The ID verification system JUST started. It is by no means a failure yet.
Airdrop is not quite the same as burn. An airdrop seems more likely to crash the price, but cause a wider distribution.
it's dead before it even got going. no one is going to go for it in its current form. it's an instant turn off. the fact you have to pay 8 bucks to total strangers each time and it may not even work is laughable.
You have a funny definition of dead. People are doing it.
You're totally omitting the referral bonus. The program is waiting for some motivated individuals to become power affiliates and start onboarding thousands of users.
You're also neglecting the fact that getting crypto is exciting. The $20 can become $200 pretty quickly.