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This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-04 01:36:37 UTC
Verified By
Rollup News
The author discusses how Hyperliquid (HL) set unrealistic expectations in the crypto space by being exceptionally generous with its token distribution and business model. They argue that other projects, like Pump, are being criticized for not replicating HL's radical benevolence, even though HL had unique advantages like owning the chain, exchange, and market making. The author emphasizes that most airdrops are not real businesses giving away actual cash flows, unlike HL.
Hyperliquid's unique model of generosity set unrealistic expectations.
Pump is being unfairly criticized for monetizing its success.
Most airdrops are not comparable to HL's model as they don't involve actual cash flows.
Crypto projects are expected to provide free money.
Projects are criticized for monetizing their success.
Replicating Hyperliquid's model is not realistic for most projects.