Why Airdrops???

[joesastro]

I saw few newbies have asked in Altcoins section "Why airdrops?"
So i post this detailed explanation for all of them here.. 

As far as i know there are few types of Airdrops and few intentions of them.

1. Before ICO Air drops

These are done before launching an ICO.
To get public awareness of the project, get telegram members , get Twitter followers , get likes for the Facebook page etc..

2. After ICO Airdrops  

Some projects airdrop their unsold tokens to ICO participants without burning them, to avoid decrease the number of total tokens. ( ex: SP8DE )
Some projects do this after a successful ICO in specific exchanges to attract traders. (Arckblock did this)

3. Totally Airdrop coins.  

Some projects doesn't conduct a ICO instead they Airdrop the coin among general public or bitcointalk user.
Actually this is a very good strategy instead of ICO's because ICO's are hrdly getting successful these days and marketing a ICO is very expensive.
Twist coin( Twist.network ) is this type of coin and it is pretty amazing, now the price is 0.1$. They airdropped 85% of total tokens.

4. When doing a hard fork on existing block chain.  

When a hard fork is done forked coin is Airdropped among original coin holder.
As a example when a hard fork of Bitcoin, Bitcoin Cash, gave current Bitcoin holders an equivalent amount of Bitcoin Cash.
MoneroV is upcoming airdrop and Hardfork in Monero block chain. Airdrop ratio 1 Monero : 10 MoneroV

5. Referral programs.  

Those are very bad in my opinion. Some projects use give very little amount of coin to airdrop registrants an if they refer someone give more coins.
These are very aggressively used to pump up telegram members.
Ex;-Current media network became the largest telegram group using 4M$ airdrop and a referral program.

6. Scams  

Most of the airdrops are scams for getting telegram users and email addresses. Don't do those airdrops.

In my opinion, It's a good idea or information, because I started to join cryptocurrency and with this information, I will Learn how to participate in airdrop and bounty is very important to get legit rewards. In addition, now everywhere many ICO is fraud. So I have to be more careful myself if I want to join ICO.

[1714038995]

1714038995

[1714038995]

1714038995

[mindexcoin]

The AirDrop created by Mindexcoin is a deposit system, where investors who bought company coins direct their capital. Once deposited within the AirDrop, the Mindexcoin must stay for a period of one year without interruption and without allowable withdrawals. At this time, these cryptocurrencies will yield. The yield is 2% per week for a year, and after this period the main investment can be taken out normally. Each week, the user can use the amount generated by this percentage of income (2%) to transact within Mindexcoin's own website, even because the Exchange Internal project is already working. No company today offers such an easy and practical system to generate more coins, which in our case are Mindexcoin. Earns reach 80% in the year.

https://mindexcoin.com/

[lucemferrum01]

Yes! It is a good source or information for all newbies and for all people that didn't know about airdrop. That is also the reason why i don't want to join in any airdrops as much as possible, i only joined in bounty campaign for my sake.

[valheru]

I preffer airdrops more then bounty

That was the most ridiculous thing I ever heard. Could you explain to me why you prefer airdrops?

[Shova]

Good information you have.
Anyone asking to follow on twitter or telegram for an airdrop with nothing more than a forum account and google for are 100% scam.
Only join airdrops that also provides other forms of bounty or you are sure that they are successful selling an ICO.

[kelincrad]

Airdrop is an easy way to make money. If you know who you're working with. Because a lot of scams and you can waste time.

[pekcoin01]

It's the easiest way to make money without spending money. Crypto is the simplest way to make money in the money world.
Try all methods. You can make money from each lane.

[Marcogwapo]

There are lots of scammer in cryptoworld especially in airdrop. So its your responsibility to do research before joining them. Maybe your tokens is not yet distributed, i think the distribution is after the IC0.

[3kpk3]

This is useful information op. Many newbies get tricked by scammers who come up with coins and tokens that promise to give away free money, but instead end up stealing all their hard earned money which is unfortunate since there are a plethora of threads in this forum that provide ways to avoid getting scammed. I urge newbies to secure all  your accounts(emails etc) connected to the cryptocurrency market in order to secure your funds.

[Enyi001]

Airdrop could be so cool especially when rewarded with tokens that have solid foundation. Developers seem to give airdrops because, without them giving something as reward to those who help promote their project, no one would want to involve his time in the promotion.

[bart_to_bart]

Because it can be called a free distribution of money. And this must be used. In addition, coins can also take off several times

[Ociwiw]

Turning to the 6 point ... Could you tell me how to identify fraud, because I have no experience in this matter ...

[judyrob]

airdrop is one of the marketing strategy to promote what they have. and many airdrop crypto used to find for free and easy. Even so however up to now many airdrop that contains only a scam and this certainly makes the intention to airdrop be reduced,

[G14tz87]

Because Airdrop:

- The popularity of cryptocurrency encourages the emergence of new tokens that require more attention from the public.

- Airdrop (free token sharing activity) is considered to be an effective strategy in attracting users.

- Though impressed promising, you who play in the realm of cryptocurrency should remain cautious against Airdrop.

[Mike Tyson]

In my opinion, air drops are very good but Many drops of air disappear without paying the number of tokens promised. The ultimate goal is to record social media. But there are a few drops of air paying the amount they promised. But if you want fast money without investing your amount or even your time then airdrop is best for you. You simply register the form and register yourself in the project by joining their telegram account. Airdrops will definitely give you some tokens but it will not be as valuable as you would receive during a rewarding campaign.

[seviandyosi]

Yes, I remember when getting token airdrop and the time I am selling price is very fair and the token continues to experience growth. So I think that not all bad because there are still many airdrop which I think is very good. It's just that we need to be patient and save the token and the token in time will go up with rising prices, followed Altcoin.

[Juxiaolong]

Airdrops are dead. It's hard to meet the kind of valuable airdrops. I think we should pay more attention to some bounty. They are more reliable than airdrops.but you must spend more energy to complete them.

[Flickkk]

I saw few newbies have asked in Altcoins section "Why airdrops?"
So i post this detailed explanation for all of them here.. 

As far as i know there are few types of Airdrops and few intentions of them.

6. Scams  

Most of the airdrops are scams for getting telegram users and email addresses. Don't do those airdrops.

some Airdrops Scams wanted some Donations ..
so that they will prioritize the person who donates.
then the result is the token is a shit coin . even though they give it as a airdrop.
that is what airdrop scam on my perspective

[Winnerschapel]

Before now,  i have joined lot of airdrops but nothing earned significantly. Most of the airdrops are shitcoins and waste of time.  so, i do not want to waste my time and effort on that,  i choose wisely now most times.

[zxfffz]

Thank you for sharing, I have seen many posts, without your detailed explanation, this article really explains the meaning of airdrop! I really like your article! Thank you!