FriendTech, a leading Web3 social media platform, has taken a significant step forward in its mission to revolutionize decentralized networking. The platform has officially launched its native token, the Friend token, and rolled out the highly anticipated version 2 of its platform on the Base network. This milestone marks a pivotal moment in the evolution of decentralized social media, as FriendTech continues to push the boundaries of what's possible in the Web3 space.

The launch of the Friend token has been eagerly anticipated by the FriendTech community. According to market data, the token is currently valued at $3 per unit, with a circulating supply of approximately 14.5 million tokens. FriendTech's innovative approach to social networking, which includes the use of "Keys" to grant users access to exclusive chats and premium content, has garnered significant attention within the decentralized community. The platform's decision to launch on the Ethereum Layer 2 network Base has positioned it as a frontrunner in the burgeoning realm of decentralized social media.

Alongside the token launch, FriendTech has introduced version 2 of its platform, which brings a host of new features designed to enhance the user experience. One of the most notable additions is the introduction of "Clubs," designated community spaces owned and operated by key holders. Within these Clubs, users can engage in discussions, share content, and foster connections with like-minded individuals. Transactions within the Clubs will be facilitated using the Friend token, with a small fee allocated to liquidity providers on the platform's decentralized exchange (DEX).

To incentivize user participation and community engagement, FriendTech has initiated a token airdrop concurrent with the launch of version 2. Users who meet specific criteria, such as joining at least one Club and following a minimum of 10 users on the platform, will be eligible to claim their share of the tokens. This strategic move aims to foster a sense of ownership and investment among the FriendTech community, further strengthening the platform's position within the Base network ecosystem.

Despite a slight delay in the initial launch, FriendTech remains a prominent player within the Base network. According to DeFiLlama, the platform currently ranks as the ninth-largest protocol by total value locked, with an impressive $30 million in total value locked. As the anticipation builds for the upcoming launch and airdrop, stakeholders are eagerly awaiting the next chapter in FriendTech's journey towards redefining the future of social networking on the blockchain.