Friend.tech Good Opportunity For Users Or Scam?
Here we are going to talk about friend.tech because it is getting hype in the market. This is a Ponzi scheme or not? we are going to discuss it in this post. When I heard the concept of this project the first thing that came to my mind is the MLM scheme and MLM scheme means scam. But then after some time, I have seen that this project is getting hype. it gets 1 million transaction fees volume between people and this is huge. After seeing this hype many users created accounts there
The reason behind the hype is the airdrop. You have to refer 3 friends and do some activities and you will receive some points. These points will convert in the form of an airdrop or you can use them for multiple purposes and they are not given details regarding this. You have seen lots of airdrops and the process was almost similar for all of them. If you join this platform and buy or sell the shares of people then you will become a part of the reward pool and they are distributing tokens every Friday. So this is the no. 1 use case of a friend.tech.
People have hopes in shares buy and sell. Recently some big Twitter handles shared tweets regarding this project and the hype increased more. When creators join this for example I am joining this platform. As soon as I join it, as a creator, I have to buy my share that price is not that much high. When you join it people will search for and buy your share and hold for some time because they have hope that you are new and you will promote this platform. The value of your share keeps increasing when more people buy it. And let's say you got 10-11 buyers who are holding your share then the value will reach almost 0.05 ether.
The concept is very good because whenever people buy or sell shares, the trading fees will credit to the creators. One more good thing is whoever buys my share, will be directly connected as a community, and we can chat with each other. So that means the creator can make services for holders. For example, suresh, mahesh, and ramesh bought my share so I can add value by providing service to my shareholders. Now here it works like MLM because the person who buys this in the last will lose the money here.
So now it is up to you that you call it a Ponzi scheme or scam scheme but it is getting good hype in the cryptocurrency market. Like trading, the right time entry and exit is important, This MLM scheme has the same scenario. The only strategy you need to follow is finding the best creators and you can use Twitter to do it. If you get some decent new creator shares, you are going earn amazing money in the next 10 days. You don't need to invest a big amount to earn money. So this can be done. So what is your point of view on this project, let me know in the comment section, and also share this post on social media. Have a good day.
Thank you, everyone.
Lucky Ali
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 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested to learn new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |
Posted Using LeoFinance Alpha
Hmm, well thanks for sharing
The project sounds cool, there are different influencers preaching alot of thing about it already just like meme coin toward the bull of the market. I perceive legal issues latter cause why will you monetize someone's Twitter without their permission, essentially. It's a cool idea but many issues will arise
But, how do you sell your shares? Because I can see buying aspect of it. Before you can buy there must be a convincing way to sell
I am not a member here so I don't know how you can sell your shares. I decided to share this post because of the hype. thanks for the valuable comment.
Yeah,that's quit understandable and I appreciate it.
I visited fiend.tech on a PC - it shows nothing, but push me to "install app"
I visited fiend.tech on my mobile - it shows nothing, but push me to "make us homepage"
What a nonsence. 100% deal breaker.
it's a friend.tech 😆 and maybe it is a ponzi scheme.
I just checked this video on YouTube
My gut feeling is not to try it!
Thanks for mentioning this video this type of explanation is helpful for users who want to try it
Hi Bro I also from india but as post yiur blog is really nice content. I was been like more 2 passage content
thanks buddy
Very informative post brother. Keep up the good work:)
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