Key Takeaways

  • Bitcoin and Uniswap lag behind Good in payment technology.
  • Over 100,000 pockets addresses and Twitter usernames leaked.

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Within the final 24 hours, Good, a social app constructed on Base, surpassed Uniswap and Bitcoin in charges generated however then leaked pockets addresses and Twitter usernames of over 100,000 customers.

Good, the not too long ago launched web3 social app that enables followers to purchase and commerce tokenized shares of creators and influencers, generated $1.42 million in protocol charges in simply 24 hours. Good is the highest 3 protocol by charges generated, solely behind Ethereum and Lido Finance, in keeping with knowledge from DefiLllama.

Regardless of nonetheless being in closed beta section the place customers want an invite code to affix, Good has already signed up over 108k distinctive customers who’ve accomplished round 1.3 million transactions since its launch on August tenth. Inside this brief span, Good has generated charges totaling $4.22 million together with $2.11 million in income.

The full worth of Good’s shares is roughly $8 million based mostly on the FRIEND index, which tracks the worth of all shares divided by a million.

Nevertheless, it hasn’t been all clean crusing for Good Right now, Banteg, the core developer of Yearn, unveiled a repository that exposes pockets addresses on Base and linked Twitter usernames for over 101,000 people—elevating questions in regards to the app’s means to guard consumer knowledge amid privateness issues.

On a optimistic notice for the platform, the mission announced a seed funding from famend enterprise agency, Paradigm final week. The precise funding quantity wasn’t revealed.

A few of Good’s high-profile customers embrace Y Combinator’s CEO Garry Tan, NBA participant Grayson Allen, and FaZe Clan’s co-founder Richard “FaZe Banks.”

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