The Next wave in Social-FI ( Friend Room) | Summary and Q&A

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September 11, 2023
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Drake on Digital
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The Next wave in Social-FI ( Friend Room)

TL;DR

Friend Room is a high-risk, high-reward game based on the FriendTech ecosystem, offering various features and strategies for players to earn dividends and speculate on the value of virtual rooms.

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Key Insights

  • ✋ Friend Room is a high-risk, high-reward game within the FriendTech ecosystem, offering players the opportunity to speculate on virtual rooms and earn dividends.
  • 🤵 The game operates on a map with 10 rooms per country, allowing players to buy, create, or speculate on these virtual rooms.
  • 🎮 The Friend token is an integral part of the game, serving as a currency for trading, playing mini-games, tipping on Twitter, and participating in a real estate marketplace.
  • 😣 There are potential risks, such as rug pulls, whales dumping the token, and the token price collapsing, which players should be aware of before investing.
  • 🤵 Different strategies in the game include buying and selling rooms, creating rooms to earn fees and dividends, holding shares and rooms for dividends, or speculating on the Friend token.

Transcript

if you guys were early on friendtech and bought a couple of the shares in the early days like we're talking maybe a month ago you could be up 100 Steven thousands of x's if you take a look at the chart for zero x racer the original starting price of his share or his key was point zero zero zero zero five and it's now trading at over six e it's actu... Read More

Questions & Answers

Q: What is Friend Room and how does it differ from FriendTech?

Friend Room is a game that expands on the features of FriendTech, allowing players to trade virtual rooms, earn dividends, and speculate on the Friend token. It offers more gamification and strategic options compared to the original FriendTech concept.

Q: How can players earn dividends in Friend Room?

Players can earn dividends by owning virtual rooms in the game. The dividend is paid in the form of the Friend token, which can be sold or held for potential future value.

Q: What are the risks associated with Friend Room?

There is a potential for a rug pull, where the project may collapse or the team may abandon it. Additionally, whales dumping the Friend token and the token price dumping are also risks to consider. It is a high-risk, high-reward investment.

Q: What are the different strategies players can use in Friend Room?

Players can buy and sell virtual rooms for profit, create rooms to earn trading fees and share in the dividends, hold shares and rooms to earn dividends, or speculate on the Friend token by holding it and hoping for its growth to outpace inflation.

Summary & Key Takeaways

  • Friend Room is a game within the FriendTech ecosystem that allows players to speculate on virtual rooms and earn dividends in the form of the Friend token.

  • The game operates on a map where each country has 10 rooms, which players can buy, create, or speculate on.

  • Players can earn dividends from the rooms they own, trade rooms for profit, or hold the Friend token for potential future value.

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