Recently, the Eco Square has been flooded with airdrop messages from a leading project, and many friends are eager to participate. But I have to be honest, the risks of this move outweigh the potential gains.

As someone who has been in this circle for many years, I see a clear signal: the eco points are now in a high bubble phase. Looking at the data from the past week, the unit price of points has increased by 32% compared to the weekly average, but this surge is entirely driven by emotions, not an increase in the intrinsic value of the ecosystem itself. To put it simply, it’s hype-driven, and using the current price to exchange for airdrop rewards is like buying cabbage at gold prices.

The more critical issue is the actual use of the points. Many people think points are just for participating in various small activities, but that’s not the case. The core function of points is to secure early positioning in new projects. However, the participation threshold for these high-quality new projects is not low. I’ve analyzed the data from the past three months of new listings, and on average, each worthwhile project requires a points reserve 1.8 times the amount consumed in these surprise airdrops.

If you spend all your points now, it will be troublesome when new projects launch. Just last month, there was a vivid example: a group of people followed the trend and participated in similar airdrops, and three days later, a leading project officially launched. Those who had already used up their points were completely disqualified from early-stage participation. Those who managed to participate saw daily gains exceeding 20%, and the gap widened instantly. Once points are spent, it’s very hard to recover; the market won’t pay for regretful decisions.