- Friendtech has exceeded an inflow of 80,000 Ethereum (ETH) tokens.
- The Friendtech ecosystem comprises 66,700 sellers and 144,300 buyers.
- Friendtech has accumulated 4,000 ETH in fees since its inception.
In a tweet, NFTgators, a reliable source for NFT aficionados, recently highlighted key achievements of the newly introduced Social-Fi application, Friendtech. The tweet revealed that Friendtech had exceeded an inflow of 80,000 Ethereum
Furthermore, the report indicated that many transactions originated from a community of 211,000 distinct sellers and buyers. NFTgators revealed that the Friendtech ecosystem comprises 66,700 sellers and 144,300 buyers.
Additionally, the tweet was complemented by a graph from the well-known blockchain analysis company, Dune Analytics. This graph provides insight into the performance of the Social-Fi protocol in the last 30 days. According to the graph, Friendtech experienced the most significant inflow activities around August 22. This was the time when the transactions of the social app exceeded 80K ETH, equivalent to $128,320,000.
Furthermore, NFTgators reported that the protocol sees a daily average inflow of 2,400 ETH via 113,000 transactions, based on data since September 10. The report emphasized that the average transaction on Friendtech resulted in an inflow of 0.02 ETH, approximately $40. NFTgators also noted that the daily transactions produced 122.4 ETH in fees, equivalent to $197,000.
Based on the data from NFT resources, Friendtech has accumulated 4,000 ETH in fees so far. Considering the current trading price of ETH at $1604, this translates to more than $6,416,000 in just 30 days since its inception. In the wake of Friendtech’s launch, Coin Edition reported an incident where a developer allegedly diverted over $220k from users’ funds through a counterfeit app version.
