Prominent esports influencers Ricky “FaZe Banks” Bengston, Nordan “FaZe Rain” Shat, and 100 Thieves CEO Matthew “Nadeshot” Haag are among the top passive earners on new crypto platform Friend.tech, having gained over $73,000, $19,000, and $27,000 in passive income, respectively, since registering for its closed beta.

Friend.tech is a “social finance” browser-based application on the Base network—a new Ethereum scaling network launched by crypto exchange Coinbase—that allows users to trade “keys” (previously “shares”) of various individuals. It’s a new riff on the familiar concept of “social tokens.”

Buying a key of an individual, whose wallet address is linked to their Twitter account, gives key buyers access to a dedicated group chat only for holders. As keys are bought and sold, the individual whose keys are being traded receives a small “fee”—a percentage of the sale—in Ethereum. 

According to data from a Dune Analytics dashboard, FaZe Clan co-owner Banks has seen nearly 872 ETH in total volume traded of his keys on Friend.tech at time of writing, g

Go to Source to See Full Article
Author: Kate Irwin

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details