Friend.tech imposes penalties on fork users amid revenue slump
Friend.tech, a decentralized social media on the Base blockchain, has announced punitive measures against users who opt for forks or copycat versions of its platform. The official Friend.tech X account had tweeted on Aug. 28 that users migrating to forked or copycat versions would automatically be disqualified from earning “reward points.” They would also lose any points they had previously accumulated. However, the tweet has since been deleted. Deleted tweet from Friend.tech on Aug. 28. The platform has been airdropping these reward points to its beta testers weekly, with plans to distribute 100 million points over six months. However, the team has been cryptic about the ultimate utility of these points, stating that they “will have a special purpose” once the app is officially launched. Speculations are rife, with some expecting these points to be converted into governance tokens for the Friend.tech platform, while others see potential financial ...