Crypto Airdrops Are Broken: Binance Report Highlights Key Issues
Airdrops have become one of the most widely used methods for token distribution in the cryptocurrency industry, but they are “certainly not without certain issues,” according to a new report by Binance Research.
The report identifies two primary types of airdrops: Retroactive Airdrops that reward users for past actions without prior notification, and Engagement Airdrops that announce qualifying actions in advance to attract new users.
Using sentiment analysis conducted with X’s Grok AI, the report evaluates crypto community reactions to recent airdrops.
Major Failures Include Last-Minute Changes and Unclear Eligibility
The Binance Research report identifies several common mistakes that have damaged community trust in…
