Do Airdrops attract investors?

[GSENetwork]

No. The airdop will mostly attract the speculator. The real investor will only know about the news and make judgement by themselives.

[CryptoWorld87]

There are some reasons why more tokens and ICO are doing airdrops because in that way they can easily attract more people join there campaign and can spread a word about there campaign. They do this so that more and more people can try and help them hold there tokens and find a huge community.

[Simple_Plan]

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?

No investor pays attention to a couple of tokens from airdrops. The main purpose of airdrops is to advertise the project and attract more investors.

Since every project needs money to develop, there are very few projects massively give away in airdrops (HYDRO is a rare example). However, their tokens prices are usually involved in sudden pump and dump game.

[Milamol]

Yes, it creates a crowd in the community, but is it effective? Hunters exchange information among themselves in order to obtain several coins, to which investors (especially large ones) will not pay attention. I think airdrops have become ineffective.

[ringgo96]

Yes, it creates a crowd in the community, but is it effective? Hunters exchange information among themselves in order to obtain several coins, to which investors (especially large ones) will not pay attention. I think airdrops have become ineffective.

the purpose of airdrop in my opinion is as a means of promotion in introducing the coin to the community so they can know him and who knows they will also be able to invest in it

[apur688]

In my opinion, no, investors were never interested in airdrops. Often the airdrop altcoin is detrimental to the altcoin itself, the price usually drops dramatically after entering the market. Investors are only interested in the quality and potential of the altcoin. If it's promising, then that's an altcoin project that is favored by many investors.

[Flor1982]

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 not that nobody but it will always depend of the ICO products that airdrop will become effective like their commodities should be feasible to the masses so that they could attract more people to invest. Mostly airdrop is more on referral activities in which the more you invited to join the ICO and the more people attracted to invest because the project is good then airdrop activity will be a success. 

[SuiMikira]

Airdop do not attract investors but it make investors hear about the project, airdrop is a smart and cheap (almost free) marketing campaign, airdrop make the community of project become big, spread out the words about the project so potential investors will know about the project. Have a strong and big community is one important investment criteria for investor to make investment decision, airdrop help project to do that.

[onebtcforlife]

Most of the people who want to make some free money will join in the Airdrops but Airdrops will not impress the Investors because this coin doesn't give any value to them. Airdrops will not attract the investors but they will join to find more details about the company.

[Wabri]

In my opinion, no, investors were never interested in airdrops. Often the airdrop altcoin is detrimental to the altcoin itself, the price usually drops dramatically after entering the market. Investors are only interested in the quality and potential of the altcoin. If it's promising, then that's an altcoin project that is favored by many investors.

You are right, but an airdrop is moslty a popular way to promote a blockchain project. On this way hopes the project teams to bring the project to a bigger public and after that to reach their hard cap.

[suprex333]

Airdrop is given to those who need and want to join if to attract investors seems less attractive.
It was only for a moment and as if for charity.

[cha1ner]

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.

Yes I do understand the tasting part and was thinking exactly the same until I started reading BitcoinTalk where non of investors mentioned Airdrops being at least one of their Altcoin discovery channels.

I know that for some ranking sites, there should be established community to get a good ranking, which mostly is acquired via Airdrops. But then it is the same as buying fake accounts to have just a number to get better ranking. I want to see if I am missing something?

[cha1ner]

Airdrop is given to those who need and want to join if to attract investors seems less attractive.
It was only for a moment and as if for charity.

So do you think the Airdrops in the matter of investments are actually useless?

[cha1ner]

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

Do you know any statistics on that?

[ubercool]

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

Do you know any statistics on that?

More than 90% of the projects do airdrops just to get more and more people into their telegram groups and Twitter, Facebook followers. The teams think that investors will be impressed if they see that much of a follow for the project.

[cha1ner]

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

Can you comment more on unintended consequences? What exactly do you mean?

I believe there is different audiences if you separate Airdrop and Bounty. I know mostly they come together as it is then easier to attract the masses, but I believe a bounty without an airdrop might actually be a better solution. As incentivisation for investment it could be an additional bonus on the invested amount, but not just free tokens to everyone. Thoughts?

[arpon11]

I can really said yes airdrops do attract investors because if it is no attracting investors would not be having the number of airdrops that is coming out every days. I think airdroping coins or tokens is another level of marketing and advertising and we all know the roles this play in the business.

[nidacoinlove]

We know that nothing here is for free. We may think that we get the tokens in the airdrop for free but it is actually a marketing technique used by the project owners or managers to attract investors towards them. People study about the token that what token have they received and what will be there usability and utility, which compel them to buy the tokens and if not personally they suggest others to buy them.

[bestcomputerpsycho]

Generally airdrops are for gaining the interest of the people. Simple thing is that more people know about a project, more money they'll bring. Also it increases the trust among the investors. If a very good project only has 2-3k subscribers on twitter, chances are investors won't be pleased with that and won't invest in it. But if same project has 30-40k subscribers/followers, it attracts the money.

[itrade777]

Sometimes airdrop uses only to gather participants to join their social media to add more members in the community. Investors nowadays are very smart that even you have a powerful marketing team but the content of the project is poor they will still not invest on it.