Hey guys. Good day. We've seen a lot of meme projects rewarding airdrops to users with Telegram and Twitter accounts lately. It seems that's the new trend. It started with dog-themed coins, and now we've seen the likes of Olycoin doing well in the long run. Given that it's backed by Foresight Ventures, what's your opinion about this?
@OLYCoinBot
I saw a lot of meme coin too but all I can say is this feature now gains popularity in the crypto space, where airdrop paying to its users of Telegram and Twitter accounts has been implemented. From strategies that were shrouded in controversy over dog-money coins, it evolved to incorporate the likes of Olycoin and backed by Foresight Ventures and I applaud them for that. This support adds trust and support that may have a positive impact on a business's growth. If I'm not mistaken the community building using social media will be very instrumental in fostering better engagement and increasing growth plus if we considering this trend, one should be interested in the total project effort and strategy. Opportunities can come with the trend especially to you just need to be observant and have a well-researched eye but not every business succeeds no matter the strategies and hype.
