain, which made $3.33 million in ... (full story)