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.
Airdrop hunters has nothing to do with the price because if we do really tend to look at on how much coins been allocated for bounties then it is really just small.It is just the community or the demand 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.
would really fluctuates whenever a project does have those bad shady moves because the community wouldnt really be blind or could trust up a project if ever they do have that kind of behavior.
One of the risks when you do deal up with bounties is that you could neither be paid or get scammed or been hold on to those token pays of a certain project.
Deal with the risks and you cant do anything about those price movements.