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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Christinebeauty on May 24, 2019, 07:58:12 PM



Title: can someone explain to me the motive behind airdrops?
Post by: Christinebeauty on May 24, 2019, 07:58:12 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?


Title: Re: can someone explain to me the motive behind airdrops?
Post by: memed97 on May 24, 2019, 08:08:45 PM
I also don't understand why the project developer made airdrop, because airdrop has a good side and a bad side, if the good side I see is to make it easier for people to know about the tokens or coins in the market, and that will definitely affect the price.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: akamit on May 24, 2019, 08:14:23 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
It's a bad marketing strategy in my opinion.

Let's say if they sent 1m token to 50k addresses then maybe almost 50k peoples will know about the project and those 50k peoples will probably look for the price and will also try to learn more about that project.

Maybe some peoples will convert and will do promotional works (bounty) for them to earn more of those tokens. And from promotion, they may get investors to get funded up their project.

They send such low amount because they don't want peoples to dump the tokens when they will list the token in exchange. It's just a marketing startegy imo, and win win thing for them.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Teawhalee on May 24, 2019, 08:16:05 PM
Airdrops is a usually norm for a new project to give free coins to its community members for performing simple task assigned. It helps the project to gain more publicity and attract potential investors.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Mypanara19 on May 24, 2019, 09:04:16 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

I must say that not all airdrops give and distribute amount of tokens lesser than the minimun amount that you can deposit and trade in an exchange, this is my testimony as well being an airdrop hunter because I have sold and earn several times from the airdrop like the first airdrop I ever joined gave me $200 when I traded it and that's what encourage me to keep joining and participating airdrop. But that was before, now it's true that you can hardly sell the token that you get from an airdrop. But those who had been lucky to participate with hydro airdrop got more than $3k from its airdrop when sold on its ath.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: cytpoway121 on May 24, 2019, 09:05:54 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

All frankness, airdrops are very good
It pushes a project into limelight, and is the first stage of marketing a Blockchain or crypto currency project for a very low fee.

Airdrop used to be very rewarding; but it’s now worth 0$ Or 1$


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Akonobea on May 24, 2019, 09:20:24 PM
Airdrops are ways to create awareness about a project really fast. Because you don't do much tasks, you don't get enough money. Scammers have also used airdrops as a means of collecting people's information for their own purposes.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Xardasim on May 24, 2019, 09:52:06 PM
I do not think all the projects use this tactic. Maybe it was the one you encountered. Recently someone created threat that he earned $50 from the airdrop. Find him, maybe he can help you. Or if you think you can not make any profit, just stay away.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: jossiel on May 24, 2019, 09:57:01 PM
It is for the exposure and people are still buying these airdrops with the belief that they will grow in manner in the future. If there are no people who are attached and keeps on joining these airdrops.

Soon these developers will learn that people doesnt like it anymore but as long as there are takers of it, amount and value of that airdrop doesnt really matter to them.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: ElephantPro on May 24, 2019, 09:57:46 PM
There have been a lot of successful air drops, but these air drops were from earlier in the crypto game. Unfortunately for me I wasn't here at the time. But who knows what will happen in the future.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: xenomorphe1 on May 24, 2019, 10:02:01 PM
It is only for marketing purpose. How could you tell people that this coin exist? Without doing airdrop, nobody is gonna be interested in their coin. The amount of coins given is too small, but it can make people curious about it. And maybe new investors are going to buy it.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Dluches on May 24, 2019, 10:06:03 PM
Airdrops are one of the cheapest forms of marketing services in the crypto industry. Airdrops are done with the aim of promting the project in the real world and also getting other members to sign up on this project.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: spydee1522 on May 24, 2019, 10:17:58 PM
airdrops are truly marketing strategies to reach out to the mass adoption of a project. gone were the days that when you fill out 5 airdrop forms, you could end up being paid by at least 3 of them but not in this current era of crypto, I'm not saying airdrops ain't profitable, it is but to me, most times I consider it as a waste of time and data consumption because at long last, the project will be listed and you then realize the amount you had is nowhere to be compared with the minimum amount you have to get before you deposit your tokens on the exchange platform? I have earned much from airdrop but the airdrops off late are just waste of precious time and the annoying moment when airdrop participants are required to go through KYC.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Twinkledoe on May 24, 2019, 10:31:36 PM
Airdrops are one of the cheapest forms of marketing services in the crypto industry. Airdrops are done with the aim of promting the project in the real world and also getting other members to sign up on this project.

The OP is right, some of those airdrops are not worth sending to exchanges. Yet, there are still a large number of people participating airdrops, maybe they have multiple accounts to make their effort worthwhile. LOL But projects are still doing airdrops aiming to let crypto users feel their existence in the market.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: delarossa on May 24, 2019, 10:31:57 PM
Average, airdrop has been made for the one of way to do a strategic marketing promotion to get a many of investor which want to invest with their project. Even though sometimes the developer project should give the some much coin.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Adriano2010 on May 24, 2019, 10:33:29 PM
I think airdrop are made so more people find about that coin and on that way dev try to get more trade volume and maybe think some people will still buy and sell and buy again or hold the coin.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: daniel2023 on May 24, 2019, 10:36:57 PM
That is part of the ingenuity in the system right now. Based on the above and many reasons i hardly do airdrop this day. I have couples of  tokens gotten from airdrop but i cannot trade them. What is the need of participating in something that has no benefit.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Pet240 on May 25, 2019, 04:13:16 AM
you should not expect so much from airdrop, mos especially these coming from ICO projects, because they will not be coming in any reasonable amount. I still prefer to participate in airdrops from non-ICO and non-premine projects. Although by the time they are first listed, they usually, they are usually priced at unimaginable low prices, that you might not be able to trade, but if you can be patient enough to hold, then the better.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Hughes_Ryan on May 25, 2019, 04:30:32 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
I think, because that's their purpose. Airdrops will create effects and spread on the strong community. They succeed with this marketing campaign. The safer part to get these rewards is a transaction limit so you can open the reward. This means that the discharge rate of bounty or airdrop will decrease. The purpose seems clear.



Title: Re: can someone explain to me the motive behind airdrops?
Post by: ajqjjj on May 25, 2019, 04:34:14 AM
you should not expect so much from airdrop, mos especially these coming from ICO projects, because they will not be coming in any reasonable amount. I still prefer to participate in airdrops from non-ICO and non-premine projects. Although by the time they are first listed, they usually, they are usually priced at unimaginable low prices, that you might not be able to trade, but if you can be patient enough to hold, then the better.
Airdrops participation is never satisfy in expecting tokens because number of Airdrops are enter in the market so continuous participate in all the airdrops surely they earn good profit. But some lazy peoples are available in the market so they are all feel like this. Some peoples are waiting for long term so they feel happy to enjoy in every profit.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: rosezionjohn on May 25, 2019, 04:34:25 AM
Well if you can only spend a few hundreds of dollars for fees in sending those tokens to advertise your project to a specific users, then that is already a good thing for these ICOs and other start ups.  


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Pffrt on May 25, 2019, 04:37:04 AM
First of all, this is a marketing strategy. Way of gaining muvh exposure from the crypto community. The amount you receive depends on the participant itself. The higher the participants, the lower the reward.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Jpt on May 25, 2019, 04:48:55 AM
As far as I know, airdrop is a means of making the publicity of a project. Some projects hold airdrop before hitting exchanges, while some others do beforehand. But almost all project (cryptocurrency) hold airdrops. Lately, airdrop has become a reliable means of making the publicity of a project and attracting as many as investors. Conducting airdrop is easier as well, and it attracts easily bounty hunters as bounty hunters are entitled to some money worth of airdrop tokens in just a minute.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Astvile on May 25, 2019, 04:52:16 AM
I dont even know why developers are doing airdrops maybe to promote their coin and spread news about it?but its still a no no for me.Airdrop can make the price of their coin dump because so much people will have the token and will surely sell it immediately


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Caladonian on May 25, 2019, 05:15:57 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
Simply to attract investors, another marketing tricks coming from the team behind for sure, they are trying to attract each participants to support the project by giving them small amount of coins, for few people around especially those who are not really active within this market, seeing some value
will give them some trigger to buy more without any knowledge that it can be a trapped coming from the bot or team who created the tokens.

Needs to be very careful and if possible not to be encourage buying the tokens without any good knowledge about it.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: shoreno on May 25, 2019, 05:21:49 AM
I dont even know why developers are doing airdrops maybe to promote their coin and spread news about it?but its still a no no for me.Airdrop can make the price of their coin dump because so much people will have the token and will surely sell it immediately

Your right . The purpose of airdrop is for advertisement or for promotion and in return they pay the promoter a token . Your also right that airdrop is the one cause of dumping of the token because an airdrop hunter will always sell their token once they recieved it but you should not worry since most airdrop coins are not really that promising .  As of now the era of airdrop is slowly degrading because alot of airdrops lately are being abandoned by their devs


Title: Re: can someone explain to me the motive behind airdrops?
Post by: lyks15 on May 25, 2019, 05:47:13 AM
I think this is one of their marketing strategy to make newbies and other prospect investors motived. Like many people instinct,reverse psychology is the best way to motivate or to boost people's interest to things that they are doing. Second the issue and exposure when airdrops happen it will be trend specially in social media that gives a crypto too much attention to the readers.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: fortunecrypto on May 25, 2019, 06:26:10 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

I never participate in airdrops anymore, it's just a trap, they ask for your vital information for a few cents worth of their tokens, and sometimes it's worthless, it's like giving out your information for free, then they ask you to deposit buy more so you can deposit it in exchange, after that the dev will dump all their shares and run, leaving you with nothing.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Congyang on May 25, 2019, 06:36:25 AM
airdrop motif in my opinion, I've heard a few words if airdrop was created for a promotional media for a coin that will be released in public, now airdrop offers gifts in an easy way for the participants. this is an effective way to attract participants.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: pinoy.bolanon on May 25, 2019, 06:47:39 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

