Good day Sir!
I am not an old avax follower , nevertheless i bought png for my own money at 6$ and hold it for long time! Want to share my opinion and hope that youll take it into consideration! Will divide my thoughts to points for being more appropriate.
1 - We have 2,076,770 tokens in circulation this point and i don’t understand HOW YOU CAN consider fair! and justified to aim airdrop near 20 mln tokens to those who even hadn’t spent their own money for buying png… so theoretically if people claim their airdrops , the circulation would be 22mln tokens … so the price of png would decrease 10 times!!! NOW PLEASE PUT YOURSELF TO MY PLACE AND TO ALL OTHER PEOPLES PLACE WHO PAID 5-6$ for single png. … and after airdrop they see their single png becoming 0.5-0.6$ ? IS THAT FAIR APPROACH ??? WHAT DOES MEAN TO AIRDROP 10 times more tokens then current circulating supply!!! YOU COULD MAKE MAXIMUM 10% airdrop of tokens!!! not 1000%!!! of circulation supply! so 200.000tokens maximum not 20mln!!! This is just disgusting approach and behavior to those who spend their salary and earned money to participate in project! Believe me! they do not wish to see everyone getting airdrops and selling it immediately by dropping the price instantly ! like we see it now! and would continue seeing if you don’t initiate any action! preventing it!
2 - I want to tell you that i was a holder of 1inch token , whos developers made several airdrops to uniswap users … and you know what happened ? you think it attracted anyone to use 1inch? NO! look at the price of 1inch lol, it dumped hard after that FCKN aridrop , all the community was frustrated and disappointed in project! Because everyone who got free money ran to sell that , and the most funny shit was that, they entered to telegram group of 1inch, and i had read several messages in this veriety , like - lol thanks to fucken 1inch to airdropping me this shitty coin which i sold in a second and bought xxx(some other name) coin - NOW I WANNA ASK YOU, CAN YOU PUT YOURSELF TO A PLACE OF PERSON WHO SPENT HIS OWN MONEY TO BUY 1INCH AND HOLD IT IN PUMPS AND DUMPS … how would he feel in your opinion? But the funnies think is that 1inch token dumped because of only 10-15% airdrop! that airdrop was 10-15% of their circulating token supply!!! and that dumped the price , and brought ,occured frustration of the community! DONT BE LIKE DEVS OF FCKN 1inch pLEASE!
THat being said my suggestions are the following `
A - Cancel that whole airdrop activity right this moment! No need to wait till March 9 or longer for more dump and more frustration!
B - Burn 95% of tokens not airdropped yet immediately so if there are for an instance - 18 or 19mln … keep 0.9 or 0.95mln tokens (though that is already too much… maybe it is better to burn 98%) , for your reserve hence MARKETING!!! PURPOSES (attract youtubers twitter guys etc etc) AND DEVELOPMENT (DAMN USE THAT FCKN MONEY TO PAY PROGRAMMERS TO MAKE ALL YOUR GOALS CONNECTED TO DEVELOPMENT OF THE PROJECT 10 times FASTER with 10 times more hands coding)! THAT WOULD SPREAD THE NEWS OF THE PROJECT MUCHHHH more INTENSE way!!!
C - Respect those who buy and hold the token not get fckn airdrop and sell initiating dump and frustration of community! Go to your telegram read what people write. Are they happy or excited with the airdrop …NO!
WITH REGARDS AND LOVE
i BELIEVE!!! in PROJECT!! I LOVE IT! DON"T THINK I BLAME YOU! EVEN IF I BLAME YOU OR CRITISIZE ITS CAUSE I LOVE YOUR PROJECT ! JUST DON"T MAKE PEOPLE FEEL LIKE THEY ARE STUPID FUCKERS! PLEASE
SORRY FOR MY POOR ENGLISH I AM NOT ENGLISH I AM FROM ARMENIA! REGARDS AND LOVE TO YOU!!!