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Airdrops are a waste of time ...here is the proof ...best way is to leave the coin / token grow naturally ...
https://stellar.expert/explorer/public/asset/TACA-GDEDZ7GXTLA7I5IG7ZAAJW7VTLM7IWQIQM4NEQTZTWDTJRFYACO3TDKC?filter=offers
https://i.ibb.co/QfnPfz3/Screenshot-from-2021-10-26-18-17-57.png

I hope airdrop hunters get the point  ;D
https://i.ibb.co/LCHvBK2/Screenshot-from-2021-10-26-20-25-01.png

Airdrops are actually waste of time, but not only a waste of time, but also waste of energy devoted to it. Although, I noticed newbies are the ones that prefer airdrops, they do it for sometimes and leave.

The worst part about airdrops is scam. Scammers are still making use of free giveaways. Some scammers will request for VIP fee to be paid to certain address before releasing the airdrops, the victim will pay but the scammers will not release any airdrop coin and the victim is scammed.

Another airdrop scam is for the victim to pay certain amount of money and the scammers will promise to double it. Who does that? The victim will pay and the scammers will have an exit scam.

Another scam is phishing attack, this is done by providing your personal information like email to receive an airdrop coin. Funny it will be if no coin is given and yet your information is given to them (scammers) which can be used to send phishing emails to you. The person will receive the email that will be linked to malware download or that will bring up space to fill in your seed phrase, the leading to scam if the seed phrase is provided.

That is my token  ;D ... had to drop the price to low as possible to get rid of the "weeds" ... from airdrop campaign ...now i will raise price again ...and let it go naturally ... demand and supply ...

Well the worth that those airdrops have, even more fee is required to transfer them to an exchange, so airdops are completely useless because of this

Airdrops are supposed to be free tokens, correct?  The scenarios you described above sound like they'd only be taken advantage of by people who are completely ignorant of what airdrops are. 

Honestly, I don't know how they work because I've never participated in any of them.  I remember they used to be really hot back in 2018 or thereabouts, and the forum used to have what seemed like endless threads devoted to them--and then it just dropped off a cliff.  Can someone explain what the screenshot in OP's post is showing?  In particular, I don't know what "removed trustline" means.

I see it also that it is a waste of time. Back in 2017 when it was ICO and airdrop craze just like a new stuff that came into town , most members did sign ups but having realized that they weren't getting the promises in delivering or getting worthless coin and not listed. ICO is the umbrella body for airdrop and now that it is glaring to everyone that it is exit scam (most), the airdrop craze too has dropped only newbies looking desperate go after the shit promise but come to express regret.

I guess I need to agree with you because I am not seeing any of coins/tokens are sustaining with initial airdrop.

Random airdrop to everyone --> will definitely fail.

Airdrop to deserved people/wallet --> may sustain if everything else works.

The first airdrop I have participated/ got qualified was Clam coins. They airdropped clam coins to all the holders of BTC, LTC and Doge coin holders based on number of addys. Clam was a POS coin but it seemed no one was interested to hold and stake.

Then I have seen BCH fork and their free coins to all BTC holders based on amount of BTC. It got failed or failing due to faketoshi reasons.

If you ask me, no altcoin may sustain.

If you asked what was the best altcoin some 5 years back then I would have answered like LTC but people will say Ethereum and I am sure in next 5 years people will say something new.

Altcoins themselves are not sustaining and airdrops alone not a reason IMO.

Based of on screenshots specially that on memo text area then it do indirectly showing off or telling that airdrops are shit and supposed to treat of that on
manner which is actually true.I had several experiences on joining those airdrops and you are right that it is way back in 2017-2018 where those airdrops
are really making out some noise in the market on which they are totally free and been given without any strings attached which unlike now that
they are even asking for some verification and some money for passing those shitty tokens.

It's no longer 2017, that time every airdrop was worth like hundreds or even thousands of dollars. But in 2018 and onwards projects and bounty hunters themselves are to blame for putting a bad reputation on airdrops. So I guess the OP just put up another proof here, but majority of us here doesn't do any airdrops anymore because you are just wasting your time, plus there are scammers asking for you to deposit first before getting any airdrops and then they require KYC too, Lol.

