Crypto’s Social Finance platform FriendTech experiences volatile token launch

The beauty of crypto is it encompasses a variety of already existing and emerging sectors. Social Finance (SoFi) is an example of this. It merges already existing Web 2.0 social media platforms and ideas, with features and incentive mechanisms of Decentralised Finance (DeFi). Last Friday, the SoFi platform FriendTech launched and airdropped their own token (FRIEND) on Base. As always with crypto, there was not a lack of volatility.