Bitcoin Forum

Is airdrop really needed for an ICO to acquire awareness and get more subscriber/members in social medias?
What is best Airdrop for awareness or Bounties?

YEs, it is true for most ICOs. Some are now implementing lockdown period for Bounty/Airdrops to avoid Dumping.. Why complain if it is a free coin/token right? It will be released once it reached the target Market Cap or Period.

Yeah, most of them who joined the airdrop wants a quick money
They will sell it on unofficial market or they will sell it after listed
And many of them are duplicating the data, i don't know why they are so greedy

I don't think so. bounty campaign is enough and if the project is really good people will become aware of it and neutral magazine site related to cryptocurrency will do a write up for them, I have seen a good project that did not do airdrop and people become aware of it, because of buzz

most airdrop users sell their tokens at low prices, thus lowering prices too, all ICOs require airdrop users to improve their community, I think airdrops and bounty hunter users should be smart and patient in selling their tokens so they can sell their tokens at a good price.

I'm not sure about that but in fact it has a lot of impact to the result of price after it will be listed on the exchange site and you can see that many of airdrop hunters are weak hands.
So many airdrop hunters are selling directly to the exchange site to grab fast money. they don't care even it's a little money.

All of your questions had answer of yes. Indeed airdroppers dump massively when the coin is already listed in any exchanges but also with the help of airdrops, the coin also gain a lot of exposure and making the community so big in numbers. Airdrops and bounties were almost stays the same. dumpers and helpers at the same time.

I think airdrops are probably beneficial because many of these new ICO’s are unknown and no one would otherwise hear about these tokens. Everyone is interested in getting something for free and these projects get some publicity from the airdrop plus the recipient may either hold or sell the token so this creates potentially some trade volume and the coins are dispersed.

We cant tell which is effective in acquiring awareness  or to get more members in social medias. in my own opinion doing bounties is quite more effective in advertising ICO rather than  doing airdrop. nowadays some airdrop called selfairdrop in which you send 0 eth to their smart contract in order to receive  their tokens. While doing bounties is you need to work to earn tokens and by this mean it is lot effective to get their project more popular.

Bounty and Airdrop are the reason why the ICO usually drop. They usually sell their coin after that coin listed on the exchange. But if the ICO are strong enough, I think dump will not be a big problem. Also I hope that bounty hunter and airdrop hunter doesn't sell their token immediately.

Airdrop is not necessarily required to gain more community support, but airdrop is the most effective way to get it.
However, I don't think a small amount of airdrop will have a negative impact on the price of the whole token.

Agree at some point airdrop and bounty may cause a dip of a token/ICO but don't you think that because of these teo ico's will not be successful. 1st of developers already know that but still they use it for marketing purposes. Why? It can gain investors and also once it hit the market those token sold by these people can increase the marketcap of the token and eventually serious investors will get those cheap coins. Fast forward, once whales got all of it the project is launched and it will boost the price.

Agree with this idea for promoting the Project with launching a Bounty campaign only. It makes the project more valuable because they are not doing airdrop just for hype. I think project that dont have Airdrop are more valuable in terms of seriousness of the team because they dont want to just giving away the tokens/coins just for a quick task and the participant are not interested of what they develop.

Is Airdrop causing a dump price of Token/ICO?
Yes and no. If a token is just airdropped it's normal see a decline in the price after being listed.
But if most of tokens are sold on ICO, free distribution is countless.

Is airdrop really needed for an ICO to acquire awareness and get more subscriber/members in social medias?
Most of time YES. I think there is even a reason related to each coin history. FOMO is a great booster!

I don't think that Airdrop is the cause for the dump price of tokens after ICO, because in general people receive tokens that are worth less than 5$. It's not even worth to sell these airdrops, because of the withdrawal fee of the exchange.

Yes, they are needed for ico to gain awareness, airdrops and bounties are tiny potion given to promoters of token event generation or initial coin offering, investors always blame airdrop and bounty participants for this but they have the largest portion and the price are dumped because of unbelievable bonuses offered to them.

the amount of tokens from airdrop probably very less but if plenty of people sold their tokens at the same time that's similar such as dumped their tokens and i do agree with many people at here that airdrop is the main cause why tokens price dump and it was already happened several times on particular exchange that tokens are dump from airdrop participant and difficult to rise up again

The lockdown of tokens to avoid dumping might seem like a good idea on the surface but from my experience this has not prevented dumping of Airdropped tokens . The best it does is postpone the dumping!

I think airdrop cannot cause a dump in price
Because most airdrops are 5$ and trade on idex
So an opportunity to dump is far from within
I think ico need to reduce the bonus % to ensure that dumping will be avoided

Lately , bounty rewards are sent late to prevent dumping
Whichever the case
We can hope dumpers learn

Disagree, bounty and airdrop allocations are very small amount of money compared to the collected amount of money from the ICO investors. Numerous ICO earned for about $30,000 which is a great amount of money that comes from the private and public sale. When the token gets listed in an exchange, there is a greater risk that the investors will dump their token, that causes the price fluctuation coin. Airdrop and bounty hunters is not to blame here.

