Glossary
friend.tech
A 2023 Base-based social-bonding-curve product where users tokenize "Keys" to their identity — became a viral case study in crypto social mechanics before activity collapsed.
friend.tech launched on Base in August 2023. Each Twitter-linked account became a bonding-curve "Key" — anyone could buy a Key to unlock private chats with the account holder. Prices rose along the curve as more Keys were bought, and the account holder earned a share of every trade.
The product spiked to hundreds of millions in volume within weeks, then declined rapidly as the novelty wore off. The 2024 FRIEND token launch was a notable failed migration. friend.tech remains a reference case for bonding-curve-driven social monetization, even as the product itself wound down.