Product

Indiscriminate airdrops harm products by driving the ratio of good/bad users toward zero. 

They may give a short-term revenue boost but are ultimately long-term killer, as they drastically reduce quality feedback and skew the product’s focus.

have you ever seen an airdrop that didn't do this?

Daimo Pay. Build once, distribute everywhere

The problem is also that the mere hint of an airdrop completely drowns out PMF signal.

"Hey we have this cool new product. It does X, Y, and if you use it you might get $20,000 for free in the future." Good luck finding anyone who cares even slightly about X and Y

I know most projects try their best to design fair systems that reward actual participants, but the sheer number of people and bots trying to game them makes it hard to do it at scale