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Movement Airdrop was unexpected. Reflect on participation strategies to find balance.
Movement Airdrop unexpectedly became "Big Hair", reflecting on the strategy of collecting airdrops.
As a cryptocurrency investor, I have always been attentive to various Airdrop opportunities. However, the recent Movement Airdrop caught me off guard and surprised me. Although I missed this opportunity, looking back at the entire process, I believe that even if I had the chance to participate, I might have chosen to pass.
I previously developed a set of methods for screening airdrop projects:
Avoid participating in testnet projects: The returns from these projects are usually not as high as those from mainnet projects.
Avoid complex tasks: Tedious tasks can reduce participation enthusiasm, and the final airdrop is often unrelated to the tasks.
Focus on industry-leading projects: In a highly competitive field, the airdrop value potential of non-top projects is relatively low.
applying these principles to the Movement project:
First, Movement is still in the testing phase. Historical experience shows that testing projects rarely yield substantial returns. Most projects will only conduct large-scale token distribution when launching the mainnet or nearing official release.
Secondly, the task system of Movement is overly complex, giving the impression of forcing users to participate. From past experience, truly successful public chain projects usually do not set such complicated airdrop rules.
In the end, among many public chains, Movement is not outstanding. The Move-based public chains already have top players like Sui and Aptos. According to the principle of only participating in the top two in the industry, the likelihood of the third-ranked project receiving a high-value Airdrop is not great.
In summary, Movement, as a testnet project, has a complex task system and is not an industry leader; based on my previous criteria, I would not choose to participate.
Despite this, I still missed this opportunity for wealth, which shows that there is room for improvement in my approach. However, I believe that the success of Movement is more of an exception rather than the norm.
Given the limited time and energy of individuals, a "scattergun" approach of blindly participating in all projects is not advisable. What I need to adjust is to maintain a certain level of sensitivity towards projects with strong investment backgrounds. It might be worth considering participation with a small number of high-quality accounts, so that at least when the project is truly successful, I won't feel regret.
Participating in airdrops also requires balancing emotional value and rational judgment. In the future, I will moderately engage in some potential projects while remaining cautious to avoid completely missing possible opportunities.