Explain the Concept of “Airdropping” and Its Impact on Initial Capital Distribution.
Airdropping is the distribution of free tokens to a large number of wallet addresses, typically based on a snapshot of prior activity or holdings in a related ecosystem. While it doesn't directly raise initial capital, it is a form of decentralized distribution that helps bootstrap a community and decentralize governance.
It can impact capital distribution by creating a broad base of initial holders, increasing awareness, and potentially generating trading volume which feeds protocol fees.