Warpcast

Farcaster

The issue with requiring people basically never sell airdrops in order to qualify for future airdrops is two fold

1. It once again rewards people who already have money

For many people here a 50 dollar airdrop is significant, so it’s a bit exploitative to punish them for using money that could improve their lives. This is no issue for people who already have a lot of money - rich get richer.

2. It’s ultimately an attempt at gaming normal market forces, which never works out

It’s basically a form of soft staking, and we all know staking doesn’t work to prevent sell pressure

Ultimately, if you make a good product, people won’t sell it. It’s on the teams to make their product attractive so we want to hold it, not just threaten people if they want to improve their lives.

Carrot, not the stick

Problems arise:

1. What if i already had some of the tokens airdropped and was actively trading them? should i simply lock those funds for good?

2. What if i mistakenly auto-swapped in-app tokens that were part of an airdrop (2-3$), to get usdc, as prompted by warplet (happened to me).

3. Ultimately, rewarding users for different criteria and then forcing them to not utilise the airdrop, for fear of not being eligible for future rewards, is a bad take that i believe does not limit sell pressure - but what can limit it is quality, utility and actual use of those tokens .

Building growth with passion | /wevibe  | built @degenbott  |