Here’s what I’ve observed about why people get disappointed with crypto projects:
Many people join airdrop campaigns out of greed, hoping to make easy money. They put a lot of effort into completing tasks, like the #PTE (Play-to-Earn) activities that are popular on Telegram. Their goal is to sell the tokens as soon as the project lists them, expecting a quick profit. However, the people running the projects don’t want these types of users who are only in it for a quick flip. They take steps to build a strong community rather than letting it collapse right after the token launch.
This is why some projects, like #PiNetwork, take their time before launching—they want to avoid these problems. Still, some participants are patient and willing to wait. Here are some strategies projects use to prevent issues:
1. Legitimate projects on Telegram take random snapshots of users with large amounts of #airdrop tokens to make sure they are playing fairly.
2. They check IP addresses to ensure that one person isn’t using multiple accounts to join the airdrop. This helps catch cheaters in the #PTE space.
3. They monitor if two or more wallet addresses are linked to the same account to flag suspicious activity.
For example, with $HMSTR, they initially called the "hamster ranking" a leaderboard, but later shifted to Web3Quests, which became the key system. What most people missed was that HMSTR refused #VC_Funding, meaning they had to rely on games and other activities to fund the project. As a result, they rewarded players who spent time playing games to earn keys 🔑, which were tied to ads (I’ll admit, the ads were annoying).
One more thing: don’t expect a sudden rise in HMSTR’s value. The project has lost a lot of its loyal community due to speculation. Personally, I didn’t expect much from HMSTR, though I did play the annoying games.#BTC500K #BNBAnalysis #hamsterkombat24 #bitcoin☀️ #DOGSONBINANCE
