2026-01-01 18:20:45

Recently, a project has been preparing a shareholder airdrop for 2026, with a plan to distribute 1 new digital token for every 1 share. At first glance, it seems like some kind of innovative incentive mechanism, but a closer look at the details reveals the underlying motives.

This time, the token design is quite interesting—non-transferable, non-redeemable, and the official statement clearly says it does not qualify as an investment product. It indeed avoids many risks, but if you ask about the true purpose? It’s nothing more than leveraging the hype around issuing tokens to boost the stock price.

Compared to previous related projects, the performance of those tokens is well documented. Some tokens once plummeted over 90%, while others remained relatively stable. These cases more or less reflect the limitations of similar operations. Changing the packaging or expression doesn’t alter the core logic.

From a shareholder’s perspective, this is indeed a sweet deal—getting some tokens for free, even if they can’t be used or sold, provides psychological comfort. But from a market perspective, whether this operation can truly drive up the stock price and bring real value to the project team still needs time to verify. After all, any incentive mechanism must be grounded in actual business growth and ecosystem development to be effective.

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DegenTherapist

· 8h ago

Non-transferable and cannot be sold? It's just a psychological placebo. Changing the superficial appearance without changing the core, still the same old tricks. Free tokens sound great, but in reality? It still depends on whether the business can really take off. History will repeat itself, with 90% crashes right in front of us. Can this time really break the deadlock? I remain skeptical. Creating hype is one thing, but ultimately it still depends on the fundamentals.

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MultiSigFailMaster

· 8h ago

It's the same old trick, just a different flavor but the same old game. Non-transferable and can't be sold? Then it's just an air coin. This kind of scam really gets on my nerves. They always claim it's innovative. Enjoying the benefits but pretending to be excited—so fake. Those projects previously plummeted 90%. Why don't they learn their lesson? If you can't get it for free, don't participate to avoid getting cut. Having tokens without value is useless no matter how good the hype. These people are really skilled at playing the game, with top-notch packaging ability.

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LayerZeroHero

· 8h ago

Another new trick to cut leeks again Non-transferable and cannot be sold? Isn't this just another disguise for air coins History always repeats itself, it's just that the leeks are evolving Free riding feels comfortable, but can this stuff be worth anything? Honestly, if there's no real business growth, don't talk about incentive mechanisms

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MetaverseLandlord

· 8h ago

It's the same old story, just a different coat of paint. Non-transferable and can't be sold? Then what am I supposed to do with it, just look at it myself? The ghost stories from the previous batch of projects haven't even finished yet. No real progress in the business, just hyping up airdrops—what's the point? Let's see who will foot the bill for this.

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