The following is a transcript of our interview with the CEO of Friend3, Joesph Cheung. In light of the upcoming launch on TrustSwap, we thought it would be helpful to share this with our community.
Can you introduce yourself and tell us a little bit about your background?
Sure, I’m Joesph, co-founder & CEO of Friend3. With six years experience in crypto after a stint in traditional investment banking, I am now focused on blockchain and social media ventures.
We leveraged our social entrepreneurship to create Friend3 on BNB Chain – a social dApp where anyone can make friends and profits in the Web3 world.
Can you tell us more about those using the Friend3 ecosystem?
Supported by BNB Chain and its ecosystem, in 7 weeks, we’ve hit 45k users and over 200k transactions. And with the launch of Friend3-opBNB, the excitement continues to grow!
Who is Friend3 for?
Everyone. Whether you’re looking to build a personal social network or are a KOL, we offer a platform to showcase your expertise, grow your influence, and even create paid groups. Plus, it’s fun! Trade, tip, invite friends, and earn by posting. If you’re into SocialFi, don’t miss out on Friend3.
SocialFi is trending at the moment. What makes you stand out against competitors like friend.tech?
In the current SocialFi scene, we perceive it as ‘FiSocial,’ where the financial aspect overshadows the social. Everyone seeks a reliable product offering consistent profits, a seamless experience, and safety. At Friend3, we’ve nailed the ‘Fi’ with multiple earning avenues—invitations, ticket holdings, trades, plus regular rewards to maintain engagement.
Our commitment to user experience is paramount; we swiftly implement feature updates based on community feedback. Security is non-negotiable; our open-source code has passed PeckShield audits, setting us apart from peers who struggle with privacy and safety, like friend.tech.
You have some big partnerships behind you. Can you tell us more about how these will help drive the success of Friend3?
Our partnerships are the cornerstone of our strategy, featuring heavyweights like BNB Chain and OKX, and innovative projects such as FLOKI, SafePal, Coin98, BakerySwap and SPACE ID—all following Friend3 on Twitter.
Our dual-chain operation on BNB Chain and opBNB, integrated with Greenfield, ensures a top-tier distributed storage solution.
Collaborations with leading Web3 wallets (OKX, SafePal, Coin98) make Friend3 easily accessible and will spotlight us on OKX’s Cryptopedia, promising user growth.
The unique donation feature on our platform allows listing other project tokens, like $SWAP, for tipping, blending SocialFi utility with cross-marketing opportunities.
Can you give us a look behind the curtain and give us a little alpha on things coming up?
Here’s a sneak peek at what’s on the horizon for Friend3:
Launched our Friend3-opBNB, hailed as a top-tier SocialFi product, offering 11 passive income streams, including dual invitation rewards, reward sharing, and transaction cuts.
Integrated with BNB Greenfield and backed by BNB Chain, bolstering our tech infrastructure.
Soon, users can create multiple chat groups, akin to Discord channels, with customizable group names and bespoke pricing curve formulas, enhancing user engagement and monetization options.
Please tell us about your Go-to-market strategy. Especially post-launch.
Our post-launch Go-to-market strategy focuses on:
Token Utility: Rewarding users with our F3 token for trading and contributing to the platform, enhancing user investment and loyalty.
Exchange Listings: Broadening visibility and accessibility as F3 gets listed on more exchanges, attracting attention from potential investors.
Global Outreach: Partnering with 100+ global influencers, launching in multiple languages, and fostering local communities for grassroots growth.
Cross-Platform Presence: Expanding our user base by establishing a presence across social channels like Telegram, Discord, and Instagram to tap into diverse user groups.
Why would the community want to be a part of this?
Friend3 is the top trending social dApp on BNB Chain. Its FDV is only $10m, and we have around 50k users. Powered by opBNB and greenfield, we are growing steadily, and every month, special features are built by and for the community. If you’re bullish on SocialFi and you missed friend.tech, then you definitely should be part of Friend3.
How can they get involved?
It’s pretty easy! Log in to our Friend3 dApp and connect it to your Twitter account with the invite code from your friend. Then you’re good to go!
And guess what? We’re giving away some awesome airdrop rewards to early birds before our TGE. Once the TGE kicks off, you can earn through social and trade mining.
You can get in on the Public round through TrustSwap and become an $F3 holder. That way, you can join in on shaping the platform’s future.
Thanks for joining us, Joesph! Do you have any final words for the community?
I just want to say thank you for supporting Friend3! If you’re as hyped about SocialFi as we are, Friend3 is where you want to be. Big things are coming, and we’re happy to have you join the Friend3 family!
Thank you, Joesph, for joining us and sharing your vision for Friend3. It was fascinating to see your vision and how you intend to streamline the content creator ecosystem.
For those interested in getting involved with the Friend3 community, check out the Friend3 Telegram channel and learn about upcoming news. Becoming an early member is the best way to contribute to Friend3’s future success.
Thanks again, everyone. We appreciate you joining us and look forward to the upcoming launch on November 10th at 5PM UTC!