The results of Sanctum's $CLOUD token airdrop reveal a complex distribution pattern. This pattern was influenced by the concentration of EXP (experience points) and the project's strategic decisions to reward long-term holders and discourage speculative behavior. Here's a detailed breakdown:

1. Overall Distribution of EXP and Airdrop Value:

• Total Users and EXP: The project has registered 314,367 wallets with a cumulative total of approximately 2.5 trillion EXP. The team allocated 5% of the total token supply (50 million tokens) for the airdrop. However, due to the concentrated distribution of EXP, many users, particularly those with fewer EXP, saw relatively modest returns.

• Concentration of EXP: The top 0.008% (25 wallets) control 20% of the total EXP, while the top 1% hold a significant 73.6%. This leaves the bottom 90% of wallets with just 6% of the total EXP. This skewed distribution means that the majority of tokens from the airdrop went to a small percentage of users, reflecting their dominance in the ecosystem.

• Average Airdrop Value: Based on $CLOUD reaching an ATH of $0.33 and a low of $0.13, the average price was approximately $0.23. This gives the total airdrop pool a value of about $11.5 million, resulting in an average airdrop value of around $36.58 per wallet. However, due to the highly concentrated EXP distribution, the actual airdrop value for individual wallets varies significantly, with top wallets receiving much more and others far less.

• Top 1% of Wallets: They received approximately 36.8 million $CLOUD tokens out of the 50 million total airdrop pool. On average, each wallet in the top 1% received about 11,706 $CLOUD tokens, which at an average price of $0.23, translates to approximately $2,692.38 per wallet.

2. Airdrop Distribution Method:

• Linear Distribution: Despite the high concentration of EXP, the project opted for a linear distribution model based on each wallet's share of the total EXP. This means that users' airdrop amounts are directly proportional to their EXP holdings. For users with minimal EXP, the returns were limited, particularly given the concentration of EXP among the top wallets.

• Referral Bonuses: The inclusion of Referral Cupcakes (20,000 EXP each) into the total EXP calculation provides an additional boost for users who engaged in referrals, but this is still subject to the overall skewed distribution.

3. Witch Hunt (Sybil Attack Mitigation):

• Multi-Wallet Behavior: The project identified 61,181 wallets (about 20% of the total) as engaging in suspicious or multi-wallet behavior, often linked to automated funding or patterns indicative of Sybil attacks. These wallets were subsequently disqualified, which helps maintain the integrity of the airdrop by preventing exploitation by bad actors.

• Sanctum Profiles: Users had the opportunity to "confess" by filling in their profiles, avoiding blacklisting. This approach likely provided a form of leniency for some users, ensuring that genuine users weren't unfairly excluded.

4. Token Launch Strategy:

• Avoiding Low Float, High FDV: The project aimed to circumvent typical issues seen in token launches by ensuring a more balanced approach. With only 20% of the total supply circulating initially, and 10% each reserved for the airdrop and liquidity seeding, $CLOUD seeked to maintain a stable launch price and liquidity.

• No VC Preference: Sanctum deliberately turned down venture capital (VC) funding to ensure that all users have an equal opportunity to purchase $CLOUD, emphasizing decentralization and fairness.

• Long-Term Incentives: Users are incentivized to hold off on claiming their airdrop, with potential bonuses of up to 100% for those who wait. This approach aligns with the project's goal to foster long-term engagement rather than short-term speculation.

5. Utility and Future Prospects:

• Governance and Partnerships: $CLOUD will play a central role in the Sanctum ecosystem, including governance and participation in programs like the Sanctum Verified Partner program and Wonderland S2. This utility is expected to drive demand and integrate $CLOUD into the broader ecosystem over time.

Overall, the $CLOUD airdrop reflects a highly strategic approach to token distribution, balancing the need for fairness, long-term alignment, and ecosystem growth while dealing with the challenges of concentrated wealth and potential Sybil attacks. The calculated average airdrop value of approximately $36.58 per wallet provides a general sense of the distribution's impact, though the actual value received by individual wallets will vary widely due to the concentrated distribution of EXP.