I do not believe lockups, vesting etc. would change airdrop PA

It’s just dancing around the real question and the only thing that matters, which is, are you issuing an asset that people desire to hold?

Scariest question in crypto:

"What gives it value?"

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

Staking/earning, Governance rights, String community.

𝒞𝒾𝓋𝒾𝓁 𝑒𝓃𝑔𝒾𝓃𝑒𝑒𝓇—𝒮𝓀𝑒𝓉𝒸𝒽.𝐹𝓊𝓃—𝒻𝓇𝒾𝑒𝓃𝒹𝓁𝓎 𝓃𝑒𝒾𝑔𝒽𝒷𝑜𝓇𝒽𝑜𝑜𝒹 𝓃𝑜𝑜𝒷—𝑒𝓉𝒽 𝓃𝑒𝓌𝒷𝒾𝑒 🌴

stake to earn a token that gets value through...?

govern a thing that gets value through...?

always comes down to where the value comes from

A tokens value is always tied to the intended use case.

and the use case needs to capture some value in order to create value for the tokne