Beanie
Flashback to the time I “fudded” Friendtech. While your favorite influencers were offering you sp...
219 days agoBeaniebeaniemaxi
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Investors should exercise extreme caution with Friendtech due to its "influencer pumped ponzi" mechanics, which are designed to benefit early participants and platform operators at the expense of retail investors. The platform's 10% transaction fee and steep bonding curve for "shares" (tokens) create an unsustainable model where retail is likely to be left holding the bag. While Coinbase and Paradigm are associated with the platform, this does not legitimize the underlying structure, and retail investors in COIN should be aware of the potential for this association to be used as a "proof of concept" for an unsustainable model.

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Beanie

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By beaniemaxi

Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.