ICO or Airdrop?

[TIN1114]

Hoping someone could give me a brief definition and comparison of ICO and Airdrop

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[Marteel]

ICO stands for Initial Coin Offering, which means you buy tokens before project is alive. You pay for the coins in ICO's
Airdrop is the term for free tokens for completing the tasks required to earn it.

You dont pay for airdrops, but you invest in ICO's.

[raddish]

ICO is a project,  airdrop is only one of the aspect.  All the social media campaign is also included in ICO and signature campaign.

[Niya]

Hoping someone could give me a brief definition and comparison of ICO and Airdrop

The main difference is that in order to join an ICO you need to invest, while airdrops mean you can get the coin or token just filling a form. But this means nothing about the seriousness of the project, both way the project can be good or bad...

[Alexander_Z]

Airdrop is the term for free tokens for completing the tasks required to earn it.

If tokens are offered for completing some tasks, technically it is not airdrop, but bounty or signature campaign or something similar. Airdrops are completely free, one does not earn the coins or tokens, but simply receives them. Sometimes a subscription to developers' Twitter or Telegram is required, but that's all.

[deepcoreotc]

ICO - you invest money in it.
Airdrop - you get free tokens
Bounty - you get free tokens in exchange for your

[cryptoman1ac]

Most projects undergo these Initial Coin Offering (ICO) and Airdrops. The difference between the two is that;

Airdrops are free tokens/coins given to community members. Airdrops are mostly given after the token sale so you really must have to wait for you to receive the tokens/coins.

While

Initial Coin Offering (ICO) is the stage of the project where the coins/tokens are being offered to the community at a lower price. You only have to invest in it and do not need to do some more tasks. Usually you get a bonus percentage when you reached the requirement.

[HabBear]

Airdrops are completely free, one does not earn the coins or tokens, but simply receives them.

Airdrops are not completely free. The definitoin of an Airdrop is commonly confused.

An Airdrop only occurs as the result of a hard fork attempt.

So to participate in an Airdrop you actually need to own tokens in the cryptocurrency that is target for the hard fork attempt, so technically it's not free. E.g., to have participated in the Bitcoin Cash airdrop you needed to own Bitcoin.

Does this help clarify?

So ICOs and Airdrops are very similar in the sense that that they relate to the creation of a new token. It's the path by which the developers wish to introduce the new cryptocurrency that makes the difference.


Below is a prime example of the misunderstanding many people have about Airdrops. The explanation below is not an Airdrop. The explanation below is describing compensation for work conducted for the new cryptocurrency. It's not an Airdrop.

Airdrops are free tokens/coins given to community members in exchange for their effort to promote the project or made it known to the larger community. Mostly done by referring/inviting friends and other people who might be attracted on the project and eventually invest with it. Airdrops are mostly given after the token sale so you really must have to wait for you to receive the tokens/coins you hardly earned by doing the required tasks.

[cryptoman1ac]

Airdrops are completely free, one does not earn the coins or tokens, but simply receives them.

Airdrops are not completely free. The definitoin of an Airdrop is commonly confused.

An Airdrop only occurs as the result of a hard fork attempt.

So to participate in an Airdrop you actually need to own tokens in the cryptocurrency that is target for the hard fork attempt, so technically it's not free. E.g., to have participated in the Bitcoin Cash airdrop you needed to own Bitcoin.

Does this help clarify?

So ICOs and Airdrops are very similar in the sense that that they relate to the creation of a new token. It's the path by which the developers wish to introduce the new cryptocurrency that makes the difference.


Below is a prime example of the misunderstanding many people have about Airdrops. The explanation below is not an Airdrop. The explanation below is describing compensation for work conducted for the new cryptocurrency. It's not an Airdrop.

Airdrops are free tokens/coins given to community members in exchange for their effort to promote the project or made it known to the larger community. Mostly done by referring/inviting friends and other people who might be attracted on the project and eventually invest with it. Airdrops are mostly given after the token sale so you really must have to wait for you to receive the tokens/coins you hardly earned by doing the required tasks.

I have already deleted it thanks for the clarification

[EricExxo]

ICO = initial coin offering On this stage you buy tokens in exchange of your other assets (ETH, BTC, NEO)
Bounty = get free tokens for doing some tasks. On this stage you get tokens for sharing/following/joining telegram groups/helping the community
Airdrop = you get tokens for doing nothing

[civiszero]

I thought a airdrop didn't necesarely should have to be a fork.

because I see a lot of websites advertising with a airdrop for a ico

[jimely0907]

it will depends on you airdrop or ico.. in ICO you can buy a token or a coin in lowest price
in airdrop you have to wait to be airdrop the free token by filling up a FORM

[neo444]

An ICO (Initial Coin Offering) is a method of fundraising, operating via the issuance of digital assets exchangeable against cryptocurrencies during the start-up phase of a project
An Airdrop is a free distribution of crypto-currencies (or tokens) to a number of members ranging from a select few to anyone making the request. This distribution is often done by the creative company of the token or currency in question.

[Papado]

I will give preference for airdrops

[cryptocurrencybazaar]

I thought a airdrop didn't necesarely should have to be a fork.

That's right. It's not necessary that Hard Fork is required for Airdrop. Many upcoming projects are offering the Airdrop during their ICO.

When Hard Fork occurs the coin holders receive the same amount (or sometimes more/less) of new tokens as Airdrop but HF is surely not the only condition for that.

[AlisaWhishie]

I thought a airdrop didn't necesarely should have to be a fork.

because I see a lot of websites advertising with a airdrop for a ico

Airdrop is a part of a marketing strategy of some certain ICO, and most of ICOs use token created on the Ethereum blockchain, so it is not a fork usually, but a token.

Of course, some airdrops are held because Hard Forks take place, but it is a special case.

[fraufreiheit]

The key difference between two of them is in the way you want to support the project. If you do it with your money buying their tokens, then you take part in ICO. But if you just join them on social media and like/repost their news, you can also get their tokens free as an airdrop participant.

[Darsh3!]

Airdrops
Airdrops may be defined as the process where a blockchain-based company distributes cryptocurrency token to the wallets of some users for free.
It is usually practiced by the startups to bootstrap their cryptocurrency projects.

ICO
Initial Coin Offering is an unregulated mean by which funds are raised for a new cryptocurrency venture.
It is usually practiced by blockchain-based startups to bypass the cumbersome and regulated capital-raising process required by banks or venture capitalists.
In an ICO campaign, a percentage of the cryptocurrency token is sold to early investors of the project in exchange for legal tender or other cryptocurrencies.

[bitmover]

Hoping someone could give me a brief definition and comparison of ICO and Airdrop

Airdrop
Coins are distributed freely to some people. Zero risk.

ICO
Initial Coin Offering, similar to an IPO. Companies want to capitalize in Ethereum (mostly) or bitcoin or other cryptocurrencies. So they share coins (similar to shares) of their company for a price. This price is likely to go higher (if company goes well) or lower, if company goes bad....
High risk, and possible high reward (300%, 500% even 5000% in few months).

[Sanjeewa101]

ICO, a definition is Initial Coin Offering, Most of the cryptocurrency project have ICO stage for contribution for a project from the community.
Airdrop give free coin or tokens to their community, The purpose are marketing, publicity.