The Problem
Scams and Security Concerns: The promise of "free money" makes airdrops an attractive bait for scams. Users often encounter fake airdrops, phishing scams, and malicious links which can lead to financial losses.
Market Impact and Wasted Resources: A significant portion of airdropped tokens are quickly sold by recipients that are not genuinely interested in the project. This leads to token price depreciation and wasted resources that could have been used to reward genuine community members.
Identification of Real Users: Differentiating between real users and bots or sybils is a major challenge. Misdirected airdrops not only fail to build a genuine community but also drain project resources and cause members to lose faith in the project.
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