Friend.tech, a prominent web3 social networking platform, has announced the development of its native blockchain, Friendchain, in collaboration with Conduit. This new blockchain will utilize the FRIEND token as a fully transferable gas token, leading to a 15% surge in its value. The initiative follows discussions of the platform's potential departure from the Base network due to ecosystem challenges. Community reactions are mixed, with some viewing it as a strategic evolution while others express caution regarding future growth implications.
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