Article • 12 months ago
AMLBot Report Highlights Friend.tech as an Investment Opportunity in the Crypto Industry
Summary
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Main Takeaways:
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- Friend.tech, a decentralized social media app, has gained significant popularity and transaction volume, generating over $240.3 million in trading fees.
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- The platform offers the opportunity for users to trade tokenized shares of other users' profiles using ETH, with average returns on investment reaching 127.44%.
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- While the app has experienced rapid growth and success, concerns about its sustainability and potential security vulnerabilities have been raised, with skeptics comparing it to a Ponzi scheme.
