On September 10th, DLNews reported that venture capital firms Paradigm and Notation Capital invested in friend.tech's seed round at an undisclosed valuation. Many cryptocurrency investors purchased the project's FRIEND tokens. It is reported that friend.tech's daily user growth has dropped to single digits and daily costs have decreased from $2 million to less than $100. Earlier, the Friend.Tech team gave up control of the smart contract after growth stagnated.