BlockBeats News, May 11, the token issuance platform Boop.fun announced an update on the BOOP airdrop, stating, "We will end the new airdrop claims early. The current airdrop mechanism has not created platform value as we expected; instead, it has been exploited and manipulated, damaging the overall experience."
The original intention was good, but it failed in the design of the incentive mechanism, which did not effectively promote the healthy development of the ecosystem. Therefore, we have decided to stop this ineffective practice. If you have already received the airdrop quota within the vesting period, these quotas will still be valid and can be accelerated by completing specific tasks.
Unclaimed BOOP will be redistributed for a brand new reward system. This system will be launched in the next 1-2 weeks, aiming to better support meaningful token issuance and incentivize those who are genuinely willing to build long-term.
