Credits are collected off-chain during testing and will have particular uses when the app goes into official release 100 million points will be distributed within 6 months.
This Friday, we’ll begin airdropping reward points to app testers. Points are collected off-chain during the beta period and will have a special purpose when the app enters official release status
100,000,000 points will be distributed over six months pic.twitter.com/MggfM4oitw
— friend.tech (@friendtech) August 14, 2023
Before that, users started speculating about the project’s airdrop potential. Many users have assumed that the points gained from referring new users to the platform will eventually translate into token airdrops, especially with the “Airdrop” tab integrated explicitly into the app.
On August 10, a new crypto-based social app went live and quickly exploded in popularity on Crypto Twitter. Called friend.tech, the app is a mobile-only app built on the newly launched L2 chain, Base, by centralized exchange, Coinbase.
Friend.tech allows anyone on the app to bet on the social value of other users on the platform through the purchase of other users’ shares.
In just one day, friend.tech amassed over 8.5k users and generated over 4.27k ETH trading volume from users’ stock trading. However, the volume dropped rapidly in the following days to 307.15 ETH on August 14.
Source: Dune
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
