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It’s been a really long time since we had an airdrop that didn’t have a retarded distribution mechanic to benefit insiders who had advance knowledge of how the airdrop worked (claim delays & vesting, specific snapshots, wallet holding requirements, transaction count requirements)
$friend
1. KOLs sold (the bottom)
2. VCs never had any to sell
3. The founder gave up his own token allocation and is super based
4. Non crypto people don’t understand it now but they can and will eventually
What more do you want?
The primary beneficiary of airdropped tokens has always been the protocol team themselves and well-informed VCs. Study Calvin Liu
Knowing airdrop criteria in advance (and using that information for benefit) is similar to tradfi insider trading. So in a way he is right
People would rather buy toxic garbage with 5% of tokens circulating and play hot potato with insiders, than buy something which operates like a permanent call option on socialfi
I have no idea how racer convinced paradigm to give up token allocation, but it’s a very interesting experiment in how users behave when they control 100% of supply
Supply hits the market today, but the token does not have a ticking clock to unlocks and future price dumps
My corporate handlers have informed me I can’t tweet about anything besides friendtech for an indeterminate amount of time
I’m scared, but also excited. I hope paradigm finishes accumulating soon
i want to use more dapps on blast, but given my role, i think it's important i do so transparently
to that end i've loaded up 50 eth on a fresh wallet (0xc61b1152b3b560eaf264608aaa6fc586be6e6264)
what should i do first?