Today I came across what Berachain co-founder Smokey said, the airdrop army feels like the sky is falling directly. They believe that large-scale airdrops are actually more harmful than beneficial.
Why do they say this? He explained that the wider the airdrop is spread, the more people there are holding tokens without any cost, and these people could become 'potential sellers' at any time. Moreover, many large trading teams in the Asia-Pacific region are targeting tokens with airdrops to short them, think about this operation.
More critically, airdrop tokens can easily be manipulated, and in the end, most of them may end up in the hands of insiders, while ordinary players may not be able to get anything substantial.
Not only talking about airdrops, Smokey also mentioned that ICOs and public offerings might make a large-scale comeback. He believes that if most project teams are smart in the future, they should do fewer airdrops, just 1%-2% is enough, and instead, they could conduct public sales, selling 5%-10%, which might be more reliable.
If all project parties follow suit, then the airdrop army will simply take a break and go back to farming. #空投分享