Friend.tech is an exciting new social media platform where users have a financial stake in the creators they support.
In this article, weâll teach you what Friend.tech is, and how you can use Rainbow with your account to make buying, selling, and supporting your friends a breeze.
What is Friend.tech?
Friend.tech is a social app that allows you to buy âkeysâ in other users of the app. Once you hold another userâs keys, you are able to access a private chat only accessible to that user and your fellow key-holders. If you want to leave the group chat, youâre able to sell your keys.
The price of a userâs keys is determined by a bonding curve. When you buy a userâs keys when they are new and thereâs not much interest, youâll pay a far lower price than when demand for keys is high. Early keyholders are rewarded, and late keyholders are charged a premium.
To get started on Friend.tech, youâll needâŚ
- âŚan invite code. Currently, the app is invite-only â youâll have to snag an invite code from a current user to join in the fun.
- ..at least 0.01 ETH on the Base network deposited in your Friend.tech account.
When you use Friend.tech, youâre issued an all-new crypto wallet to use with your account. However, as youâll see, once you have a Friend.tech account, you can use your existing wallet app, like Rainbow, to manage your funds, withdraw your money to other wallets,
How do I use Rainbow with Friend.tech?
Friend.tech issues each user a fully self-custodial wallet that you can use with wallet apps like Rainbow.
You can export your wallet into Rainbow toâŚ
- rescue ETH you may have sent into Friend.tech on the wrong chain
- easily fund your Friend.tech wallet with Base ETH
- send your Friend.tech profits to your other wallets
- bridge your Friend.tech profits to other chains
How to export your Friend.tech wallet into Rainbow
- Open the Friend.tech app on your phone
- Go to the user settings from your profile by clicking the pill with your ETH balance on it in the top right corner.
- Click the Export Wallet button to get your private keys.
- Import the private keys into Rainbow and import it as you would any other ETH wallet