The social platform friend.tech has supported an initiative aimed at changing the approach to token management.
According to a post on X (formerly Twitter), friends.tech investors have agreed to give up the right to sell tokens to users.
The project will also have its own currency, which will be managed by platform visitors, the team said in a statement.
Most subscribers supported the new approach to asset management. A user under the pseudonym antho1404.eth stated that “blockchain identity and social ownership are critical to empowering users in the digital world.”
The project team did not provide detailed information about what the new currency will be called and when it will become available to friend.tech clients. In February 2024, the developers announced a possible airdrop amid a 99.9% decrease in activity.
