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/
Topic: [ANN] FRIENDZ ICO: decentralized peer to peer marketing - page 18. (Read 26400 times)
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.
Interesting project. And already has customers and running applications. This is a positive moment.
Unfortunately, from a whitepaper, I still do not understand your concept of making a profit, and also did not understand what benefit I will get when buying your tokens?
Unfortunately, from a whitepaper, I still do not understand your concept of making a profit, and also did not understand what benefit I will get when buying your tokens?
Would like to get involved but it won't let me log into the app with the account I created on the website. Tens of other users experiencing the same issues as well. Any idea what's going on with that?
Thanks.
Thanks.
Hey, interesting project! Is there any video, demo or something similar where we could see the current network?
Looks like the thread of project is still very quiet. If I look at the thread bounty is not much different, I think you should do something to make the project bustling and look more alive. I think this is indispensable for the future of this project.
I ask a stupid question, but still. How will you collect profit? After all, the social network is free, and to connect to it you do not need to buy tokens. Where can the dividends for the holders of tokens take?
Could you please provide more detail about the project...starting with the team of this project? And how much of the platform has already been developed? How much has still to be developed?
Also, genuinely asking this:
What makes this any different than Steemit?
Any smart investor will ask that. Steemit seems rather successful and given what your whitepaper says, it appears that this is very similar to Steemit but only differing in about 2-3 areas.
Steemit is already rolling so what's gonna make other people use this instead of Steemit (at least from what you can control) when trying to break away from Facebook or the likes?
Assuming you aren't a scam dev team, I know you don't want to be regarded as a clone, yet that will happen once someone familiar with crypto reads the whitepaper.
I ask as someone who's invested in the project already because that answer will determine if I hold long term or plan an exit within the next 12 months.
Thanks for the time reading this!
What makes this any different than Steemit?
Any smart investor will ask that. Steemit seems rather successful and given what your whitepaper says, it appears that this is very similar to Steemit but only differing in about 2-3 areas.
Steemit is already rolling so what's gonna make other people use this instead of Steemit (at least from what you can control) when trying to break away from Facebook or the likes?
Assuming you aren't a scam dev team, I know you don't want to be regarded as a clone, yet that will happen once someone familiar with crypto reads the whitepaper.
I ask as someone who's invested in the project already because that answer will determine if I hold long term or plan an exit within the next 12 months.
Thanks for the time reading this!
Question: How did you determine those rates on the token price for the pre-sale?
I'm looking to buy some tokens but want to know how the rates were worked out.
I'm looking to buy some tokens but want to know how the rates were worked out.
Project looks promising - but what can you offer that other project can't?
This is a very promising project. The idea of a decentralized social media network is appealing and easy to sell to the users of different traditional social media sites who have something to show for their friends. I am ready to try the android app.
How long will the referral program be active for? Also, what are the benefits of holding FDZ tokens? These questions are the only one that obsessing me now.
Really like the idea of a decentralized social network. I've downloaded and the iOS app and I'm in the process of testing it out.
So far, the app looks lightweight and fast. Good look dev team.
So far, the app looks lightweight and fast. Good look dev team.
Sounds very interesting, you already have 200k people signed up? When will you start promotion company?
Marketing being my field makes me really excited about this project. Here's wishing the team the best of luck and I'll definitely be investing.
Thank you for your support! 
keep following us! #AdminZ the look of threads that all look very impressive and it certainly draws a person's attention to join, a very beautiful site and a great strong team who can commit to this project to develop it. is there a link that is directed to bounty campaign on this project
Yes, it is in our dashboard https://steward.friendz.io #AdminZ Might dip my toe in here, could i ask who are your competitors and what are you doing to stay ahead of them?
Thanks
There are some companies operating the influencer marketing industry and other in the broader digital marketing. None of them has the same business model although. Two ICOs that has recently been completed have been Indahash and AdHive, but they only are influencer marketing platforms, while we do not work with influencers. #AdminZ Thanks
I think that the popularity of the project will come next year. I will support you guys, you deserve it!
The farther they will go into the blockchain and project development, the more people will be attracted. I believe that Friendz has all the potential to become a widespread platform. They are planning to offer a lot of unconventional and very convenient services that is supposed to make public relations a whole lot better. The only doubt is if it's going to be easy enough to use and arrange the connection for both parties.
#AdminZ I think that the popularity of the project will come next year. I will support you guys, you deserve it!
The farther they will go into the blockchain and project development, the more people will be attracted. I believe that Friendz has all the potential to become a widespread platform. They are planning to offer a lot of unconventional and very convenient services that is supposed to make public relations a whole lot better. The only doubt is if it's going to be easy enough to use and arrange the connection for both parties.
Jump to: