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Friend3: Revolutionizing Social Monetization in the Web3 World

June 28, 2024
Altcoins
5 min

In a world where connections often feel fleeting and digital interactions lack depth, Friend3 emerges as a game-changer. Imagine a platform that not only facilitates genuine friendships but also enables you to profit from them in the ever-evolving Web3 universe. Friend3 is revolutionizing the social monetization landscape by introducing customizable pay-per-group communities and a decentralized donation mechanism. This means automated passive income for content creators, effectively closing the loop on the creator economy.

Backed by heavyweights like BNB Chain, OKX, FLOKI, Coin98, and SafePal, Friend3's vision prioritizes individual control, security, and a user-centric experience—with applications ranging from event ticketing to secure digital identities. Ready for the next generation of social media? Dive in and explore how Friend3 is reshaping our online connections.

What is Friend3?

Friend3 is a social decentralized application (dApp) designed to revolutionize how we make friends and profit in the Web3 world. By offering customizable pay-per-group communities and a decentralized donation mechanism, Friend3 enables automated passive income for content creators. This innovation boosts direct financial incentives for creators, completing the ecological loop of the creator economy.

The vision of Friend3 is centered on individual control, security, and a seamless user experience. This extends to various applications, including event ticketing and secure digital identity. With strong partnerships with BNB Chain, OKX, FLOKI, Coin98, SafePal, and more, Friend3 is poised to become the next generation of social media.

Unique Features of Friend3

Friend3 stands out with its unique features that democratize social monetization through Pricing Groups, which incentivize both creators and early members. Here are some of the standout features:

  1. Decentralized Governance: Friend3 offers decentralized governance, allowing community-driven decisions and platform direction.
  2. Data Integrity: The platform ensures data integrity with audited smart contracts.
  3. Customizable Groups: Users can create or join customizable groups, with opportunities for earning through decentralized transactions.
  4. Diverse Token Ecosystem: Friend3 supports a diverse token ecosystem, including tokens like $FLOKI, $C98, $ID, $BAKE, and facilitates community voting to shape future developments.

Friend3 (F3) Token Utility

The $F3 token is the native utility token of the Friend3 ecosystem, serving multiple purposes:

  1. Access Control: Token holders gain access to premium content.
  2. Payment Unit: $F3 is used for in-platform transactions and donations.
  3. Governance: Token holders can participate in key protocol decisions.
  4. Staking: Users can stake $F3 tokens to earn rewards.
  5. Incentives: Rewards for contributions like content creation.
  6. Ecosystem Development: Integration with DeFi protocols.
  7. Transaction Fees: Reduced fees for $F3 holders.

Tokenomics and Distribution Model

The total supply of $F3 is 1 billion, with a gradual release over 72 months. The initial circulating supply (including liquidity) was set to 56,250,000 $F3, representing 5.625% of the total supply. The token distribution is as follows:

  1. Seed Round (4.5%): Reserved for early strategic investors, including VCs, strategic partners, and individuals.
  2. Public Round (7%): Allocated to strategic collaborations with Tier 1 launchpads.
  3. Early Contributor Rewards (4%): Incentivizing users who engaged with the initial Friend3-BNB beta (Friend3 Epoch Campaign).
  4. KOL Round (2%): Dedicated to global KOLs and influencers in strategic partnerships.
  5. Liquidity (15%): Unlocked based on market liquidity needs.
  6. Incentives (35%): Set aside for ecosystem incentives, with future use determined by the $F3 holder-governed DAO.
  7. Team (7.5%): Allotted to team members, unlocked based on the achievement of KPIs aligned with project milestones.
  8. Marketing (15%): Earmarked for market expansion efforts, with specific allocations governed by the $F3 holder DAO.
  9. Ecosystem (10%): Earmarked for ecosystem development, with specific allocations governed by the $F3 holder DAO.

Revenue Streams

Friend3's revenue streams include:

  1. Transaction Fees: A 5% fee on ticket sales for pay-per-group communities.
  2. Donation Fees: A 5% fee on donations within groups.
  3. Ad Revenue: Future incorporation of an ad-based revenue model.
  4. Future Protocols: Development of new protocols to enhance revenue and functionality.

Where to Buy Friend3 (F3) Tokens

Friend3 is available on Gate.io and MEXC. For those new to cryptocurrency, you can read more about how to enter the market and how to buy Friend3 or any other token in the CoinMarketCap education portal—Alexandria.

Related Pages

Market Data

Here are some key statistics about the Friend3 token:

  • Current Price: $0.0414
  • Market Cap: $0.00
  • 24h Price Change: 25.44%
  • 7d Price Change: 21.46%
  • 30d Price Change: 84.44%
  • 24h High: $0.0448
  • 24h Low: $0.0317
  • All-Time High: $0.0944 (2023-12-22T15:29:00.000Z)
  • All-Time Low: $0.0191 (2024-02-16T13:58:00.000Z)
  • Circulating Supply: 0.00
  • Total Supply: 1,000,000,000.00

The Team Behind Friend3

The Friend3 crypto token is backed by a team of dedicated professionals with diverse backgrounds and expertise in the blockchain and relevant industries. Here are some of the core team members:

  1. Joseph Cheung: A prominent figure in the Friend3 team, with a strong background in technology and entrepreneurship. He has extensive experience in building and scaling successful projects, making him an invaluable asset to the Friend3 team.
  2. Stev Chan:
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In a world where connections often feel fleeting and digital interactions lack depth, Friend3 emerges as a game-changer. Imagine a platform that not only facilitates genuine friendships but also enables you to profit from them in the ever-evolving Web3 universe. Friend3 is revolutionizing the social monetization landscape by introducing customizable pay-per-group communities and a decentralized donation mechanism. This means automated passive income for content creators, effectively closing the loop on the creator economy.

