Altcoin Founder Advises Token Holders on Airdrop Strategies: Insights for Crypto Enthusiasts (ALT)

  • Uniswap founder, Hayden Adams, has given advice to those planning to launch their own cryptocurrencies.
  • Adams criticized many new projects, suggesting they should distribute tokens instead of points.
  • He also emphasized the importance of new cryptocurrencies having sufficient liquidity from day one.

Uniswap’s founder, Hayden Adams, offers advice to new crypto projects, emphasizing the need for token distribution and liquidity. He also criticizes those focusing on short-term gains over creating real value.

Adams Criticizes Point Distribution in New Crypto Projects

Hayden Adams, the founder of the decentralized cryptocurrency platform Uniswap, has offered advice to those planning to launch their own cryptocurrencies. He criticized many new projects that have entered the market, suggesting they should distribute tokens instead of points. Recently, many projects have started distributing points to users before organizing airdrops.

Importance of Liquidity in New Cryptocurrencies

Adams believes that new cryptocurrencies should have sufficient liquidity from the very first day. He commented, “There’s no need to work with exchanges or market makers. Distribute enough tokens for the price to be genuinely discovered on decentralized exchanges. People should start thinking about fully diluted market value, not just market value, when assigning value to these things.”

Adams Criticizes Those Focusing on Short-Term Gains

Adams also criticized those promoting the price of their newly launched cryptocurrency. He said, “If you’re tweeting about how your token will take off, or working with influencers and marketing firms to do so, you’re trying to get rich quick instead of creating real value.”

Conclusion

Hayden Adams’ advice to new crypto projects emphasizes the importance of token distribution and liquidity, and criticizes the focus on short-term gains over creating real value. This serves as a reminder to those entering the crypto space to prioritize creating a solid foundation for their projects, rather than focusing solely on immediate financial gain.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Trump Warns of 10% Tariff on Countries Supporting BRICS, Impacting Bitcoin Markets

On July 7, former President Trump announced on the...

Letsbonk Dominates Solana Token Issuance Market with 55.1% Share on July 7

According to the latest data from the Jupiter dashboard...

ECHO Coin Surges Nearly 97% to $0.05107 with $1.2M Trading Volume on July 7

As of July 7, CoinGecko reports that ECHO (Echo...

Binance to Adjust Collateral Rates for THETA and Other Assets in PortfolioMargin Mode in July 2025

Binance has officially announced a scheduled update to its...

Why ETH Is Poised for a Major Breakthrough: Insights from Trader Eugene’s 2025 Market Analysis

On July 7th, trader Eugene disclosed his recent trading...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img