DeFi

I'm actually looking forward to when people start getting this playbook and understanding airdrops are an exotic call option where you get screwed on the terms, while VCs and teams are guaranteed money.

If a team actually wanted to properly do this, they would just sell call options at a fair price to everyone. They don't.

At some point the population has to get engaging in this stuff is fool's gold, but at the moment financial literacy is the world's scarcest asset.

All comes down to will people stick around.

Don’t even disagree with the caption but:

a) the airdrop isn’t live yet so premarket prices don’t rly prove that point

b) this screenshot itself is fake and does not represent the premarket price action

You're right it was fake...

except the real one is just as bad.

how does premarket price action, i.e. before the token is even live, reflect the unfair dynamics of an airdrop?