Do Airdrops attract investors?

[cha1ner]

I read thread on how to choose an Altcoin and noticed that nobody who is looking into investing has even mentioned an airdrop.
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?

[1714815240]

1714815240

[tabas]

Have you ever gone to a supermarket where there's a hotdog stall that offers free taste. That's also the same with these airdrops, they are attracting people all in all by giving such tokens for free.
That makes these airdrop people announce and tell others that they've found a good token which results them to advertise that project.

[Uyiosarugue1]

It does, it helps to build a community from which investor will eventually emerge

[Marahunter]

They did but airdrops are also subject to the law of unintended consequences. Sometimes, they might not have the investor pull that was expected from the onset. In the short term, price may dump, and the artificial community created by bounty hunters does not last too long

[CCF_news]

Most people find out about new and promising projects thanks to AirDrop and bounty companies. Holding an AirDrop share, the company attracts attention.

[yonnymen]

It usually attracts the cheap crowd though.

[ttookk]

I read thread on how to choose an Altcoin and noticed that nobody who is looking into investing has even mentioned an airdrop.
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?

There's different reasons why airdrops can make sense. As a general rule, to have a strong market, yu need as many people involved as possible. Getting a percentage of the tokens out to a lot of people can halp with this. Even if all these people start selling their tokens right away, ideally this provides liquidity in the market.

Also, it might help people get "hooked" as in getting interested in the project, reading more about it and ideally getting involved either directly, or through the market (by buying more tokens).

Another "advantage" (well, it is for the team) is, that suddenly, you have a shill army. Everybody wants you to buy their tokens at the highest price possible, so they are telling you anything to pump the price.

[XbladedThanos]

I read thread on how to choose an Altcoin and noticed that nobody who is looking into investing has even mentioned an airdrop.
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?

Mostly to distribute their coin to people and maybe you may decide to buy more along the way seeing its potential growth because lets be true here tokens for airdrops are mostly less than 10$ so basically accumulation is neccessary to sell and others

[Kang TB]

Most people find out about new and promising projects thanks to AirDrop and bounty companies. Holding an AirDrop share, the company attracts attention.

yes, airdrop is one from many marketing strategy to spread the word about the project
mostly people who received the airdrop will talk about the project in their social media or tell their friend about the project
and this is what the team want

[Bowtiesarecool]

No investor wants to walk into a room full of 1000 persons or so, while the ICO is trying to raise over $5m... Do the maths, it just doesn't add up. But seeing 10k persons or better 90k, the $5m suddenly looks more achievable regardless if the foot traffic in the channel in full of bots. So, yes. Airdrops do help

[teeshe]

I read thread on how to choose an Altcoin and noticed that nobody who is looking into investing has even mentioned an airdrop.
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?

In most cases, the reasons ICOs conduct airdrops by the give away of tokens is to create awareness for the project. It may make interested investors to research the project before later making decision of committing their resources to the project.

[Johnyz]

I read thread on how to choose an Altcoin and noticed that nobody who is looking into investing has even mentioned an airdrop.
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?

Its part of making a strong community that can support your project and a marketing strategies also. ICO's makes a lot of airdrop because they need to attract more people on theirs site and pages, or group I think this is one of the requirements when you are listing in a good exchange, to have a strong support and more ways to communicate with your investors.

[kateycoin]

I read thread on how to choose an Altcoin and noticed that nobody who is looking into investing has even mentioned an airdrop.
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?

I think in investing they not looking for giveaways the important to the investor is what the goal of the project. So investor don't need to know about giveaways. Airdrop for the one who willing grab the opportunity to get a free token.

[Cuneng10]

But ICO doing airdrop for make more large community then find investor

[Virtual-Money]

The reason why there is an airdrop is to build a large community to the project.If the investor think the project have a future ,they will buy it to the people its fair for the project

[Crown1]

I don't think so. Most people would hate it even more.
Because airdrops mean lots of free tokens, investors in ICO are unhappy.

[FUD Expert]

No, airdrop attracts more participants to spam much more. Most of the accounts on twitter are all fake and all participants are just connected with each other and adding everyone of them so they are basically spamming each other for the ICO project.

[abitgelluh]

of course airdrop will help them in introducing projects they have to investors and this will help ico's success but this also depends on the product and potential of the coin

[btc-deltacoin]

I read thread on how to choose an Altcoin and noticed that nobody who is looking into investing has even mentioned an airdrop.
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?

That just depends on how is build the whole marketing campaign. If it's done in the right way then airdrop will be helping for attracting investors. Otherwise it will definitely have no affect.

[coin_1122]

I don't think investors will not bother about the Airdrops because they will share little worth of coin which will not help them anymore. Airdrops specially designed only for getting people to join in their social media channels and telegram in order to give updates about the project.