📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
nofriend.tech: A Web3 innovative model for transforming social relationships into digital assets
Transforming Social Relationships into Digital Assets: Exploring the Innovative Model of nofriend.tech
In the development of Web3 social networks, a new idea is emerging: treating users' social relationships as quantifiable assets. This approach is no longer limited to ideology but focuses on how to convert social interactions into real value. Against this backdrop, nofriend.tech has emerged, providing users with a platform to convert friendship into token rewards.
The core concept of nofriend.tech is that in social networks, interests are the only constant factor. The platform introduces the $FT token as a digital representation of users' social value. In this way, nofriend.tech aims to redefine the value of social relationships, making them not only emotional connections but also quantifiable and tradable assets.
Unlike other social platforms, nofriend.tech adopts a unique token distribution model. Users can instantly receive $FT tokens without waiting or going through complicated procedures. This instant reward mechanism significantly enhances user engagement. Additionally, the platform offers a special airdrop program for friend.tech users, further expanding its user base.
In the ecosystem of nofriend.tech, the $FT token plays multiple roles. It is not only a reward mechanism but also used for platform governance and various incentive programs. Notably, the platform allocates 50% of the protocol fees for the repurchase and destruction of $FT to maintain the stability of the token's value.
However, monetizing social relationships also brings some challenges. Finding a balance between economic interests and genuine social connections, as well as protecting users' privacy and data security, are all issues that nofriend.tech needs to seriously address.
Overall, nofriend.tech represents a new attempt at a Web3 social network. It views social relationships as quantifiable assets, providing users with a way to convert social interactions into economic value. Whether this innovative model can attract users in the long term, balancing economic incentives with real social needs, remains to be seen.