Friend3 is revolutionizing social connections in the Web3 space, offering a secure, streamlined, and decentralized platform that advances beyond the current innovations by empowering content creators and enhancing user interaction across all devices. Inspired by the friend-tech model, Friend3 addresses the most significant problems with the most recent innovations as the second-mover, and will diverge right away in development and innovation from immediate competition.

Second mover advantage: Share base idea, address problems & diverge in development and innovation

In this article you will find:

• Friend3.Group Project Introduction

• Friend3.Group’s Improvements & Advantages to Friend.tech Model

• Information on how to sign-up & start using Friend3.Group!

What is Friend3.Group?

Website | Beta (Live on BNB) |  Twitter | Telegram | Audit

The Friend3 dApp, available on Web & Mobile, allows creators and influencers to monetize their social influence and groups in a fully automated and decentralized fashion; while providing them with a safe Web3 environment where they can engage with their followers, community, and friends.

Friend3 is a SocialFi app where true, decentralized monetization of social influence is made possible; using the friend.tech model as a baseline and improving upon it in terms of decentralization, accessibility, security, and wider adoption; addressing several shortcomings the model has as the first MVP-ready second-mover!

Friend3 vs friend.tech — Beautiful Improvements

As the first MVP-ready competitor, Friend3 will make the utmost use of its second-mover advantage. As such, the team has identified key problems in friend.tech design that limited wide adoption, safety, and user control; and addressed these problems in perfect alignment with Web3 spirit!

Decentralization

Although it is advertised as a DeFi Web3 solution, friend.tech grants very limit access and control to its users in terms of on-chain actions:

• friend.tech force-creates a new wallet for each account; the seed phrases & private keys are not provided to the users and the user action is limited to buying and selling of keys. Opaque & Central

• Friend3 on-boards a new user directly via Web3 wallet connection, allowing users Full Access & Control within the SocialFi dApp while automatically recording all activity on-chain. Transparent & Decentral

Adoption & Growth Potential

Any inherent limitation to user growth is lethal to any Social App. Ever wondered how come no single account has 4-digit holder count yet? Here’s how Friend3 addresses this problem we encounter on friend.tech:

• friend.tech’s price model (here’s an approximation) grows too fast, creating an inherent limit to the size of social circles in the dApps as the price of a new share converges to infinity. Inherently Limited Growth

• Friend3 offers variability on price model, allowing for users who have larger audiences to grow their communities at a much faster rate with much steadier pricing. After all, while some communities thrive on elitist, high entry barriers as it is aligned with their core values, other communities thrive on reaching larger audiences. The dApp also allows Creators to set holder & share count limits for flexibility. Enabled Potential for Wider Adoption & Growth

Safety & Privacy

friend.tech database was leaked couple days ago, limited user data was showcased to everyone on twitter.

• Friend3 introduces various API anti-scraping measures and built-in privacy protection mechanisms to fix this issue for good. Friend3 Will Not Leak Your Data

• Friend3 never requests Twitter API permissions to tweet or RT. Permission Isolation

Accessibility

Accessibility is a key success factor for growth in Social apps. If you’ve used friend.tech before, you went along with a very unusual (both for Web2 and Web3 counterparts) multi-step set-up which limits user control similar in spirit and design to a minimalist Web2 app but also makes the users deposit funds to a newly made, limited blockchain address on the newly-released Base Blockchain. This design dilemma is addressed by Friend3 thoroughly:

• friend.tech is only accessible on mobile device/OS; it doesn’t offer a smooth user interface & experience, and has sign-up requirements such as transferring funds on a blockchain that is not widely adopted at all. Limited Accessibility

• Friend3 is accessible on both Web & Mobile environment, easily used with an existing Web3 wallet that the user owns, and will go live on BNB-chain, one of the blockchains with highest adoption and daily use. High Accessibility

Actual Chat Rooms

While globally many influencers have incentive to prefer private or limited communication with their individual followers & fans; it is evident that such limitations, especially when unintuitive, hurt the growth potential of creators and social platforms.

• Friend.tech’s private room for key-holders works as follows: All key-holders see the room owner’s messages, while key-holders’ messages are only seen by the room owner. The chat is not public and is designed as a two-way mirror.

• Friend3’s private room for ticket-holders are open group chats where chat parameters can be set by room owners.

How to Get Started with Friend3.Group

Friend3.Group‘s Beta Mainnet Released Today!

You can access Friend3.Group on Web & Mobile

1. Go to https://app.friend3.group (Beta Version) and connect with your favorite Web3 wallet (Currently supports MetaMask, WalletConnect, Coinbase Wallet & Rainbow)

2. Sign the wallet signature request by Friend3 (Make sure you have enough funds in your wallet to cover gas fees & desired operations)

3. Click “Bind” and authorize Friend3.Group on twitter, make sure that you are logged into the twitter account you desire to Bind to Friend3 dApp

4. Enter your invitation code. Find some invitation codes below:inv-60f43bea | inv-8f09b269 | inv-643af2f9

5. Buy your own first Ticket at 0 cost as a necessary first action

6. You are ready to explore the world of Friend3.Group!

7. On the left panel, you can navigate between your Home page, your Private rooms, global activities log, your profile and the search function to find other users & Creators.

8. On room/account view, you can navigate to holders list, what tickets the Creators are holding themselves, activity log, and trade log.

9. The right panel displays ticket details, Buy/Sell options, and chat room for the chosen account. Here, it is possible to see the Bid & Ask prices automatically determined by Friend3.Group price model.

Below, you can find three demonstration videos:

• Plain demonstration (music warning): https://twitter.com/i/status/1694222562673451368

• Demo with typed instructions & explanations (silent): https://app.arcade.software/flows/zqyXbEA6NwBbpXF2STIM/view

• Demo with voice instructions & explanations: https://app.arcade.software/share/nGuMiRBz0VtTzxlRdU00