Friend.tech Debate: Innovation or Implosion? | Ansem

In today's episode, Ansem joins us to dive into Friend.Tech, Crypto twitter's latest hot narrative. The discussion dives into Friend.Tech, a Base chain native app that allows users to create and trade tokens associated with their online profiles. They explore how Friend.tech enables trading of personal tokens and its potential impact on independent artists, debate its ethical considerations, and future potential of social tokens. 

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Timestamps:

(00:52) Friend.Tech Explained

(15:24) Friend.Tech Social Betting Model

(22:57) Friend.Tech Bull Case

(26:41) Bear Case

(33:23) Speculation vs Fandom

(37:55) Permissionless ad

(39:23) Social Token Price Manipulation

(45:49) Will Social Tokens Cause Harm?

(48:40) Airdrop Point System

(51:34) BitClout VS Friend.Tech

(53:17) Social Token Exit Plans

(01:00:34) Social Fractionalization

(01:02:42) L2 Wars

(01:09:22) Stock Ownership

(01:16:24) Fan Base Monetization

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Resources

Friend.Tech

https://twitter.com/friendtech

https://www.friend.tech/

BitClout

https://bitclout.com/

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.