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Friends With Benefits DAO Releases Social Networking App

Popular decentralized autonomous organization (DAO) Friends with Benefits (FWB) is rolling out a social networking application, the group announced Thursday on Twitter.

While FWB built its initial community through a token-gated channel on Discord, its app will help streamline communication through a decentralized, members-only platform. FWB said in a blog post that the app aims to build genuine relationships by allowing members to connect with each other, read governance proposals and discover upcoming in-person events.

“Our social platform isn’t meant to onboard millions of users as quickly as possible; instead, it is a human-scaled piece of software that optimizes for positive group dynamics, digital socializing, meaning-making and hanging out,” FWB said on Twitter.

To join the app, community members must hold 75 FWB tokens, the community’s native cryptocurrency, which is about $800.

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