Airdrop

Speculation is the lifeblood of cryptocurrency markets, so it’s no surprise that savvy and opportunistic individuals find new ways to facilitate betting on assets.

Recently, Starkware initiated their much-awaited airdrop. Like, most airdrops it resulted in a ton of controversy. Which in a tragic way, doesn't really surprise anyone anymore.

This article mainly introduces airdrops and the essence of airdrops, and explains the development of airdrops based on its history.

This piece examines the history and evolution of airdrops, from the ubiquitous airdrops by Uniswap to the selective ones implemented by platforms like Arbitrum. Through an analysis of anti-Sybil strategies, it is highlighted that during the initial phases of airdrops, the airdrop field resembled a form of gambling with good odds. Yet, as the trend of airdrops became more introspective and intensified, anticipated gains steadily diminished.