Friend3 Collaborates with ProBit Global to Enhance Web3 Social Interaction

In a recent development, Friend3, a leading Web3 socialFi platform, has joined forces with crypto exchange ProBit Global with the aim of advancing web3 social interaction.

Decentralized Donation Mechanism Unveiled

Friend3 has introduced a decentralized donation mechanism aimed at fostering cooperation among community groups. This mechanism enables community members to make customized payments, promoting collaboration. Through the concept of social monetization, the platform not only facilitates the formation of friendships but also provides creators with a revenue stream.

Trading Competition Launched

Friend3 and ProBit Global have jointly launched a trading competition, offering users the chance to win Friend3’s native token, F3. To participate, users must hold a minimum of 100 staked PROB, ProBit Global’s utility token.

The competition is set to run from April 4, 2024, at 13:30 UTC to April 11, 2024, at 13:30 UTC. Following the competition, a total of 100,000 F3 tokens will be distributed among the top volume traders. The first-place winner will receive 6,200 F3s, while the 20th place winner will be awarded 3,575 F3s.

Utility of F3 Token

The F3 token offers a wide range of utilities, including staking, governance, and access to exclusive benefits. As a result, the trading competition and other incentives provided by the platform serve to attract public interest towards Friend3.

Utilizing Web3 Technology

Leveraging Web3 technology, Friend3 is pioneering the creation of communities on its platform. While users are required to purchase decentralized tickets each time they join a community, these tickets can be utilised for monetization purposes. This allows creators to earn a portion of revenue from group transactions, referrals, and donations. This feature sets Friend3 apart from other platforms that lack monetization options.