airdrops are dumb
- tanks your chart
- inhibits price discovery
- does zero for adoption
- not connected to a funnel or desired metric/behavior
- lazy alignment
most airdrops come before there is any usable product, so ppl get their free magic internet money, sell it and call it a day
βBut it creates alignment?!β - does it? Maybe ppl will think twice before posting something negative but thatβs hardly a win. You should take the hard road of building advocates, and giving ppl a bit of free money isnβt the way
We got backed into airdrops by regulatory pressures. Itβs time to move away from them and towards a model that benefits your project long terms
Credit to @hosseeb for proposing the Holder Score concept. We're putting it into practice and open sourcing it so other projects can too.
Together we can make reputation matter and shift incentives toward long-term thinking. Airdrops should reward conviction, not just activity.