$HMSTR has disappointed the community despite executing one of the largest airdrops in crypto history, distributing tokens to over 131 million users. While this scale of distribution is unprecedented, several issues have overshadowed their achievement. The project has been plagued by a lack of transparency since the launch of their mini app. The sudden introduction of vesting, which was never previously mentioned, caught users off guard, and their whitepaper lacked clarity and detail. Instead of prioritizing the community, $HMSTR seemed more focused on monetizing through YouTube, ads, referral links, collaborations, and their own mini apps. With their token down over 60% since launch, it’s unlikely that many will participate in a second season. Projects should understand that community trust is key, and $HMSTR’s lack of transparency has eroded that trust. It’s not about guaranteeing everyone a minimum amount but being upfront and honest with the community. Ultimately, despite the massive airdrop, $HMSTR has fallen short of expectations.
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