Scroll (SCR) Makes its Stock Market Debut – Parallel Airdrop Leaves a Lasting Impression

The DeFi project Scroll has brought its cryptocurrency SCR to the stock exchanges. An airdrop was advertised beforehand. But participants are disappointed; they had expected more SCR from Scroll for their stake.

Scroll (SCR) arrived on the global crypto exchanges this week, and the new cryptocurrency has suffered a loss of over 30 percent since trading began. One reason for this is likely that the mood towards Scroll has changed on X .

Scroll has been promoting the upcoming launch of SCR with an airdrop since the summer

Such campaigns promise to receive free tokens for the stock market debut if you have previously committed. According to data from DeFiLlama, Scroll quickly collected a good 700 million US dollars in deposited DeFi capital – investors speculated on a profitable airdrop.

As is often the case in the crypto industry, however, Scroll did not publish the exact rules for the airdrop until very shortly before the launch of SCR. Scroll distributed 5.5 percent of all SCR to participants via airdrop for the stock market debut – and they feel duped.

The widely-reaching airdrop expert Joshy writes on X “worst airdrop ever” and states that for $60,000 of capital invested in Scroll, he only received 973 SCR in the airdrop, which would currently be worth around $900. DYOR.eth calls the Scroll airdrop “one of the worst ever” and Ubongj posts tear-stained emojis about the 66 SCR he received through the airdrop.

Some investors, such as Ingenieur , calculate that they actually lost money on their early commitment to Scroll because transaction costs exceeded the value of the SCR airdrop. Only a few voices remind us that Scroll did not make any precise promises and that we may need to rethink our expectations of airdrops.

Conclusion: Airdrops like Scroll (SCR) are a complicated terrain

Hamster Kombat (HMSTR) also had to endure a similar shitstorm to the one experienced by the Scroll team during its stock market debut and airdrop a month ago. Participants had eagerly played the mini-game in the Toncoin (TON) ecosystem to secure free HMSTR. But they only received “crypto change” from Hamster Kombat and complained in unison.

It seems as if the times are coming to an end when some airdrops were insider tips and offered real chances of winning. A scene of its own has developed around the topic of airdrops, in which scams and reliable information alternate cheerfully. Scroll will have to live with the fact that the airdrop, which was intended as a promotional campaign, generated negative headlines.

__

(Featured image by Kelly Sikkema via Unsplash)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in BLOCK-BUILDERS.DE. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us