Airdrops are a great way to attract people into newly-fond crypto projects. They're basically "free money" for not doing anything in return. Some projects have been widely successful after an airdrop, while others have gone all the way down the drain. There's been a upsurge of airdrop hunters looking to "milk rewards" from the system, effectively dumping all of their coins/tokens on the market for profit. While most projects have been quite flexible in the eligibility for an airdrop, one project decided to take the stand by adopting measures to prevent abuse. Parachain Swap's airdrop has been quite controversial as it only rewarded a small portion of its users. The vast majority of the people weren't rewarded (especially airdrop hunters), resulting in a decline of the token's price.
Do you think it's a good idea to penalize airdrop hunters? Will this do more harm or good to the adoption of crypto/Blockchain tech? Your input will be greatly appreciated. Thank you.
If hunters are abusing an airdrop campaign, developers are right to penalize them, because it's usually stated in the application rules participants can't do some things, especially joining it with multiple accounts (what is really common), and if they are caught doing that, of course they shouldn't be paid. But at same time, I also understand some developers are the cheater ones who will use any excuses to penalize their employees in order to distribute less coins as possible to decrease the dump effect in the market, while being promoted for free.Do you think it's a good idea to penalize airdrop hunters? Will this do more harm or good to the adoption of crypto/Blockchain tech? Your input will be greatly appreciated. Thank you.