In Q1-Q2 2024, airdrop farming was a popular and nearly consensus form of earning money, offering substantial upside, especially for users with smaller bankrolls, leading to a slew of hyped airdrop events, such as ZKSync, LayerZero, and Blast.
However, due to the industrial levels of sybil farming and sheer whale power that entered these markets, most of the airdrops disappointed, resulting in diminishing numbers of airdrop farmers.