Airdrops are done in order to gain more holders of the tokens, the bigger the community, the better to the project, and why it is small amount of tokens? the reason is that, when the project listed to the exchanges, the holder tend to buy more in order to liquidate his holdings, this way they are part of the supporter of the project, and its a vice versa.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Herbert2020 on May 25, 2019, 06:49:47 AM
airdrop (in its true meaning no the new altered meaning) was meant to "give away" some coins for free to people who are interested in the project to test things out and see if they like what the project itself offers, find bugs, give suggestions,... in short participate in development of the decentralized project.
for example in  early years people who had some bitcoins would give away those coins to others to "spread the word" the most known example is the 10000 bitcoin for pizza story which was a type of "spreading the word".

but then the new meaning changed into fooling people to advertise your useless token for you and pay them less than minimum vague to work for you and call that "airdrop" then when they advertised you dump your premined huge stash and make a lot of money and go away.
this also explains why they pay these newbies so little because they want to be the biggest controller of the price as long as they are around, after they dump they no longer care because they move on to next scam.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: michellee on May 25, 2019, 07:19:50 AM
I think they want to introduce their real project so before they launch the project to the public, they use airdrop to spread the news about their project. That is work for them, so people will know that they have the main project that was still running, and they invited the investor to come and join with them. But I don't think that right now, the airdrop still worth because many of the airdrops have been abandon or stop the project.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Menawi12 on May 25, 2019, 07:21:54 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

I think, many developers team organize airdrop to spread token holders. If the token hold by many people, buy and sell in market will be more attractive and could rising. Beside that, people will know better about the project and hopely they will investing their money


Title: Re: can someone explain to me the motive behind airdrops?
Post by: waynechong1995 on May 25, 2019, 08:08:46 AM
Its about publicity and volume from varies of people, the benefit of a successful projects through airdrops that generate lots of volume far outweigh the efforts needed for those project owners, in other words easy money for them. Look how DeepOnion storm the market through periodic airdrops that pumped the price so hard when peoples are FOMO-ing. The intentions are pretty straightforward, registrants for airdrops hope they make a little money, and owners hoped to boost their PR, long/short term gains whenever its good or malicious intent


Title: Re: can someone explain to me the motive behind airdrops?
Post by: iMark on May 25, 2019, 08:17:49 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
It's a bad marketing strategy in my opinion.

Let's say if they sent 1m token to 50k addresses then maybe almost 50k peoples will know about the project and those 50k peoples will probably look for the price and will also try to learn more about that project.

Maybe some peoples will convert and will do promotional works (bounty) for them to earn more of those tokens. And from promotion, they may get investors to get funded up their project.

They send such low amount because they don't want peoples to dump the tokens when they will list the token in exchange. It's just a marketing startegy imo, and win win thing for them.

Not entirely bad, distribution to many people is important to increase the number of users, because if ICO only relies on investors, the number of users will be limited, airdrop will open the opportunity for the project to have more names and links. I think the developer has formulated it well, what is the right airdrop allocation so that it does not have a negative impact on their market


Title: Re: can someone explain to me the motive behind airdrops?
Post by: absurde on May 25, 2019, 08:21:33 AM
Airdrop leverages to advertise the project, it's kind of marketing with crowdfunding. With airdrops, social media promote the project and make this project more recognition.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Eraldo Coil on May 25, 2019, 08:58:04 AM
It is used to promote the project itself giving freebies to some of the people in order for those people to see how a coin will perform. But there are a lot of risks in joining these airdrops and I don't recommend it except when the one who shared the airdrop are bounty managers you can trust. Airdrops can be used in phishing and selling of your information which can really be dangerous when you sign up your email address and they can send you a phishing link.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Indrawan77 on May 25, 2019, 09:09:52 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
It's a bad marketing strategy in my opinion.

Let's say if they sent 1m token to 50k addresses then maybe almost 50k peoples will know about the project and those 50k peoples will probably look for the price and will also try to learn more about that project.

Maybe some peoples will convert and will do promotional works (bounty) for them to earn more of those tokens. And from promotion, they may get investors to get funded up their project.

They send such low amount because they don't want peoples to dump the tokens when they will list the token in exchange. It's just a marketing startegy imo, and win win thing for them.


I don't think this a bad strategy but the developers need to think the portion of distribution, if not the amount could hurt the price when its being launched, usually yhe developers choose airdrop to increase the popularity and hopefully could increase the transaction volume, who knows they become attracted to used it for transaction, but airdrop is not too favor for investor because it can caused the price drop severely


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Wintersoldier on May 25, 2019, 09:20:18 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

Well, from its context, you can understand that they wanted us to look at their project as, providing a free package from air, wherein, we can freely loot it. But in fact, it was really really hard to obtain something valuable about it, thinking about the fact that some airdrops are worthless, you need to sacrifice your identity to it.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: florac9 on May 25, 2019, 09:28:24 AM
Airdrops idea is not that bad ,its just another easier way to create awareness for the particular project I don't see how this is wrong and moreover its free money either too low in value or not ,if you don't like don't do its simple


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Apes on May 25, 2019, 09:37:46 AM
one of reason airdrop give away is to give a hype effect so that tokens or coins can be better known to the community in an easy way, without ICO and project excessive promotion,  airdrop effect can massively spread the project and well known worldwide.
whereas in fact the airdrop token is just a useless penny.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: 5thFear on May 25, 2019, 09:40:21 AM
It helps in the circulation of the tokens/coins and also it gets the attention of the crypto community. The more circulation a coin have the easier it becomes for it to get listed on coinmarketcap. So its a win win situation for both bounty hunters and the project also.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Saisher on May 25, 2019, 09:49:18 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

The motive is only to steal information besides scamming people by asking them to buy more so they can get more airdrops and making empty promises that the coin will perform great in the market, once it hit there this is the reality of the majority of these coins.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: sanida on May 25, 2019, 09:50:38 AM
The main reason to execute an airdrop is to lure investors but that just an old strategy nowadays they don't work anymore because most genuine investors know how is this so called airdrops works and for the participant they are just being used by those greedy scammers who only take their time to promote their mostly shady project in worst cases they will ended up getting nothing in returns.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: jumiapaul on May 25, 2019, 09:58:07 AM
The most logical reason why developers distribute airdrop is for promotion purpose. The developers want to make cryptocurrency enthusiast aware of the project and that explains why simple task are required from the participants to earn the tokens. Its understandable that the value airdroped could be very little compared to the total.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: neonshium on May 25, 2019, 10:06:46 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
Most of them make use of airdrop to actually create an hype for their project, people love free things and will want to make more money from sharing their referral links to friends which is totally free of charge, this way the project would reach out to so many people who might be interested in it and pick up even much coin than what was distributed during the airdrop, this is why I always keep telling people that airdrop most of the time is a waste of time, I prefer bounty over it.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: shesheboy on May 25, 2019, 10:11:00 AM
The motive is only to steal information
if an airdrop is a scam then yes that might be their motive but not all airdrops are scam  . Also an airdrop wont ask for your personal info not unless if its a kyc based airdrop  

Quote
besides scamming people by asking them to buy more so they can get more airdrops.......
Airdrops are not encouraging people to invest more of their coins because airdrop is only optional . You can do airdrops if you want to earn extra coins

It helps in the circulation of the tokens/coins and also it gets the attention of the crypto community. The more circulation a coin have the easier it becomes for it to get listed on coinmarketcap. So its a win win situation for both bounty hunters and the project also.
I think its not about the circulation on why a certain coin will be listed or not . Its not a win win situation for both sides because the owner are mainly the ones that will get benefit the most  


Title: Re: can someone explain to me the motive behind airdrops?
Post by: shiming on May 25, 2019, 10:12:52 AM
Attract attention. Let more people join this project. There may be an advantage when voting. If the project party has money, I think the project side will consider repurchase. This will benefit the project. Otherwise, on the trading platform, the price will drop a lot.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: anatolij.shishkin on May 25, 2019, 10:28:05 AM
Minimum quantity? Apparently we are talking about the price of the token, the number of tokens that are sent and the price of the minimum withdrawal on the exchange.

 Well, look. The project says that their coin is worth $ 1 and in fact $ 0.00001 is the whole problem.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: crispyfry211 on May 25, 2019, 10:44:17 AM
Nowadays some airdrops are scams also so be aware of what you are filling up with your details because they can use it in scam also,But i have a airdrop that can give you profit and surely it is a legit and this is Den coin airdrop.They have ICO also that starts within a week so must try the den coin tokens.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: ivanserfg on May 25, 2019, 12:55:36 PM
In general, the idea of airdrop is good, you, in exchange for loyalty to the company, get acquainted with it and acquaint your friends, and some of them will become a client, BUT companies have already distorted this concept, and very often nothing is sent at all


Title: Re: can someone explain to me the motive behind airdrops?
Post by: DarkNight_1St on May 25, 2019, 12:59:21 PM
I think airdrop for community development and people who introduce many people will get more tokens.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Dellosoft on May 25, 2019, 01:00:57 PM
You have a point here. But probably with time the said exchange will reduce minimum deposit when the coin gets value in future. Anyways, most airdrops to be honest are time wasters. The purpose for airdrop initially was to compensate coin holders, later the motive changed to compensating the community for doing simple tasks.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Deallove9 on May 25, 2019, 01:06:02 PM
I think every airdrop have their specific rules to airdrop to their participants and before the announcement of the airdrop there must have been a specific amount of token to be distribute and the developer must have set the limit for those who participate with limit but some dont have limit for them and that makes the number of token to be reduce.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Rengga Jati on May 25, 2019, 01:14:00 PM
One of the strong reasons why the developer or team offering the airdrop program is:
1. Massive promotions
2. Give rewards that aren't too big for the airdrop hunters
3. Get as many community members as possible

From this, it is very clear that the motivation behind airdrops is, of course, an introduction to a project and part of marketing strategy or promotion.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: akamit on May 25, 2019, 06:50:00 PM
It's kinda spamming someone's wallet - so it's a bad thing imo. Though everyone has their own point of view.
We really don't want marketers to spam our email then why should we allow the marketers to spam our wallet as an example? Both marketers of the two kinds haven't taken our permission.

