i really don’t like the airdrop model man

i think if people want tokens they should pay for them

nothing good comes from handing out exposure for free

Udi | BIP-420 🐱

Discuss https://x.com/udiWertheimer/status/1888962274037035334

I liked the idea @jesse and @li pitched in one of their blog posts in 2023: 'progressive ownership'

tldr:

1. protocol / app reaches PMF and can show sustained revenues
2. the revenue is being shared with power users
3. at TGE, those users can decide to forego the rev share for token issuance (owning > earning)

here is the post:

investing & writing about consumer tech since 2016. FID #30. hosting /web2web3 

https://www.lisnewsletter.com/

I liked the idea @jesse and @li pitched in one of their blog posts in 2023: 'progressive ownership'

tldr:

1. protocol / app reaches PMF and can show sustained revenues
2. the revenue is being shared with power users
3. at TGE, those users can decide to forego the rev share for token issuance (owning > earning)

here is the post: https://variant.fund/articles/progressive-ownership-model-application-tokens/

tranquilo // writer & chief of good vibes @blockstories

i think we’ll continue to see iterations of incentive design that progress towards this model for some projects in the future 

But there will always be some projects that have heavily front-loaded incentives/airdrops to attract users