Projects rewarding active participation are getting increasingly rare.

[Crypt Prof]

It's been a while since we have actually seen projects that care about the effort their community put in. If someone should say TON projects, I'll flip because apart from a few that popped up randomly and I somehow managed to miss, the majority has been mid at most. Still, occasionally you'll see some tokens being hyped on Twitter when the allocation is good and when everyone and especially those that actively participated benefits. The only problem is the rarity these days, I think that last one I saw people quite positive about was PENGU, it's an NFTs collection token or something like that. Anyway I think it got listed today and people were very satisfied, someone can tell me what exactly happened. Either way, prior to that it has been dust and dust, back to back and it's honestly quite disheartening. I wonder if anyone knows the reason why.

[Aanuoluwatofunmi]

It's been a while since we have actually seen projects that care about the effort their community put in. If someone should say TON projects, I'll flip because apart from a few that popped up randomly and I somehow managed to miss, the majority has been mid at most. Still, occasionally you'll see some tokens being hyped on Twitter when the allocation is good and when everyone and especially those that actively participated benefits. The only problem is the rarity these days, I think that last one I saw people quite positive about was PENGU, it's an NFTs collection token or something like that. Anyway I think it got listed today and people were very satisfied, someone can tell me what exactly happened. Either way, prior to that it has been dust and dust, back to back and it's honestly quite disheartening. I wonder if anyone knows the reason why.

This is true, now it is easier to get hold of shitcoins or projects that are not going to reward you for anything, they are available online in their numbers, once you're interested in going for mostly what comes in for free, then we are likely to also be among the category of those that experience fake among them, most especially the trend son the use of telegram mining of airdrops.

[bitterguy28]

Either way, prior to that it has been dust and dust, back to back and it's honestly quite disheartening. I wonder if anyone knows the reason why.

the only reason why is that the developers don’t really care about the coin they are making and the community they are building every project for them is just a quick cash grab which is unfortunate for members but very fortunate for the developers because they can get profit from it

the thing is these projects will not pay back your efforts because it’s all for free so long as you are not giving them money you are basically nothing this kind of complaint has increased more and more recently so i don’t know until when developers will get away with this and continue to run their projects the way they do

[yhiaali3]

I think that last one I saw people quite positive about was PENGU, it's an NFTs collection token or something like that. Anyway I think it got listed today and people were very satisfied, someone can tell me what exactly happened. Either way, prior to that it has been dust and dust, back to back and it's honestly quite disheartening. I wonder if anyone knows the reason why.

Yes, Binance announced the listing of PENGU token in addition to listing it by other exchanges, PENGU got a lot of buzz and the community was satisfied with the distribution and its price is still good.

As for the airdrops on TON network, it disappointed the participants and most of them started to leave these airdrops because they are not free and their distributions are trivial and do not match the effort and time, so I expect that everyone will abandon them eventually.
At least the airdrops that depend on Twitter are not a waste of time and their distributions are better.

[JISAN]

It's been a while since we have actually seen projects that care about the effort their community put in. If someone should say TON projects, I'll flip because apart from a few that popped up randomly and I somehow managed to miss, the majority has been mid at most. Still, occasionally you'll see some tokens being hyped on Twitter when the allocation is good and when everyone and especially those that actively participated benefits. The only problem is the rarity these days, I think that last one I saw people quite positive about was PENGU, it's an NFTs collection token or something like that. Anyway I think it got listed today and people were very satisfied, someone can tell me what exactly happened. Either way, prior to that it has been dust and dust, back to back and it's honestly quite disheartening. I wonder if anyone knows the reason why.

PENGU is a project of SOL network who SOL Og users get this token for free and very good amount.  And those who minted VANA NFTs were able to sell NFTs at huge profits in addition to receiving huge rewards.  Some of these projects sometimes give good profit but most of the projects do not give good returns.  Therefore, the trust is rising from these projects. But it cannot be disbelieved that these projects cannot pay big.

[AMEBOIBADANBLOG]

I completely agree with you! It's been a while since I've seen a project that truly values its community. The hype around PENGU was refreshing to see, and I'm glad to hear that the listing went well. As for the reason behind the lack of promising projects, I think it's because many developers are more focused on making a quick profit rather than building a sustainable and community-driven project. Let's hope that PENGU sets a new standard for projects to follow!

[gunhell16]

Either way, prior to that it has been dust and dust, back to back and it's honestly quite disheartening. I wonder if anyone knows the reason why.

the only reason why is that the developers don’t really care about the coin they are making and the community they are building every project for them is just a quick cash grab which is unfortunate for members but very fortunate for the developers because they can get profit from it

the thing is these projects will not pay back your efforts because it’s all for free so long as you are not giving them money you are basically nothing this kind of complaint has increased more and more recently so i don’t know until when developers will get away with this and continue to run their projects the way they do

At that point, that's what the devs see when they create tokens on telegram because they know there are many communities on telegram because of hamster combat, and these communities are the target of the devs in reality.

