It seems the anticipation for the airdrop was enough to get people back on FriendTech, as transactions have picked up again over the past month.
It has been a while since The Block’s Data & Insights newsletter last talked about the social finance platform, FriendTech.
The protocol saw pretty explosive growth. Daily transactions on the platform peaked at over 500,000 just about a month after launching. There were days when over 70,000 addresses were buying friend.tech keys. But as we talked about with Runes, hype can only get you so far. One major draw for friend.tech users at the start were friend.tech points, which were earned by engaging with the platform. Points have now become a sort of precursor to airdrops, so many people wanted to get their hands on some.
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