Trading volume of competitor Friend.Tech exceeded $2.3 million


Activity on Post.Tech, an analogue of the Web3 social network Friend.Tech, has grown hundreds of times in recent days – within 24 hours, trading volume on the platform exceeded $2.3 million, according to DappRadar data.

Trading volume of competitor Friend.Tech exceeded $2.3 million
Activity on Post.Tech. Data: DappRadar.

During the day, 11,830 unique addresses used the puncture, making 97,390 transactions. The same figures for Friend.Tech are 15,590 and 93,280, respectively.

Post.Tech was launched at the end of August on the Arbitrum L2 network on the Ethereum blockchain. For several weeks the platform showed no signs of life, but then it began to gradually gain momentum. On September 15, only 60 users were recorded on the social network, but by September 20 there were already 7,410.

At the time of writing, the volume of blocked assets on the platform is about $965,800 – within a day the figure has increased by 3242%.

The main differences between Post.Tech and Friend.Tech are the “mother” network, some names and opportunities for interaction with users, but the principle of earning money is approximately the same.

While the community awaits an unconfirmed airdrop of the “original” project, Post.Tech has promised to distribute $100,000 to users for activity between September 7 and September 22.

Let us remind you that in August the Friend.Tech team warned about possible blocking for using copies or copycats of the application. The publication caused a strong reaction from the community, so a few hours later the post was deleted, and the co-founder of the project under the nickname Racer published an apology for the “stupid statement.”

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