New Exploration of Web3 Social Web: Transforming User Relationships into Assets

In the Web3 space, a new Social Web model is emerging that seeks to transform users' social relationships into quantifiable assets. This innovative approach no longer focuses solely on ideology, but rather emphasizes the value creation of assets.

Recently, a platform called nofriend.tech has attracted people's attention. The core idea of this platform is that there are no eternal friendships or hostile relationships in the Social Web, only lasting interests. nofriend.tech proposes a unique way to convert users' social interactions into token rewards, referred to as $FT.

A notable feature of this platform is its token allocation mechanism. Users can instantly receive token rewards without waiting or going through complex procedures. Additionally, the platform has reserved 5% of the total supply of $FT as an airdrop for users of a certain social web application.

nofriend.tech also introduces a mining mechanism that allows users to stake tokens to earn more $FT. Users can also participate in voting to support their favorite opinion leaders, thus engaging in the platform's collective decision-making process.

However, this model of monetizing social relationships also faces challenges. The primary issue is how to protect users' privacy and data security, preventing information from being misused or leaked. Platforms need to establish strict security measures and privacy protection mechanisms to maintain users' rights and trust.

$FT token plays a core role in the nofriend.tech ecosystem, serving not only as an incentive mechanism but also for platform governance. It is worth noting that the platform commits to using 50% of the protocol fees for the repurchase and destruction of $FT to maintain token value.

The token allocation plan is as follows:

• 35% for platform airdrop
• 20% for liquidity mining
• 15% for private placement sales
• 10% allocated to the team (unlocked after one year)
• 10% for liquidity pool
• 5% allocated to advisors
• 5% for airdrop to users of a certain Social Web application

Overall, nofriend.tech represents a new attempt at a Web3 Social Web, aimed at converting users' social value into tangible assets. This model may encourage users to engage more actively in social activities and create more economic opportunities for them. However, the long-term success of the platform will also require a balance between user experience, security, and value creation.