The decentralized revolution has ushered in a new era of interaction and value creation. At the forefront of this movement are Initial Coin Offerings (ICOs) and their airdrop brethren. Airdrops involve the distribution of free tokens to incentivize early participation in a project's ecosystem. While a powerful tool for community building and fostering network effects, airdrops have become a magnet for a new breed of opportunist: the airdrop farmer.
Airdrop farmers exploit loopholes and employ manipulative tactics to maximize their free token haul. This disrupts the intended purpose of airdrops, dilutes token value for legitimate users, and creates an unsustainable ecosystem. Projects are actively seeking solutions, and decentralized identity (DID) solutions like Gitcoin Passport offer a promising approach to mitigate airdrop farming and ensure fairer distribution.
The allure of free tokens h