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MJC
@mjc716
have grown deeply skeptical that the "mindshare" from giving away your token for free results in price appreciation it only really works at TGE and that's a different dynamic entirely
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nick pfp
nick
@nickysap
no need to be skeptical, it objectively doesn't correlate 🤝
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MJC
@mjc716
that seems to be the clear intention behind many such programs tho
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MJC pfp
MJC
@mjc716
i actually do think that a marketing strategy around token distros can make a lot of sense, but people think just dropping the token is gonna result in mindshare=>pumpo
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nick pfp
nick
@nickysap
Marketing, sure. Especially now that we have a more "verified" distribution channel via Warpcast. That said, I claimed $JAM and didn't read whatever the post-CTA cast was. Still don't know what it is. But this is anecdotal at best. Still better than just airdropping random dust into people's wallets, which really never did anything. But in any case, price appreciation is an unlikely result.
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