Just in one scenario airdrop could be a danger for the market itself. If one scammer could get more then on reward from the same airdrop, he achieve a good % of tokens. These tokens dumped on the market could have an impact. I see some scam accusation about 100k usd scammed by a single person with bounties/airdrop activities. For some ICO this is a huge amount of money and it's easier change the market upon an exchange.

In my opinion, airdrop is unlikely to cause the price of Altcoin to decline. All the declining prices are now impossible due to airdrop. That I do not think is possible. Because altcoin price drops it is much that affect these factors. Maybe because the name of the trade could be the price up and down. but if because it is just airdrop I do not think it is possible. Because airdrop is usually worthless.

Yes there's always an impact on some of the airdrop and bounty tokens being dump. In early stage of listing on exchange some of the airdrop and bounties tokens are being dump and i think it will decrease the current price compare to the holders they are just waiting when the price is right. And i agree with you for a little impact only.

for only a small part of the marketing of ICO. It is a strategy so that the ICO could have an extensive marketing and be known to many people. If you want to look for a better secure search airdrop owned by ICO of the course. many airdrops contain only a scam and it's very troubling.

You are really right, there's always advantage on Airdrop and bounty campaign at the same time it has also negative effects on the project. All are good way of increasing awareness and project promotion and decreasing the negative effect is a great way to solve.

Basically, Airdrop and Bounty is an effort to gain awareness or introduce the project to the public but, I think Bounty Campaign is more effective than Airdrop because participants have the duty to be active in social media, telegram group, etc. and I think Bounty Campaign with 0.5% to 2% allocation is not able to make the price fall because of the low number of tokens allocated and that token is distributed to hundreds or even thousands of participants.

If you are still worried about it, I suggest to ask yourself;
-, do you think all bounty participants will sell their tokens at the same time?
-, do you never think that some of the participants might hold the tokens because they believe in the project?
-, do you never think that their campaigns can attract new investors to invest?
-, The last question, do you still think that bounty participants are the cause of dump prices?

Both airdrops and bounties let the world know about the forthcoming new project. It seems to me that we can`t compare them in categories 'better or worse', since they are aimed at different segments and audiences. Airdrop is needed for those who want to get tokens for nothing, and bounties are designed for advertising at more professional level, as the target is experts, investors and crypto enthusiasts.

Maybe only a small portion of the price drops due to airdrop, if the airdrop is big when entering the market.
The big impact of the current price drop due to many factors, one of the factors is the need.

When I did Airdrops I never dumped them on the first available exchange, as in the long run these tokdns could become something bigger but I think the vast majority looks rather for quick profits

I don't agree that airdrop and bounty hunting causes dumping of ICOs project when listed on exchange as the upcoming project only aloocates between 1 to 5% of the tokens and that too they get after 1 or 2 months in some cases. About awareness I think bounty is far better as compare to airdrop. Bounty is like rewards for developing community by promoting project on various platforms and airdrop is only one time task and joined by peoples who don't even know & care much about the project.

not at all, and we all know most airdrop is completely useless at all. and when the token goes into exchange, it rarely has a reasonable price. so it's better to bounty.

Sometime airdrop make it dump, because the particupant in airdrop til 10,000 participant eventhough they get little amount of that token, but the total amount in airdrop really huge amount. And when they have received their reward, most of participants doing dump to that token.

Definitely Airdrop is one of the types of promotion of block-products. Little-known companies try to attract attention to a new product in order to spin their coin.

Yes they does affect the prices of ICO projects heavily. Because airdrops are free tokens and they at least spend more than millions of tokens over it and when it comes to the exchanges then they will sell like hungry people! This causes millions of dollars wiped out directly from the ICO funds and thus prices drops in terms of dumps. The worst thing about this is, ICO developers still add up airdrops after they know that it is not much help to them in terms of marketing. But we cant help it, but do know one thing that ICO with less monetary funds and still having airdrops can lead to scams too.

no people tend to dump things they know are going to get dumped anyways.

conversely whenever most people invest in ICOs, generally those experienced traders, they know well enough that they are taking a big risk and it is more like a gamble. it is also like a race most of the times. a race against other investors to see who can dump faster because the first person will get the best price and the rest will have to follow him with lower prices and take smaller profits until 0 and then start losing money.

I think people who did not believe the project/platform is the one who's dumping and they just want a quick profit. They are a little smart but the more smarter is the one holding for years. As a bounty hunter its hard to get free tokens and i think they just want money for thier needs not thinking of the future of the token/coins.