Most of the times those airdropped token stays in your wallet because it has ZERO value.
If you want to clean your wallet then you need money, so we will be spending ETHs to clean ZERO value. If those tokens have value then scenario could be different.

An example: I really don't know anything about these tokens but it's in my wallet and made my wallet congested...
https://i.imgur.com/0PnsEnS.png

There is a lot of projects who never airdropped this way, but those are the successful ones. If anyone has a good project then it will be successful even without the airdrop.

It's like free marketing and free marketing is always spammy.

Not entirely bad, distribution to many people is important to increase the number of users, because if ICO only relies on investors, the number of users will be limited, airdrop will open the opportunity for the project to have more names and links. I think the developer has formulated it well, what is the right airdrop allocation so that it does not have a negative impact on their market

I don't think this a bad strategy but the developers need to think the portion of distribution, if not the amount could hurt the price when its being launched, usually yhe developers choose airdrop to increase the popularity and hopefully could increase the transaction volume, who knows they become attracted to used it for transaction, but airdrop is not too favor for investor because it can caused the price drop severely


Title: Re: can someone explain to me the motive behind airdrops?
Post by: cabron on May 25, 2019, 06:53:19 PM


I don't join to those airdrop because most of them  are just going to spam your email address after they got it. If they were true though, its not going to be worth but their coin is  going to be listed on the exchange and will have some volume because those airdropped add up. The motive I guess is jsut for marketing purposes other than taking your  emails and detailed of you as they make you signup.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: vasrasus on May 25, 2019, 07:02:06 PM
Airdrops were still helpful to others, Airdrops will not still exist if it's not beneficial to the project as well to the crypto Users. It's good to attract more investors to buy and hold since they give Airdrops sometimes to holders. And to know the project exist so they provide airdrop for the first time while their on sale.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Christinebeauty on May 25, 2019, 08:12:28 PM
The upcoming exchanges will be conducting airdrops but will make sure the amount offered is so small that it can only be used to pay for withdrawal charges on that particular exchange. So you will not even bother to withdraw


Title: Re: can someone explain to me the motive behind airdrops?
Post by: timmmers on May 25, 2019, 08:17:00 PM
It depends on airdrops that you choose to do. I like doing airdrops for coins that are already listed on exchanges or they are in IEO phase on some big exchange like Huobi or Binance.  :)


Title: Re: can someone explain to me the motive behind airdrops?
Post by: jessyj48 on May 25, 2019, 08:30:59 PM
No time is wasted by promoting through airdrops ,many airdrops are worthless and its better to choose already trading tokens or coins so that you can sell when you get paid


Title: Re: can someone explain to me the motive behind airdrops?
Post by: alberdina on May 25, 2019, 08:38:24 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

Airdrop now if compared to the former is certainly very different. Now hope that being able to get a lot of money from Airdrop is very difficult. Even many Airdrops are fake and make a lot of people lose time. It is better to focus on a bounty project that makes money, even though there are not many.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Wale777 on May 25, 2019, 08:42:04 PM
Airdrops is basically to make publicity about the project for the potential investors to know about the project by giving bounty hunters some tokens to do simple tasks for the project advertisement


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Averim on May 25, 2019, 08:47:28 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
Human kind is happy to receive something for free, without any effort even if the volume is to low to buy a drop of water. This way developers create awareness in the crypto market.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: superscommessebitcoin on May 25, 2019, 08:50:32 PM
Basically it is necessary to get a lot of people in your project. After all, the most important thing is to disseminate information about your project and when it is supported by many people it will have a good impact on its development.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: bitstalker on May 25, 2019, 09:18:05 PM
I am still confused about that, but in my opinion the purpose of conducting airdrop like that is to make a part of the project supply, and maybe promotion, the purpose of promotion here is that airdrop has been distributed shortly after that the price of the token moves and maybe it will attract airdrop holders to bought the token, and also maybe they intentionally did it so that it opens the opportunity for people who want to buy airdrop tokens through collectors.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: martabaktelor on May 25, 2019, 09:37:55 PM
To choose a good Airdrop project I think is Airdrop that has an ICO project. So we can also check on the ICO project. The developer must have experience and listed the original personal profile. So if you check in and there is no doubt in the project. You can decide to participate immediately.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: huhhuh18 on May 25, 2019, 10:00:05 PM
Well, i think airdrops have taken a whole new dimension. At first, airdrops were both for awareness purposes and also for earning purposes, but currently airdrops are just for awareness purposes. For anyone to earn, they'll need to buy that token.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: vhns222 on May 25, 2019, 10:10:27 PM
Mostly its about promotion but sometimes some so-called <<projects>> make airdrop then to dump them on exchanges and go ,so not always its worth to keep them i have 100s tokens which hasn't any volume at all some even cant list on exchanges.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: perla on May 25, 2019, 10:12:31 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
Airdrops for now only to promote a project, with referral system. So their project can be spread to the world and they hope they can get investor with it. But in past, some airdrops really want to us to submit our address or maybe with email only, and we can get it free.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: zero714309 on May 25, 2019, 10:22:56 PM
Airdrop is like ads to promote their project to investor. Airdrop have simple task and we can do it with easier but sometimes also we can find aidrop with difficult task. And if we look at what you say i think the developers and team have bad project and they dont want cash out us easily. Sometimes as airdrop hunter we not really read the rules but sometimes the developer cheaters and change the rule in the middle.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Hypnosis00 on May 25, 2019, 10:31:16 PM
Airdrop is like ads to promote their project to investor. Airdrop have simple task and we can do it with easier but sometimes also we can find aidrop with difficult task. And if we look at what you say i think the developers and team have bad project and they dont want cash out us easily. Sometimes as airdrop hunter we not really read the rules but sometimes the developer cheaters and change the rule in the middle.
It absolutely there is a huge change happen cause mostly they'll never give their promises instead of lying into every participants. It looks bad and not even profitable this time, I consider participating airdrop will just wasting our precious time instead of using it into the other thing.

Having airdrop is just a way to promote their project(ghost project), they are doing some test to the community if it have a possible market in the future before they launch an ICO or IEO programs.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Viceroy on May 25, 2019, 11:56:05 PM
I think that you have not met good airdrop. Of course, most airdrop are doing exactly as you said, but there are exceptions. In any case, in my opinion airdrop is ineffective marketing.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: sodiik on May 26, 2019, 01:08:32 AM
Airdrop does have a very easy job. But for the Airdrop project, it is now very much downhill. Developers do not intend to develop their projects. Moreover, now many Airdrop projects end in fraud, whereas some Airdrop requests KYC procedures.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: inanilujimi on May 26, 2019, 01:17:00 AM
Airdrop is a marketing strategy so that it looks like social media has many followers from Airdrop to make it look a lot and can attract investors to invest in it so that the project can run according to the road map.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: PuertoLibre on May 26, 2019, 01:26:18 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
Airdrops are not money tree that everyone can take a piece of the leaf with two hands. It is a waste of time for those don't want to hold and look for easy money. Easy money stacked on the wallets for years and neither team nor airdrop hunters can't see any real value.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: kogozer714 on May 26, 2019, 01:30:35 AM
I think Airdrop is only for an award for a community that has helped develop coins that they circulate to members of their community to do simple tasks that are done and will not make a lot of money, this will attract investors to come and be interested in it.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Shova on May 26, 2019, 01:32:08 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

Airdrops are a way to increase buzz around a project. Airdropped users are a cheap mouth to mouth advertisements. They act as unofficial ambassador to the project and are involved in the community as a part of it. It also provides the sense of decentralization though they are 99% centralized on holding.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: salty on May 26, 2019, 04:19:37 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
You are right,but there is another side to the coin.Most recently, my friend sold 600 coins at $ 0.95.And he got them just by participating in the airdrop program.Of course Fortuna is 1 in 1000 but nevertheless worth to take into account these factors.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: GrosWesh on May 26, 2019, 04:39:56 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

In doing so, they probably hope that some (even a small part of the people) decide to invest a little bit in order to be able to deposit their tokens to sell them ....  ::)

However, not all airdrops are bad. Some are salable (and some rare at very good prices!). Besides the financial aspect, I think (after having participated in a lot of airdrops in 2018) that they can be an interesting gateway to the world of cryptos. First steps on exchanges, use of more or less technical terms, some software etc ... I did not become rich with the aidrops (even if I made money) but I do not have either the feeling of having totally lost my time :) My 2 satos!


Title: Re: can someone explain to me the motive behind airdrops?
Post by: betty11 on May 26, 2019, 05:04:26 PM
This has led many persons to stop participating in airdrop, their strategy is to grow their community and make it look attractive to investors and traders, they equally hope some of the airdrop participants will participate in the project which some actually do. I think it's a pure wickedness and should be discouraged. I have many useless tokens on my wallet, I have disabled the balance from my dashboard.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Chomsy on May 26, 2019, 05:14:21 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?


This is a very good question. These developers and team need to answer this honestly. It's very bad and disheartening to get a reward that can't even get to an exchange for sale. Well, those who still do airdrops, kudos..


Title: Re: can someone explain to me the motive behind airdrops?
Post by: carter34 on May 26, 2019, 05:17:52 PM
I see is to make it easier for people to know about the tokens or coins in the market

I was thinking this way too at the earlier stage of my involvement with it, amidst struggling for one or two registration and follow ups to no avail because of the shit projects.

