friend.tech

175 reviews, 13% of them positive.13% positive · 175 reviews· Influence factor 145, above 29% of accounts

The record

From 31 activities · Apr 2026

Friend.tech launched as a promising SocialFi experiment allowing users to trade keys to private chat rooms tied to X accounts, generating $1M in fees daily at peak. The project rapidly collapsed due to poor execution, privacy leaks exposing over 100k wallet addresses, bot exploitation, and leadership abandonment—the team extracted $44M in fees while the platform froze. Critics describe it as a fee extraction and ponzi-like scheme that prioritized influencer dumping and short-term speculation over sustainable community value, leaving users disappointed after initial hype faded to a ghost town.

What people say

Received · 175 Given · 0

“con lo que prometia”Proyecto social innovador que prometia mucho pero que el ponzi duro muy poco , del que yo no supe escapar a tiempo aunque saque beneficio , leccion aprendida

juan+ · 1292· 2mo ago · negative0

“Great initial concept, but completely ruined by poor execution and team abandonment.”Friend.tech kickstarted the SocialFi movement on Base with incredible momentum, but its demise was swift and inevitable. The lack of meaningful product updates, continuous bot exploitation, severe privacy leaks, and an erratic leadership team led by Racer ultimately destroyed user trust. Extracting millions in fees while abandoning the platform post-token launch left the entire community holding the bag. A textbook example of how not to manage a Web3 product.

Sunil Singh Gera - Tabi 🟧 (✸,✸) · 1162· 3mo ago0

“on of the most useless project”friend tech is worst project ever on Base rugpull energy from day 1 but somehow still breathing devs cashed out keys faster than you could say social fi community went from 100k daily users to 12 farmers arguing in the tg every “revival” tweet hits like a dead cat bounce on life support paid influencers shilling it in 2024 like it’s not already a graveyard Base deserved better than this mid-tier Twitter clone with extra steps Absolute zero utility max cope Next

Namiost | 🐂🀄️ · 1266· 4mo ago · negative0

“Disappointing Experience on Friend.tech”i was very disappoint with Friend.tech. The app's concept sounded intersting at first, but the overall experence felt confusing and overly focused on speculation rather than meaningful social interection. The user interface is not very intuitive, making it difficult for new users to navigate and understand how everything works.

Aminul (❖,❖) | $XAGE · 1270· 5mo ago · negative0

“They were almost there..”They could have become something really relevant in crypto, and that damn founder has to abandon it so suddenly. The mass were having fun, and the hype was there. If only they continued it, it would’ve probably replaced Twitter hehe..

Musky · 1295· 5mo ago · negative0

“Nền tảng lừa bịp”Một trò chơi ponzi mạng xã hội quá rõ ràng, nhưng vẫn thu hút được một số đông những người nhẹ dạ từng nghe theo nhiều KOL tai tiếng của Việt Nam, những người có lẽ đã nhận kha khá tiền để shill bẩn trò ponzi vô nghĩa này.

Guts.Btc · 1231· 5mo ago · negative0

“Typical scam”They didnt developed something new and dissapointed their community

Denis The Sined · 1293· 6mo ago · negative0

“bade”

amir Dackie · 1215· 6mo ago · negative0

“friendtech - Dead Hype Relic”@friendtech feels like a total ghost – zero recent activity, no tweets worth seeing, just a stale profile collecting dust. The old social token buzz crashed hard and never recovered, leaving it irrelevant in a space full of better plays. Skip this one; it's a reminder of failed experiments dragging down feeds.

(❖,❖) DUDU.base.eth · 1347· 6mo ago · negative0

“From hype to collapse, inside story of Friend.tech”Big buzz, but really no fairness on the backend. Friend.tech had a strong start, garnering attention throughout the space, but the momentum didn't hold. Once they gave up on their blockchain route and took away fees, engagement plummeted. Friend token was decimated, developers lost interest and the excitement fizzled almost overnight That appeared to be a breakthrough concept at first but then you could see things going wrong. The system was heavily weighted in favor of insiders, bots took over the flow and big players overwhelmed small users

Marco.eth 🐏 · 1252· 7mo ago · negative0

“Nice experiment but that failed miserably”FriendTech was an interesting early socialfi experiment. Before it there were others like Steemit and Bitclout, but none achieved the mindshare and TVL as big as friend tech. Not sure what exactly went wrong, but one day we wake up and the experiment is closed. Good thing is that they at least setup a way to withdraw our funds via contract. And off course that it inspired the creation of Ethos network to some extent.

Siddartha Gupta · 1344· 7mo ago · negative0

“Good idea, but mostly a grift for KOLS”With friend.tech you bought keys that gave you access to content posted by your favourite crypto twitter influencer on their friend-tech platform. The keys could be bought and sold in similar fashion to your favourite cryptocurrency. It was a good idea, but ultimately it benefited influencers who would buy a tonne of their own keys on sign up and then sell them after they had pumped - max extraction. The content you actually received from the influencers was very measly if not non-existent.

𝙃𝙖𝙯𝙢𝙪𝙪𝙩 🔴🐢🔆 · 1379· 7mo ago · negative0

‹ Back168 of 175 · most upvoted firstMore ›