#空投与代币分配 Seeing the news about the RaveDAO Airdrop, I am reminded of the stories of Token distribution I've seen over the years. The Binance Alpha trap mechanism has actually been perfected only in recent years, with deep logical changes behind it.

Do you remember the chaos of early airdrops—projects directly distributing coins to wallet addresses, and what was the result? Big holders hoarding, retail investors scattered, prices collapsing, and then a bunch of people regretting not participating, while another bunch regretting they did. The problem lies in the lack of a filtering mechanism; anyone can claim it, which instead loses the meaning of incentive.

The current points-based airdrop is different. Only those who meet the criteria can receive it, which indicates that both the projects and exchanges are ensuring the quality of users. From the chaos of ICOs in 2017, to the indiscriminate distribution of DeFi airdrops in early 2020, to the precise allocation now, this evolutionary process is essentially the market self-correcting.

The timing of RaveDAO's launch is also worth pondering. What trends can the market rhythm, user activity, and institutional attitudes in December reflect? Projects that truly have long-term value often do not treat airdrops as a harvest, but rather as a tool for ecological cold start.

The key is to look at the transparency of the distribution and the subsequent ecological development. A good Token model is not about the scale of the Airdrop, but whether it truly incentivizes long-term participants. This is a pattern I have repeatedly verified over the years.