The Harsh Reality of Airdrops - How it all changed over the period of time

Welcome back,

Airdrops are loved by everyone but in last 12-18 months the way people use to look at the airdrops has changed completely. Airdrops use to be free tokens without any prior notice of tasks or investment as a compulsion. Like people got airdrop on hive blockchain because they were using steemit and though there were conditions based on which the airdrop was given to users on hive, it was all just a formula created to reward those who fulfills those conditions. Now we see that the scenario has changed completely and people invest, complete task, and even give a lot of time to earn airdrops from different projects.

Link - https://pixabay.com/illustrations/crypto-currency-bitcoin-blockchain-7070472/

When we give time we also expect that time to be valued and in case of airdrops we judge it by the financial gains we make at the end of the airdrop. When the era of tap to earn came to this industry the disappointment with airdrops reached it's peak. Only few projects really airdropped the users but rest all kept making their users fool. People invested huge amount in ton ecosystem in a hope to win some nice airdrop but one after another all the projects just kept disappointing people. A latest addition to that list might be a project which I personally thought will do good, its name is BLUM.

The reason why BLUM was suppose to be different despite being the ton ecosystem project was BLUM being a DEX and the team of BLUM having links with Binance and other top VCs. Today BLUM will list at 3:30 pm IST and then the price of BLUM token will be revealed to all of us. I myself got very few BLUM tokens as you already saw above. If this projects fail to succeed I think the game for ton ecosystem will get over for this Crypto Cycle. I don't regret much but those who kept playing that silly drop game everyday and got nothing will actually regret a lot.

One more thing, they have a criteria for claiming your tokens. You can't claim them all at once, you can see the rules below.

So if a user have 100 BLUM tokens as total airdrop amount user can claim 30 tokens today and rest everything will be burnt. If a user decide not to claim then he will get 70% of the tokens in a linear proportional manner for the next 180 days. It basically means that if a user claim his tokens at 90 days the user will get 30% + 35% and which is 65% and remaining 35% will be burnt. This might sound like a good strategy for the projects owners but for the people who got as low as 10 tokens will feel like they were not valued at all. So While I still support this decision the fact is that it shows that BLUM has not valued their community and they have used them.

Thank You and Happy Trading Everyone.