Not all airdrops are a waste of time. There are also some worthy airdrops. Do you participate in UNI, BIRB and LunaLand airdrops? These are the examples of some worthy airdrops. But it is hard to find the worthy airdrops.

Yes. There was someone that introduced me to a group on Telegram when I was newbie, the group was all about airdrops. The daily updates of new airdrops made it suspicious, I joined with thinking of not to provide kyc or email if required, no email required but I was told to pay VIP fee. I researched further to know it could result to scam. Also during the time I knew about how some airdrops would request for email (and maybe people's personal information also). Many phishing email will definitely be as a result of this while the attacker knows that newbies/novices like airdrops and that they can easily be a victim of phishing attack.

Because Stellar Lumen (XLM) address starts form G, I started to guess that token above (TacaliCoin shortened as TACA) is a token built on XLM blockchain which is distributed as airdrop. But I do not also understand about the 'remove trustline'.

But we should be careful of airdrops, some can be profitable but some can also directly or indirectly lead to scam, but few experienced bounty hunters knows how to avoid such scams while newbies are susceptible.

While I have never participated in an "airdrop" of any kind, it seems very ignorant to claim that they have never worked or will never work again in future. The whole basis of it is to get a new altcoin currency into the market as a starting point for circulation. I would not pay money for this type of promotion, but if you're able to get it for free then it's probably worth taking if little other efforts are involved. You're highly unlikely to get rich from such activities but most people might be happy of one out of a thousand managed to give you a few hundred bucks, unfortunately few people are willing to hold on to the cryptocurrencies long enough to see a decent return - if they ever do take off. Just look at Dogecoin - it used to be given away in the tens and hundreds of thousands as a joke, then those amounts became worth thousands of dollars.

People are still thinking if airdrops are worth it since to them it's just free money and who knows if someday it'll become hundreds to thousands. The experience of others makes them optimistic about airdrops because they wouldn't know if it's going to click or not.
I don't waste my time in airdrops and they're just a couple of sent and what's worse is that they'll ask your identity for those pennies.

Airdrop might be a waste of time for you  @OP but not for many that are just getting introduced into the crypto space. And moreover, some projects but very few still stay reasonable amount as airdrop. I recently got selected for a pay of over $70 as airdrop.

I agree with you, a few airdrops are worthy. Unfortunately, they are difficult to find, and most airdrops just give us cents or scams. I only join airdrops that are provided by good crypto platforms. We can know it is good or not from many aspects, one of them may be from his partnership. I ever joined TKO airdrop, TKO is Tokocrypto coin. Tokocrypto has a partnership with Binance. There are many people who get big money from the airdrops, I think you ever heard it. It is one of the real examples of a worthy airdrop.

I was originally an airdrop follower and even always did whatever it took to get and find a good airdrop.
but the longer I get bored, my time and energy is wasted here.
indeed until now there are still some airdrops that are definitely good but the comparison is too big, maybe even 1:10 or maybe 1:100 because this airdrop is very vulnerable to scams.
I don't really follow the development of airdrops anymore because I think the results are still the same, it's useless because we have to be really lucky and really look for good airdrops

Yes, the worst part of the airdrop is the scam. Scammers are still taking advantage of the free bonus. Most newbies like to do aridrop but it's really just a very small value compared to what they imagine and I don't think it will be worth it. great value in the future. some scammers take advantage of airdrops to promote projects to new people they are willing to share and heavily advertise a project with airdop that has no value at all. On the contrary there are some very high value aridrops recently I airdrop from EGG Dusk initially the airdrop is only worth 25$ 1 egg but later the value is x 100 including x150 I don't completely deny the airdrops are all worthless value.

Airdrops are worthless in the first place. They put some (fake) proof of transaction just for sake of market attraction but this never works definitely for us. Maybe for those greedy people and newcomers but not us who are aware of such a strategy.

I hope also but can't stop them if they want. They soon just realize their wrongdoings after and have learned from them when they experience. It was a common scenario that we saw/hear and it always comes in the end.

