14h ago
Ok I will tell you guys an open secret about airdrops. So when you see tokenomics like 20% to team and 80% air drop to “eco system” or “users” Most of the time that air drop goes to the teams side wallets. (Not all of it, but a big majority) So if you are new you will say “ WOW 🤯 80%! To ECO SYSTEM!?! “ this is going to be great! Then it dumps, and team goes “ DAMN COMMUNITY SOLD GUSY!?” Really the truth is most goes to the team for one of two reasons. 1. Supply control. 2. To sell for $ Now if it’s done properly the air drop is just marketing, they don’t touch the 80% in side wallets, it makes the holder metrics look good, they have control over the float, and they pump in $$ from revenue or the $$ they raised or some other business. And the token goes up, organic volume picks up, then they sell slowly out to make back investment. In a bad case They just dump on the side wallets into pumps and say “ air drops don’t work! “ And to be fair a lot of times with big projects most the guys working on it don’t even know this is the game. This is also why you will see big raises for projects that seemingly don’t need the $ (for things like Eng and infra ) it’s because they need external $$ for liquidity and for bid pressure (see 1 ). Obviously this isn’t ALWAYS the case. I’m just telling you what the default is so you aren’t confused.
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