Coin Edition -
- SocialFi platform Friend3 has recently partnered with crypto exchange ProBit Global.
- The platform launched a trading competition that provides users with an opportunity to win F3 tokens.
- The minimum requirement for participating in the event is to hold at least 100 staked PROB.
In a recent turn of events, Friend3, a pioneering Web3 socialFi platform, has collaborated with the crypto exchange ProBit Global in an attempt to advance web3 social interaction.
Friend3 has introduced a decentralized donation mechanism that allows community groups to pay customized, promoting cooperation among community members. Through the concept of social monetization, the platform provides users an opportunity to build friendships and creators a revenue source.
Meanwhile, Friend3 and ProBit Global together have launched a trading competition, offering users an opportunity to win Friend3’s native token, F3. The minimum eligibility to participate in the event is that the user must hold at least 100 staked PROB (ProBit Global’s utility token).
The competition spans from April 4, 2024, at 13:30 UTC to April 11, 2024, at 13:30 UTC. After the competition, the top volume traders will be distributed with a total of 100,000 F3. The winner at the first place will be awarded 6,200 F3s while the winner at the 20th place will get 3,575 F3s.
It is noteworthy that the F3 token offers a broad range of utilities, including staking, governance, and access to exclusive benefits. Thus, the trading competition and other rewards provided by the platform attract the public to Friend3.
With the help of Web3 technology, Friend3 is taking the initiative to create communities on the platform. While the users are required to purchase decentralized tickets to join the community each time, they can utilize these tickets for monetization.
Thus, the creators can earn a share of revenue from group transactions, referrals, and donations. Reportedly, this feature distinguishes Friend3 from other platforms that lack monetization options.
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