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Friends With Benefits is a blockchain-based project that aims to shape Web3.0’s future. It was founded in 2020 and is comprised of a group of more than 3,000 cultural creators, thinkers, and builders based across the globe who meet digitally and in real life. It hopes to capitalize on the growing Web3.0 ecosystem and use it “as a tool for creating and making things happen”.
FWB is the platform’s native cryptocurrency and is used for network governance, led by the Friends With Benefits DAO. It is also used to collectively fund projects within the Friends With Benefits ecosystem and incentivize community engagement. Everyone can purchase FWB, indeed official members of the Friends With Benefits project must own FWB. However, only approved members can receive more FWB tokens as a reward for network participation.
The core component of Friends With Benefits is a social DAO. It has 3000+ members with a diverse range of backgrounds that convene to develop ideas and projects set within the Web3.0 and creative industries.
The Friends With Benefits ecosystem also consists of the FWP Swap. Users can quickly and conveniently swap their FWP tokens with minimal fees.
Friends With Benefits has a unique membership process. In order to join the collective, prospective members must complete an application and share information about themselves including work history and personal information. The project currently prioritizes under-represented communities, musicians, artists, and creative individuals to join the ecosystem. Applications are reviewed by members of the FWB committee on a rolling basis.
There are two different levels of membership: Global Membership and Local membership. Global Membership requires 75 FWB tokens and provides access to the entire FWB network. This includes all Discord channels, invites to exclusive events, early access to FWB products under development, and DAO voting rights. To be a Local member, users must hold 5 FWB Tokens. Local Membership entitles members to newsletters, invites to Local Events, and city-focused Discord channels.
Events can include anything from local hangouts to the FWB FEST. A three-day festival dedicated to FWB and Web3.0 that includes outdoor activities, culinary classes, programming classes, and more.
FWB is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Uniswap V2 and Uniswap V3. The price of FWB will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for FWB market prices, please view the price charts on this page.
Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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