Airdrop is just free tokens people get without any stress, people don't work for airdrop. Bounty campaign is the best tool for creating awareness for ICOs. In bounty campaigns, the participants will be given task to promote the project on social media but airdrop doesn't do any promotional work.

Yeah i believe some ICO implemented this one and also the airdrop tokens is distributed later. Some project also has a good plan to lessen the dumping by distributing the tokens by batch and it helps a lot.

yes it is required and it is not increasing awareness it is increasing the number of advertisers who will then increase the number of victims of that ICO which can in turn increase its initial price and will surely increase the amount of money the ICO owners will earn out of thin air.
sometimes if you don't give the token away you won't be able to find anyone to even look at your useless token because it is useless!

I think an airdrop dont dump the price, when it is a real token or coins with a good projects behind. Of course they are always people who immidietaly sell their airdrop coins and tokens. But these just effect the price if theres no seriouse projects. Then everybody will sell their coins to get as much profit as possible. So when you look actually at the market, their are just rare airdrops of good coins.

I think yes. Mostly airdrop holders do the huge dumping of their tokens especially if theres newly added exchange to the project. They are the ones to blame on this big dumping happening in market aside from big whales since they got their tokens freely and they are not in lose compared to those investing true money.Although they also help in creating volume in market since without the sellers theres also no buyers right? So somehow confusing.  ;D

I still think that most projects which are a utility should have Airdrop for more user acquisition to decrease the cost associated with that. While for marketing bounties are still the best way to go for more social media presence as most of the social media have kind of banned crypto ads.

Yeah i think thats the problem of running a Project. It needs a lot of audience to increase the awareness and make the project valuable to the eyes of the investor.

I think not, because the division of airdrop is very little percentage, therefore I think airdrop and bounty can not affect the ICO is up or down the price, which can affect it in my personal opinion is the investor itself.

Yes very little but it can affect if that user has a lot of tokens accumulated specially if that airdrop is a referral airdrop. We can expect a huge dump if someone is dumping a big number of tokens.

Airdrops are the main reasons why the price of any token that is listed on an exchange gets so low. Because they dont work for it, they decide to sell at any price at all, after all they are free tokens. But airdrops also makes a lot of advertising too. Not too many people will join the bounty, but majority will join the airdrop.

Hello,

I think it is depending of the coin/AirDrop.

If the AirDrop amount is too important and if it is too easy to too many people yes there is a high risk of a dump because many people comme juste to have it and sell to invest in their project.

But if AirDrop is reasonable and do in a smart way like fresco for example, with really project and potential after if will give more light and will increase the value.

Most probably yes sometimes airdrop is cause of dumping a coin when airdrop hunter know it's listed they sell it immediately.  And mostly of some ICO now do a airdrop to get many followers to promote their project.

Airdrop tokens can cause dumping but if not much tokens are distributed, then it doesn't cause much dumping.

Both will be helpfull to raise a community, but the best way of it is the bounty. But airdropping will just caused in dumping of token as the regular price in the ICO, because some of the users will get a big amount of token just for participating in airdrops which is not good to the investors.

For me I believe airdrop is more effective in bring members to the telegram or other social media, it is an easy way to build a large community, bounty is mostly for people who know about bitcointalk, moreover airdrop is easy to do than bounty.

If everyone receives airdrop coins for free then they treat them as something not very expensive/valuable. So, try to sell immediately.

I actually don't know with this kind of SH*t but some traders/bounty members of this community has long patience on this they created alot of eth wallet to join an airdrop but some investors are really into it they love Airdrops to gain popularity on ICO they promote.

No, most air drop are not profitable at all, so would be a tiny spec in the whole crypto market. I mean how much volume do air drop coins have? What percentage of airdrop coins even make it to an exchange? Two percent?

Airdrop has never caused the dump on the markets. I think all these things comes from the high tokens given to we the bounty hunters.

Is it really needed? Not necessarily since there are other marketing campaigns to create awareness. But it has been the most effective in driving people into a certain ICO so far.

Bounties no doubt because there are various activities going on all in all one place is alot of promotional

We can't hodl them, Yes bounty hunters and airdrops cause to dump some price of TOken/ICO but there are investors that really bad on selling their coins that will turn the market down or dead project. I hate it when somebody will use to act the same thing.

So depends on the quantity given to the users. In some case those who has the token form airdrops they usually dump the price of a coin to have an early profit.

Some do it for promotional purposes but I've seen some tokens that don't do it but they became popular.

Litecoin didn't have this before but they became popular.

Follow some ICO trackers website or the Bounties. (https://bitcointalk.org/index.php?board=238.0)

Some are to blame, bounty hunters are dumping and airdrop token. Investors are not dumping in a first exchange i think because they want a big percent of profit. They are also whales in the crypto world.