Why Tap2Earn Airdrops Do not Happen Now

in LeoFinance4 months ago

The TON Network ecosystem has been enlarging thanks to the success story of NOT project which gathered millions of tappers to the blockchain and Telegram app. Formerly, TON chain was a less - known blockchain that people expected to be forgotten in the course of time.

However, starting from $2 before the NOTCOIN hype, it has reached $7.25 as of writing. The fantastic growth of the network can be mostly attributed to a single hype: Tap - to - Earn.

The concept can be easily explained as doing very limited things to get virtual points which turn into tokens when the airdrop takes place. For example, NOTCOIN distributed 1 NOT token per 1000 points, or we can say 1000 times touching the screen. However, you may collect what the bot harvested for you or stake the points like in Hamster Kombat to grow your daily passive earnings.

When An Airdrop Does NOT Happen

The projects know that the distribution of tokens also means that the end of the engagement they have on the social media. Thus, they need to create a business model and sustainable mechanism to keep the attention on themselves. For now, $HMSTR coins' pre - market version is traded on Kucoin and the traders can also estimate the value of the token when the launch comes true.

Secondly, the market is not doing great to create a new coin. When a new coin is issued while the market is struggling, the holders will choose to take profit to buy a token that they had in their minds rather than carrying the risk of holding a new one.

Due to the problems in the crypto ecosystem, this would be a strategic mistake for a coin to be launched because of the possible sell pressure they will have. Also, when there is no airdrop and growing numbers of users, it is easier for the projects' developer teams to ask for seed investment or financial support. Also, if a project does the airdrop earlier than the others, the other projects can outperform the statistics.

What do you think about the reasons for postponing airdrops?

Share your thoughts below 👇

Hive On ✌️

Posted Using InLeo Alpha

Sort:  

It is interesing to see how will the team's strategy over the current market price , but so far I guess they are getting quite a lot of fund just fromtheir adsense income.
but let's see.

We must admit a lot of users are waiting for the sell opportunity. How this market will look like must be carefully checkmated or it will just be another end of project. Looking forward to see if actually all these taps will earn

It does look a good thing for hamster kombat onboarding millions of users.

Delaying airdrops to avoid sell pressure makes sense, especially in this volatile market. Smart move, very smart

This post has been manually curated by @alokkumar121 from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

image.png

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @alokkumar121 by upvoting this comment and support the community by voting the posts made by @indiaunited.

This post has been manually curated by @alokkumar121 from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @alokkumar121 by upvoting this comment and support the community by voting the posts made by @indiaunited.

launching a new crypto is not an easy thing to avoid dumping the project