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Rahulxero.hlProfile· Neutral@henloOn Ethos
henlo
2 reviews, 100% of them positive.100% positive · 2 reviews· Influence factor 32, above 4% of accountsWhat people say
Received · 2Given · 0“Trailblazers”As a (in their words) a dumb memecoin - the team at THJ really innovated with their airdrop design. This model first coined by TapiocaDAO was particularly interesting for their company & is actually a mechanism I believe more teams will adhere to. In a nutshell, you can think of it as an ICO as part of the airdrop. the most aligned users receive the actual tokens while the long tailed users who conduct easy actions receive option tokens which are soul-bound & expire. Users then have a choice to: - exercise their option tokens for normal tokens by purchasing them at a big discount rate of their previous round valuation - burn them - let them expire which actually reflects true skin in the game alignment & provides added data points to the henlo team & all THJ products with regards to their own reputation framework further down the line. Expect more projects to emulate this model.
JPEG Yakuza · 2004· 1y ago16
JPEG Yakuza · 2004· 1y ago16
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