Backed by heavyweights like BNB Chain, OKX, FLOKI, Coin98, and SafePal, Friend3's vision prioritizes individual control, security, and a user-centric experience—with applications ranging from event ticketing to secure digital identities. Ready for the next generation of social media? Dive in and explore how Friend3 is reshaping our online connections.

What is Friend3?

Friend3 is a social decentralized application (dApp) designed to revolutionize how we make friends and profit in the Web3 world. By offering customizable pay-per-group communities and a decentralized donation mechanism, Friend3 enables automated passive income for content creators. This innovation boosts direct financial incentives for creators, completing the ecological loop of the creator economy.

The vision of Friend3 is centered on individual control, security, and a seamless user experience. This extends to various applications, including event ticketing and secure digital identity. With strong partnerships with BNB Chain, OKX, FLOKI, Coin98, SafePal, and more, Friend3 is poised to become the next generation of social media.

Unique Features of Friend3

Friend3 stands out with its unique features that democratize social monetization through Pricing Groups, which incentivize both creators and early members. Here are some of the standout features:

  1. Decentralized Governance: Friend3 offers decentralized governance, allowing community-driven decisions and platform direction.
  2. Data Integrity: The platform ensures data integrity with audited smart contracts.
  3. Customizable Groups: Users can create or join customizable groups, with opportunities for earning through decentralized transactions.
  4. Diverse Token Ecosystem: Friend3 supports a diverse token ecosystem, including tokens like $FLOKI, $C98, $ID, $BAKE, and facilitates community voting to shape future developments.

Friend3 (F3) Token Utility

The $F3 token is the native utility token of the Friend3 ecosystem, serving multiple purposes:

  1. Access Control: Token holders gain access to premium content.
  2. Payment Unit: $F3 is used for in-platform transactions and donations.
  3. Governance: Token holders can participate in key protocol decisions.
  4. Staking: Users can stake $F3 tokens to earn rewards.
  5. Incentives: Rewards for contributions like content creation.
  6. Ecosystem Development: Integration with DeFi protocols.
  7. Transaction Fees: Reduced fees for $F3 holders.

Tokenomics and Distribution Model

The total supply of $F3 is 1 billion, with a gradual release over 72 months. The initial circulating supply (including liquidity) was set to 56,250,000 $F3, representing 5.625% of the total supply. The token distribution is as follows:

  1. Seed Round (4.5%): Reserved for early strategic investors, including VCs, strategic partners, and individuals.
  2. Public Round (7%): Allocated to strategic collaborations with Tier 1 launchpads.
  3. Early Contributor Rewards (4%): Incentivizing users who engaged with the initial Friend3-BNB beta (Friend3 Epoch Campaign).
  4. KOL Round (2%): Dedicated to global KOLs and influencers in strategic partnerships.
  5. Liquidity (15%): Unlocked based on market liquidity needs.
  6. Incentives (35%): Set aside for ecosystem incentives, with future use determined by the $F3 holder-governed DAO.
  7. Team (7.5%): Allotted to team members, unlocked based on the achievement of KPIs aligned with project milestones.
  8. Marketing (15%): Earmarked for market expansion efforts, with specific allocations governed by the $F3 holder DAO.
  9. Ecosystem (10%): Earmarked for ecosystem development, with specific allocations governed by the $F3 holder DAO.

Revenue Streams

Friend3's revenue streams include:

  1. Transaction Fees: A 5% fee on ticket sales for pay-per-group communities.
  2. Donation Fees: A 5% fee on donations within groups.
  3. Ad Revenue: Future incorporation of an ad-based revenue model.
  4. Future Protocols: Development of new protocols to enhance revenue and functionality.

Where to Buy Friend3 (F3) Tokens

Friend3 is available on Gate.io and MEXC. For those new to cryptocurrency, you can read more about how to enter the market and how to buy Friend3 or any other token in the CoinMarketCap education portal—Alexandria.

Related Pages

Market Data

Here are some key statistics about the Friend3 token:

  • Current Price: $0.0414
  • Market Cap: $0.00
  • 24h Price Change: 25.44%
  • 7d Price Change: 21.46%
  • 30d Price Change: 84.44%
  • 24h High: $0.0448
  • 24h Low: $0.0317
  • All-Time High: $0.0944 (2023-12-22T15:29:00.000Z)
  • All-Time Low: $0.0191 (2024-02-16T13:58:00.000Z)
  • Circulating Supply: 0.00
  • Total Supply: 1,000,000,000.00

The Team Behind Friend3

The Friend3 crypto token is backed by a team of dedicated professionals with diverse backgrounds and expertise in the blockchain and relevant industries. Here are some of the core team members:

  1. Joseph Cheung: A prominent figure in the Friend3 team, with a strong background in technology and entrepreneurship. He has extensive experience in building and scaling successful projects, making him an invaluable asset to the Friend3 team.
  2. Stev Chan:
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