Rapid Insights: friend.tech Sees Engagement Soar

Friend.tech is a mobile-only social application on Base that enables users to trade “keys” of other users with a connected Twitter (now known as X) account. Keyholders of a particular user are granted access to a gated chat.

The pricing of keys on friend.tech is based upon an exponential bonding curve. With each purchase, the circulating supply of keys increases, while the price of subsequent keys of that user increases at an exponential rate.