Thus, in my reality, I have come to educate myself that it was just made to get more people to their community for easy scam  ;D because you are likely to invest if you get an airdrop.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Pecunia non olet on May 26, 2019, 05:24:33 PM
Airdrop creators get a free attention and airdrop participants get free tokens, but due to the bear market, people are afraid of buying low market cap coins and thats why these coins do not have value.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Aniwura on May 26, 2019, 11:50:30 PM
It has been a long time I participated in airdrop and back then when i was still actively involved in it, i was not concerned with its amount, total supply or what is given to me. My concern most is the profit it will bring me. So since i started noticing it to be waste of time, i had to stop participating in airdrop.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Absolutep on May 26, 2019, 11:54:20 PM
I feel that the motive behind airdrop these days is just to gather community.it is easy to reach out to many at a time through airdrop.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: coin-investor on May 26, 2019, 11:55:49 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

Airdrops are for awareness, they just want you to buy more so you can trade in the market, besides asking for your sensitive information, which some of them do, sell them online this second one is very risky but as well don't do it a penny for information.is this right?


Title: Re: can someone explain to me the motive behind airdrops?
Post by: fosco333 on May 27, 2019, 03:47:29 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

I think the purpose of airdrop is to fill their social media with crowd of peoples.
The more peoples join and supporting the project, the more investors will be attracted to investing.
Airdrop participants can hold their token for better value in the future if they cannot deposit it due low value.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: ivan1975 on May 27, 2019, 03:56:25 AM
For POS coins airdrop can be a means of initial distribution of coins among the maximum number of users.
All this contributes to decentralization.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: m0Ray on May 28, 2019, 05:35:32 AM
In most cases, airdrops organize fraudulent projects. Since airdrop is not an effective means of marketing. The organizers hope that bounty hunters will invest in their project. They are used to that in the past airdrop is very well quoted and continue to play this game. Do not join projects where there is airdrop. It's stupid and you should be prepared to lose your time.




Title: Re: can someone explain to me the motive behind airdrops?
Post by: DainSLane on May 28, 2019, 06:13:17 AM
There is a big effect for the project if they launch airdrop they can get more potential investors through social media like facebook, twitter, linked. There are lots of people know about the project and the people who joined the airdrop they can get free token.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: traderethereum on May 28, 2019, 06:54:38 AM
I feel that the motive behind airdrop these days is just to gather community.it is easy to reach out to many at a time through airdrop.
That could be one of many reasons why the project launches the airdrops after their launch their project.
They want to know how big attention from their community and public, so they make the airdrop programs to gather them in one community.
They will get more follower if their project is very good and they can apply what they have in the plan to the real work.
But maybe each project has their motive behind of airdrops, and we don't know what the real motive of them is.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: mardaed on May 28, 2019, 08:02:43 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

I think they only do that to promote their own project to every individual here in crypto. As you can see those allocating token is limited only for participants. And this token is not enough or not profitable and indeed its such a waste of time and effort.

All they need to do is to get their project to known in public. I think thats whats airdrop is.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: MUG1WARA on May 28, 2019, 08:54:51 AM
this is part of marketing and each project has a different way to introduce their project to many people, maybe the purpose of all this is just to attract investors because the more holders there will be more investors interested


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Supercrypt on May 29, 2019, 06:40:24 AM
First of all, this is a marketing strategy. Way of gaining muvh exposure from the crypto community. The amount you receive depends on the participant itself. The higher the participants, the lower the reward.
Then what guarantee do they have that those participant they havedistributed the free token to will take step to directly invest more in the project, although it works for some projects, if the participants see that it is a coin that is promising and have a real life working product for future growth, they will be encourage to add to the amount of airdrop token they get since most airdrops are usually little in quantity.

This method doesn’t work for all projects as you don’t know how financially buoyant the participants in question is for them to commit their fund directly when we still have so many projects in the market that are doing the same. So, how many of those projects will the participant invest in?


Title: Re: can someone explain to me the motive behind airdrops?
Post by: KryptoKai on May 29, 2019, 06:52:25 AM
Airdrops are good if managed properly. It means that there is a core group willing to promote the coin for free. If managed badly they will dump the token at any price


Title: Re: can someone explain to me the motive behind airdrops?
Post by: trauchot on May 29, 2019, 07:09:44 AM
This of course very often happens and nothing can be done about it, for such situations you need to have a good referral network and then everything will be fine or of course you can sell your aidrop tokens at etherdelta or forkdelta.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: AjithBtc on May 29, 2019, 07:23:37 AM
Airdrops were just an added way of promoting the project, providing few amount for performing certain tasks that will get more people know about the project. Earlier airdrops too have made people rich. There are more number of airdrops that haven't got distributed. Very few find it a better way to promote and use this in a very effective manner.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: kaya11 on May 29, 2019, 07:38:41 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

To increase the liquidation of the new alt, I somehow understand what they trying to do. When I was at the early stage of crypto, it was way back 2017, I don't know why they give free coins to anonymous users and it includes traders and holders. I was one of the person who was given an airdrop and when it goes live on an exchange I somehow feel to buy more, and yes I did bought some and I think this was the one of the reason for an airdrop. When the time you got the coin you search for their credibility if they got a promising project etc and then you somehow feel it was safe to invest on, I don't know if other people did this too but airdrop is a simple step of knowing crypto space.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: FoBoT on May 29, 2019, 07:56:33 AM
Airdrop is giving part of the project coin/token to non investors in order to expose and promote the project.
Airdrop makes more people to be aware of the project in question and increase the coin/token holders which is necessary for the investors.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: munareal on May 29, 2019, 07:59:08 AM
Airdrop is a way of advertising a cryptocurrency. People love freebies and many see it as an avenue to create a crypto portfolio with various coins of which most are shit coins. developers incentivize those interested in their project with a small amount of their token. the value of these coins are so small but people still do them.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: dobolspeed3 on May 29, 2019, 08:32:56 AM
Therefore many projects slow down distribution by reason of wanting the value of the token to be stable first. That is what the project usually does to avoid falling in price. And there are also those who parse the allocation from Airdrop itself because people don't sell much, this is actually unfair.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: RDNX on May 29, 2019, 08:40:41 AM
I dont even know why developers are doing airdrops maybe to promote their coin and spread news about it?but its still a no no for me.Airdrop can make the price of their coin dump because so much people will have the token and will surely sell it immediately

Actually, there was a good airdrop project a few years ago. The project was POLYMATH.
They give an Airdrop token to the users and the value is very good. I got around $400 from that free airdrop.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Dpat on May 29, 2019, 08:44:13 AM
The motive behind the Airdrop is to cheat the investor of the crypto and steal their personal information. But, I think only 1% of the Airdrop may be the legit. Think yourself why someone give you money without any work. So, do not indulge into this scam.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Burogh on May 29, 2019, 09:41:19 AM
The motive behind the Airdrop is to cheat the investor of the crypto and steal their personal information. But, I think only 1% of the Airdrop may be the legit. Think yourself why someone give you money without any work. So, do not indulge into this scam.

Many airdrop not require our KYC when we sign up. I dont think airdrop is tool to mining our data, but to spread the word about the project. If more people holding the token, more people have a chance to invest and find out about the project


Title: Re: can someone explain to me the motive behind airdrops?
Post by: ahmed04 on May 29, 2019, 01:38:34 PM
The organizers of the project do not care about your time. They try to collect the largest amount of money in the shortest possible time. And so they use all the tools to attract the community. Don't listen.





Title: Re: can someone explain to me the motive behind airdrops?
Post by: rachman mahesa on May 29, 2019, 02:52:59 PM
The organizers of the project do not care about your time. They try to collect the largest amount of money in the shortest possible time. And so they use all the tools to attract the community. Don't listen.
What makes sense is what you say. Therefore, it is better for you to participate in a bounty program than to be airdrop. Because airdrop is certainly easy to do but the value is higher for bounty. As said that the project did not really deal with the time you spent participating in or working on airdrop.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: kevinex on May 29, 2019, 02:56:08 PM
What makes sense is what you say. Therefore, it is better for you to participate in a bounty program than to be airdrop. Because airdrop is certainly easy to do but the value is higher for bounty. As said that the project did not really deal with the time you spent participating in or working on airdrop.
for some reason now many airdrop campaigns are still being carried out and there are also many who follow them, even though now the requirements we are asked to follow are sometimes difficult. I myself haven't been on an airdrop campaign for a long time.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: WolfheartTargaryen on May 29, 2019, 02:57:50 PM
What makes sense is what you say. Therefore, it is better for you to participate in a bounty program than to be airdrop. Because airdrop is certainly easy to do but the value is higher for bounty. As said that the project did not really deal with the time you spent participating in or working on airdrop.
for some reason now many airdrop campaigns are still being carried out and there are also many who follow them, even though now the requirements we are asked to follow are sometimes difficult. I myself haven't been on an airdrop campaign for a long time.
I have been both a marketing advisor and community manager and can say with 100% certainty that airdrops and bounties are almost always a complete waste of time and money.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: casperBGD on May 29, 2019, 03:03:00 PM
What makes sense is what you say. Therefore, it is better for you to participate in a bounty program than to be airdrop. Because airdrop is certainly easy to do but the value is higher for bounty. As said that the project did not really deal with the time you spent participating in or working on airdrop.
for some reason now many airdrop campaigns are still being carried out and there are also many who follow them, even though now the requirements we are asked to follow are sometimes difficult. I myself haven't been on an airdrop campaign for a long time.
I have been both a marketing advisor and community manager and can say with 100% certainty that airdrops and bounties are almost always a complete waste of time and money.

do you have some data to support this statement, or you just expressing your opinion without any data to support it
i do not think so, since this is a young niche of business and bounty and airdrop are the way to promote an idea without initial cash investment needed for marketing purposes, you are providing part of the company that will have value in the future for present support by the community that follow crypto currencies


