Agree with @toly

~$5-10 airdrops don’t incentivize people who want to use apps with a utility token, they incentivize farmers who dilute the quality of discourse in the network

The degradation to content quality is not worth the DAU bump imo (empty calories)

First Solana token airdrop to @farcaster_xyz users (using zk compression!). We've got 4 more Solana token airdrops lined up totaling $80k. DM me if you're interested in running an airdrop

While it’s awesome to see solana infra used, I think airdrops for growth model isn’t what socialFI should be. You end up with a bunch of airdrop farmers at best, and bots on average.  

Imho, figure out a way to surface DAO asset management into groups and social and charge bips

toly 🇺🇸

Agree with @toly

~$5-10 airdrops don’t incentivize people who want to use apps with a utility token, they incentivize farmers who dilute the quality of discourse in the network

The degradation to content quality is not worth the DAU bump imo (empty calories)

https://x.com/aeyakovenko/status/1928829488043098226?s=46

friendly neighborhood shitcaster // working on @pinetree

That assumes the targeting is naive instead of sophisticated. That’s the flaw in this argument.

Only way to grow in crypto is money. Various tactics, but there’s no non-money version that can scale. Believe me, I’ve tried for years.

Can you say more? I think the rewards model is pretty good because it incentivizes real use of the platform, whereas airdrops incentivize farming. If you need airdrops to grow, you haven't built something enough people want. Very few projects that did an airdrop developed real power.