A saying goes: How are those family members who are still using the perpdex before TGE doing?
"Has the testnet airdrop rewards ended?" Yesterday, I accidentally discovered that many people were angrily criticizing @monad about the airdrop results, only to find that this time the Monad airdrop results basically announced the collapse of the testnet's "black slave" interaction and airdrop logic, and in the future, it's highly likely that no one will be participating in the testnet anymore. How did this track become popular? In the past, when CEX evaluated a project's fundamentals, they paid great attention to the liveliness of on-chain data and active user metrics; project teams needed popularity during the cold start phase. So for a long time, project teams tacitly allowed or even reached an agreement with the airdrop army: you come here to airdrop and help me get listed, and I will airdrop to you in return, and we will share the profits together. This track was incredibly friendly to studios and small retail investors because there were no significant costs involved; it was purely a competition of technology, manpower, and execution. Once listed, the returns were enormous. Some KOLs and studios I know have made billions purely from this track. I also invested in a small studio and made good returns on some projects; those were truly good days. But nothing lasts forever. With the collapse of the VC coin myth and the resurgence of Meme, the original listing logic has gradually begun to change. We see more and more project teams backstabbing the early airdrop army, and we also saw @Ice_Frog666666 fighting for rights and creating a new track. The tacit understanding between project teams and airdrop participants has gradually been broken, even disappeared. One fundamental reason is: CEX listings no longer look at on-chain data and users because everyone knows these data are heavily inflated. When the Monad testnet reached over a hundred million users, it didn't need verification, right? Are there really that many active real users in the global crypto space? 😅😅 So I stopped my studio from participating in the Monad testnet early on because the project team couldn't distribute money to so many people. ~~~~~~~~~~~~~ From the perspective of the Monad airdrop group, they are selecting the groups most likely to bring them real traffic and funds in the future, including: Active traders (active gamblers, I am one too 😂) Large holders in the crypto space (important depositors in DeFi protocols) NFT players (those who used to be relatively wealthy and loved to try new things) Selected community members (currently wealthy community members) KOLs (who bring topics and discussions) This is a very realistic choice by foreigners -- if you can bring me benefits, I will airdrop to you. The testnet indeed brought excitement, but they may feel it didn't bring much actual significance? (But I saw the morning's table, it should still have given some people in the testnet something, but most people didn't get anything), which is tough for the brothers who have been involved for over half a year. So, for small retail investors relying on providing labor to enter the primary market and take advantage of the cheap airdrop period, that has indeed come to an end. The door has actually been closing for a while; Monad's airdrop just closed the last little gap. Adults, the times have changed. ~~~~~~~~~~~~~ Of course, I personally think that completely dismissing all the contributions of testnet users is a bit excessive; it doesn't rule out that some users in the testnet will stay and continue to build on the mainnet. Perhaps in the future, we can consider some conditions for filtering? But filtering real users from over a hundred million is something I personally don't have mature suggestions for; I guess the project team is also troubled by it. If you have ideas, feel free to share in the comments 😅😅😅.
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