加密貨幣空投：從失敗到未來？打破詛咒

探索加密貨幣空投的動盪世界，從最初的炒作到長期價值，以及創新方法是否可以打破短暫成功的詛咒。

Crypto Airdrops: From Flop to Future? Breaking the Curse

加密貨幣空投：從失敗到未來？打破詛咒

Crypto airdrops can be a wild ride, right? Promising free tokens, but often ending in a value crash. But don't write them off just yet. Innovative approaches are emerging, attempting to break the curse of fleeting success and build lasting value.

加密貨幣空投可能會很瘋狂，對嗎？承諾免費代幣，但往往以價值崩潰告終。但現在還不要註銷它們。創新方法不斷湧現，試圖打破短暫成功的詛咒並建立持久的價值。

The Airdrop Flop: A Harsh Reality

空投失敗：殘酷的現實

Let's face it, the numbers aren't pretty. A DappRadar report highlighted that a staggering 88% of airdropped tokens lose value within three months. That's a lot of hype going bust. Since 2017, over $20 billion in airdrops have been distributed, so where did it all go wrong?

讓我們面對現實吧，這些數字並不漂亮。 DappRadar 的一份報告強調，令人震驚的是，88% 的空投代幣在三個月內貶值。大量的炒作即將破滅。自2017年以來，已經發放了超過200億美元的空投，那麼到底哪裡出了問題呢？

One key factor is the underlying project itself. As Jackson Denka, CEO of Azura, pointed out, if the protocol is fundamentally unsound, no amount of incentivization can save it. Airdrops attached to projects lacking real adoption or revenue generation are simply doomed to fail.

一個關鍵因素是基礎項目本身。正如 Azura 首席執行官 Jackson Denka 指出的那樣，如果協議從根本上不健全，再多的激勵措施也無法挽救它。附加到缺乏真正採用或創收的項目的空投注定會失敗。

Breaking the Curse: Strategies for Success

打破魔咒：成功的策略

So, how can projects turn the tide? Distribution strategy is critical. Robert Hoogendoorn from DappRadar suggests phased or targeted distribution to limit sell-offs. Hyperliquid's November 2024 airdrop, lauded for excluding VCs and encouraging community involvement, is a prime example.

那麼，項目如何才能力挽狂瀾呢？分銷策略至關重要。 DappRadar 的 Robert Hoogendoorn 建議分階段或有針對性地分配以限制拋售。 Hyperliquid 於 2024 年 11 月進行的空投就是一個典型的例子，該空投因排除風險投資並鼓勵社區參與而受到讚譽。

Liquidity is another hurdle. Kanny Lee, CEO of SecondSwap, argues that releasing too much liquidity too quickly floods the market. The key? Sustainable liquidity achieved through ongoing user engagement and gradual token unlocks. Think rewarding users for holding tokens – a trend Lee believes will become standard.

流動性是另一個障礙。 SecondSwap 首席執行官 Kanny Lee 認為，過快地釋放過多流動性會導致市場氾濫。關鍵？通過持續的用戶參與和逐步的代幣解鎖來實現可持續的流動性。考慮獎勵持有代幣的用戶——李認為這一趨勢將成為標準。

Beyond Speculation: Airdrops with a Purpose

超越猜測：有目的的空投

The latest insights suggest a shift towards airdrops that reward genuine engagement and contribution. Jupiter's Active Staking Rewards program and Rayls' loyalty campaigns are examples of projects incentivizing community participation. Kite AI's Wind Runner program rewards creators for consistent, high-quality content. This is all a big shift away from 'free money' and more towards 'earn your keep' models.

最新的見解表明，人們正在轉向空投，獎勵真正的參與和貢獻。 Jupiter 的 Active Stake 獎勵計劃和 Rayls 的忠誠度活動是激勵社區參與的項目的例子。 Kite AI 的 Wind Runner 計劃獎勵創作者提供一致、高質量的內容。這是從“免費賺錢”模式向“自食其力”模式的重大轉變。

My Two Sats: Airdrops Aren't Dead, Just Evolving

我的兩個衛星：空投並沒有消亡，只是在不斷發展

I think we're seeing a necessary evolution. The days of thoughtless token handouts are numbered. Projects need to be smarter, focusing on building strong communities, fostering genuine engagement, and ensuring sustainable liquidity. Airdrops are becoming less about short-term gains and more about long-term value creation. It's also worth noting that if 'traditional' companies aren't giving away equity, why should blockchain? This makes me think Denka's words hold a lot of weight.

我認為我們正在看到必要的演變。不加考慮地發放代幣的日子已經屈指可數了。項目需要更加智能，專注於建立強大的社區、促進真正的參與並確保可持續的流動性。空投越來越不注重短期收益，而更多地註重長期價值創造。還值得注意的是，如果“傳統”公司不放棄股權，區塊鍊為什麼要放棄？這讓我覺得 Denka 的話很有分量。

The Future of Airdrops: A Glimmer of Hope?

空投的未來：一線希望？

Airdrops might not be dead, but they're definitely not the same. The shift towards rewarding active participation, fostering community, and ensuring sustainable liquidity offers a path to break the curse of fleeting success. So, keep your eyes peeled, do your research, and maybe, just maybe, you'll find an airdrop that's more than just a flash in the pan.

空投可能還沒有消亡，但它們絕對不一樣。向獎勵積極參與、培育社區和確保可持續流動性的轉變為打破短暫成功的詛咒提供了一條途徑。所以，請擦亮眼睛，做好研究，也許，只是也許，你會發現空投不僅僅是曇花一現。

So, there you have it! Airdrops: still a bit of a gamble, but with a dash of innovation, they might just surprise us yet. Happy hunting!

所以，你就有了！空投：仍然有點賭博，但通過一些創新，它們可能會給我們帶來驚喜。狩獵快樂！