For ideological, decentralization, legal and practical reasons Blockchain based service companies like asset exchanges, money markets, art markets, social media platforms, etc. had a very particular way of making their “Equity” public. Instead of making a sale of shares they created tokens and rewarded those tokens to early users of the service who took the risk of using a new, unproven, service by gifting those tokens that had governance rights over the platform. Sometimes they even distributed earnings by different methods. The objective of this fund was to systematically use blockchain based applications that had not issued governance tokens and earn yield from the difference between usage costs and the sale of the awarded tokens. These rewards are referred to as Air Drops, hence the name of the fund. Overall the project was a success due to the highly asymmetric risk structure of its foundation.