Boop.fun: Early End of Airdrop Claiming, Unclaimed Portions to be Used for New Reward System

BlockBeats News, May 11th, Token issuance platform Boop.fun released an update on the BOOP airdrop, stating that "the new airdrop application will be terminated early. The current airdrop mechanism did not create platform value as we expected, but instead was exploited and manipulated, disrupting the overall experience.

The intention was good, but it failed in the incentive mechanism design and did not effectively promote the healthy development of the ecosystem. Therefore, it was decided to stop this ineffective practice. If you have already received an airdrop quota within the vesting period, these quotas are still valid and can be accelerated through completing specific tasks.

Unclaimed BOOP will be reallocated for a brand new reward system. This system will go live in the next 1-2 weeks with the aim of better supporting meaningful token issuance and incentivizing users who are truly willing to contribute long-term."