在十字路口的氣流 - 呼籲透明和公平：

曾經被稱為在新興的加密貨幣行業內民主代幣分佈和社區參與的革命機制的氣流，發現自己受到了嚴格的審查。

In the burgeoning cryptocurrency industry, airdrops have emerged as a revolutionary mechanism for democratic token distribution and community engagement. However, recent airdrop practices have come under intense scrutiny, revealing a growing trust deficit between crypto projects and their communities. A new report by Binance Research, comprehensively analyzing the current state of airdrops, has unveiled the stark reality of these seemingly benevolent acts of token distribution.

在新興的加密貨幣行業中，Airdrops已成為民主代幣分佈和社區參與的革命性機制。但是，最近的空調實踐受到了嚴格的審查，揭示了加密項目與其社區之間日益增長的信任赤字。 Binance Research的一份新報告，全面分析了氣流的當前狀態，它揭示了這些看似仁慈的代幣分佈行為的鮮明現實。

The report, a meticulous examination of recent airdrop practices and community sentiment, focuses on two primary types of airdrops: Retroactive Airdrops, which reward users for past actions without prior notification, and Engagement Airdrops, announced in advance to attract new users with qualifying actions. Both types, while intended to incentivize participation and foster engagement, have become breeding grounds for discontent and disillusionment.

該報告對最近的空調實踐和社區情緒進行了細緻的檢查，重點介紹了兩種主要類型的空投類型：追溯性空調，這些呼吸器獎勵了過去沒有事先通知和參與空調的過去的用戶，並提前宣布了以合格的行動吸引新用戶。兩種類型雖然旨在激勵參與和促進參與，但已成為不滿和幻滅的繁殖場所。

To quantify and analyze community sentiment, Binance Research collaborated with X’s Grok AI, leveraging its advanced sentiment analysis capabilities to dissect social media feedback on notable token distributions over the past year. This innovative approach, combining traditional research with cutting-edge AI analysis, has yielded invaluable insights into the factors that contribute to positive and negative community reception.

為了量化和分析社區情緒，Binance Research與X的Grok AI合作，利用其先進的情感分析功能來剖析過去一年中著名的代幣分佈的社交媒體反饋。這種創新的方法將傳統研究與最先進的AI分析相結合，對導致積極和負面社區接收的因素產生了寶貴的見解。

This article delves into the intricacies of the Binance Research report, dissecting the major failures that have plagued recent airdrops, exploring the sentiment analysis findings, and outlining the recommendations for improving future token distributions. It aims to provide a comprehensive overview of the current state of airdrops, highlighting the challenges and proposing solutions to restore trust and fairness to this crucial aspect of the cryptocurrency ecosystem.

本文深入研究了Binance研究報告的複雜性，剖析了困擾著最近空調的主要失敗，探索了情感分析發現，並概述了改善未來代幣分佈的建議。它的目的是對當前氣流狀態的全面概述，強調挑戰並提出解決方案，以恢復加密貨幣生態系統的這一關鍵方面的信任和公平性。

Major Airdrop Failures and the Erosion of Community Trust:

主要的空投失敗和社區信任的侵蝕：

The Binance Research report paints a grim picture of recent airdrop practices, highlighting several recurring issues that have damaged community trust and fueled widespread discontent. One of the most problematic practices is the reduction of community token allocations shortly before distribution.

Binance Research報告描繪了最近的Airdrop實踐的嚴峻圖片，突出了幾個經常出現的問題，這些問題損害了社區信任並加劇了廣泛的不滿。最有問題的做法之一是在分發前不久減少了社區令牌分配。

Last-minute alterations, such as reducing community allocations from 9.5% to 5%, as in Redstone’s March 2025 airdrop, have sparked a firestorm of criticism and irritation. This is because they deviate from the initial allocation percentages announced by the project teams.

最後一刻的改動，例如將社區分配從9.5％降低到5％，就像2025年3月的Airdrop一樣，引發了人們對批評和刺激的危害。這是因為它們偏離了項目團隊宣布的最初分配百分比。

Moreover, last-minute changes to token allocations may result in discontent amongst a project’s community. They may also signal a lack of thought and planning, which could further undermine the community’s trust in the project team.

此外，對令牌分配的最後一刻變化可能會導致項目社區之間的不滿。它們也可能表明缺乏思想和計劃，這可能會進一步破壞社區對項目團隊的信任。

Another recurring issue is the lack of clear eligibility criteria, which leads to uneven rewards that don’t necessarily reflect user activity. This lack of transparency and fairness in reward distribution has fueled perceptions of arbitrariness and favoritism, further exacerbating the trust deficit.

