Post
Topic
Board Speculation (Altcoins)
Re: Airdrops speculations thread
by
JeffBrad12
on 21/12/2023, 00:26:29 UTC
The issue I have with these points systems is that it is just an act of making rich guys become richer, the main points of airdrops before is to build ecosystems but with the points system f you don't have real money to stake, it won't worth participating, just look at the Ace airdrop recently, the team was quiet about it and small guys made real money from it. I know all these is to curb those farming airdrops but the points system to me won't last
its always like that, the dapps or the new blockchain needs money to flow in to them, therefore requiring participant to shell out some money temporarily. its like the recent blast staking program and also many more like manta, they require staking from the participants to get coin and there are some guys that willing to stake 150k ethereum just for the sake of participating and of course if the calculation is that the total allocated coin is rewarded proportionately to the point earned then easily the guy with that amount of ethereum will become the biggest holder of the coin. but thats just how it is for the devs to attract those stakers and get huge amount of TVL and as it seemed, so many project are following that path, requiring staking some amount of ethereum to get points, maybe they consider such method of token distribution a lot more beneficial than just letting people interact with their smart contract.
hopefully though the project that initially was proposed to be distributing their token through retroactive like interacting with smart contract like layerzero and the others still stay true to their initial plan.