This is very accurate and I try to think of a possible defense for some of these projects but I can’t get a genuine one.
For starters, small accounts give early call either by bull posting a project from the beginning or giving an alpha call. We do things like this with hope of being considered in future.
Sometimes it works, most time, it doesn’t.
I saw
@heyshellmates early, made a post and kept tab. A very interesting project, although I got fcfs whitelist from my community. Founder is very active and chill, everyone can testify to that but at the same time, we also need to know that projects can’t always recognize all early supporters. However, it’s better to not ignore and be straight about not giving spot so that one wouldn’t have false hope. Btw, been a while I’m excited for a mint in a long time but I’ll be showing up for this on secondary. My support isn’t just going to be early but it will subsist afterwards.
Another of such use case is
@R3ORDR — active founder and an interesting concept. I was there early and I was acknowledged. This act alone makes me want to keep giving it my all. As well as @acrylicartsnft and so many others.
TL;DR — early support is important before hype sets in but we need to note also that everyone cannot be rewarded. However, projects should be clear from the about not giving spot rather than keeping silent.
There are many collections that should actually learn from this.
When a project starts getting attention on the timeline, there are always people who make early calls, create content, and consistently support the project.
But eventually, when allocation time comes, they get nothing.
The question isn’t why every supporter can’t get spots. I completely understand that it’s impossible to reward every single early supporter, and it’s also difficult to choose only a few.
But the real issue starts when people who had nothing to do with the project, never supported it, or never contributed anything end up getting large allocations.
Things like friends & family allocations and favoritism might work short term, but honestly, it’s a bad approach long term.
Eventually, projects will stop getting genuine support from people.
Founders and marketers who handle this side should really understand this properly.
It’s not a difficult thing to understand, it just requires the right mindset and some common sense.