The trading blogger has started to try mouth farming, with both good and bad aspects~ After all, the largest fan base in the entire crypto community has always been the secondary market users, while the base of the Web3 community has historically only been about one-third of the former... The benefit is that this will bring a large amount of new liquidity from the secondary market, and projects that require a certain amount of capital to participate will gain significant advantages, such as savings, wealth management, staking, and so on... The downside is that all Infofi projects currently have a competitive reward mechanism; the cake is only so big, and as more people mouth farm, the smaller the piece each person gets, which is inevitable! For example, after @KaitoAI airdropped BOOP and Newton, or when Yappers and sKaito could be used as points for @virtuals_io, a large number of new mouth farmers entered this track... What followed was the frequent occurrence of the phenomenon...
Show original
40.53K
66
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.