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Bitfloorsghost
@bitfloorsghost.eth
Alright, I put together a list of all the Farcaster-backed airdrops I could find so that we could objectively evaluate them to see how promotional drops from Farcaster helped a project's performance - in other word's whether the money spent on this type of marketing helped a project or not Since we are lucky enough to operate in the free market, we simply judge a project's performance by the price growth of their token in these cases because at the end of the day that's all the vast, vast majority of people care about If you have any issues with my workflow, what I disqualified, or how I looked at these things, feel free to simply re-run all these things with your own workflow, but no crying in the casino please (my replies) because I'm the one spending my time doing this lmao
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π YON
@yonfrula
interesting data, always thought it's not worth trying to buy users with airdrops.
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Bitfloorsghost
@bitfloorsghost.eth
my conclusion prior to doing this research was that it's absolutely NOT worth spending 10k to do an airdrop via farcaster for "marketing" the way it has been done so far, and i feel like that is shown here, but we will simply let others make their own calls im sure the response will be that app downloads are up xx% or whatever, but tbh no one cares about that if the token price is down
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Tokenized Human
@tokenizedhuman
Also, and more importantly, this is great, thanks for putting this together.
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SQX
@sqx
The apps care. Tokens donβt have a fiduciary duty to go up. They in themselves are marketing tools.
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Uncle HODL
@unchodl.eth
app downloads and dau numbers get the vcs moist and ready to gib monies, no?
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Hand Of Gold π€π£οΈπβ½
@thatweb3guy
What do you suggest is a better way of spining this
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Tokenized Human
@tokenizedhuman
Why do they have to pay 10k?
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