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Looking back, Binance's Airdrop campaign was indeed a turning point in the blockchain world. The BNB airdrop not only established a solid user base for Binance but also pioneered the concept of exchange tokens. Now, seeing Monad's tokenomics announcement, with 3% allocated via airdrops, I can't help but think of those turbulent times.
Who would have thought that the friends who participated in the BNB airdrop would see such returns today? And Monad choosing to launch an airdrop in the current market environment is quite meaningful. Although the $2.5 billion fully diluted valuation seems high, replicating Binance's successful trajectory might not be unrealistic.
However, times have changed. The market has gone through multiple bull and bear cycles, investors are more mature, and project teams better understand how to balance various interests. Monad's allocation of 89.2% of tokens to the ecosystem, team, investors, and treasury demonstrates a focus on long-term development.
This reminds me of the fleeting projects in 2017, which often overlooked the importance of tokenomics and ultimately faced demise. Monad's approach may offer some insights for current projects: while pursuing short-term hype, they should also prepare for sustainable future growth.
History constantly repeats itself, but in a spiral ascent. From Binance to Monad, we've witnessed industry progress and seen the enduring entrepreneurial spirit. For us veterans, it's essential to stay passionate yet vigilant, so we can remain undefeated in this fast-changing market.