另一個經常出現的問題是缺乏明確的資格標準，這導致不一定反映用戶活動的不平衡獎勵。獎勵分配中缺乏透明度和公平性，加劇了對任意性和偏愛的看法，進一步加劇了信任赤字。

For instance, Scroll’s October 2024 airdrop of 7% of its total supply faced criticism for snapshot and claim periods that some members of the community felt were unfair, as well as a lack of clear rules.

例如，Scroll於2024年10月的7％的供應量的空投面臨著快照的批評，並說社區中某些成員感到不公平，並且缺乏明確的規定。

However, some members of the community felt that the snapshot and claim periods were unfair, and there was a lack of clear rules on how airdrop amounts would be defined. This led to complaints of “hidden rules” and formulas for airdrop amounts being changed last minute.

但是，社區的一些成員認為快照和索賠期是不公平的，並且缺乏關於如何定義空調數量的明確規則。這導致了對“隱藏規則”和公式的投訴，該公式是在上一分鐘更改的氣流量。

Finally, insider-heavy distributions, where a disproportionate share of tokens is allocated to team members, investors, and influencers, have also drawn significant criticism.

最後，內部人士繁重的發行量（分配給團隊成員，投資者和有影響力的人）也提出了重大批評。

For example, Kaito’s February 2025 airdrop saw 43.3% of tokens go to the team/investors, while the community received 10%. This heavily skewed allocation sparked backlash online, particularly due to the large allocation to influencers who may choose to sell immediately, diluting the value for genuine users.

例如，凱托（Kaito）2025年2月的Airdrop看到43.3％的代幣送給團隊/投資者，而社區獲得了10％的收入。這種偏斜的分配偏向於在線強烈反對，尤其是由於有影響力的有影響力的分配大量分配，他們可能會選擇立即銷售，從而稀釋了真正的用戶的價值。

Grok AI’s Sentiment Analysis of Recent Airdrops: A Deeper Dive:

Grok AI對最近的Airdrops的情感分析：更深入的潛水：

To gain a deeper understanding of community sentiment, Binance Research collaborated with X’s Grok AI, leveraging its advanced sentiment analysis capabilities to analyze social media feedback on notable token distributions over the past year. The resulting sentiment scores, on a scale of 1-10, provide valuable insights into the factors that contribute to positive and negative community reception.

為了深入了解社區情緒，Binance Research與X的Grok AI合作，利用其先進的情感分析能力來分析過去一年中著名的代幣分佈的社交媒體反饋。由此產生的情感得分以1-10的比例為有助於積極和負面社區接收的因素提供了寶貴的見解。

Among the analyzed airdrops, Pudgy Penguins achieved the highest sentiment score of 10, reflecting the positive response to its December 2024 airdrop. The report highlights that community expectations were largely met, with a high percentage of token supply going to Pudgy Penguin NFT holders, a key focus area for the community.

在經過分析的氣水中，矮胖的企鵝達到了10分的最高情感得分，這反映了對2024年12月的Airdrop的積極反應。該報告強調，社區期望得到了很大的滿足，而龐大的企鵝NFT持有者的供應量很高，這是社區的關鍵重點領域。

Hyperliquid followed closely with a score of 9, praised for its approach of heavily rewarding early adopters of the protocol, a move that resonated positively with the community.

超級流動性緊隨其後，得分為9，以其重大獎勵協議的早期採用者的方式受到稱讚，這一舉動在社區中積極共鳴。

Other well-received airdrops included Berachain (8), ZKsync (8), and Grass (8), showcasing strong community support and clear allocation rules. These projects also prioritized early ecosystem participants, a factor that contributed to favorable sentiment.

其他廣受歡迎的空投包括Berachain（8），Zksync（8）和Grass（8），展示了強大的社區支持和明確的分配規則。這些項目還將早期生態系統參與者優先考慮，這是導致有利情緒的一個因素。

In contrast, projects with the lowest sentiment scores include Redstone (2) and Scroll (3), both subject to criticism for last-minute allocation changes and perceptions of excessive airdrop farming. These instances highlight the detrimental impact of poor airdrop practices on community morale and project reputation

相比之下，情感評分最低的項目包括紅石（2）和捲軸（3），這既受到最後一刻分配變化的批評和對氣流過多的耕作的看法。這些實例強調了糟糕的空調實踐對社區士氣和項目聲譽的有害影響