The developers behind Friend.tech, the viral decentralized social media app built on oinbase">Coinbase’s Base layer, say the platform’s sudden explosion in growth has caught them by surprise.
In just two weeks since launch, Friend.tech has generated over $2.8 million in protocol fees, outpacing major DeFi platforms. Over 115,000 users have engaged with its mechanics allowing purchase of tokenized “keys” to Twitter accounts.
Given the app’s unexpectedly rapid user adoption, the pseudonymous founders known as Racer and Shrimp admit they’ve been focused on urgently scaling infrastructure and fixing bugs rather than long-term planning. Their priority has been preventing crashes from overwhelming demand.
Initially intended as a load test, Friend.tech immediately hit server capacity when it went live in invite-only beta on August 10th. The founders say they’ve been playing catch-up ever since as usage exploded beyond expectations.
While popularity has exceeded their projections, the two-person team is eager to stabilize Friend.tech before considering future growth or potential legal issues around securities regulations.
Racer says they are excited to implement more features down the line. But for now, the developers simply want time to catch their breath after scrambling to keep their runaway hit app online and running smoothly.
