According to CoinGecko data, as of August 22, on friend.tech, user Cobie has the highest royalty income, reaching $144,400 (equivalent to 81.94 ETH). The following are the top 25 accounts ranked by royalty income and their trends.Founder of friend.tech, 0xRacerAlt, ranks second with $101,700 (58.04 ETH) in royalty income. The third place is taken by crypto trader HsakaTrades, with royalty income of $100,600 (57.06 ETH).

According to DefiLlama data on August 22, the protocol fee of friend.tech reached 1.68 million US dollars in 24 hours, ranking second only to Ethereum, surpassing Lido and Tron.

Friend.tech, a social token platform, has changed the name of its core asset from "Shares" to "Keys" to better illustrate their purpose as in-app items used to unlock friends' chatrooms. The original name was a placeholder during development, but the change may also be an attempt to avoid scrutiny from the U.S. Securities and Exchange Commission (SEC). The SEC has labeled many digital assets as securities, and calling their asset "Shares" could have put Friend.tech in its crosshairs. While the tokens on Friend.tech may not be considered securities, how users pitch their tokens could potentially make them securities.

Prominent esports influencers, including FaZe Banks, FaZe Rain, and Nadeshot, have earned significant passive income on the new crypto platform Friend.tech. The platform, which operates on the Base network, allows users to trade "keys" of various individuals and grants key buyers access to a dedicated group chat. As keys are bought and sold, the individual whose keys are being traded receives a small percentage of the sale in Ethereum. The platform remains invite-only for now, and it's unclear when it will be opened up to a broader audience.

The decentralized social media platform Friend.tech was popular over the weekend, generating over $1 million in revenue within 24 hours. Mitchell Silberberg & Knupp partner Mark Hiraide stated that this could attract the attention of the SEC.

On August 21st, Spot on Chain, a blockchain data monitoring platform, posted on social media that although friend.tech has developed rapidly, the project generated 2953 ETH (about $5 million) in transaction fee revenue in just 11 days, and the total value of user shares currently amounts to 4435 ETH (about $7.4 million). However, the project has issues with API data leakage and the ability to buy and sell shares from the contract without an invitation code. From the contract code perspective, invitation codes and applications have no effect on the contract, and users can buy and sell directly on Etherscan through the MetaMask link without an invitation code.

Cryptocurrency data analysis website CoinGecko has added a section for friend.tech-related tokens, tracking token prices, changes in price, 24-hour trading volume, market capitalization, and other data.

Dune data shows that the total trading volume of friend.tech has exceeded 30,000 ETH, with an increase of nearly 50% in the last 15 hours. The protocol's income has reached 1383 ETH, with an increase of 42% in the last 15 hours.

According to DefiLlama data, in the past 24 hours, friend.tech has generated nearly $710,000 in protocol revenue, ranking first among DApps, surpassing well-known DeFi protocols such as TRON and Uniswap, and second only to Ethereum and Lido.

On August 21st, Garry Tan, the President and CEO of the famous American startup incubator Y Combinator, announced his entry into friend.tech and shared his invitation code. As of now, Tan's account has 60 shareholders with a buying price of 0.729 ETH. Tan officially assumed the position of President and CEO of Y Combinator in January 2023, and is currently the only Chinese-American President.