Nah, you must be just lucky to receive that but majority of these airdrops are shit tokens which is stuck in your wallet forever. It's a total waste of time imo since you are more likely searching a needle on a haystack and I bet someone must be asking you to join in a telegram or discord for future airdrop but most of them are totally useless unless if they have an existing project that they continue to work. In addition, scammers nowadays are asking deposit first before releasing the airdrop which is not that worthy much and could lead to a scam. So avoid them if you care for your money.

Yes really waste time with airdrop. It created a lot of negativity in this market, I once talked to the moderator of a project about how their airdrop is very wasteful and damaging to the project, but they still accept it :)
There are some perfect value creation cases and I see real value in that, but we still have to acknowledge the fact that the waste is huge for airdrops. However, this is still considered a good idea for projects to attract users to them, and many assholes have abused it to turn the airdrop into bullshit. Free money will only be considered as free money.

Well, Airdrops are something that companies do to spread their name but pretty much people can easily take advantage of it, and heck those companies don't even properly plan out their road map after the airdrop, which inevitably makes those tokens they released worthless. There are some airdrops out there that are good but they're pretty rare. It's pretty close to a one in a million chance imo. Worth the time? Maybe, but it depends on what you're actually spending your time with. If you're not doing anything, I guess doing some airdrops here and there is fine and all but honestly, you're probably better off doing something else.

There are many sides to the issue of airdrop, but it is now largely reduced to free tokens or free money, unfortunately. That's why it has now become a thing for newbies or hunters. Actually, I wouldn't say 100% of airdrops are not worth it. But it's definitely around 99.9%, primarily because of how toxic the crypto market has grown.

There used to be a time when projects use airdrop as a legit way to achieve wide distribution of tokens. The wider the token distribution is, the wider the network, the better. Moreover, there were also airdropped coins that have achieved significant success. But, again, you need to waste your precious time in order to find that needle in a haystack.


What do you mean your token? Your creation or your gathered tokens from participating in the airdrop? If it's the former, I'm afraid you have too much control over it when you said you could drop the price low and also raise it high afterwards. It cannot go naturally from that point.

I still don't get it why there are still many people interested or even spending time even if they are not getting paid or being scammed by those airdrop company.

it looks like they are getting use of being a victim than spending their precious time in more appropriate and usable time.

or maybe their time is not really precious so they can spend in pointless and worthless things like airdrops .

I once got a valuable airdrop years ago on WAVES platform I remember the token "MERCURY" which I also sold early. It's free and with about 10,000 tokens for $0.08 price I guess that's good enough to have something from free tokens.

Today it's hard to find an airdrop that is really backed by a team. Most of them are just scams asking for your email and data. Airdrops also will not work to start an ecosystem, everybody will just dump it all.

Well... yeah, "that kind of proof". The airdrop is just a factor of many on how a token or coin will perform. They certainly create awareness and encourage people to open a wallet. Also they tend to create liquidity, admittedly sometimes the wrong kind of liquidity. However there is so much more to that to a successful project that stating that airdrops, in general, do not work would require a much in depth analysis.

Yes, it is a free token, and If there are people who actually pay for the airdrops, then I can say they're the dumbest of the dumbest person in the world. Otherwise it isn't called airdrop when you're paying for it.
The most common scenario for an airdrop scam is the phishing attack through email or personal messages.
Scammers would request you to either log-in to your exchange wallet (phishing website) or input your private keys into a phishing website.

Yes, you are correct, and to me, it's just "Meh." But, since 2015-2016, I believe there have been only a few airdrops (mostly to circulate and also to allow them to test their coin). At the time, a few airdrops were announced, and my friends and I wondered why they were giving money. I said this is garbage, but we tried it anyway, and lo and behold, we made money out of garbage! We were astonished at the time and decided to participate in airdrops, but they turned out to be a scam later on. There are also the newest it was FOX coin think which i earn from it.

Yes right, airdrops are just a waste of time, I often participate in airdrops programs on various sites and also coinmarketcap airdrops, and when I see an opportunity to become a winner it is very difficult, look at coinmarketcap airdrop, winners are only 1000 while participants reach 100,000 and this is a big advantage for airdrop providers .

