Q1: What is the Friends Protocol? Friends Protocol is a social network built on the TON network that uses NFTs to connect users and expand their social networks. It is specifically designed for Telegram's 1 billion users and offers a referral rewards program, an in-app social network, and a DAO management system protocol.
Q2: What problem does Friends Protocol solve? Friends Protocol aims to onboard millions of users onto the TON Network, establish a strong user base and infrastructure within the Telegram ecosystem, and create an all-in-one entry platform that aggregates all newcomers.
Q3: How do I join Friends Protocol? To join Friends Protocol, you need a Telegram account and the TonKeeper app installed on your mobile device. You also need to pay 15 TON to register and obtain an NFT that signifies your membership.
Q4: What benefits do I get as a member of the Friends Club? As a member of the Friends Club, you enjoy increased privileges within the social network, governance rights for the Friends Protocol, community and DAO Treasury, access to specific group chats, the opportunity to earn more referral rewards, and the ability to connect with more friends.
Q5: How does the referral process work? When you invite someone to join Friends Protocol, you receive a 50% cash back on the minting cost of initial Friends Club NFTs. You can find your own referral link in the sidebar or by scanning the QR code on your NFT card.
Q6: How can I level up in the Friends Protocol? To level up, you need to invite at least three new members to join the protocol. Once you've done that, you can apply for a level-up by sending TON to the Protocol. The process involves an "Applier" and a "Reviewer."
Q7: How does the search process work in the Friends Protocol? The search process begins when you apply for a level-up. The protocol uses a Directed Acyclic Graph (DAG) structure to search for the nearest member who is at a higher level than you. The more people you invite to register in the protocol, the higher your chances of being selected as a higher-level member.
Q8: What are the minimum requirements for claiming rewards? There are certain requirements for claiming rewards:
Q9: How are NFTs and levels related in the Friends Protocol? The levels in Friends Protocol are tied to the NFTs that a user holds. The higher the level of NFTs, the higher the level of the user within the protocol. The level of a user determines their privileges and influence within the Friends Protocol community. More information is available on the Levels Explanation | NFTs page.
Q10: Can I transfer my NFT tokens? Yes, the Friends Protocol design emphasizes liquid, fluent, and flexible usage. You can transfer NFT Tokens in two major ways. One is through the Transfer button that shows on TonKeeper. The other method will be listing them on secondary NFT marketplace.
Q11: What happens if I want to sell my NFT Pass while in the Level-up status? You cannot sell your NFT Pass if you are in the Level-up status. This is to ensure that the level-up process is respected and to maintain the integrity of the system.