it's indeed true that on internet next wave will be decentralized and networking and tokenized communities will be big part of the ecosystem in Web 3.0.
Majority of people have no idea Hive already exist since years and it's what we'll see which one is better and why ahead in this blog.
FriendTech Vs Hive: A Dapp on a Blockchain Vs a SocialFi Blockchain
Friendtech is a Decentralized Applications (DApps) launched recently on an ETH layer 2 Blockchain known as base chain by coinbase.
A Dapp that is built by an individual/person which is similar to Elon musk being an owner of X but since Friendtech is on Blockchain it's Decentralized to some extent VC's is involved and not censorship resistant since they also confessed if someone found trying Friendtech rival apps or competitors they'll get cancel later it was deleted.
It's a decentralized social Network where user need to connect their Twitter aka X profile and the address will be doxxed of that person and is public.
While on the other hand Hive is a Decentralized Blockchain founded by it's community and there's no co-founder just whole community and is decentralized without any involvement of Venture Capital (VC's).
Hive is more than a place to connect it's a Blockchain driven by community where games, Dapps, NFTs marketplace, SocialFi like YouTube alternative, microblogging and blogging all take place while friendtech is more like a place like discord.
You've to Buy Keys in Friendtech to connect
The concept of Tokenization on friendtech isn't made for an average Joe but favours the one who can afford to pay Ethereum High fee's and costly Keys of a person.
Only way you can interact with your favorite influencer on friendtech is possible if you hold a one single key of them and with each buy price of key increase real time like a coin go up.
An Account with enough RC on Hive to Connect
Hive is the only Blockchain I know that's completely free and there's zero transaction fee.
So, to connect with each other and interact with your favorite influencer on hive all you need is Resource Credits (RC) which can be bought by powering up some Hive or ask a hive Fren to delegate you some.
This makes hive a networking platform for all kind of people not just rich. One reason why in long term hive will gain adoption while Friendtech won't be able to keep up with it is Friendtech is something not every person can afford.
Communities on FriendTech Vs Hive Communities
Friendtech moto is "Your network is Your Net worth" which applies to hive as well, our vote value depends on stake and it increase over time with network, people we engage with and have influence.
When it comes to communities on FriendTech it is all like a Private place which can be accessed by having Keys and it'd like VIP membership you're buying in order to be in a community.
While communities on Hive are open and accessible by everyone without that "exclusive Vip perk" everyone can see the same page, same community, posts and all.
Each community on hive is unique and even have Layer 2 Tokens and other fun activities while on friendtech it's all depend on the influencer to provide whatever knowledge or service they can to key holders.
Wrapping Up...
In the end, from this comparison you can have idea how far hive is from all these Dapps being developed and coming out nowadays.
It's just a matter of time world will realize and see the decentralized social platform they've been talking whole time.
Also I'd like to know your thoughts on this in the comment section and let me know if you've tried Friendtech yet and how you see it in comment.
