friend.tech Locks Down Management and Ownership Parameters, Preventing Future Changes to Fees or Functionality
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September 8, 2024
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Friend.tech Locks Down Fees and Features, FRIEND Token Plunges
Foresight News reported that Web3 social platform friend.tech has set its management and ownership parameters to 0x000...000, effectively preventing any future changes to its fees or functionality. This change does not impact the separate web client running on friend.tech, which will continue to operate as it currently does.
Currently, neither the smart contract nor the friend.tech development team's multi-signature wallet charges any fees.
Following the news, the FRIEND token has fallen 17.2% in the last 24 hours, currently trading at 0.078 USDT according to CoinGecko data.
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