CRYPTO PROJECTS HAVE GIVEN OUT 40 BILLION POINTS SO FAR. WHEN WILL IT END?

Summary from the TLDR Crypto newsletter

There is growing disdain towards the trend of projects giving out "points" as rewards instead of tokens. Critics view points as useless IOUs and a departure from potentially lucrative airdrops. They point out that users have been burned by points programs that never delivered any value to users. On the other hand, VCs see an upside in points due to their flexibility, lower regulatory risk, and potential to drive customer engagement and loyalty. With both pros and cons, it’s still up for debate whether points are a passing fad or a future norm in the crypto space.