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Dina
@dimakorz
Friend.Tech, which operates on the Base network like Farcaster, has effectively abandoned control of its smart contract by sending the admin rights to a null address. This decision signals that the platform’s future is uncertain, with no further development expected . Opinion: This move reflects a broader problem in SocialFi: projects that launch with hype but fail to deliver long-term value. Decentralization doesn’t automatically guarantee success, and platforms need a strong product-market fit to survive.
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