Spark https://x.com/vitalikbuterin/status/1828727585204842867?s=46 by V’s post today Airdrops often fail, with less than half achieving their goals. Since 2020, $32 billion in airdrops were issued, but $7.8 billion was lost due to dumping or inactive wallets, excluding losses from farms and bots. The core problem is poor targeting, leading to waste. As Vitalik Buterin noted, many tokens go to random recipients or get lost. Distribution needs to be more focused to reflect real contributions. Social capital, beyond just keys or URIs, represents trust and relationships in a community. Trustless protocols should use universal profiles enriched by on-chain and off-chain interactions. Leveraging social capital can make token launches fairer and reduce waste. A balanced distribution model reflecting true contributions is key to success in decentralized systems.
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Weekly Timeless Spaces on X (Episode #87) https://lnkd.in/gFMSkapk Show Notes & Research https://lnkd.in/g8Snq-Qx **8X Compression by our chief of staff @samalt 🙈** 1. 🚀 Shift to Telegram is huge! With 900M users, it's the go-to for crypto GROWTH. More bullish on Telegram than Farcaster. 2. 🧠 Farcaster vs. Telegram: Farcaster is great for intellectual capital, but Telegram is where the financial opportunities are. 3. 📈 Games like NotCoin and Hamster Kombat show how simple mechanics drive massive engagement. 4. 🏋️♂️ Anything worthwhile requires effort. Whether Bitcoin mining or Telegram mini-apps, hard work and resilience pay off. Embrace the grind! 5. 🌏 Early Bitcoin mining in China shows the power of seizing overlooked opportunities, similar to Telegram's mini-apps. 6. 🔥 "Don't seek Alpha, make Alpha!" 7. 🙉 "Status seeking Monkeys" That's the name of the game for 8 billion people.
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72 and sunny, cali is golden
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