TL; DR
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Friend.Tech is a platform that essentially lets you sell access to your DMs to your followers.
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The app’s daily revenues are down more than 95%, from a peak of $840,000 on August 21 to just $80,500 on Sunday.
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That might mean the developers behind the app need to innovate and add more features to keep users engaged… it might mean building a new product; OR it could mean that’s not the case everything in our life should be the subject of financialization.
Full story
did Friend.Tech just having its ‘frozen yogurt moment’ (it used to be everywhere → not anymore)?
ICYMI: Friend.Tech is a platform that essentially lets you sell access to your DMs to your followers.
They buy one of your ‘stocks’ (later renamed ‘keys’) → gain access to your DMs → and can later sell their purchased shares (possibly for a profit).
Either way, new data shows that the Friend.Tech hype train is coming to an abrupt halt.
The app’s daily revenues are down more than 95%, from a peak of $840,000 on August 21 to just $80,500 on Sunday.
What exactly does this mean?
It could mean that the developers behind the app need to innovate and add more features to keep users engaged…
It could mean turning them around and building a new product together.
(Crazier things have happened: Slack was a gaming company before it became everyone’s favorite office chat tool).
OR
It could mean that’s not the case everything in our life should be the subject of financialization.
…and that selling ‘stocks’ of ourselves is a little too close to the plot of ‘The man without legal personality.’
(Even for crypto swords).