Friend.Tech: Future of SocialFi or Ponzi Scheme?

Just when you thought SocialFi was going quiet - the Friend.Tech revamp has once again started making headlines. On May 4th, Friend tech finally launched their V2 upgrade. So what exactly has improved compared to Friend.Tech v1, and is it too late to re-join what some still consider a ponzi?

By: Jack Dunham • Loading...

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Just when you thought SocialFi was going quiet - the Friend.Tech revamp has once again started making headlines. On May 4th, Friend tech finally launched their V2 upgrade after users had been eagerly awaiting the airdrop, which uniquely allocated 100% to the community.

The project managed to temporarily recapture the limelight with their fumbled token launch which traded as high as $169 before collapsing back down to around $2.

New Features like key drops, Memeclubs, and pinned rooms are expected to radically improve the SocialFi landscape, and within just a few days, over 100,000 clubs have already been created. So what exactly has improved compared to Friend.Tech v1, and is it too late to re-join what some still consider a ponzi?