June 12, 2024 Grandpa checks in

ZK's airdrop caused strong dissatisfaction in the community. In fact, airdrops are difficult to satisfy everyone, and it is understandable that there are some minor problems. However, ZK's airdrops to top accounts are too many, which makes people question the behavior of insider trading. Although more than 600,000 addresses received airdrops, 5,000 addresses took nearly 15% of the airdrops, less than 60,000 addresses took 2 billion coins, and the total number of active addresses was as high as 6 million. In particular, the low-income accounts were almost wiped out. According to this airdrop standard, many studios will suffer huge losses.

However, ZK officials said that they have received community feedback and may readjust the airdrop strategy. However, my strategy for airdrops is to use a small number of elite accounts, and it is best to move actual trading needs to them, so as to minimize costs and risks. Of course, it is difficult to get rich with such a strategy, but the investment scale of the studio is large and it is not suitable for ordinary users. Moreover, I think there are many applications on the chain, and we should try not to interact for the sake of interaction. It is helpful for us to understand and learn some new things when interacting, and future interactions will definitely tend to airdrop to such real users.

Some people have been worried about the security of OK accounts these days. Some of my friends have withdrawn their assets for the sake of security, and most of them have withdrawn to BN. After all, there are not many large exchanges in China that are the safest and most convenient to use. Generally speaking, I would suggest that funds be kept separately. This time, someone in OK was stolen, so from the perspective of risk avoidance, you can first withdraw the funds, and wait until the storm has passed and there are no technical problems, and then put them in, and you can lose a little handling fee. However, based on my experience, it is highly likely that the stolen users have their own problems, otherwise it would not be as serious as it is now.

The market is still under pressure. Ethereum fell by dozens of points to 3,500, while Bitcoin is still hovering above 67,000. I can only say that it is very strong and will not fall too much in the short term. In fact, from the perspective of the development of the B-circle, if the market continues to be strong for Bitcoin and the copycats fall, it is not a good thing. The real development of the B-circle still depends on the application of the circle, and the market value is the most direct performance of a project. In the last round, many DeFi applications broke out in a concentrated manner, enriching the ecology. This time everyone is hyping memes, and this situation is difficult to continue.

Thank you for your attention and likes.