Talk about the web3 social track

Source: Dao said the blockchain

Friend Tech is a social application that has burst into fire since this round of bear market.When the project was launched, it attracted a large number of users with the blessing of Paradigm and the entry of many KOL.

The main gameplay of this project is to turn KOL’s personal value token, and allow users to interact with users through paid to the group.In this interactive process, the user gets the value of KOL, and KOL gets the corresponding return.

For this project, I have expressed such a view when communicating with an article or online.

Similar ideas have been practiced in the 1CO tide in 2017, but finally failed.The main reason is that the KOL, a personal value, cannot be rigid to fulfill its promise, and it is difficult to provide users who pay the price to provide real services and value.

In addition, the realization of KOL values ​​has a very mature model in the application of the mobile Internet. Although the platform is very high in the Internet model, I always feel that this does not seem to use blockchain technology.

For these reasons, I have never participated in Friend Tech.

When Friend TECH was just launched, many articles discussed the economic model of the project in detail, and like to study how users are profitable from the perspective of economic models to make profits from the tokens of this project.

This is a trend of many encrypted projects nowadays, but I always feel that a real explosive encryption project requires a good economic model, but it must not be the core part.Or solve some stubborn diseases in the ecology.

Most of the emphasis on economic models is speculative demand rather than real user needs.The speculative demand in the encrypted ecology is generally closely related to the price of the project token.Most of the tokens in the encrypted ecology are not profitable, so their prices are often promoted by emotions.And emotional comes quickly, and once it cannot be maintained, it may collapse in an instant.

I think this is also an important reason why many (including Friend Tech) projects that cannot go on in the end.

Since the social field where FREEND TECH is located has always been a track that everyone is very concerned about, the changes of Friend Tech have also triggered everyone’s reflection on social tracks.

I also shared some views on the web 3 social network in online exchanges last weekend:

I still doubt that the web 3 social networking will be pseudo -demand?Or the real web 3 social network is not a model we can imagine now?

Following this idea, reflecting on this idea, the very hot Facaster in the past few months was actually not because of its special model, but because a famous celebrity in a niche encrypted ecology made up the circle effect.

If this little celebrity is not Facaster, but uses a traditional mobile Internet app, I guess that app can also be encrypted ecological fire.

So does Facaster really need a blockchain?

I hope my thoughts are wrong.

According to the relevant information, the Friend Tech team made a total of about 40 million US dollars in this project.I don’t know what the actual number of the team and the monthly cost.However, according to the status of general encryption projects, starting from last year, if it is not spent, $ 40 million can be enough for the project to support it.

If a team that is really interested in building in this ecology, I think the team can fight again and try other paths.

Some time ago, there was news that the project team was preparing to build a social chain.Although I am cautious about this idea, at least this is also a kind of attempt and hard work. It is always better than giving up.

How can this project be launched for about a year? The project situation is more difficult and longer in the encrypted ecology, but people are still insisting and suffering.

In many cases, as long as the project can be boiled to the end and survive, the hope of victory is much greater and the success of success is much greater.

From the glory to the loneliness of today, there are many places worthy of our observation and reflection.Although this process is embarrassing, this is also an essential and normal phenomenon in ecological development.

We don’t need to be pessimistic about the future of ecology.

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