Title: Re: can someone explain to me the motive behind airdrops?
Post by: dimonarka on May 29, 2019, 03:55:34 PM
The main goal of free distribution from each project is to attract users to your project. Typically, distributions are not large in amounts, and most people bolshenvsha eats them for pennies and the course does not particularly affect the distribution of free distribution is usually allocated a couple of percent of the total tokens.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Ucy on May 29, 2019, 05:59:53 PM
I think airdrops are used by developers to create artificial deflation or to increase the users of their tokens/projects.
 Most of the developers way of incentivizing users through Airdrops  has been thesame for a long time now and with no creativity. Sometimes I wonder if they think this things through or they're probably just spamming the ICO space deliberately with worthless tokens to make it look unattractive and useless


Title: Re: can someone explain to me the motive behind airdrops?
Post by: playboy654 on May 29, 2019, 06:10:54 PM
Giving their tokens to get more attention about the project and it is really nothing loss of the project team if they didn't get success but it will e a great blow for the people who were promoting it but when it get success small portion will go to the participants but team will enjoy all the profits they had made.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: ZEIIMAN on May 29, 2019, 06:48:54 PM
Airdrop is carried out in order to ensure that most people have concentrated tokens of the project. So is it good advertising, are rarely generous airdrome, so it's cheap advertising.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: MOProgress on May 29, 2019, 07:17:26 PM
I think be of the major reasons for airdrop is to build the  social media community of a given project. Although there may be some other reasons.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Loedong on May 29, 2019, 07:29:17 PM
talking about airdrop has a good side as well as a negative side, airdrop describes an alternative to promoting projects other than ICO. to get Token generated from airdrops is also not too difficult, but a negative side that needs to be noted is that token airdrops cannot be guaranteed as profit.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: nicecrypto on May 29, 2019, 07:34:48 PM
Cheapest way of advertising your project and creating awareness through thousands of people with a very low cost, Airdrop is a very strong tool to advertise your project, it helps project to build their followers or future investors and strong community, airdrop can attract thousands of people in no time, i myself came to know about Tron because the binnace airdrop they did bck in 2017, after receiving the airedrop, imade more research and then invest on the project, it is powerful tool of advertising.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: reynald70 on May 29, 2019, 07:41:17 PM
talking about airdrop has a good side as well as a negative side, airdrop describes an alternative to promoting projects other than ICO. to get Token generated from airdrops is also not too difficult, but a negative side that needs to be noted is that token airdrops cannot be guaranteed as profit.
Yes, Airdrop Tokens do not guarantee that we will get a decent profit, because so far Airdrop generators are very cheap, so Airdrop is only a cheap promotional material from a project to attract buyers to buy their Tokens.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Mianae on May 29, 2019, 08:07:35 PM
The main purpose for airdrop is to attract and build community members for the project. Another one is to increase the number of the token holders it's also a means of advertising for the project to seek out investors.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Pithaxz on May 29, 2019, 08:16:58 PM
talking about airdrop has a good side as well as a negative side, airdrop describes an alternative to promoting projects other than ICO. to get Token generated from airdrops is also not too difficult, but a negative side that needs to be noted is that token airdrops cannot be guaranteed as profit.
Yes, Airdrop Tokens do not guarantee that we will get a decent profit, because so far Airdrop generators are very cheap, so Airdrop is only a cheap promotional material from a project to attract buyers to buy their Tokens.

yes that's one reason why some bounty hunters don't like airdrop because of a number of reasons including airdrops tokens that can't be set as a price benchmark, but I think there are still some people who like airdrop.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: spadormie on May 29, 2019, 09:10:46 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
It's a bad marketing strategy in my opinion.

Let's say if they sent 1m token to 50k addresses then maybe almost 50k peoples will know about the project and those 50k peoples will probably look for the price and will also try to learn more about that project.

Maybe some peoples will convert and will do promotional works (bounty) for them to earn more of those tokens. And from promotion, they may get investors to get funded up their project.

They send such low amount because they don't want peoples to dump the tokens when they will list the token in exchange. It's just a marketing startegy imo, and win win thing for them.

It's a good marketing strategy. I once joined an airdrop and it only took 10 days for my airdrop worth reaches 1000 usd JUST FOR FREE. And they only gave some coins to lucky 1000 people and I only waited for 10 days just to have 1000 dollars. Just imagine. Hodlers of a coin makes the coin's price go up.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Raymondavid47 on May 29, 2019, 09:24:38 PM
The motive behind airdrop is to create massive awareness for a project. Projects use airdrops to drastically increase the number of people in their Telegram group. Generally they use airdrops for publicity and social media outreach.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Tosyn2 on May 29, 2019, 09:30:37 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
For me I think the intention of majority of developers concerning airdrop is to gain cheap publicity for their projects. And the funniest thing is that people will not even think of the reward, they will just jump to every airdrop that comes their way. Although profitable airdrop had existed in the past.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Altero on May 29, 2019, 09:37:32 PM
The motive behind airdrop is to create massive awareness for a project. Projects use airdrops to drastically increase the number of people in their Telegram group. Generally they use airdrops for publicity and social media outreach.
We all know that it is all about projects promotional but the worst thing it contributed to the community is that it never makes sense to us.
Joining airdrops is just a waste of time, mostly it turns into another bunch of shit coins and sometimes nothing to receive. I don't know why many of us trying luck into this, in fact, a lot of awareness came out of nothing good but still, they are joining on this fake promotional programs.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: nekonyun on May 29, 2019, 09:44:35 PM
the motive behind aidrop is that there are two to promote the altcoin project and to make it as a reward for the success of the project. and why they give a small prize because we have to spread the aidrop called a referral program to get a big prize


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Tyoks on May 29, 2019, 09:53:02 PM
I don't think that all the project developers who prepared the airdrop tokens were not like you said, because in 2017-2018 I got a number of airdrop tokens that could be saved in exchange for trading and the results I got were also pretty, although not too large.
maybe you are following airdrop, which is where the project is headed and maybe it's also a scam project because during this bearish market there are a lot of airdrop programs that are very unreasonable for the conditions to follow or with the results obtained.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: adzino on May 29, 2019, 10:03:35 PM
Its just a way of distributing free coins. Most of the people are usually attracted towards free stuffs. So air drops become a way for the developers to spread out their coins while gaining the attention of mass people. We can say its actually a form of advertising their coins while also increasing its adoption.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Dacosta Osei-Tutu on May 29, 2019, 11:24:00 PM
Majority of these airdrops are nothing but a waste of time. They are not even worth our attention. I can't imagine a project offering 2$ worth of coins and still be requesting for KYC.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: gaj ahmada on May 29, 2019, 11:40:14 PM
the existence of airdrop may be a marketing strategy carried out by developers so that coins are increasingly recognized by the public, with airdrop attracting people to know about the project and following airdrop to obtain tokens, there are indeed many airdrops that give little token for its users and in my opinion this strategy bad


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Whosdaddy on May 30, 2019, 05:27:53 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

I think the purpose of airdrop is to fill their social media with crowd of peoples.
The more peoples join and supporting the project, the more investors will be attracted to investing.
Airdrop participants can hold their token for better value in the future if they cannot deposit it due low value.
Airdrop is not even supposed to be in large quantity, it’s just a small token distributed free to create further awareness, if they spend all the project money on campaign, how do we then expect the project to survive, so I wonder why people complain on things like this.

Airdrop is free and some doesn’t really demand much from one to have access to, and since it’s free and little, the receiver can further invest in it if he or she finds the project interesting, or like you said.
Just continue holding till the coin gain a special value in future, by the time he counts the number of airdrop he has, and he would be amazed at what they are capable of gaining in future.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Litzki1990 on May 30, 2019, 06:26:36 AM
All the projects they have to make an airdrops most of the time there is a big help for the projects to be know more better to the community and investors through the social media like facebook, twitter, you tube, linked. They can acquire more investors to invest to their project.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: tenebriscaelum on May 30, 2019, 07:31:40 AM
An airdrop in the cryptocurrency on any given projects is just a marketing strategy. Developers or managers of a project do this so that they can advertise their token in the pretense that the token have value and they will get it for free. When in reality people that participate in airdrops are being used to advertise their project for almost little to no cost as the rewards that are given does not have value unless investors and users give value to the token.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Nesbee2 on May 30, 2019, 12:02:07 PM
Airdrop is a free token giveaway  as a way of advertising a new project or an old project that lacks awareness. with airdrop the developer will build a large community on social media and by so doing create a huge awareness concerning such a project.

Some investors get to know about a new project via tasks done by airdrop participants on social  media . so its to the advantage of the project.

For the effect on token price, if the developers know the right thing to do ,  airdrops wont affect the price  that much , even if aidroppers dump their free  tokens below ico price , with the activities of Team and potentials of the project  the price can actually moon again .


Title: Re: can someone explain to me the motive behind airdrops?
Post by: adncoin on May 30, 2019, 12:15:48 PM
Airdrops are done by companies to promote their project and gain supporters from the people. Through this way, interested members will sign up for the project. For startups, this marketing strategy attracts traders/investors easily. But still some projects only do airdrops to gather the private details of users and simply gain attention within the crowd. Sometimes airdrops are also done to sustain the interest of users. For example a certain milestone has been reached and the company wants to give back to its community.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: FlamingFingers on May 30, 2019, 12:16:42 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
one of the importance of airdrop is to bring more awareness of the project to the public it's just like a form of advertising their project,  some of those who participated in the airdrop might buy some portion from such project and by completing a simple tasks such as facebook post or retweet lots of people will be aware of such project


Title: Re: can someone explain to me the motive behind airdrops?
Post by: darewaller on May 30, 2019, 12:18:16 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
I think they are simply just using that as marketing strategy to create more awareness for the project, but I see it as a very wrong method of marketing because those that are getting the airdrop may not even pick interest in investing in their project, because virtually those who request to participate in airdrop are simply doing so to get free coin.