Airdrop should only be trusted when it is almost closely linked to the recent coinmarketcap.  Some of my friends are quite interested in airdrops in their spare time except me.  I don't love the airdrop, the last time I just participated in the whitelist of the pool ido for the community.  Lol

You can try a few!

https://coinmarketcap.com/airdrop/ (https://coinmarketcap.com/airdrop/)

Back in 2017 airdrop use to worth something, I remember someone I know got airdrop worth $500 and more, the likes of uniswap airdrop worth thousands as well, it is true that majority of airdrop are worthless and waste of time but in few times there are some that worth it,
For those who got the 100 twt airdrop from Binance and hold, that should be above $100 which is not bad. I have since stop wasting my time in airdrop.

This is surprising that still, people are joining Airdrop to get paid where it is almost absent. The successful projects only pay the airdrop hunters for their contribution or efforts to their projects. But maximum projects didn't pay and some of them just pay which has no value in real life. This does not work for me and I believe that it won't work for others too and the time is almost a waste to me.

Airdrops are currently only used by devs. to get large twitter and telegram social media participants with very small capital, for devs. Of course it is very profitable to make investors believe in the project, but for participants it is of course just a waste of time because the competition to become a winner is very tight even with a percentage of 1:1000 or more.

It's almost free advertisement for developers, although people don't seem to bother promoting these crypto currencies for free, as even the tiniest possibility of making some profit from the airdrop is worthful for them. I've already thought about joining some of those airdrops, but the fact it's not possible to know how much participants are going to be paid to execute the asked tasks made me give up on engaging with them.

I've followed airdrops and the results were disappointing, just a waste of time and filling groups on telegram, and now prefer to follow bounties on this forum, airdrops are no longer appropriate and are only a means of finding followers on telegram, twitter or other social media for developers.

Many years ago, when nobody had heard about airdrops before, I was "invited" to the one Decred was going to launch. I was totally new to this field and I didn't have the patience to hold; I haven't calculated neither how much would it cost nowadays, but many thousands of bucks I suppose. When it was delivered, I sold the coins that came out of thin air for way more than $1.000, which was big money for me.

Back in 2017 (and 2018?) there was the boom of airdrops, and many of them were quite profitable, but then everything went down with the bear market, and a flood of worthless airdrops appeared one day after the other, the worst of them asking for little payments in order to get in or even worse: for personal data.

Nowadays I suppose that there will still be a few profitable airdrops, but I don't have the time to research nor the patience to fail in most of them in order to find one of the good ones. The easy opportunity was years ago, I guess.

Back in the past that it wasnt really that totally worthless compared on now where most projects are totally shit or not relevant anymore.Going back

on where you could at least find one or two projects which are good for you to engage on but basing up on the numbers that you are seeing then

it would really be hard to determine which is good and which is bad.Also, surprisingly that there are still people who do still get engage with airdrops
despite of the condition.

Usually they ask to fulfill about 5 to 6 tasks, but the payment is always small, I've done several airdrops here on the forum and few of them went over 1 dollar, and it's very difficult to find any that compensate.

Yes that is true, airdrops are mostly a waste of time because there are many people that usually participate in it. The companies that are hosting these airdrops will not be able to give out the coins to everyone that participated in the air drop, so all they’re going to do is to just give out to a few of them and then the rest will go empty handed.

So, it’s usually a thing of being lucky, and if not you’re just not going to gain anything after your time and hard work that you have dedicated to it. So, if you’re not ready for that, it is always best to just look for something else to do,than work really hard and at the end you are getting nothing.

I second the motion of airdrop being a waste of time

But on the other side, it's not if...

You joined a campaign in which you can earn an Altcoin there if you entered for a campaign there you will want to enter the airdrop to add it on those earn coins campaigns.

If you invest in the ICO and likely you want to add some value on the that its clear airdrop but likely you'll get it when that campaign is over. it's really good if you invest before the campaign.

