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Opensea wave 1 chest prize reactions are living proof that unless you're giving users outsized gains for their participation sentiment will always be negative
Opensea were pretty explicit when it came to the rewards system. 50% of all fees were used to buy back NFTs and coins which would then go back to the community after 30 days
With this knowledge you could work out that the rack back for the average participant would be around 40% and the chance of pulling any NFT would be 0.2%
This is another case of the emotional brain (hopium for winning the top prizes) clouding farming strategy. The hopium and then disappointment felt was also amplified through CT's engagement farming posts
So next time you're feeling FOMO remember to DYOR and weigh up if the risk reward ratio is really worth it
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