Hello! Sometimes I am asked why I do not participate in basic projects with potential drops like ZORA, Linea, Scroll, Berachain, Farcater, etc. Now I will tell you my vision on this matter.
Firstly, these projects are too competitive. It is impossible to compete with professional teams that have 2000 wallets on software, 4 workers working manually, a bank of $100k+, and a public of 20k+ people with referrals.
Secondly, there won't be enough money for everyone. Even with $500 million in investments, with such competition they will hand out $200-300 at best for a year or two of work. It's not a fact that this will cover the costs at all.
Thirdly, the criteria sucked out of a finger and distribution to the team's wallets. We all know about this and turn a blind eye, because this is one of the conditions of the drop - to launder money for both the team and other insiders. It's just that small projects do it more competently and beautifully, and someone went nuts and contributed empty wallets without transactions to the distribution.
Fourth, milking your community. Introduce liquidity, burn it on commissions, buy useless NFTs. This can last for years, and in the end, no one gives a damn about how much money you burned in their blockchain. They give away some NFT for a testnet, which has a supply of 5k.
Besides, I just don't like the project. For example, ZORA. It's just some kind of garbage: you sit and mint NFTs for years. What for? Why? Don't I have anything better to do? Making monotonous transactions, voting - complete crap. If I don't like the company, I don't do it, and I don't give a shit about investments, awesome Twitter and another mega technology, zero FOMO when distributing this garbage. I came here to combine business with pleasure and I want to see that the team is trying to involve its community in an interesting race, and not this wank for $10 software.
And finally, I don't believe in a lifechange from Tier-1 for several million wallets - this is nonsense, everyone will end up slapping a B-boy on the lip. I believe that Tier-2/3 will distribute a couple of tens of thousands of addresses for a modest company without a strong awl. And here you don't need huge investments and mega-technologies, you need a competent team and a strong community.
In the pin you can see a list of projects with a potentially good drop. Who do you think will give away how much? Most likely they will give away all or most of them, but it will be $100 for 2 years of sweaty palms. I don’t do any of them on purpose, maybe I’m catching something somewhere, it will all be a complete rect and tears.
More details on how to earn money on aidrops can be found in my TG channel (link in the profile header)
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