Friend.tech
FRIEND
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
FRIEND (Friend.tech) exhibits severe systemic weaknesses across all fundamental metrics. Active development has stalled completely following a roadmap reversal in mid-2024, with no public code repository or active governance. The Community Support section scored -1.0 due to a lack of measurable organic community engagement, as the project appears defunct or abandoned with the website functioning primarily in a data-export/migration mode. Tokenomics and market metrics indicate a collapse of user participation (over 96% drop in traders and clubs), negligible trading volume, and a >98% price drop from all-time highs. The team remains pseudonymous and without public governance frameworks, having reportedly renounced smart contract control. On the security front, there is no formal third-party audit, and the platform has historical vulnerabilities and user-level SIM-swap exploits tied to lack of 2FA. With weights redistributed across the five active sections, the overall score is 1.9/10.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Friend.tech (FRIEND)
Friend.tech (FRIEND) is a SocialFi token on the Base blockchain associated with a platform that has been abandoned following a collapse in user activity and development. Launched in August 2023, Friend.tech operated as a decentralized social network that tokenized social influence, allowing users to buy and sell access keys to private chat rooms and clubs. The FRIEND token was fully distributed to users at launch through a points conversion mechanism with no subsequent emissions, vesting schedules, or burn mechanisms.
Following its initial launch, the project experienced a severe collapse in user participation, including a 96% drop in active traders and a sharp reduction in club creations. In mid-2024, the pseudonymous development team executed a roadmap reversal regarding a planned migration off Base, which preceded a token price collapse of over 98% from its all-time high of $3.26. Active development subsequently ceased, with the team renouncing smart contract control and the platform's web interface shifting to a data-export and migration mode.
Security evaluations indicate that Friend.tech did not undergo formal third-party smart contract audits. In October 2023, Check Point Research identified critical vulnerabilities in the platform's centralized database and chat architecture, which were responsibly disclosed to the team. In November 2023, multiple users suffered account compromises through SIM-swap attacks, drawing industry criticism regarding the platform's centralized infrastructure and absence of basic two-factor authentication (2FA) controls.