If I were those project developers and I am sure that the project has a real working product, I will rather prefer to use that airdrop fund to market that product through other social media platform or bill boards and from there introduce the coin to them, because airdrop is just a waste of money to me.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: sempak on May 30, 2019, 12:23:46 PM
The motive behind airdrop is to create massive awareness for a project. Projects use airdrops to drastically increase the number of people in their Telegram group. Generally they use airdrops for publicity and social media outreach.
The introduction of a projeck and also adding communication because airdrop requires users who follow to follow or join their official. this can increase their community and also identify their program to many people. airdrop is an easy way for dev to reach social media and maybe more efficiently


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Dacosta Osei-Tutu on May 30, 2019, 12:45:32 PM
Sometimes I wonder why they give out the tokens freely while they are still afraid that the coins will be dumped by the airdop participants.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Ss4sukE on May 30, 2019, 12:49:52 PM
I don't really know the motive behind this airdrop, but many people think it's airdrops one of the promotional methods besides ico. But there are also those who think that airdrop is more profitable than social media campaigns. But I personally agree that airdrops are not profitable and also cannot be guaranteed that they are more feasible than social media campaigns.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Wayan_Pedjeng on May 30, 2019, 12:59:16 PM
The more users a particular altcoin is having, that much chances are there for it to survive in the future. And there is no better way of achieving this other than airdrops. A well advertised airdrop can get as many as 100,000 applications and even if we assume that half of them are from the scammers, it will leave the coin with 50,000 users.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: palle11 on May 30, 2019, 01:08:31 PM
Airdrop is a form of marketing of the project. It creates awareness and build more supporters on the project. Of course, a new project needs a community that will keep discussing, building hype unintentionally, and expectation for the coin. The project can ride on that to succeed if it is a good one.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Amejoaquim on May 30, 2019, 01:20:26 PM
I also don't understand why the project developer made airdrop, because airdrop has a good side and a bad side, if the good side I see is to make it easier for people to know about the tokens or coins in the market, and that will definitely affect the price.
I think airdrop is the best marketing for the project, especially for the new project. If the allocation for the bounty isn't too much, i think airdrop can't affect the price.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: StatesManG on May 30, 2019, 01:24:33 PM
Depending on the agenda of the project, most projects gives airdrops to have more holders, so they will airdrop any amount of token no matter how little the value is. While some projects who has no intention of having a token sale can airdrop its' token to people to reach consensus of holders.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: bandungan on May 30, 2019, 01:31:31 PM
Airdrop is a form of marketing of the project. It creates awareness and build more supporters on the project. Of course, a new project needs a community that will keep discussing, building hype unintentionally, and expectation for the coin. The project can ride on that to succeed if it is a good one.
the plan for using airdrop is indeed for media marketing, but behind airdrop there is an interesting thing that makes marketing successful in attracting many investors is by doing easy things such as registration and getting free tokens that are easy to do and very effective in attracting many people.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Seth2009 on May 30, 2019, 02:06:17 PM
Airdrops is a usually norm for a new project to give free coins to its community members for performing simple task assigned. It helps the project to gain more publicity and attract potential investors.

Agree, its the best way to spread about the project.. Last year a lot of airdrops really gave a lot of money to hunters.. It is really enjoyable to do airdrops for the fact that it will really give lots of money... Today, it is more on shitcoins...few airdrops only distribute the rewards and it takes time.. Even for the token to be in exchanges...but the other thing is, some use airdrops to scam people which give it a bad image..  So better do your own research bfore doing it...


Title: Re: can someone explain to me the motive behind airdrops?
Post by: baigreen on May 30, 2019, 02:13:52 PM
The strategy of such projects is not clear to me either. Distribute tokens to $ 0.1. But there is always the possibility of growth so do not rush to sell coins. Usually live projects pay little. because they understand that their coins will cost more in the future.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: judeafante on May 30, 2019, 02:26:40 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

Behind that is they want you to buy more of their token so you can deposit their token on their exchange, most airdrops are a trap, they are going to bait you to give you your vital information, and you will never read from them after two or three months, and they are going to do another airdrop.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: KrakenZ on May 30, 2019, 03:02:39 PM
I liken Airdrop as a tester of a food product. If we want to buy a food, of course we need to taste the food to ensure that the food we buy is truly delicious. So too did the development team think. The development team provides a number of coins for free in airdrop with the hope that if the coin is useful and gets the public's trust, the coin will be bought a lot. This is what I captured from the developers' aim to hold airdrop.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Barbut on May 30, 2019, 03:06:50 PM
Same as faucets, same as rain on gambling sites. You get couple dollars (if you are lucky, sometimes even less) to try the project, to make couple transactions, to maybe try and trade it, and if you like it you will buy more and support that project. Some do airdrops to spread awareness about their project, they decided to not pay for marketing, their giveaway will be that, from people to people!


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Cnut237 on May 30, 2019, 03:16:51 PM
It's just for publicity. They send out a very small amount of coins per person to a large number of people. It doesn't cost them much to do it, and they're getting their coins into the hands of people who are already involved in crypto. The aim is to promote interest in their project. Whether it is effective or not, I don't know. Most airdrops are next to worthless for the recipient.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: bitcoinst on May 30, 2019, 03:24:39 PM
Airdrop motivation is no different from bounty motivation, cheap and fast marketing. To participate in Airdrop requires significantly less time than to participate in the bounty, which means more people can be attracted.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: forexandcryptoauditor on May 30, 2019, 03:31:27 PM
for projects airdrops are very beneficial. But for the participants, its now a days really becoming worthless. As you said, for one of the projects the airdrops tokens deposited were so less that it even could not meet the withdrawal criteria. To withdraw the received tokens members need to buy more tokens. Isn’t it funny?
For projects they are getting more investors due to social media advertising by airdrop participants but I personally feel it’s not an good idea.
Only when I participate in bounty, I participate in airdrop. Otherwise its very difficult to keep track for almost nothing.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Iyanu14 on May 30, 2019, 04:38:58 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
The obvious reason is shady, it's used to populate telegram group, whether bounty hunter can sell or not, i don't think they care, which is why it's always good to screen each project you want to render your service to.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: bloodyvio on May 30, 2019, 09:39:33 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

This is the strategy to promote their tokens and the reason they give lesser tokens is to prevent from dumping when it listed on an exchange for the first time. but it's not totally waste of time for the participants because they can hold their tokens.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Jrfranco on May 30, 2019, 09:56:44 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

Airdrops is a part of marketing idea in order to gain more supporters, in this case, the reason why it is lesser and its a small value is that, it will drive the emotion of the holder to buy more, when its listed on the exchange so that he could sell it, and when he see that the project is gaining more popularity, this is the time that he will buy more on the tokens and might be able to invite more users on the project, actually airdrops is much advantage compared to bounties, it  has lots of advantages, but after all its a marketing technique and strategy.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: justspare on May 31, 2019, 11:27:37 AM
this is part of marketing and each project has a different way to introduce their project to many people, maybe the purpose of all this is just to attract investors because the more holders there will be more investors interested
You are right mate, and that is why most of the tokens gotten from airdrops are usually small so it doesn’t affect the revenue of the company since it is more like a gift. Airdrop sometimes is another way of reminding the users and other new users out there of their existence and their usefulness.

Most airdrops gotten by people are being help so it can grow, and the moment you list it in your portfolio, or count it among one’s long term investment coins, there is no way one will not keep tab of it, which will make them to always be remembered and not lose relevance. It is actually a good way of creating awareness and staying relevant.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: leonair on May 31, 2019, 11:32:20 AM
These Airdops are a form of advertising no more, no less. Companies that do make an ICO, IEO, etc. are making this kind of move because they know that they will benefit from it and that's fine with the people who receive aidrops but most of the time the amount of it are not worthy enough compare when you invest a good amount of money to them. It's just for making noise for other people to look at them but still the bottom line is if they truly matters and have a long term visions.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Wayan_Pedjeng on May 31, 2019, 03:12:24 PM
These Airdops are a form of advertising no more, no less. Companies that do make an ICO, IEO, etc. are making this kind of move because they know that they will benefit from it and that's fine with the people who receive aidrops but most of the time the amount of it are not worthy enough compare when you invest a good amount of money to them. It's just for making noise for other people to look at them but still the bottom line is if they truly matters and have a long term visions.

This is true. The amount of coins or tokens that we receive them from these airdrops is not very large. In case the value increases due to some reason, then the users may be tempted to purchase more of them. Even if just 1% or 2% of the airdrop recipients do this, the coin will receive a huge boost and it can become very popular.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: SirLancelot on June 01, 2019, 05:26:13 AM
Airdrops are good if managed properly. It means that there is a core group willing to promote the coin for free. If managed badly they will dump the token at any price
Dumping is always bound to happen, whether token is gotten through direct investment, bounty campaign or airdrops, but what will make a project outstanding is if they have a product that is quality and highly in demand.

As the dumping takes place, there will always be a demand from time to time that will keep the value always high, but when there is no demand and supply becomes more, then it’s obvious that any dumping that occurs will gradually be killing the project until it dies off. So awareness through airdrop or other means of creating awareness is not going to sustain the system, but the product that comes along with it.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: bitc0000 on June 01, 2019, 05:48:46 AM
Airdrops are the easiest way for any project to gain attention without the project spending much. That is, the community members are rewarded with a certain amount of tokens to perform easy task, like retweeting or sharing one post or the other. Also, good projects shares good reward while cunning team shares less reward. But the main idea is to create awareness while performing simple tasks.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: BeManga on June 01, 2019, 06:03:00 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
its some kind of strategy for them to get potential investor
its not really a waste of time for those who have nothing to do
crypto price is unpredictable even its worth nothing today
if the coin have some potential someday there a chance price will also rise


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Novatech8 on June 01, 2019, 07:39:06 AM
Either bad strategy or not like some claimed on here right from day one airdrops has been around and many projects that started airdrop as means of awareness are still in existence today ,its not overall that bad


Title: Re: can someone explain to me the motive behind airdrops?
Post by: mbluxs on June 01, 2019, 07:41:23 AM
Either bad strategy or not like some claimed on here right from day one airdrops has been around and many projects that started airdrop as means of awareness are still in existence today ,its not overall that bad
Actually this is a pretty good strategy done by the team to carry out promotions using social media and also add to their community. besides, this is usually more practical to do than advertisements that I think are not very effective in attracting many people.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: joshy23 on June 01, 2019, 07:46:26 AM
Either bad strategy or not like some claimed on here right from day one airdrops has been around and many projects that started airdrop as means of awareness are still in existence today ,its not overall that bad
Actually this is a pretty good strategy done by the team to carry out promotions using social media and also add to their community. besides, this is usually more practical to do than advertisements that I think are not very effective in attracting many people.
Inside crypto industry advertising is very important, if you can deal with promoting your token by giving free to participants wallets then you'll be able to get their attention and curiosity, after doing that you'll find new interest and if the team be able to provide deeper details regarding to their coins then investors will be brought to this project coming from the free airdrops.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: rdewilde on June 01, 2019, 12:09:11 PM
Airdrop or airdropping is a marketing strategy adopted by project teams so as to promote their project while rewarding community members who participate in doing so.
The painful side of airdrop is that, most teams now see it as a medium to leverage on the works of members while paying them little or nothing, or even coming up with excuses as why they won't pay .


