And how has that gone for the below list of tokens? There are two ways that a team can airdrop a large percentage airdrop: 1) you have a killer moat, and are generating hefty revenue (can name those on one hand) 2) You treat your token as UA/marketing, i.e. -95%
Just so you understand the situation Pump fun has allocated a total of $10M for its airdrop In an industry that has seen: Uniswap $6.43 B ApeCoin $3.54 B Arbitrum $1.97 B Bonk – $1.33 B Celestia $0.73 B Blur Round 1 $0.45 B Aptos $0.43 B Blur Round 2 $0.37 B
Should $PUMP airdrop a larger monetary amount of tokens after raising $1.3b and reward its early adopters/power users for making this all possible? I think so, and I think they will. But, that's subjective. We have become too gluttonous as a space, don't kill the golden goose.
Show original
19.38K
10
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.