Buddy.Tech, the once standard cryptocurrency social media platform, hinted at an awfully noteworthy switch this spring.
The platform, which permits users to aquire and promote shares of their company’ social media profiles, not too long ago tweeted that it modified into once making ready for a “unhealthy mission.” The tweet integrated an airdrop-themed image that hinted at a doable airdrop match.
This announcement comes at a time when Buddy.Tech has considered a predominant decline in trading volume and keen buyers. The platform recorded good $56,000 in trading volume and good 102 keen merchants as of February 20. Right here’s in stark incompatibility to the platform’s exploding reputation last summer season.
But critics take be aware of Buddy.Tech a pyramid scheme that relies on speculative momentum to procedure users. The bulk of these users are basically thinking about making a handy guide a rough profit, ensuing in concerns about the long-timeframe viability of the platform.
Ethereum founder Vitalik Buterin additionally expressed his views on the realm. He criticized Buddy.Tech for replacing social leisure with financial hypothesis. In incompatibility, Buterin praised Farcaster and decentralized social media protocol Lens, which he believes are products that could stand the take a look at of time.
*Right here’s not investment advice.
