There is an eSIM-related airdrop project coming on January 5th. The project, Depinsim, is expected to score 240 points, and can be claimed at 6 PM. Based on the valuation, you can get around 30 USD. The total token supply is 1 billion, with only 130 million currently in circulation. They raised 8 million USD in funding, but the specific valuation has not been disclosed. My personal estimate is that the entire project's market cap is at most around 50 to 80 million USD.

The project essentially aims to create a decentralized connection protocol ecosystem using blockchain and eSIM technology, linking traditional telecom connection services, digital identities, and on-chain interactions, then adding economic incentives to the connection process. Sounds good, but in reality—these kinds of projects are almost impossible to succeed.

Why? Simply put, it's a competition for the telecom operators' business. But if you look through the list of investors and partners, you won't see any telecom operators. This track itself isn't something ordinary startup teams can handle; it requires deep telecom resource accumulation. So, the current state is basically an exploration into gray-area activities.

An interesting point is that among the investors is DWF Labs, a top-tier market maker. Their expertise is in operationalizing projects and generating buzz, and they might execute some market operations on the secondary market. The value of participating in the airdrop still depends on your own calculations.