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Friendzy Sparks Excitement as New Solana-Based Social Token Platform, Generating $1M Volume in First Week

  • Friendzy, a Solana fork of Friend.tech, generated nearly $1M in volume in its first week after launching on September 19.

  • Friendzy allows users to tokenize and trade their Twitter accounts like Friend.tech, but aims to differentiate with more features and a smoother price curve.

  • Top Friendzy accounts are currently selling for around $10, compared to over $11K for top Friend.tech accounts.

  • Friend.tech has seen a return in activity this month after a summer slowdown, with over $2M in weekly volume.

  • Account holders on both platforms earn royalties when their tokens are traded, incentivizing growing account value.

decrypt.co
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