Turning Social Interactions into Assets: The Innovative Model of nofriend.tech

In the development of Web3 social networks, an asset-first rather than an ideology-first approach is gradually gaining attention. An emerging platform, nofriend.tech, is based on this concept and is dedicated to transforming users' social relationships into quantifiable assets.

The core concept of nofriend.tech is "interests are eternal," which believes that there are no eternal friends or enemies in social relationships. The platform proposes a unique token distribution model that allows users to convert friendships into token rewards ($FT) and receive these tokens instantly.

It is worth noting that nofriend.tech plans to directly airdrop 5% of its total supply to users of a certain social platform. At the same time, the platform also includes mining features, allowing users to earn $FT by staking tokens. Additionally, users can participate in voting during the mining process to support their favorite opinion leaders, thereby participating in the platform's collective decision-making.

This model of transforming social networks into assets provides users with new avenues for value creation. Users can not only gain economic returns through daily social interactions but also participate in platform governance and influence future development directions.

However, this model also faces some challenges. The primary issue is how to monetize social relationships while protecting users' privacy and data security. nofriend.tech needs to establish strict security measures and privacy protection mechanisms to gain and maintain users' trust.

In terms of tokenomics, the $FT token of nofriend.tech plays a key role. Its distribution scheme is as follows:

• 35% for platform airdrops
• 20% for liquidity mining
• 15% for private placement sales
• 10% allocated to the team (unlocked after one year)
• 10% for liquidity pool
• 5% allocated to consultants
• 5% for airdrop to users of a certain social platform

$FT not only serves as a reward mechanism but will also be used for platform governance and various incentive programs. It is worth mentioning that 50% of the protocol fees collected by the platform will be used for the buyback and destruction of $FT to maintain the token's value.

The features of nofriend.tech include:

1. Tokens are distributed in real-time, and users can receive rewards immediately after registration.
2. Provide special airdrops for users of a certain social platform.
3. Implement a token buyback and burn mechanism to maintain the value of $FT.

Overall, nofriend.tech offers an innovative social assetization model that creates new avenues for value acquisition for users. However, the platform still needs to continuously improve in areas such as user privacy protection, data security, and long-term sustainability to ensure its healthy development in the Web3 social space.