Friend.tech Gaining Momentum | Crypto Daily Digest Aug. 22
The latest update you need to know about Friend.tech
After Paradigm announced its partnership with Friend.tech, the new social app volume has gone parabolic with over $60 million. Creators pocketing 5% ($3M) in royalties and the protocol earning 5%($3M) in fees. There are now 91000 unique buyers and 35880 unique sellers on the platform, total transactions is now over 1.67 million.
Non-crypto influencers are entering the platform. FaZe banks (a youtuber with 2.4 million followers on Twitter), Gracie Hartie (OnlyFans), and Grayson Allen all entered the friend.tech leaderboards last weekend. Crypto-native artist, Beeple, creates a 3D animation featuring the social platform (as you see in the front pic).
Derivative platform Aevo has launched FRIEND-PERP, allowing users to long/short the market cap of friend.tech accounts. Foobar, a popular solidity developer, released a Friend Share tokenization wrapper, allowing people to fractionalize friend shares into ERC20 tokens.
Today's Market<figure class="image"> <figcaption> Source： TokenInsight Gainers and losers </figcaption> </figure>
Coinbase Takes Equity Stake in $USDC Issuer Circle
Lawyer: Friend.tech's "Shares" May Draw US SEC to Step in. Friend.tech Renamed Shares to Keys
NFT Market Frozen, Volume and Price Continue Drop
Other News in Case You Missed it:
Aevo Launched an Index Perps for Market Cap of Accounts on Friend.tech
Binance Labs Invests in Infrastructure Provider Delphinus Lab
Cross-Chain Project Connext to Airdrop $NEXT Token in September
Binance Futures Launches Copy Trading
Rarible to Stop Aggregating Orders from OpenSea, LooksRare, and X2Y2
Crypto Lending Platform Maple Finance Raises $5M Co-Led by BlockTower Capital and Tioga Capital
Privacy Protocol Elusiv Launches Private Token Swap Feature
EigenLayer Increases LST Restaking Cap
SBF Pleads Not Guilty to Fraud and Money Laundering Charges Again
What's New from TokenInsight？
Memecoin Playbook: How to Spot and Trade Memecoins - What's the deal with memecoins? Which one should you buy? How do you manage trading risks? This guide will clear things up for you in just 15 minutes.
Top Telegram Bots for Cryptocurrency: This article will provide a brief overview of various projects related to Telegram bots, categorizing them to help you quickly understand the functionalities of these bots.
Reshaping the Crypto Landscape: U.S. Seeks Dominance through New Legislation: Is cryptocurrency regulated? Bitcoin emerged in 2008, so why hasn't the United States established a comprehensive regulatory framework by 2023?
TokenInsight Product Guide
How to Download Cryptocurrencies and Exchanges' Historical Data Using TokenInsight For Free?
How to use the TokenInsight API to obtain cryptocurrency rating data?
How to Import TokenInsight Cryptocurrency Data into Google Sheets?
Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.
You may also like
The New Narrative of Inscription — Under the Support of Different Ecosystems
This article provides a comprehensive exploration of the dynamics in the field of Bitcoin inscription, offering insights into the future development of inscription empowered by the ecosystem.
Redefining Undervalued Crypto Assets - Noahswap, the Next Uniswap in Asia
As the world's first crypto assets compounding platform focused on Undervalued Crypto Assets, Noahswap is dedicated to providing solutions for undervalued asset holders to help mitigate their investment losses. How does Noahswap stand out from regular DeFi protocols? Let's take a look together.
Kernel Ventures: Exploring Data Availability — In Relation to Historical Data Layer Design
Blockchain is moving towards reducing data redundancy as well as multi-chain division of labor. This article explores the existing DA Solutions and Historical Data Layer Design.