ubiquity / research

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Analyze friend.tech mechanic to apply to GitHub #87

Open sergfeldman opened 12 months ago

sergfeldman commented 12 months ago

About friend.tech

There is a social fi project https://www.friend.tech/ in which Paradigm recently invested.

The friend.tech description

https://beincrypto.com/learn/friend-tech-explained/

https://www.coindesk.com/tech/2023/08/21/friendtech-becomes-massive-ether-money-machine-as-nba-players-faze-clan-join-in/

https://www.coindesk.com/web3/2023/08/11/is-friendtech-a-friend-or-foe-a-dive-into-the-new-social-app-driving-millions-in-trading-volume/

The value that friend.tech provides is mostly access to alpha information from top crypto-twitter accounts.

As I understand the mechanic:

How we can use

This proposal is not inlined with our defined priorities but it has a high hype potential as we see on the original friend.tech We can analyze the friend.tech mechanic, compile less ponzi logic, and introduce it as a tool for GitHub.

Maping this mechanic to GitHub, the value of "accesses" could be

The positioning is "friend.tech for GitHub". This follows the broad DevPool vision to connect projects and developers and also can be interesting for Paradigm.

Update on 9/12/2023

The friend.tech is becoming a platform for accesses to alpha information. Other people are creating "accesses" aggregators, optimizators, etc around it.

Statistics

151 798 users $166М trading volume 2.7M "accesses" 5 030 ETH team revenue

Tools

https://www.friendbook.tech/ - top free aggregator

https://dune.com/whale_hunter/friend-tech-ultimate-analytics - top dune dashboard

https://friendmex.com/ - UI for trading

https://frentech.octav.fi/ - portfolio tracker

https://www.friendtech.pro/ - analytics service

https://friend-finder-app-mu.vercel.app/recently-joined - analytics recently joined accounts

https://friendtech.info/ - dashboard top accounts with the highest revenue

https://app.parsec.finance/layout/kez/uUamZ4tn - dashboard with trading volume

Update on 9/16/2023

GigHub.lol - monetize your GitHub Gig, gig economy are wide-spread terms similar to bounties.

GitHub is a social fi application for

  1. GitHub accounts that need consultation or review
  2. GitHub accounts that want to monetize their experience

Implementation can be with a GitHub App from GitHub Marketplace for your personal account https://docs.github.com/en/apps/using-github-apps/installing-a-github-app-from-github-marketplace-for-your-personal-account

Update on 9/20/2023

The trend continues with forks For example https://post.tech/

sergfeldman commented 11 months ago

@Draeieg If you have time, please review