For the past year, airdrops — tokens launched through a free distribution to users — have dominated the narrative in cryptocurrency markets. 

Now, beset by underperforming tokens and mercenary user bases, airdrops are falling out of favor. Web3 protocols are beginning to ask if it’s time for a new model.

For the past year, airdrops — tokens launched through a free distribution to users — have dominated the narrative in cryptocurrency markets. 

Now, beset by underperforming tokens and mercenary user bases, airdrops are falling out of favor. Web3 protocols are beginning to ask if it’s time for a new model.

https://cointelegraph.com/news/airdrop-token-prices-crash-web3