In the ever-evolving world of cryptocurrencies, a newcomer has stepped onto the stage, and it’s making quite a splash. Post.Tech, a crypto-driven social network that made its debut on the Arbitrum network in September 2023, is quickly gaining the attention of the crypto community. With an impressive trading volume of over $2 million in just 24 hours, this groundbreaking platform is changing the way people interact in the digital realm. However, it’s not all smooth sailing, as concerns about user privacy have arisen as a potential challenge for this platform. In this article, we’ll take an in-depth look at how to use Post.Tech and uncover the potential privacy risks associated with this decentralised app (Dapp). Plus, we’ll explore how it has rapidly grown from handling 2,000 daily transactions to a whopping 87,000.

The Ascent of Post.Tech

Post.Tech is on the rise, with trading volumes surpassing $1.8 million within a single day for the first time. It’s a direct competitor to the recently launched Friend.Tech, although their strategies and business models differ significantly. Both platforms offer token-gated channels, where users can buy and sell access tokens, with a 10% transaction fee that’s split evenly between the app and the channel owner.

However, Friend.Tech, being the early bird, boasts much higher trading volumes, with some days reaching up to $20 million in transaction volume. Data from a Dune dashboard created by TK Research shows that Friend.Tech has accumulated a total trading volume of $250 million since its inception. In contrast, Post.Tech, launching a month later, is still operating on a smaller scale in terms of trading volumes.

How Post.Tech Works

Post.Tech operates as a decentralised social network with a unique twist: users must acquire “shares” of other users to engage in conversations. Here’s a step-by-step guide on how to make the most of this platform:

1. Sign-Up with Post.Tech:

At the moment, the platform is in beta mode and can only be accessed through phone or laptop browsers. During the sign-up process, you’ll need to link your Gmail or Apple email account.

2. Obtain a Post.Tech Invite Code:

As of now, Post.Tech is invite-only. To get in, you’ll need an invite code from an existing user, like a friend or colleague.

3. Fund Your Wallet:

To get started, transfer Ethereum (ETH) via Arbitrum chain from your personal wallet to your in-app wallet on Post.Tech.

4. Create Your Profile:

If you link your X (formerly Twitter) account with Post.Tech, your profile will be automatically synchronised.

Some Key Sign-Up Points:

• You can follow others without having any funds in your wallet.
• Liking and commenting on posts by friends on Post.Tech don’t require any funds.
• However, if you want to send someone a message, you’ll need funds in your wallet because you’ll have to buy shares of that person.

Benefits and Features of Post.Tech

Building Communities:

Users can create and participate in communities by purchasing shares of specific individuals.

Trading Profile Shares:

Profile shares can be traded just like other digital assets.

Connecting with Influential Figures:

Acquiring shares of renowned individuals or influencers makes it easy to connect with them.

Earning Opportunities:

Users can earn a portion of trading fees when their shares change hands.

Airdrops:

Post.Tech offers users the opportunity to earn through airdrops, where points are accumulated for various activities such as likes, comments, trading shares, invites, and other forms of engagement.

Dapp Sensation

Post.Tech made its debut in September 2023 and quickly became Ethereum’s most-discussed Dapp. As of September 22, 2023, data reported by The Block indicates that Post.Tech is catching up with a trading volume exceeding $1.8 million in a 24-hour period. While Friend.Tech enjoys higher trading volumes, Post.Tech is making significant strides, with daily transactions surging from 2,000 to 87,000.

Harnessing Airdrop Momentum

In recent days, activity on Post.Tech has seen a remarkable surge. On September 20, the platform recorded $875,000 in transaction volume, as reported by DappRadar. Over the last 24 hours, it registered $1.8 million in volume, with daily transactions skyrocketing from 2,000 on September 16 to the current 87,000. Data from DappRadar also reveals that over 11,000 unique active wallets interacted with Post.Tech in the last 24 hours, in comparison to 15,700 wallets on Friend.Tech.