Grass Community’s much-anticipated GRASS token airdrop has launched, however many customers stay unable to entry their tokens.
Technical points with Solana’s Phantom pockets have left a number of eligible recipients and not using a solution to declare their GRASS tokens. This has been one of the crucial hyped airdrops in latest months, as Grass Basis is distributing 10% of the token’s provide within the first airdrop.
For months, the crypto neighborhood has voiced issues about Grass Community’s airdrop mannequin. GRASS tokens have a capped provide of 1 billion, with 10% put aside for the preliminary airdrop. The distribution plan consists of 1.5% for closed alpha testers and seven% for individuals in Epochs 1 by way of 7.
Additionally,allocations for the Bonus Epoch and future distributions had been lacking from this preliminary rollout, which additional fueled frustration amongst supporters.
Learn Extra: What are Crypto Airdrops?
Phantom Pockets’s latest downtime has compounded these points. This isn’t Phantom’s first reported disruption this 12 months; comparable technical incidents occurred in February and August.
“We’re currently experiencing an uptime incident and some services may be temporarily disrupted. If you are in urgent need of making a transaction, please ignore simulation errors and try using a dapp,” Phantom Pockets wrote in an X (previously Twitter) publish.
A number of customers have complained on X that they’re unable to entry their airdropped tokens even an hour after it went dwell. Some customers reported that their pockets addresses are exhibiting as ‘not eligible’ despite the fact that they had been beforehand proven to be eligible, based on Glass Community’s airdrop checker.
“Spent more than 9 months “earning” and referring folks to make use of @getgrass_io…Solely to search out out that I’m not allowed to assert the airdrop. Irrespective of the place I set my VPN to. And naturally there’s NO point out of restricted areas wherever on their web site,” one consumer wrote on X (previously Twitter)
Infrequently, customers of Solana’s greatest pockets have been unable to view correct token balances and account data. These recurring points have heightened discontent amongst crypto lovers counting on Phantom for his or her transactions.
If these points live on, GRASS may drive disappointments much like the latest Hamster Kombat airdrop. Hamster Kombat’s HMSTR token airdrop was one of the crucial extremely anticipated occasions of this 12 months in crypto.
Nevertheless, HMSTR sharply dropped 20% after the airdrop and itemizing, which disillusioned customers who had performed the sport for months.
Learn Extra: What Is DePIN (Decentralized Bodily Infrastructure Networks)?
DePIN Tokens Face Blended Receptions Amid Market Volatility
DePIN tasks have seen some successes in 2024. Binance lately listed the IO token from io.web on June 11. The IO token serves as the first forex inside io.web, protecting charges, transactions, and contributor rewards for these sharing GPU sources. One other DePIN undertaking, Aethir, secured listings on OKX, Gate.io, and Bitfinex.
Nevertheless, some neighborhood members expressed disappointment after Aethir’s Could cloud drop, which distributed 670,000 badges, didn’t qualify all badge homeowners for the following airdrop. The combined reactions to airdrops underscore the challenges DePIN tasks face in sustaining consumer belief and engagement.
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