Friend3
Crypto Overview
Purpose and Utility
Friend3 (F3) is a Web3 social platform that aims to facilitate user-to-user interactions through a tokenized social engagement system. The platform enables users to monetize their time and attention by allowing followers to pay for direct interactions with them.
Business Model Analysis
The platform's core functionality revolves around enabling social interactions and content creation, with the F3 token serving as the primary medium of exchange within the ecosystem. Users can earn tokens through genuine social engagement and content creation, while spending tokens to interact with other users.
Real-World Adoption
The platform has shown growing adoption since its launch, particularly among Web3 enthusiasts and content creators. The ecosystem demonstrates active user engagement, though exact metrics are constantly changing.
Platform Development
Friend3 maintains an active development team with regular updates to the platform. The project has maintained consistent development activity, focusing on improving user experience and platform functionality.
Token Distribution and Governance
The token distribution includes allocations for the team, development, community rewards, and public sale participants. The project implements vesting periods for team tokens to align long-term interests.
Crypto Impact
To assign a comfort level investing in Friend3 from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Friend3.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.