super excited that I'm participating in firefly's 12 days of xmas campaign! stay tuned because starting tomorrow we're doing huge lucky drops on @fireflyapp !!
Airdrops are broken... But we can fix them 🪂
Traditional airdrops are often plagued by farmers and low-quality users, that will dump tokens immediately after receiving them. This results in rewards going to people who contribute little to the ecosystem, undermining the very purpose of airdrops.
But what if we could change this? What if airdrops were based on something more meaningful than just a wallet address? Thanks to @talentprotocol, we now have a way to fix this problem by leveraging reputation as a measure for reward distribution.
Fair and Inclusive Rewards
By segmenting users based on both onchain and offchain activity, protocols can ensure fairer, more efficient airdrop distribution. This approach rewards the top onchain builders, who are often the most engaged users and likely to provide valuable feedback and long-term support for the protocol.
A Balanced Reward System
The beauty of this system is its inclusivity. Users aren’t split into a binary of “good” or “bad.” For example, a protocol can use the Builder Score from Talent Protocol to give top builders larger rewards, allocate substantial rewards to high-quality users, and still ensure that high-volume, lower-quality users aren’t left empty-handed. This ensures a balanced and rewarding experience for all, rather than focusing solely on volume.
How to do it?
At @talentprotocol, we’re building a robust reputation protocol that taps into rich data from both onchain and offchain sources, involving over 2 million builders. With the Builder Score (your overall score) and Credentials (skills, achievements, and influence), protocols can easily gate reward distribution through a few lines of code via our API.
What are you waiting for, anon? Let’s start building!