While the concept is exciting and money is flying around, there are a few things to be aware of with Friend.Tech:

  1. Even though it is an app, it is not installed from the App Store and bypasses all of the requirements apps need to be listed. This means users may be put at risk.
  2. There is not much info on where user data is stored, and many people have been concerned with the lack of privacy brought by the app.
  3. All shares are very volatile and mostly dependent on the creator and their actions. If the creator decides to not use the app anymore or the hype dies down, prices will likely drop very quickly.
  4. Friend.Tech has high fees on buying and selling shares, which are unavoidable.