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Also, I Second the motion saying that it is a waste of time when you do enter on every ICO's airdrop why? and not its bounty campaign.

for example that airdrop you earned you want to get it if found out that the value is lower and the fee you got is much higher so clearly it's a waste of time.

Aidrop is just a free coin token and we can't do much for aidrop tokens so we'll just spend time there, so let's just forget about aidrop and we're just hunting for bounty

I never joined the airdrop program because I didn't like it. right as the OP said, airdrops are just a waste of time and sometimes the results are not worth the effort that has been put in, such as having to KYC and some asking for a small payment first in order to get airdrop tokens. okay, it's okay if you just lose time and a little money, but what if there is phishing that ends up making the loss even worse.

If I understand this correctly, they have distributed the airdrop, and the "supposed HODLers" have just sold everything and dumped the price?

You could look at it in two ways on who was successful

• Bounty Hunters were successful
• Project was successful

So for the bounty hunters, they have managed to dump and become more prosperous because of the airdrop, and they never lost anything but their time doing the supposed tasks to spread the project's word. I don't think the project lost value with that; it's temporary, like almost all those tokens that airdropped.

The project is still successful either way that they manage to make their promise. It's not that it's not going to work; they are just late to the supposed target date. Maybe that's just the part of their roadmap to distribute those tokens freely, but it doesn't mean it didn't work. I think it's all about marketing on their part.

I used to participate in plenty of airdrops and actually, it is really difficult to track all airdrops and I haven't learned how to find out if you win something or not. I also think that it is a waste of time since I didn't earn anything, although I completed plenty of useless tasks such as retweet, subscription etc. I don't really know how this system works.

Not all of them are also dead, because among the many Airdrops that sometimes become scams there are also very good ones and deserve you to hunt, and this is also almost the same as bounty hunting which sometimes can also be a scam in the end.

They work but only for the project doing it. This people use the hunters to get free promotion then they send them worthless tokens and if they want to pay real money, they pay the hunters Penny. Instead if wanting your time online doing free promo for projects making them multi billion dollars company, why not use that time to improve on yourself.

You can take classes to become a better trader or investor etc, learn how to take control of your emotions to avoid it influencing your investment decision or better still educate yourself more on the subject Bitcoin and blockchain.

I totally agree with you here and i for myself have given up on joining airdrops a long time except for a very few times, where i thought that project could really have a future. The main reason why i stopped joining airdrops is quite simple, it is just not worth the time and effort. They don't even deserve to be called airdrops because you have to do something for it. You have to join Telegram, you have to follow their Twitter, make a retweet and so on. For a real airdrop all that is needed should be your wallet address.

The era of earning decently in airdropping has gone for good any participating now bounty hunter filling airdrop now is just a waste of time, even the credible ones available when the token is eventually listed the value wouldn't be reasonable for the time and efforts.
Hunters should channel their efforts to other profitable means of earning cryptos like staking, social media campaigns etc and ignore airdropping except otherwise.

Most of these airdrops are scam, a waste of time and effort. But its free, the reason why some users particularly newbies are getting interested and hoping to have a free tokens/coins after following the steps.

But there are clearly scam airdrops asking for deposits before you'll become eligible, its unfortunate that many people are ending up losing their money for believing.

Currently the popularity is not the same as before and I think people are aware now that its not reliable to get free money. Because even you get the chance to receive their tokens, most likely its just a shitcoin.

You have to be more thorough. Some people have given up on airdrops. But I proved myself if it was a successful project. Then we will get a big profit just by following their airdrop. I've tried it a few times.

After many years of researching this market I have received several airdrops that can be said to be very large. But I don't need to do much, just pay customers and they reward me. Take the time to research something else rather than wasting time sharing content on social networking sites and waiting for the money to come :) .

YES...... and NO..

This is a very subjective topic because not all experienced the same thing :). OP experienced the good side of airdrops and got profit from it. Not all airdrop hunters have the same experience as him and TBH, my estimation is that more than 90% of the airdrops turned out to be either useless, a dead coin or an abandoned project.

