Web3 Social: Can Friend.tech Disrupt Traditional Social Platforms?
The decentralized social protocol Friend.tech has gone viral with its 'Keys' economic model, allowing users to profit from tokenized influence. However, concerns over data privacy and token speculation have sparked debate. Similar projects, like Lens Protocol, focus more on the sustainability of on-chain identities. Web3 social needs to balance user experience with decentralization ideals; in 2024, the first DApp with over ten million users may emerge, challenging the dominance of Twitter and Telegram