Crypto’s Airdrop Surge Encounters Ethical Dilemmas and Regulatory Challenges
- COMMON protocol launches on Bitget with 27.77M token airdrop to drive decentralized community participation through automated governance incentives. - Morph rebrands as stablecoin settlement layer, integrating Bitget's BGB token to enable 10,000+ TPS cross-border payments and unified DeFi infrastructure. - Polymarket prepares POLY token airdrop post-ICE $2B investment, aligning with CFTC-regulated QCX acquisition to expand prediction market utility. - Meteora's $4.2M Trump-linked airdrop sparks ethical d
The crypto sector is experiencing heightened activity as COMMON, a protocol focused on blockchain-based community infrastructure, gets ready to debut on Bitget with an airdrop of 27.77 million tokens. This initiative, revealed by both Bitget and the Common team, highlights the growing use of token rewards to encourage engagement within decentralized networks. At the same time, ongoing debates about airdrops and regulatory shifts illustrate how quickly the industry is changing.
Created to support programmable on-chain communities via automated action markets, the Common protocol has joined forces with Bitget to roll out its native token. This airdrop, among the most significant in recent times, is intended to boost involvement in governance, workflow processes, and community-led projects. Bitget, with its user base of 120 million, serves as a major distribution platform, directly connecting technological progress with widespread adoption, according to a
This launch happens alongside Morph’s transformation into a global settlement layer for stablecoins, a move that could provide the backbone for large-scale token airdrops. Colin Goltra, CEO of Morph, stressed the project’s priorities of scalability, robust security, and instant international payments, aiming for transaction speeds above 10,000 per second,
The momentum behind airdrops is also seen with Polymarket, a prediction market service preparing to introduce its POLY token after securing $2 billion in funding from Intercontinental Exchange (ICE). Matthew Modabber, CMO of Polymarket, stated that the token launch and a possible airdrop will follow the platform’s upcoming U.S. relaunch, which is set to occur soon after acquiring the CFTC-regulated derivatives exchange QCX,
Yet, not every airdrop receives a warm welcome from regulators or the public. Meteora, a blockchain platform, distributed $4.2 million worth of tokens to wallets associated with Donald Trump’s crypto projects just hours after its co-founder was hit with a $57 million class-action lawsuit over alleged pump-and-dump activities,
Amid these developments, SuperEx has revealed that COMMON/USDT trading pairs will be available starting October 27. This announcement comes after a year of rapid stablecoin growth, with DeFiLlama noting a 50% rise in stablecoin supply to $310 billion by 2025. Forecasts indicate that stablecoin value could soar to $4 trillion by 2030, highlighting the pressing need for scalable solutions like those offered by Morph.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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