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Author Topic: How does an airdropped coin get's its value?  (Read 1179 times)
flo123
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July 08, 2017, 11:24:50 AM
 #1

I am just curious, how an airdropped coin actually gets it's value. ICO's in contrast are packed by ETH or BTC, but an airdropped coin - out of the sky - doesn't have any value at first.

What if i.e. an airline would airdrop frequent flyer miles, then they would also have to pack it by something - in their case the promise to get a free flight. But since the airline didn't get / didn't sell anything in the first place (nor did they opt in for an ICO in that example) and actually handed out those miles for free via an air drop event, it would lose out when all people then would try to redeem their free airdropped miles.

So how would an airdrop then work in that case? How does it have to be structured that it's a win win situation for both parties involved.
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July 08, 2017, 12:04:15 PM
 #2

I am just curious, how an airdropped coin actually gets it's value. ICO's in contrast are packed by ETH or BTC,
in case you mean "back" not pack then no you are wrong, the ICOs are not backed by anything. you just buy ETH tokens and in rare cases use your bitcoins to invest in them. that doesn't mean they are backing anything!

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but an airdropped coin - out of the sky - doesn't have any value at first.
anything that comes out at first doesn't have any value. then it gains value based on its supply and the demand for that supply.
airdrop is just one of many methods of distributing that supply.

most coins use mining, some use airdrops, some use rewards in POS, and possibly other ways too.

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July 08, 2017, 12:46:22 PM
 #3

I am just curious, how an airdropped coin actually gets it's value. ICO's in contrast are packed by ETH or BTC, but an airdropped coin - out of the sky - doesn't have any value at first.

What if i.e. an airline would airdrop frequent flyer miles, then they would also have to pack it by something - in their case the promise to get a free flight. But since the airline didn't get / didn't sell anything in the first place (nor did they opt in for an ICO in that example) and actually handed out those miles for free via an air drop event, it would lose out when all people then would try to redeem their free airdropped miles.

So how would an airdrop then work in that case? How does it have to be structured that it's a win win situation for both parties involved.
Airdrop is just an another way on distributing supply of a certain coin which the things you are saying here doesnt really make any connections regarding on that backed system.This thing do happen specially on bounty programs and the value is the same when you get on joining ICO or even simply buying eth. You are still getting the same coin with the same value as simple as that.

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July 08, 2017, 02:26:18 PM
 #4

some airdrop coin have restriction for example you can not join the airdrop like in picoin, if you are not junior, so newbie will buy the coin, other airdrop pay very little so it's better to buy if they have stake, you can earn from stake more if you own a good balance
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July 08, 2017, 02:31:49 PM
 #5

Only a limited number of users will get part of the airdrop. Sometimes other users fear that they are missing out on possible profits and try to buy in. And so a market is born.
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July 08, 2017, 03:50:40 PM
 #6

You could do whatever you want with them. But there should be active trading for a coin to exist. This is just my opinion.
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July 08, 2017, 04:02:16 PM
 #7

I think it's dev team develops to make it valuable .

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July 08, 2017, 04:16:20 PM
 #8

yes, ultimately there has to be a product or good news to give them value. In addition, people start talking about the coin so it gives some easy PR
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July 08, 2017, 06:23:57 PM
 #9

You could do whatever you want with them. But there should be active trading for a coin to exist. This is just my opinion.

I think it's dev team develops to make it valuable .

yes, ultimately there has to be a product or good news to give them value. In addition, people start talking about the coin so it gives some easy PR

Ask your selves too on how fiat currencies gain value? in factual history, cryptocurrencies gain value same way fiat currency gains value.

As soon somebody accepts *something* in exchange for goods or anything, you've created a market.

(something === feathers/beads/precious metals/paper/visa/crypto)

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July 08, 2017, 07:14:07 PM
 #10

Anyone remember Auroracoin? That might teach you something about the "value" of airdrops Smiley
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July 08, 2017, 07:30:38 PM
 #11

The airdrop is a good thing because it involves lots of people learning and using that new coin that is giving away these coins, by this not all these people will be active in using this coin but a small amount of them will start using this new coin, start trading and so on the value of this coin will get a higher value that it has before.

