PANews, May 11 - The token issuance platform Boop.fun announced on platform X the BOOP airdrop update, stating that it will end the new airdrop claims early. It pointed out: 'The current airdrop mechanism has not created platform value as we expected; instead, it has been exploited and manipulated, undermining the overall experience. The initial intention was good, but it failed in the design of the incentive mechanism, failing to effectively promote the healthy development of the ecosystem. Therefore, we have decided to stop this ineffective practice. If you have already obtained the airdrop quota within the vesting period, these quotas remain valid and can be accelerated by completing specific tasks.

Unclaimed BOOP will be reallocated for a brand new reward system. This system will launch in the next 1-2 weeks, aiming to better support meaningful token issuance and incentivize users who are genuinely willing to build in the long term.