This chapter discusses the emerging popularity of Friend Tech, a blockchain app similar to Big Clout that allows users to buy access to private chat rooms. They explore its transaction volume, fees earned, and notable users like FaZe Banks.
The NIA boys discuss Friend Tech, App Store vs. Crypto, Community Notes, ARM IPO, and much more.
Timestamps:
(00:00:00) - Intro
(00:00:41) - Meme of the Week
(00:05:31) - Friend.tech Overview
(00:14:41) - Assigning Monetary Value to Social Capital
(00:20:17) - App Store vs. Crypto
(00:31:52) - OpenSea Removing Royalties
(00:47:35) - How Community Notes Works
(00:50:15) - Vitalik on Community Notes
(01:03:15) - ARM IPO
(01:15:13) - The Malleability of Social Reality
What Is Not Investment Advice?
Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.