Aptos Labs Airdrop Drives Record Number of Daily Transactions on Arbitrum Network

Aptos Labs Airdrop Drives Record Number of Daily Transactions on Arbitrum Network

The Solana Killer project by Aptos Labs has attracted the attention of the crypto community.

Chinese crypto observer Colin Wu tweeted about the explosive growth of daily transactions on the Arbitrum blockchain. The blogger believes that the rise in daily transfers and addresses to an all-time high is due to the recent airdrop conducted by the Aptos Labs (APT) project team.

Aptos Labs Airdrop Drives Record Number of Daily Transactions on Arbitrum Network

“Since October 27, the daily number of transactions in the Arbitrum network has exceeded 420,000, which is a record high. Over the past five days, Arbitrum has been adding over 10,000 addresses per day. Perhaps the main reason is that users receive airdrops from Aptos,” wrote Colin Wu.

Recall that Aptos Labs is a startup created by the blockchain developers of the Diem Meta Platform payment system. At the stage of formation, the company's activities were financially supported
Coinbase Ventures, FTX Ventures, Tiger Global, Multicoin Capital, 3 Arrows Capital, ParaFi Capital, Irongrey, 3 Arrows Capital, Paxos and many more.

On October 19, the Aptos Twitter account announced
on the distribution of tokens and the launch of the Aptos first-level blockchain. Users were required to complete an application to participate in the Aptos Incentivized Testnet.

Previously, the developers introduced
project tokenomics. A total of 1 billion APT tokens will be issued, of which 51.02% will be distributed among community users, another 19% will go to developers and project participants, 16.5% tokens will be transferred to the Aptos Labs fund, and the remaining 13.48% tokens will be distributed among investors.

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