Airdrop

Social Network Web3 friend.tech On Base Will Airdrop Reward Points For Users

Key Points:

  • The Web3 social networking platform built on Base, friend.tech, announced that it would airdrop to test network users.
  • 100 million points will be released and distributed within 6 months from August 18.
  • The new crypto-based social app is live and quickly exploded after its launch on August 10 on Layer 2 Base.
Decentralized social platform friend.tech build on Base has officially announced that it will start airdropping reward points for users testing the application this Friday (August 18).

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.

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.

Victor

Recent Posts

Qubetics, Cosmos, and Chainlink: Why These Cryptos Are Your Best Bet for November 2024

Discover why Qubetics, Cosmos, and Chainlink are the best cryptos to buy in November 2024.…

3 hours ago

Best Cryptos to Buy in December 2024: Qubetics Presale Goes Ballistic as Ethereum and Quant Look to Build Momentum

Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…

6 hours ago

USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto products

Palo Alto, California, 21st November 2024, Chainwire

8 hours ago

Best Cryptos to Buy: Qubetics Set to Rise, Bitcoin Knocks at $100k Milestone, Avalanche to Release 1.67M Tokens

Best Cryptos to Buy: Qubetics presale rockets ahead, Bitcoin nears $100k, and Avalanche prepares to…

8 hours ago

Ike Goes Live on Mainnet: Unlocking Liquid Staking on Aleph Zero

London, United Kingdom, 21st November 2024, Chainwire

9 hours ago

Native USDC on Aptos Coming Soon to Boost DeFi and P2P Transactions

The move will see developers utilize USDC on Aptos in creating dApps on a wide…

9 hours ago

This website uses cookies.