What is airdrop hunting and how does it affect the crypto ecosystem?
Airdrop hunting is not an exact science.
“You ultimately have to use the protocols, hoping to ‘win’ by performing the right actions on the right protocols but not really knowing exactly what you have to do — like a game,” he added.Airdrop hunting has become a relatively common practice in crypto as individuals and groups seek opportunities to receive free tokens and make a profit.tips on the best ways to airdrop hunt, sharing protocols that might provide a chance to make a profit and swapping other airdrop-related advice.
She also noted that the practice could create long-term problems for protocols when trying to provide incentives for ecosystem builders and contributors, which are crucial for long-term growth. “This idea that there might be a generous airdrop and monetary value for using the protocol is actually how protocols get early users and the initial liquidity that they need,” he said.
However, she noted that there are other options available for protocols, such as exploring alternative token distribution methods or implementing more stringent criteria to ensure a fairer distribution of tokens among participants., which are non-transferable and will ensure only genuine supporters receive rewards if projects only airdrop to SBT-holding addresses.
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