Are Airdrops Another Unsustainable Fad?

[saymynem]

It's kind of a flash-mob marketing that is hard to justify as a utility token. These techniques are difficult to pull off in the US even though regulations are currently weak.  Over time I suspect the SEC to crack down on those trying do airdrop their way to relevancy. There are posts all over this board advertising them and, even though they appear free, I wonder if people know they are participating in a low-grade ponzi-scheme. Crypto has enough publicity problems, I'm just wondering if this is going too far and warrants some self-regulation from the community. For example, I think I'd feel uncomfortable buying coins associated with a company that has ever deployed airdrops. Just feels like a scammy red-flag- not something a legitimate corporation would do, so a legitimate investor would avoid.

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[izzi27]

From a noobs point of view, it just feels like a smash and grab attempt of piggybacking on the Bitcoin brand.

[saymynem]

From a noobs point of view, it just feels like a smash and grab attempt of piggybacking on the Bitcoin brand.

Everybody wants a quick buck, but that kind of attitude salts the earth for legitimate businesses trying to get off the ground.

[Script3d]

not all airdrops are bad airdrops have purpose like bitsend airdrop they do it because they want to distribute the supply because they dont plan do to a crowdsale its the only way to distribute the supply unlike on crowdsale you need to buy them. you cant call airdrops low grade ponzi schemes since there is no investment involve and what does US got to do with the airdrops?