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No Airdrop Policy

$PEACH tokens are only available through participation in the public sale.

The Fatal Flaws of Current Airdrop Models

The first flaw of Airdrops is that they were presented as free money. It’s not uncommon to see marketing materials claiming “$XYZ millions worth of tokens to be airdropped”. This marketing is done even before the product that will support the token economy has been built.
In the real sense, the market determines the price of a token and not the issuer. The market calculates the intrinsic value of a project by looking at the product, team, and token utility among other factors. Hence, when projects assign an arbitrary value to the airdropped tokens of projects that haven’t been built; they often inadvertently create a community of freeloaders.
The second flaw of the current airdrop models is that they attract opportunists who have no interest in the project, the team, or even the token itself. There are now hundreds of communities built around chasing down airdrops, getting as many “free” token as they can get, and then waiting eagerly to sell the tokens at the first opportunity they get.
Such opportunists won’t actively promote the project beyond doing the bare minimum required to secure “free tokens” and they often promote the projects to like-minded opportunities rather than to potential users or patient long-term investors.
The third flaw of current airdrop models is that they don’t have structures in place to ensure that people HODL the tokens. As soon as the token sale is completed, and the project is listed, the opportunists are the first to sell their tokens thereby creating FUD in the hearts of actual investors – the FUD could then trigger a selloff from which some projects never recover.
Last modified 7mo ago