New Social Token Network Alpha Emerges as Rival to Struggling Friend.tech
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A new social token network called Alpha has emerged as a rival to Friend.tech, built on the Bitcoin blockchain.
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Alpha uses Bitcoin for data validity and Polygon for storage, with its own scaling solution. It aims to lower fees.
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Alpha was built in just 48 hours by pseudonymous co-founder Punk3700 and has a community focus.
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It works by users buying tokens connected to creators to access exclusive content.
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This comes as Friend.tech struggles with metrics, rumors, and copycats, punishing users who switch.