What is the impact of the FriendTech plan to launch an independent chain on itself and the Base chain?

Recently, news about FriendTech planning to launch an independent public chain called Friendchain has sparked widespread discussion within the industry. This article invites several experts from the Web3 field, including deep participants in the Farcaster ecosystem, independent researchers, and investors, to jointly explore the potential impacts of this initiative.

First, the experts compared the similarities and differences among mainstream Web3 social protocols such as Nostr, Farcaster, FriendTech, and Lens. They believe that these protocols each have their own characteristics in terms of decentralization, user experience, and business models, but all face the challenge of balancing decentralization with user-friendliness.

Regarding the decision of FriendTech to launch an independent public chain, experts have analyzed the potential advantages and disadvantages it may bring. On one hand, an independent public chain could provide FriendTech with greater autonomy and flexibility, helping it further optimize user experience and expand functionalities. On the other hand, this also means that FriendTech will face more technical and operational challenges, which may affect its position within the Base ecosystem.

Experts also discussed the differences between Friendchain and Degen Chain. They pointed out that, although both are independent public chains targeted at specific social platforms, there may be differences in terms of technical routes and target user groups.

In addition, there are reports that Farcaster may launch a token. Experts have engaged in discussions about this, analyzing the potential impact of the tokenomics on Web3 social platforms, as well as how to design reasonable incentive mechanisms to promote the healthy development of the ecosystem.

Finally, the experts discussed whether Web3 social protocols need to break through the barriers and reach the general public. They believe that while expanding the user base is crucial for long-term development, at the current stage, these protocols should focus more on improving product quality and user experience to lay the foundation for future large-scale applications.

Overall, FriendTech's decision to launch an independent public chain reflects the rapid development and fierce competition in the Web3 social space. As major platforms continue to innovate and optimize, the landscape of the future Web3 social ecosystem may undergo significant changes. For users and investors, closely monitoring the developments in this sector and carefully assessing the strengths and potential of each platform will become increasingly important.