$HMSTR: The Community Letdown, Despite the Massive Airdrop
Despite delivering what is likely the largest airdrop in crypto history to 131 million users, $HMSTR has disappointed its community in more ways than one. While the sheer scale of the distribution is impressive, transparency has been sorely lacking since the projectâs mini app launched.
The sudden introduction of vesting was one of the biggest issues, catching users off guard with no prior mention. Their whitepaper, if youâve read it, feels more like a mockery than a serious document outlining the projectâs vision. Instead of fostering trust, $HMSTR seemed more focused on monetizing through YouTube content, ads, referral links, collaborations, and their own suite of mini apps.
It's hard to imagine many participants being eager for a second season. If there's one lesson projects should take away, it's that the communityâs trust is paramount. Even with the largest airdrop on record, $HMSTR missed the mark by failing to uphold transparency. Itâs not that every participant needed a guaranteed minimum, but honesty and openness are non-negotiable.
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