JamFrens vs Other SocialFi Platforms

Yes, JamFrens is MORE and BIGGER.  So what exactly differs JamFrens from Friend.tech and the different forks?

Built on Decentralized Social Graph

  • Ownership of Social Profile & Social Capital

    With centralized platforms being able to make changes as and when they like, it would not be ideal to rely on a centralized platform to act in your best interest especially when monetization comes into play. There's always the possibility in which centralized platforms could take certain measures in trying to shut out these SocialFi platforms building on their centralized social graph especially when they feel that they do not get a sufficient “slice of the pie”.

  • Organic Social Graph

    There are other forks in which you can post content on a feed. They incentivize you with points or airdrops, but take a moment to think - Is this social activity organic? Being based on Web3 social platforms such as Lens Protocol and Farcaster, where the social graph built there is real and organic, JamFrens is looking and focusing on the longer term perspective.

With JamFrens, we will enable users to actually visualize why we are BUIDLing on Web3 Social, and with visualization, we will enable creators, and regular users themselves to actually want to come onboard, leading to mass adoption. There are certain innovations and use cases only available in Web3 Social. Ownership and total control of a social profile might not be important to a regular user who does not place much emphasis on decentralization, but bring the “Fi” aspect to it, they will realize the different ways they can use their social capital, only made possible in Web3 Social.

Tokenization Enables a Whole New Ecosystem

  • Open and Transparent

    With your social capital connected to an actual social profile, verifiable on-chain, users can be sure that the “keys” that they are holding are actually owned and are in total control by the social profile. It is transparent and whatever fees these profiles accumulated can only be claimed by the real user behind the profile. Assets are not created “out of thin air” as compared to these forks, where you are relying on these platforms building on centralized social graphs to build your social capital safely and in a transparent manner.

  • Unlimited Use Cases

    Due to keys being an ERC-721 Token, developers and applications can BUIDL different products alongside with JamFrens, thus enabling different and unique utilities for keys. With assets being tokenized and fully under control by the user themselves, developers and apps can build on JamFrens to introduce interesting products such as gated rooms, DeFi products such as lending/borrowing platforms with keys as collateral and many more.

Furthermore, these keys are also available to be traded on the open market like Opensea! It is not limited to JamFrens, and your Social Capital is there in full control of the social profile at all times! The only limitation is your imagination, and we encourage everyone who has innovative ideas to BUIDL alongside us, growing the whole ecosystem together .

Fully Focused on The Creator Economy NOT Solely on Influence

  • Emphasis on “Creators” not “Influencers”

    As long as you like the content you see on the feed within the JamFrens App, you can buy the creator’s key to support them! We have various tabs to view feeds, which gives the chance for ALL creators to monetize their content effectively, not only those with significant influence. They also do not have to feel the need to provide repetitive content in a room service, just because they feel obliged to the key holders. They can continue posting as per normal, and the only thing they need to do is to activate their social profile on JamFrens.

  • Content Discovery

    Due to any user being able to discover any creator as long as they are posting, without buying their key to be in their room, this supports content discovery and we are integrating Tako Protocol’s technology to enable more accurate and precise matching of content to a creator’s target audience.

By allowing creators who are consistent in posting content within decentralized socials, they will be shown more within the feed and thus encourages creators to be active on Web3 Social. All creators have a chance to be seen and discovered by audiences on the app.

In other thoughts, being based on a centralized social graph is the key difference why friend.tech cannot scale and enable more utility for key holders. It will come to a point where once the speculative aspect dies down, so will the activity within the platform slowly fade out. Needless to elaborate, being based on Twitter/X has significant risks due to the many restrictions these centralized platforms can suddenly put on friend.tech.

In future plans, JamFrens plan on using gamification to attract and retain users. Upcoming are various utilities for keys within the app itself, and this will ensure that users have a fun experience within the application itself, which also fosters more interesting and engaging interaction between creators and their audiences.

JamFrens is also working on allowing creators/influencers to customize and choose the mechanism in terms of the pricing and supply of keys which best suits their needs. Many keys of good creators went stagnant due to the insufficient incentives in holding a key on friend.tech and other forks not attractive enough for new and current holders. We will allow more interesting ways in which you can interact with your favorite creators/influencers on JamFrens, and also the other key holders. JamFrens will be a true SocialFi App.

JamFrens emphasis is on the community, and updates will be based on community voting which we deem as a better way to grow and improve our whole ecosystem. If you believe in Web3 Social and the SocialFi Narrative, then there's no better place to be than in #JamFrens. Let’s BUIDL Web3 Social together!

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