Rethinking Trust: The Journey of Friend Tech's Founders from Their Previous Scams

Friend Tech Friend Tech’s astonishing growth has made it a notable subject, prompting marketers to shift their focus on its solid advancement, despite a background that suggests previous dubious activities.

In late 2022, the KosettoIs Kawaii This platform gained traction through its innovative concept of 'wearable' NFT stickers. The viral distribution of referral codes significantly contributed to its swift rise in popularity.

However, confusion and frustration arose among users with its abrupt disappearance following the announcement of a Chrome extension.

Doing some research on @friendtech So, it's wise to be cautious about how much money you invest in it.

The same team launched @KosettoIsKawaii Towards the end of 2022, they sold numerous wearable NFT stickers, with users aggressively sharing referral codes. The hype was palpable.

Then, in a shocking turn of events, the entire project vanished, leaving everyone bewildered. pic.twitter.com/Ucnoi1IaRp

— nix.eth (@nix_eth) August 20, 2023

Connecting the Dots: Tracing Links Between Kosetto and Friend Tech

A recent inquiry conducted by a user on X (formerly Twitter) nix_eth The investigation has exposed unexpected relationships between the once-popular Kosetto and the trending Friend Tech:

Tracing 0xRacerAlt’s Digital Path: 0xRacerAlt 0xRacerAlt, recognized as one of Friend Tech's founders, has notable ties to the Kosetto project. Attempts to obscure these connections were made by privatizing social accounts and removing tweets, but thorough examinations revealed their links. Notably, 0xRacerAlt also interacted with Kosetto on their Discord channel.

Shrimppepe’s Web of Associations: shrimppepe Another founder associated with Friend Tech also appeared in investigations relating to the earlier Kosetto project.

A Clear Domain Connection: One of the most compelling pieces of evidence is the reuse of the domain Kosetto.com for Friend Tech’s API. This domain, which actively promoted Kosetto’s services, is verifiable across platforms like X, the Chrome Web Store, and Discord.

Why Does It Matter?

When ventures disappear suddenly only to reappear under a different guise, it gives rise to skepticism. Users place not just their funds but their faith in these ventures.

The abrupt downfall of Kosetto, correlated with the emerging links to Friend Tech, acts as a stern warning for users to tread carefully.

Friend Tech’s Elite: The Top Users

Despite the uncertainty surrounding the project, the community on X (Twitter) remains engaged with its unfolding developments. The concept of trading social profiles on Friend Tech has fostered an environment where individuals are now viewed as tradable commodities.

Nevertheless, some profiles draw more interest than others, causing certain accounts to soar in value and prominence.

Here’s a look at some of the highlighted figures within this digital space:

• Racer - Racer, a noted name in the crypto industry, takes the lead on the FT charts.
• FaZe Banks - FaZe Banks, a recognizable entity in gaming, commands a robust presence and high demand on this platform.
• Cobie - Cobie, mentioned previously when discussing the intricate details of Friend Tech, holds significant value.
• Ansem - The evident demand for this account underlines the variety of appealing profiles found on FT.
• Sisyphus - Gaining considerable attention, Sisyphus has managed to establish a unique niche within FT.

Caution in the Crypto World

While the rise of decentralized applications like Friend Tech fuels intrigue, diligent research by users is crucial. Gaining insight into a project's team, past, and communication methods is essential for making informed choices. Although Friend Tech shows exciting potential with its innovative ideas and influence, previous mysterious connections should be taken under advisement.

In the modern digital landscape, users are bombarded with abundant, yet fragmented information, necessitating independent dot-connecting. This allows them to move forward in a manner that ensures their investments are sound and well-informed.

Read more:

• Friend Tech Generates $1.4 Million in Fees Within 24 Hours, Surpassing Tron and Uniswap
• Shiba Inu’s Shibarium Locks Up Funds, Generating Concern in the Community
• Mantle’s L2 Network Community Erupts After FTX Group is Banned