Because these devs know that even if the community is poor, they will find a way to get small capital, which if you look at it, even if it's only 1$ each to participate in their airdrops on telegram, they will only require a transaction under Ton with a value of 1$, they will only get 1M participants, it's easy money that the 1m$ is immediately his ton address that the devs will give to those who make the transaction.

[Flavour]

It's been a while since we have actually seen projects that care about the effort their community put in. If someone should say TON projects, I'll flip because apart from a few that popped up randomly and I somehow managed to miss, the majority has been mid at most. Still, occasionally you'll see some tokens being hyped on Twitter when the allocation is good and when everyone and especially those that actively participated benefits. The only problem is the rarity these days, I think that last one I saw people quite positive about was PENGU, it's an NFTs collection token or something like that. Anyway I think it got listed today and people were very satisfied, someone can tell me what exactly happened. Either way, prior to that it has been dust and dust, back to back and it's honestly quite disheartening. I wonder if anyone knows the reason why.

I totally agree with you , some of the projects have just being dust and personally i am still yet to find the reason why the projects turn out like that. i think it could be mismanagement or overhyped promises , although few projects have also being a success like the one you mentioned PENGU.

I also heard about the buzz about it and i saw how they made it happen, it was their impressive NFT ecosystem that was being leveraged to reach their community

Do you think it is just luck?

[Aanuoluwatofunmi]

There are many projects being launched on the internet and from different platforms but only a few numbers of them are big rewarding, we may not have to waste our efforts on some of them, because they may not reward us as we have wanted to have, and the more we may be seeing more on other related projects , some of them may even be appearing too real to be true about the way of how they are making some of their offers just to get attention.

[TomPluz]

Your observation can be correct and I think we are now in the disappointing phase of many type of projects which got airdrops  as a way to build a big and strong community. The bigger the community, the less participants will get and the more they will be disappointed in the end. I saw such a strong disappointment with $HMSTR and recently $TOMA and I am sure many will turn out to be on the same league. Now, of course, there can be some exemption to the rule of disappointment and usually those projects are not so popular when they started and never got promoted heavily by people but will turn out to be "satisfactory" and not just another disappointing to watch - to receive almost nothing for the time, effort and even some money invested. Should we now therefore go for unknown project and never promote them so others will not know?

[bitterguy28]

Should we now therefore go for unknown project and never promote them so others will not know?

the thing is i don’t think the team would appreciate this because even with a very tight community they need as much help as they can get to fund the project and make sure that it runs smoothly so they would appreciate if everyone promoted it and attracted more investors or just members of the community who would participate in everything about the project

[Aanuoluwatofunmi]

It can be so annoying that we have to apply for a project and participate in it, then awaits to get rewards and everything turned a night mare all of a sudden, this is not encouraging mostly, because people were being deceived and cheated on, you can hardly find out the projects that rewards these days, after lots of efforts must have been rendered in participation for the project.

[Zed0X]

Even the hunters get tired of doing the same 'effort-based' bounty/airdrop but only get rewarded with peanuts. It seems developers/owners found out that switching to a hybrid approach is more effective marketing. That is you spend and still add more effort before you get some rewards.

[TomPluz]

Should we now therefore go for unknown project and never promote them so others will not know?

the thing is i don’t think the team would appreciate this because even with a very tight community they need as much help as they can get to fund the project and make sure that it runs smoothly so they would appreciate if everyone promoted it and attracted more investors or just members of the community who would participate in everything about the project

Of course, I fully grasp what you are hinting at. Any crypto project needs a big, strong and very active community supporting it and all devs and project managers are always looking forward towards making this goal a big reality. So they are in fact giving away incentives for people to refer others...and this can be good for the project but sometimes not so good for the participants when they will receive almost nothing just because millions of people are sharing the prize pool. Now, this can be like a tug of war kind of thing...but at the end it is us who can end up as losers relative to the time, effort and even some money we invested for a certain project. In the ICO days years ago, this narrative propped up and now it is coming back.

[hugeblack]

Even the hunters get tired of doing the same 'effort-based' bounty/airdrop but only get rewarded with peanuts. It seems developers/owners found out that switching to a hybrid approach is more effective marketing. That is you spend and still add more effort before you get some rewards.

The reason is that the increase in the number of participants means less profits because they will be forced to distribute them in the form of bounty and therefore the easiest is Airdrop as the project will give the distribution of limited Airdrop and they will empty the price after the distributions and if the opposite happens, they will not lose anything.


In the past, getting new participants was not easy, so the project was pushing more in Bounty/Airdrop offers.