Topic: [ANN] FRIENDZ ICO: decentralized peer to peer marketing - page 12. (Read 26400 times)

Friendz will certainly have its place next to the Crypto giants, although there are some attempts to decentralize a network, this project presents the previously presented concepts, and brings a better in everything that was flawed, there is still much to be done in this field, but surely this will be one of the pioneers in this improvement.

there are others as well, but that's a good thing. competition validates an idea.

I think investors will come, there is a lot of people registered on the friendz platform and a lot of people enjoy the project. I think there is a big place in crypto world for a decentralized social network like friendz.

Great idea guys. Any update on the bounty?

Hello there,
Would you be able to clarify what is the requirement for this coin?
I don't see its purpose. For what reason should I contribute.
Much appreciated.

After reading the whitepaper, I think this project can be a good alternative to current multi billionaire social medias: good luck with this venture!

What I dont understand is, what is the point of decentralizing a social network? I get that you will be in control of your own data, but why create a social platform?

I could not find any bounty campaign anywhere... do you have one? If yes it it quite well hidden. I've checked also the website...

The activity on this forum decreased quite a lot for many projects as most of the activity and questions and answers take place on Telegram.

Current working social platform is always nice. Community is already there which is important for social apps. How this token going to add to current platform? is there reward for participation in social media?

After reading the whitepaper, I can say that this project will be a major disruption to current social media practices and this will greatly benefit end users as compared to today's contemporary social media services. Good luck!

A couple of questions about your tokens:
20% will be reserved for the liauidity fund.
5% will be reserved for the team.
These tokens will be at the disposal of the same persons?
If not all tokens are sold, what will you do with unsold tokens? Will these tokens be burned, or will you distribute them between the holders of the tokens? Or will you collect the tokens for yourself?

An ICO that already has a platform and app that is live?!? Yes please!
I was checking out the app for a little bit and I'm liking it already.
What is the ICO needed for? Marketing?

You will get a form of dividend or compensation based on the amount of money the platform is generating. Take for example Facebook and how they make money through advertisement and usage data.

Verdict
Friendz is an established marketing and advertising company with a proven track record. Similar to Rentberry, the team is just incorporating blockchain technology into their platform – not starting from scratch.

It’s impressive that the company has already passed its breakeven point and is profitably running. This should give you confidence that the social, “word-of-mouth” model that the FDZ token is built on is a solid foundation.

Even though the team isn’t comprised of blockchain experts, they’ve brought on some advisors with significant experience in the space.

Risks
    Crowded market. There are a host of companies, both traditional and blockchain-related, in the digital marketing industry. It may be tough for Friendz to continue growing at their current pace in such a saturated space. (-2)
    Nothing revolutionary. There’s no “wow” factor to what Friendz is doing. With ICOs having such a high inherent risk, it may make more sense to look at something tackling a bigger problem. (-2)
    The mercy of third-parties. Facebook’s recent advertising guideline changes and the ever-evolving digital media landscape could hinder Friendz in the long run. (-1)

Growth Potential
    Proven idea. Most importantly, Friendz is already successful. Investing in a company that’s already profitable eliminates a lot of risk. (+6)
    Virality. The platform is built around social sharing and virality. As more people use the app and share content, the company should ideally see exponential growth. (+4)
    Token terms. The small percentage of tokens allocated to the team and buy-back program give me less suspicion that there’s any funny business going on. (+2)

Disposition
Friendz receives a total score of +7 out of 10. The team, product, and token are solid and look to have minimal downside risk compared to other ICO investments. The company isn’t trying to drastically change the world through a decentralized internet or financial institution overthrow. Instead, they’re tackling a fairly large industry that probably won’t be going anywhere anytime soon.

Although this probably won’t be a home-run 50x return, it could easily by a solid single or double.


This is a good rating from hacked.com.
Here is the proof: https://hacked.com/ico-analysis-friendz/

You will get a form of dividend or compensation based on the amount of money the platform is generating. Take for example Facebook and how they make money through advertisement and usage data.