Anyone remember Auroracoin? That might teach you something about the "value" of airdrops Smiley

Tell us that story!


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July 08, 2017, 07:48:27 PM
 #12

I do have a newbie question regarding these air drops,what are these actually and how do we know about these up coming air drops,i have seen recently some threads regarding it ,like if you have x number of bitcoins you get x amount of coins,where do we learn about these things,if anyone could give some information regarding this,it would be a great help.
@OP every asset gets its value if there are users interested to invest their money in it,you can call it consumer surplus. Wink


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July 08, 2017, 07:58:44 PM
 #13

The value of an airdropped coin mainly depends on whether the coin would be useful in its promised ways. Eyebrows will be raised if it turns out to be a hit and people will start investing in the coin and try their luck at some profits.


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July 08, 2017, 08:00:37 PM
 #14

I am just curious, how an airdropped coin actually gets it's value.

people buy it

So how would an airdrop then work in that case? How does it have to be structured that it's a win win situation for both parties involved.

if the coin is useful, people will buy and hold/use.
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July 08, 2017, 08:06:51 PM
 #15

I do have a newbie question regarding these air drops,what are these actually and how do we know about these up coming air drops,i have seen recently some threads regarding it ,like if you have x number of bitcoins you get x amount of coins,where do we learn about these things,if anyone could give some information regarding this,it would be a great help.
@OP every asset gets its value if there are users interested to invest their money in it,you can call it consumer surplus. Wink

you don't, you just see it when your watching altcoin announcements and just so happens that the project's distribution method is airdrop/snapshot.

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July 08, 2017, 08:59:25 PM
 #16

It is better to conduct a motivated distribution.

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flo123
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July 09, 2017, 09:35:55 AM
 #17

I am just curious, how an airdropped coin actually gets it's value. ICO's in contrast are packed by ETH or BTC,
in case you mean "back" not pack then no you are wrong, the ICOs are not backed by anything. you just buy ETH tokens and in rare cases use your bitcoins to invest in them. that doesn't mean they are backing anything!

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but an airdropped coin - out of the sky - doesn't have any value at first.
anything that comes out at first doesn't have any value. then it gains value based on its supply and the demand for that supply.
airdrop is just one of many methods of distributing that supply.

most coins use mining, some use airdrops, some use rewards in POS, and possibly other ways too.

Well, my thinking was, that if you hold an ICO, then you will get ETH or sometimes BTC and have an asset which you can liquidate to back your own coin. In the case of an airdrop, you don't get anything in return. Yet I also do understand that the success of a coin highly depends on the acceptance and the liquidity, hence if more people than just a few whales own the coin, then the likelihood of a vibrant circulation and ultimately the success of the coin increases.
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July 09, 2017, 09:40:50 AM
 #18

some team can release a coin free, and do work for it
in the future ,they would use the coin which they have trade BTC or other
they will earn more
that's my thought about the airdorp!

psiksenz
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July 09, 2017, 03:37:11 PM
 #19

The coin will get its value based on peoples perception of the value or future of the coin, or just from being actively traded.

BitWhale
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July 09, 2017, 04:10:56 PM
 #20

Alot of people don't like to admit it, but really any cryptocurrency's value comes from thin air. We humans decide it has value. All it takes is two humans to decide something has value in order for that item to have value. This applies to digital currencies, commodities, art work, music, advertising, products, nearly anything out there.

Even with stocks, one stock can be valued more than the other, and not every time are these values placed among things that currently exist. Tesla is a good example at the moment, DDD/SSYS is another good example from the past. Their inflated value came from expected future prospects, most of which never came to fruition. That's how one company with "great future prospects" but horrible current prospects can have a huge marketcap purely because everyone expects it to do well "in the future".

this doesn't mean cryptocoins don't have value, because they clearly currently do atm, it just goes to show how much of this is human psychology and doesn't really come down to any sort of valuation metric. It's valuable because 20k-whatever people currently say it is haha.

Think beanie babies & pokemon cards...
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