Title: Re: can someone explain to me the motive behind airdrops?
Post by: labenea on June 01, 2019, 12:59:34 PM
As far as I know Airdrop is a good marketing strategy, the team does it through social media campaigns. I see that currently there are also IEOs that implement airdrop systems and not just ICOs. I have followed this before but the income from the airdrops that I follow is not large so I stopped following this again.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: farlack on June 01, 2019, 01:55:54 PM
it is easy, they send worthless coins to increase number of tokenholders and make their token more liquid+ spread awareness. Airdrop is an easy way to let people know about you


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Ezio_Auditore on June 01, 2019, 02:04:53 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
Basically it is drawing attention to your coin. Developers allocate a small amount of tokens, and ordinary people begin to spread information about them on the Internet. It is not a fact that the token will cost something, but several investors will be attracted and the costs will be covered.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: jonsky05 on June 01, 2019, 02:13:26 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
The motive of every project to give airdrop to cryptocians are to be known and to get investors to participate to their funding like ICO or IEO but not all airdrop is good and give you a good earnings. So make sure that if you really want to join a bounty that project is good and give good value.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: max6575 on June 01, 2019, 02:15:27 PM
for investors to work on extended of terms as appealing with use of selection on system and might with the following entrance to put on decision as the option as preparing new position on market with the bitcoin exchange.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: TWW on June 01, 2019, 02:18:17 PM
it is easy, they send worthless coins to increase number of tokenholders and make their token more liquid+ spread awareness. Airdrop is an easy way to let people know about you
unfortunately what we get from airdrop sometimes has many values. therefore I myself don't want to do an airdrop campaign. I think it's just a waste of my time, especially for unclear projects, and asking for our documents as a condition for us to follow their campaign.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Inosend on June 01, 2019, 02:19:24 PM
Airdrops to my own understanding is done for marketing purposes. That I assume many projects do and that's why you get something that worths nothing from them. But some projects use it as a means of its distribution since maybe they will no be having any sales.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Nalbo on June 01, 2019, 02:24:16 PM
I'm quoting a perfect explanation from a airdrop alert site,
"Community building is most important for any start-up, not only the ones in the blockchain space. Proof of community is valuable for ICO's, STO's and IEO's.

If you're not paying for the product, you are the product.

By doing an airdrop or bounty the project creates awareness about their ICO or token. As a result, it brings people to the project that otherwise would not have heard about it. In addition it leads to token price appreciation, since people value a asset they own higher than a token they don't own. This is called the endowment effect.

Furthermore airdrops and bounties create a network of people who own the tokens. If you would list the token distribution after an ICO in a pie graph, a large part of the pie is still owned by the Developers or team. Another large part is owned by people who joined the pre-sale. Lastly, a reasonable part is owned by people who invested in the ICO. Therefor, an airdrop adds an extra slice to the pie and that slice will have the majority of people in it."

So, its just cheap advertisement and adding up followers and building in the community. You also becomes a part of the project for a small reward.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Chuky92 on June 01, 2019, 02:27:43 PM
Most of the time, Airdrop is done first by the team of an upcoming projects in other cases, already existing can still carry out an airdrop campaign. It is a marketing, promotion or awareness program or campaign which is used to draw investors attention to the project.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: olamidey on June 01, 2019, 02:30:28 PM
You have to look at it from the view point of marketing g and community building. This helps them to build telegram members while sharing links for airdrops. Same things applies for bounties. Most of this projects won't have been popular if not for bounties and airdrops. Creation of awareness, community engagement and Project hype


Title: Re: can someone explain to me the motive behind airdrops?
Post by: TopT3ns on June 01, 2019, 02:35:36 PM
Airdrops to my own understanding is done for marketing purposes. That I assume many projects do and that's why you get something that worths nothing from them. But some projects use it as a means of its distribution since maybe they will no be having any sales.
Sometime when airdrop that no sale, they distribute airdrops to make bigger volume in market that they listed. But it is only my assume, because actually i don't know how they can be listed in market because we know it is not free.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: EL-NIDO on June 01, 2019, 05:00:48 PM
It is a kind of marketing tool to attract potential investors and to be known more in the cryptocurrency market. But personally I am not participating in any airdrops because most of them are not worth it.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Wyndesam on June 01, 2019, 05:17:09 PM
Previously, airdrop worked very well in the market , now it is impossible to attract anyone in this way , before it lured a lot of investors for the ico.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: wumBowo on June 01, 2019, 05:19:23 PM
simply it's about to create an awareness and sometimes it's such a grateful act to the community.
But yeah on the airdrops theres a good and theres a bad one.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: m.rifki on June 01, 2019, 05:22:52 PM
simply it's about to create an awareness and sometimes it's such a grateful act to the community.
But yeah on the airdrops theres a good and theres a bad one.
it all depends on the ability of the project. where if they make good progress and are accepted by the market, I think they will still have value. but most of the airdrop have very little value. maybe the most popular now is airdrop done by a new exchange or a new collaboration event with a new project.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: wumBowo on June 01, 2019, 06:19:43 PM
~~
it all depends on the ability of the project.

that's why i said either there's a good and a bad one, and your statement above already explained a little bit about it


Title: Re: can someone explain to me the motive behind airdrops?
Post by: kanmo on June 01, 2019, 06:54:15 PM
I think some developers decide to do airdrop because they want to create awareness for their coin while some greedy developer do airdrop so that they can dump it on exchange and make some fast money.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: flash101k on June 01, 2019, 06:57:23 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
Airdrop programs help developers promote their projects or platforms to potential investors. Projects with a platform that attracts many users will attract many potential investors to help the project become better and increase. Building communities through Airdrop makes it more popular.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Evrolina on June 01, 2019, 07:00:23 PM
Most of the time,airdrop is conducted to reach out to many at a time in order to have large community,it can also help to have many wallet holding the coin at a time.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: elpiji on June 01, 2019, 07:11:02 PM
this is part of marketing to attract investors and want to have a large community, this way for 2018-2019 is quite unsuccessful so most of the airdrop only becomes shitcoin


Title: Re: can someone explain to me the motive behind airdrops?
Post by: asder250 on June 01, 2019, 07:17:29 PM
Everyone wants free money and people that are not in rhe market for a time believe that these money are real. But they do not understand expected value and real value.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: cliber on June 01, 2019, 07:56:45 PM
It's better not to dispute the Airdrop program, let alone the developer in managing and discussing the number of tokens. In my opinion, this is purely their policy. If we don't want to waste time, it's better not to participate in Airdrop. This is only my advice.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Redemption59 on June 01, 2019, 08:08:48 PM
Airdrop is a more advanced way of marketing or advertising a project to the mass. It has always been a strategy by most project managers in terms of advertising and they end up giving few tokens which are worth nothing to trade making airdrop participants less privileged. Airdrop in a way is really a good source of advertising just that most times, the tokens shared are not worth it to prevent dumping when tokens hit exchanges.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Stargazer on June 01, 2019, 08:23:36 PM
Who does this, they are not professional and everyone should avoid those shitty project. Airdrop is a good way to attract crypto people on the project, sometimes only Airdrop hype can make a project successful! We have many proofs of it. I don't think those people are real developers who give 1$ worth token as an Airdrop! And you may look at their success ratio! Most of them fail miserably!


Title: Re: can someone explain to me the motive behind airdrops?
Post by: wdnj on June 01, 2019, 08:30:31 PM
AIRDROPS GIVE MONEY TO PARTICIPANTS which will give the team and the project...

POPULARITY...
gain more followers on their social media pages.
get more members on their telegram group.
this will call more attentions from investors.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: seleme on June 01, 2019, 09:04:47 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
Airdrop programs help developers promote their projects or platforms to potential investors. Projects with a platform that attracts many users will attract many potential investors to help the project become better and increase. Building communities through Airdrop makes it more popular.
That evidence does not explain well the motive behind recent airdrops, it is more centralized around the making money than increasing awareness in my opinion. More than half of the current ongoing airdrops focused to create base conditions for pump-dump.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: superscommessebitcoin on June 01, 2019, 09:35:00 PM
Airdrop is a simple form of bounty. Bounty is a marketing program that is necessary to attract customers to the project and to distribute it. Airdrop was created for this purpose.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: asyakashi on June 01, 2019, 09:35:43 PM
Airdrop is a gift for the community. anyone likes gifts even if it's only $ 20.
the goal is to introduce their platform and invite them to use their platform.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: ljane on June 01, 2019, 09:51:08 PM
I think airdrops create a platform for people to advertise their projects. It also gives the participants money and make the project team gain popularity and lot of followers on social media.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: irixo10 on June 01, 2019, 11:14:10 PM
The true Motive was simple which is to help and upcoming project to gain the right attention and investors. Going memory lane from the onset airdrops were always much or of tangible value, which community members get for promoting their platform, but nowadays it looks like another thing or rather a medium where Devs or team uses community members to achieve their aim while paying them peanuts.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Chomsy on June 02, 2019, 02:05:04 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
It's a bad marketing strategy in my opinion.

