I'm curious why do they need their community to donate when they're funded by millions of USD by VC's from what I'm seeing in their site.
It's similar to arbitrum stip that they won grant from prior, if they win this grant, funds received will be used to incentivize timeswap pools on polygon. But, just now I realized I fucked up, the grants were over on 24th January, dunno why we were able to donate after that, myself donated on Jan 25th.
In most cases the new project is managed by airdrop for the main reason of promotion and inviting investors. But all these activities are now available because a project AMA participates in various big groups to introduce them where they are doing very good promotion work with small money.
Airdrops are best promotional material right now, who watches AMA? couple hundred people on good day. How many people a good airdrop reaches in a day? Thousands to millions.