Friend.tech Punishes Users and Faces Backlash, Founder of Friend.tech Breaks Down: "I'm Sorry, I've Been Terrified, I Don't Want to Disappoint Everyone"

Social application friend.tech issued a statement on 8/29, stating that existing users who switch to other copycat apps of friend.tech will forfeit their existing points. This move has sparked backlash, leading to an apology from the founder of friend.tech.

Background: Decentralized social platform Friend.Tech airdrop strategy and beginner's guide

friend.tech Fears Clones, Threatens to Confiscate Points

The social app friend.tech announced that due to the expected emergence of many clones or similar versions of friend.tech, users of these copied versions will automatically be opted out of earning points and will forfeit existing points to ensure fairness in user rewards. However, they can still use the app normally.

Learn more about friend.tech: Podcast - Friend Needs Tech feat Daily Coin Researcher Alvin

We expect @friendtech clones and other types of copies will emerge.

To make sure loyal users are rewarded fairly during our beta, users moving to forks and copies will automatically opt out of earning Points and forfeit existing points. They will be able to use the app normally pic.twitter.com/C1rTEQQr17

— friend.tech (@friendtech) August 28, 2023

friend.tech Airdrop Anticipated to Become Crypto Community Hotspot

Although the current community points on friend.tech have no practical use yet, it is expected that these points will have a purpose after the official launch on 8/19. This has led the community, particularly those keen on airdrops, to heavily invest in social points. The use of friend.tech clones could impact point calculations, significantly affecting airdrop hunters.

Related to airdrop hunters: Studios Swarming Airdrops at a Loss, Deep Tide: Project Parties are the Biggest Winners in the Fluff Game

We just did our first Friday Points Airdrop to 44k users.

Some reminders:
– 100M points will be distributed during the six month beta period
– Airdrops happen on Fridays
– Points are recorded off-chain
– Points will have a special purpose once the beta period ends

— friend.tech (@friendtech) August 18, 2023

friend.tech Faces Backlash, Founder Racer Apologizes

After implementing an anti-competitive policy, friend.tech has completely infuriated the Web3 community. The requirement to link social account data when registering on friend.tech was already criticized for privacy issues, and attempts to penalize users for migrating to other apps have sparked a wave of criticism.

Shortly after, founder Racer issued an apology and retracted the policy of canceling points:

"I'm sorry.

I have been operating out of fear. Fear of disappointing others. Fear that my best days are behind me. Fear that I am not the right person for this position.

When I told you not to use other products, that fear led me to act with a zero-sum mindset. It was a foolish statement. It's like telling my friends not to have fun and telling potential partners that I only see them as competitors.

This is completely contrary to the culture of interacting online with people in the cryptocurrency field every day, who always warmly accept and support me. I know I have disappointed many of you. Live as you wish. I am deeply sorry for the statements I made to you.

We are fortunate to do what we do. To do what we love for the people we love. I will not take it for granted."