Friendzone Launches on Polygon Blockchain This Month: A Social Platform with Rewards for Creators and Developers (Please note, the title provided is a summary based on the news content, not a direct copy from the source articles.)

**Title: Social Application Friendzone Set to Launch on Polygon Network This Month**

**Date:** Friday, February 9, 2024

Social marketplace Friendzone, built by early-stage team members from Band Protocol, Synthetix, and Koinly, is set to launch its operations on the Polygon Proof-of-Stake (PoS) blockchain this month. Following the Polygon PoS launch, Friendzone aims to expand its network to Polygon zkEVM (Zero-Knowledge Ethereum Virtual Machine) later. The innovative platform sketches an exciting future for social media interaction backed by blockchain technology.

Friendzone positions itself as a marketplace designed to foster influencer communities and incentivize real-time adaptive pricing and reward distribution, allowing developers to create new apps for their audience. The platform’s pre-launch application was off-chain, built specifically to enable early registrations and social engagement.

In January, Friendzone reported a 600% increase in registered users and completed 10,000 user quests. This surge in growth signals a remarkable achievement for the platform, which has been carefully crafted by the pioneers of some of the leading cryptocurrency industry projects.

CEO and Co-founder Kevin Lu expressed the company’s enthusiasm for utilizing blockchain technology and targeting the social application space. He shares: „Friendzone is a new social platform with two main parts. The surface part is user-friendly and lets people manage their social connections and activities. The deeper part, called LayerSocial, allows developers to create new apps that use the platform’s social connections and data.“

The platform aims to expand its ecosystem by collaborating with other apps over time, as Friendzone itself is designed to connect users with a range of social applications. CEO Kevin Lu elaborated by stating, „Friendzone is a place where people can connect and use various apps, and it will start working with other apps this year to make its own app ecosystem grow.“

The initial anticipation and excitement for Friendzone gave way to significant traffic and volume after the platform allowed influencers to monetize their audiences. Nevertheless, the wave of hype gradually receded, causing the user base to fall more than 90% from its initial peak.

Amidst this challenging environment, Friendzone has managed to bounce back and present an inviting foray into the world of social media backed by blockchain technology. With the launch on Polygon PoS as well as Polygon zkEVM ahead, Friendzone is set to blaze trails in the social media and blockchain space.