p.s. Thanks to The Rodman Law Group. Looking for experienced, crypto-native attorneys? Talk to The Rodman Law Group. Bankless Ventures uses them, and we couldn't be happier!
Sponsor: Cartesi — Tap into the power of Linux, the simple way to build in Web3.
📸 Daily Market Snapshot: MicroStrategy stock has been one of the year's hottest trades, up 342% this year, but after a stratospheric rise peaked in late November, the stock has seen an intense slide. MSTR is down 44% from its 52-week high, sinking 8% just today.
In 2024, crypto developers mastered the art of the airdrop. A number of protocol teams capitalized on industry-wide bullish momentum and onboarded hoards of new users chasing airdropped tokens.
From STRK disappointment to record-shattering HYPE, each protocol’s differentiated approach to the token drop unveiled valuable insights around how token distributions can shape ecosystems, spark innovation, and catalyze broader market trends.
Today, we discuss the implications of 2024’s five most interesting airdrops 👇
Want to make an impact? Apply for a grant! The Cartesi Grants Program Wave 2 is accepting proposals over the next 6 months, with a funding budget of $500,000 in CTSI to support builders. Not a dev but know talented devs? Refer them to the program and become eligible for a DevDrop reward!
Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time to time, we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets.
