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Reflections on Successful Airdrop Cases: Improving Airdrop Project Evaluation Strategies
Looking back at some recent cases of sudden wealth, I can't help but marvel that the Movement Airdrop has become a significant opportunity.
Although I completely missed this Movement's Airdrop, now that I reflect on it, even knowing the outcome, I might still choose not to participate.
I once established a set of criteria for evaluating Airdrop projects:
Avoid the testnet phase: Airdrop returns for testnet projects are usually not as good as those for projects after they go live on the mainnet.
Avoid complex tasks: Complicated task systems can discourage user enthusiasm, and the final airdrop distribution is often unrelated to the tasks completed.
Focus on Leading Projects: In highly competitive fields, the airdrop potential of non-leading projects is relatively limited.
Let’s analyze Movement using this set of criteria:
First of all, Movement is still in the testnet phase. Historical experience shows that testnet projects rarely have significant Airdrops, and large-scale token distributions usually occur when the mainnet goes live or close to the official release.
Secondly, Movement has set up a large number of tasks, giving the impression of over-demanding users. From past successful cases, truly valuable public chain projects often adopt simple Airdrop rules.
Finally, among the many public chain projects, Movement is not particularly outstanding. The Move ecosystem already has well-known projects like Sui and Aptos, and according to the principle of focusing only on industry-leading projects, the likelihood of lower-ranked projects receiving high-value Airdrops is relatively small.
Overall, Movement meets the three characteristics of test nets, complex task systems, and non-head projects, which are typically not within my consideration.
Despite this, I still missed this opportunity for wealth, which indicates that my assessment method still has room for improvement.
So, does it mean I need to adjust my Airdrop participation strategy? I think the success of Movement is more like an exception, and the probability of such a situation occurring is not high.
Considering the limitations of time and energy, a "net-casting" strategy of blindly participating in various projects may be counterproductive.
What I need to improve is to maintain a certain sensitivity towards projects with strong investment backgrounds and consider participating with a small number of selected accounts.
This way, at least when the project really succeeds, you won't feel regret.
Participating in an airdrop also requires balancing emotional factors and rational judgment.