Let's talk a little about airdrops in Telegram. What is this new phenomenon? Why can't Tier-1 projects like LayerZero, zkSync, Starknet with large investments and technologies bypass messenger memcoins in capitalization?
While major players are trying to fight sybils, shaking money out of their community for two years to mint useless NFTs, fees and liquidity, projects like Notcoin and DOGS are giving away to all project participants with ZERO costs for ONE month of activity (40 days passed from the day of the announcement of dogs to the distribution of the airdrop)! If this is not a phenomenon, then what is?
All these endless seasons of farming and the promise of TGE that soon, as the market will be prosperous, we will come out with an initial capitalization of several trillion dollars, with a listing on all the top exchanges. All this is done to drag its community, without which the project has no place to be in the quagmire of endless commission fees.
Previously, one of the main indicators of the project's gem was investments. Logically, the more money they collected, the more wallets they could distribute, as Arbitrum did in its time. Today, this is no longer an indicator. For listing on Binance and other top exchanges, huge investments are not needed. Exchanges do not need projects whose metrics consist of 90% of the sybil farms of seasoned abusers, from such a community they will receive three new registrations on the platform. A completely different matter is green and inexperienced schoolchildren, mothers on maternity leave, factory workers from WEB2, and all these 50 million users who stumbled upon their first $ 50 in crypto and decided to play on futures.
About Arbitrum, this is a whole separate story, from every iron they were shouting about the beginning of the distribution of free money through airdrops. Yes, this blockchain is unique in this regard, but something like this will not happen again. You can forget about homeless accounts with a balance of $ 10 and three transactions with thoughts of receiving a xxxx$ drop, this time has passed.
You can argue for a long time why Telegram memes conduct such large-scale airdrops. Someone will say due to simplicity and scale, I partly agree. Telegram turned out to be a very correct platform to connect WEB2 and WEB3, due to daily use for its intended purpose, as a messenger, people get a small bonus in the form of games, which in turn give away a penny, a little, but nice.
Unlike projects with large investments, where money often goes to developing complex products and technologies, airdrops in Telegram focus on marketing and token distribution. This allows you to focus entirely on the product and its quality, rather than catching multi-accounters.
Personally, I think that everything is based on faith. Everyone has their own, some believe in the project itself and its utilities, others become holders and believe that the coin will grow and give X. In any case, there are much fewer experienced players in this community who drain the entire drop with software and move on. Almost all token distribution goes to the community, and if at the NOT listing everyone thought that the glass would be pushed to zero and the project would end, then at DOGS everyone had big doubts about this, and that's what happened.
I don't do Tier-1 projects, I'm a farmer. I have a maximum of one account, I don't want to tie myself up for a couple of years in endless money-collectors and promises, in the end you'll still get shaved off, and the team and their "relatives" will get most of the drop.
You can read more about airdrops and earnings on this in my TG channel (link in the profile header)
#NOT🔥🔥🔥 #NOTCOİN #binance #Telegram #BTC