How can a cancelled airdrop affect the community engagement and trust in a cryptocurrency?

3 answers

• Nov 23, 2021 · 3 years ago
  When a cryptocurrency cancels an airdrop, it can have a negative impact on community engagement and trust. Airdrops are often seen as a way for projects to reward and engage with their community. By cancelling an airdrop, the project may be seen as breaking a promise or reneging on their commitment. This can lead to disappointment and frustration among community members, and may cause them to lose trust in the project. Additionally, community engagement may decrease as a result, as community members may feel less motivated to participate in future activities or support the project.
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• Nov 23, 2021 · 3 years ago
  A cancelled airdrop can be a major blow to community engagement and trust in a cryptocurrency. Airdrops are often eagerly anticipated by community members, as they provide an opportunity to receive free tokens and participate in the project's ecosystem. When an airdrop is cancelled, it can be seen as a betrayal of the community's expectations and can lead to a loss of trust in the project. Community members may feel that the project is not reliable or trustworthy, which can result in decreased engagement and participation.
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• Nov 23, 2021 · 3 years ago
  From our experience at BYDFi, a cancelled airdrop can have a significant impact on community engagement and trust in a cryptocurrency. Airdrops are a popular way for projects to distribute tokens and engage with their community. When an airdrop is cancelled, it can create a sense of disappointment and distrust among community members. They may question the project's intentions and lose confidence in its ability to deliver on its promises. This can lead to a decline in community engagement and a loss of trust in the project's future prospects.
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