On Sept. 8, the team behind the decentralized social media protocol Friend.Tech transferred control of its smart contract to Ethereum’s null address, effectively relinquishing control of the project one year after its successful launch. In a social media post on X, the team stated: “Admin and ownership parameters have been set to 0x000…000 to prevent […]
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Generating only $21 in revenue in 30 days, FriendTech relinquishes control of contracts