not saying jam is doing it, but this could be the next ponzi meta.

the core trick is using the illusion of an “airdrop” to drive fresh liquidity into a token that’s already been pre-pumped

deploy a token
pump it up
promise a huge airdrop
force buying and staking 
late buyers fuel the exit
no exit for stakers
chart bleeds out 

✨ profit ✨

Developer ecosystem @farcaster, co-founder @bountycaster. Previously: co-founder of Scalar Capital, product at Coinbase, co-producer @ethereumfilm

Just !coin it | https://castcoins.xyz/ @castcoins | /degen-lotto https://degenlotto.fun/ | /big-list /co /farcastles

I coordinated with the Jam team on the airdrop yesterday. They did an airdrop of 2M Jam (~$10k) to 885 users. I looked at their AI agent, channel, did a video chat, DMs and felt it was fine to distribute

This new Jam claim airdrop mechanism today is unrelated and I wasn't aware of the lock to claim faster mechanism. I don't agree with it and hope the team includes the constructive feedback on this from many users. If you do not agree with the locking mechanism, you do not have to participate

Builder Community Growth / Researcher /onchain /build