Let's say if they sent 1m token to 50k addresses then maybe almost 50k peoples will know about the project and those 50k peoples will probably look for the price and will also try to learn more about that project.

Maybe some peoples will convert and will do promotional works (bounty) for them to earn more of those tokens. And from promotion, they may get investors to get funded up their project.

They send such low amount because they don't want peoples to dump the tokens when they will list the token in exchange. It's just a marketing startegy imo, and win win thing for them.


A very bad marketing strategy if I may say. Rather than the airdrops, it's better to engage the funds in bounty which is more effective. They are just encouraging farming with that.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Ochakemaput on June 02, 2019, 02:13:09 PM
A very bad marketing strategy if I may say. Rather than the airdrops, it's better to engage the funds in bounty which is more effective. They are just encouraging farming with that.
even in the bounty campaign there is no money we invest. like joining Airdrop, most of us also told us to deposit some of our money. after all we can no longer trust any project.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: skivrmt on June 02, 2019, 02:13:47 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
I think that it's made as a part of marketing strategy. But I don't consider airdrops as an effective advertisement. It may have some effect but bounties are more worthy all way.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: meldrio1 on June 02, 2019, 02:33:30 PM
well it's a way of marketing strategy to promote their project and this will attract investors, but I don't know if this is effective.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Christinebeauty on June 02, 2019, 02:38:05 PM
Funny enough, most airdrops these days require users to undergo KYC before distributing those peanuts to them. Some people are just airdrop gurus so no matter how meagre the amount is, they will still do it.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: rachman mahesa on June 02, 2019, 02:45:07 PM
Funny enough, most airdrops these days require users to undergo KYC before distributing those peanuts to them. Some people are just airdrop gurus so no matter how meagre the amount is, they will still do it.
If I have to do KYC I think it's better not to participate in the airdrop. Because in my opinion it is not comparable that we get to do Kyc only airdrop. I often leave this matter and don't want to participate in airdrop that has to do kyc.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: jacafbiz on June 02, 2019, 03:18:35 PM
If not that the whole concept in the space has been abused, most early projects in the space started with Airdrops, even there was a time I read that some people airdrop BTC. Airdrops is to build a strong community around a project but what we see now is that soem people get this token today and dump it on the exchange thesame day, it hurt the developer alot


Title: Re: can someone explain to me the motive behind airdrops?
Post by: aemma on June 02, 2019, 07:35:04 PM
In simple terms airdrops are a strategy embraced by project team to award or reward interested members in promoting their project.
Initially airdrops weren't of little worth or tasking, but as time goes on or rather recently, it is now so tasking with some even demanding kyc, which then limit airdrops value or members having the mindset to do it.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: spydee1522 on June 02, 2019, 10:31:50 PM
Airdrop is an advertising strategy for project managers and bounty managers. It markets a project to the general public freely and easily. Projects that do conduct airdrops get the chance to spread their project information even to investors who then take upon themselves to research on the project before investing. Apart from the advertising aspect, it also grants airdrop participants the chance to trade their token which mostly increases the volume of the token.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Oilacris on June 02, 2019, 10:38:06 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

If you do know on why airdrops are being created on the very first place then you wont really say such thing. Airdrops? Its been part of
the marketing you know and its not just simply giving out free token/money to anyone that can easily be cashed out on exchangers if that coin
do have a value but well just dont stress up yourself because most airdropped coins or projects do end up without any value at all.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: starblocks on June 06, 2019, 11:57:28 PM
Airdrops are ideal for anyone who is interested in participating in a free giveaway and some only require you to complete very basic tasks to receive a reward, and these promotions are designed to help a startup expand its initial customer base, social media presence and token distribution


Title: Re: can someone explain to me the motive behind airdrops?
Post by: arifteguhr on June 07, 2019, 12:07:33 AM
Promoting the program extensively on social media and to add to their community. because every project requires following their official and also joining the telegram so that it will indeed add to their community. this is a quite effective way to increase followers and introduce to many people


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Lexurdania on June 07, 2019, 12:56:45 AM
Promoting the program extensively on social media and to add to their community. because every project requires following their official and also joining the telegram so that it will indeed add to their community. this is a quite effective way to increase followers and introduce to many people

Indeed, with airdrop, developers team want to expand their community. More peoples join in their community, its more good for their ecosystem and if new people interesting to invest, it will increase on their daily transaction volume


Title: Re: can someone explain to me the motive behind airdrops?
Post by: tabas on June 07, 2019, 01:15:02 AM
That's the catch, they will send you a very tiny amount of their tokens so that if you see the value of it grows you will be forced to buy more of it so that you can deposit it to any exchange and start trading with it. They basically send you those tokens as part of their marketing, there's no other intention of that, it's pure marketing.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Coroline on June 07, 2019, 01:53:41 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
it is a strategy that they distribute airdrop to many users even though it is given not how much they just want to attract people's attention that their project is well known to people


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Chicky213 on June 13, 2019, 05:56:00 PM
I also wonder same, I believe the airdrop is needed to create massive awareness for the projects and also promote their social media handles. However, the reward issued to the participants isn't encouraging at all. People receive like 1$ or 2$ as reward which is worthless cause it cannot even be withdrawn from an exchange after managing to trade the coin.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: bitcoindusts on June 13, 2019, 06:01:42 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
Let’s not forget that reason they do it for their own benefit and not the participators. Why would they care if participants get only cents from the tasks they ask them to do? Participants should think, calculate how much they could get and the time and effort they need to give and its up to them if it is worth it then let them be if not let them not. Airdrop is promotion.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: odukoyaewatomi27 on June 13, 2019, 11:08:20 PM
I really do not like to participate in airdrop because most of these airdrops are worthless and the ones that are not worth less are just to rob the public of their data and privacy. But if I see airdrops of very good projects then I will participate and HODL the tokens long term.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Seth2009 on June 13, 2019, 11:45:22 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
It's a bad marketing strategy in my opinion.

Let's say if they sent 1m token to 50k addresses then maybe almost 50k peoples will know about the project and those 50k peoples will probably look for the price and will also try to learn more about that project.

Maybe some peoples will convert and will do promotional works (bounty) for them to earn more of those tokens. And from promotion, they may get investors to get funded up their project.

They send such low amount because they don't want peoples to dump the tokens when they will list the token in exchange. It's just a marketing startegy imo, and win win thing for them.


Airdrop is another way to attract and to spread information of the projects... For the dev team it is the easiest way to promote their platforms.... Some airdrops really worth it like last 2017..almost airdrops that time really gave profits..but today aside from giving small amount of tokens they gave it too long after ended.. Its already a waste of time and efforts.. And now some airdrops are scam or just making more followers for they social media accts...


Title: Re: can someone explain to me the motive behind airdrops?
Post by: mammoniter on June 14, 2019, 12:02:04 AM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

I think the main purpose of airdrops is publicity. Its like a free taste in a supermarket wherein you will decide to buy the product if it taste good. Just like in crypto, they will use airdrops and when you think the coin has a potential, you will be attracted to buy more during their presale. Its all about marketing strategy.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: khimer_rangers on June 14, 2019, 02:58:42 AM
I think Airdrop is no more a strategy than promotion and growing their community, they always send a small portion and they don't want you to sell it but hoping you will buy more, when we join airdrop, we know directly about the project.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Ferris419 on June 22, 2019, 11:09:22 PM
Airdrop is a very good way to promote a project. Sometimes it does better than bounties! Airdrops like Hydro, Rebellious, NOBS Crypto made a huge buzz and hype and those Airdrop coins still have a better volume than many big successful ICO project. t this moment project arrange airdrop to get an active member on the community and it is really a good way to make a positive vibe for the investors! Everything has a good and bad side, Here I am talking about the good Airdrops!


Title: Re: can someone explain to me the motive behind airdrops?
Post by: mr_random on June 22, 2019, 11:59:20 PM
Airdrops are useless unless you have a deeper connection with the team. It does not worth time to fill the airdrop form and expect someone will send your reward. I prefer to be a part of the bounty campaigns, airdrops are not my interest.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: styca on June 23, 2019, 05:24:55 AM
The point of airdrops is promotion of the new project. They give out a small quantity to as many people as they can, in the hope that some of them will start talking about it and maybe some will get interested enough to buy some as well. I'm not sure how effective it is, but that is surely the aim.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: Turk Ace on June 23, 2019, 03:02:02 PM
If the airdrop is for a project that has a use for its token/coin then it is worth doing since you can test out their system and see if it comes to your standards and if thigns work as they say it does. With an airdrop you can try all this for free, you can then decide whether to proceed with further purchases of the currency or not.


Title: Re: can someone explain to me the motive behind airdrops?
Post by: carrie_white on June 23, 2019, 04:06:08 PM
airdrop is a strategy to introduce new coins by sharing them for free, of course I cannot be denied that the coins distributed free of charge will attract people's attention, and the goal is for those people to be interested in knowing what the airdrop coin project is


Title: Re: can someone explain to me the motive behind airdrops?
Post by: coinswebid on June 23, 2019, 04:12:22 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

simple, airdrop is a part of strategy to spread the word for any cryptocurrency project
because all airdrop participants will always promote their airdrop tokens or coins. so, they can sell it in good price
thats my opinion


Title: Re: can someone explain to me the motive behind airdrops?
Post by: armanhusni on June 23, 2019, 04:14:07 PM
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

airdrop is one of the strategies in a project to get followers, subcribber, visitors on various social media they have ... and they make airdrop a part of a marketing strategy to promote and make their project viral on social media ... even though they have to spend a lot Tokens for a number of airdrop participants ... but when the process of distributing extremely worthless tokens received by airdrop participants ... because of the number of participants and the amount of token allocation equal to the amount ...