Friends With Benefits DAO Releases a Social Networking App

Friends With Benefits (FWB), a popular decentralized autonomous organization (DAO), announced Thursday that it is launching a social networking app. Follow us on Twitter.

FWB was established in 2021 to build a community of people who are passionate about Web3 adoption, education, and host local meetups. It was launched in September 2021. Fundraise of $10 million by crypto venture company a16z To build its global community online and offline.

FWB’s initial community was built on Discord using a token-gated channel. However, the app will streamline communication by providing a decentralized platform for members only. FWB This was said in a blog posting The app is designed to foster genuine relationships between members by allowing them to connect, share governance proposals, and find out about upcoming events.

“Our social platform doesn’t aim to quickly onboard millions of users; rather, it is a human scaled piece of software that optimizes positive group dynamics and digital socializing, meaning making, meaning-making, hanging out,” FWB stated on Twitter.

Community members must have 75 FWB tokens to join the app. This is the community’s native cryptocurrency and it costs about $800.

Apply to the FWB Community Through its website. The organization claims that the community has over 3,000 members.

The organization has also launched its social platform. Voting on a variety of social initiatives in personIncludes the 2023 productions of its popular music gathering FWB Fest.

By David Warsh

David Warsh is a leading expert in the field of cryptocurrency and blockchain technology. With over a decade of experience in the industry, he has a deep understanding of the intricacies of digital currencies and the potential they hold for revolutionizing various industries.