I still remember Uniswap, which started as an airdrop and now it is one of the top DEX'es already. Lucky for those who got UNI tokens from airdrop and held it because they got 100% profit :). As for me, I didn't get the opportunity to earn thru airdrops.

IMO, I believe not all airdrop is just wasted, what I believe is it depends on what purpose of that airdrop, the OP was presented a stellar based token, I can say that there's a good airdrop out there in the Stellar network like the Aqua Network (Aqua) the Airdrop was created to add more Liquidity to XLM Network and they give it for free in all Stellar DEx users the distribution claim was monthly and because I was using stellar DEx before I was qualified and claim 4884 Aqua tokens monthly from August -December the Aqua token price was stabilized at $0.0049 per/Aqua so not bad at all. and with that current price if you sell it you can claim $27 of free money monthly in 5 month period by doing nothing.

Many working platforms have done it without hurting the price of their token just because of the airdrop, like UNI of Uniswap, LON of TokenLon, DYDX of DYDX, Inch, and some others I have received some of this airdrop they don't need to manipulate and lowered the price just to rid off the weeds just look at them now. if you have confidence in your project it will grow naturally even with or without airdrops. just saying!

The "golden" times for airdrops are already long gone. In 2017 - 2018, you could make some nice amount of money  with the airdrops. Nowadays, 99.9% is useless or scam, but some are still interesting. Remember the airdrop that uniswap did a couple of months ago; they gave 400 UNI (now worth 10,000$) if you used their platform once.

Airdrops are different from the airdrops that I have participated in from 2016-2018, at that time we only did simple things such as following social media, joining discord, making posts on social media and filling out the form containing the wallet address then we would get coins or tokens, but right now to get $5 it takes luck because airdrops participants can be hundreds of thousands.

Yes, it seems that 2016-2018 was the heyday of aidrop and bounties, I remember that time when developers did a countdown of their project's airdrop launch, only a few minutes participants had reached the quota of the airdrop, I personally got the project several times airdrops that actually make quite a lot of money.
But now most of the airdrops only end in scams and there are rarely airdrops that pay for the participants, unless we take part in an airdrop on an exchange, of course, we will most likely get a profit, but of course there are special conditions that apply if you want to participate in the airdrop.

The result of the hunt is decreasing markedly every year as the marketing system as well as the project has cut costs to optimize more in terms of technology and human resources, compensating for the fun of the airdrop are question-answering activities and live seminars between partners, rewards only for those who deserve it. Perhaps future vacancies will not have room for airdrops, it accelerates project destruction too quickly, quality will be enhanced by safer and more useful methods

99% of the time airdrop is a helluva waste of time, but 1% of the time, you hot a jackpot. And some airdrop hunters live for that 1% all their life. In my days as active airdrop hunter, I got Hydro, Polymath and Uniswap airdrops. These combined gave in their ATH gave around $5000 give and take. So there you go. It's a low effort exercise, so there's nothing to lose

The mistake was to put too much hope in the work from Airdrop. Meanwhile, it is just something that sometimes gives profit and vice versa. There's nothing wrong with Airdrops because there are still many Airdrops out there that actually pay, maybe 1000 :1, although not in huge profits.

Therefore, if Airdrop is felt to be a waste of time, then no one is forcing you to do it.
The Airdrop concept is a free token, and if you are required to pay it means it is against the rules and immediately leaves.

I think it's wrong to expect a lot more payments from airdrops. If you want to participate in airdrops you can, if you do not want to participate in airdrops then you don't. If you get payment from any airdrops, consider yourself lucky.  Not all airdrops are a waste of time. There are some worthy airdrops but you have to be lucky enough for those.

I mean I never heard of somebody like "check it out guys, I earned a lot in this free airdrops". Especially in the middle of this pandemic where people are into money right now, these are pretty much just going to go south almost always. If it wants you to go through a lot of stuff like share, tweet or the worst, sign up, then it is probably a scam.
I don't believe in such free money giveaway anyways.

Though don't like airdrop but sometimes it worth doing, because have done some that is rewarding, so to me Airdrop worthiness is base on the project the airdrop is coming from, so will not castigate it.  But sincerely they are frustrating sometimes.