Friend Room $FRIEND

Friend Room is a revolutionary project that focuses on transforming the digital community experience by leveraging the power of blockchain. It offers a platform for web3 users to create, launch, and host their own blockchain-based rooms with no coding skills required. Users can purchase, explore, and speculate on rooms with friends and other web3 users. The project presents a unique blend of creation, connection, and investment opportunities in the crypto space.

About the Project

Friend Room empowers its users to create rooms situated in real-world addresses on a global map. The price of each room depends on the GDP of the country where it is located, making the pricing model unique and dynamic. The higher the GDP, the more costly the room. This innovative concept brings an unprecedented level of realism and financial strategy to blockchain-based communities.

Investment Opportunities

Users have the opportunity to invest in rooms by purchasing room shares. The price of these shares gradually increases, adding an investment aspect to the community-building process. Every time shares are bought or sold, a 10% fee is applied, with 50% going to the room's owner and the rest to Friend Room.

Project History

The development of Friend Room started in late 2022, with the first beta version being launched in August 2023. Alongside this milestone, the project introduced $FRIEND token, which was seamlessly launched on Ethereum.

Future Developments

The project's future development plans involve the distribution of rooms based on a country's GDP, the number of shares created in a room, and future specific room decorations. The platform tax collected from share trading will be utilized to buy back and burn $FRIEND tokens, contributing to the token's value stability and potential growth.

$FRIEND Token Utility

$FRIEND tokens serve various functions within the Friend Room ecosystem. They are distributed to room owners based on taxes from Uniswap, and owners can decide what percentage of this distribution they want to share with their shareholders. This allows for a diverse range of investment strategies within each room.

Room Decorations

Additionally, $FRIEND tokens are used to purchase assets for room decoration. Specific assets can enhance a room's "mining power," benefiting both the room's