Is it true that 99% of all airdrops are shitcoins of bad projects ?

[nemey]

Actually, I have only two experiences joining airdrops. From the two, one is listed on the exchange and I got nice rewards from it. the ways are also very easy with the very ease and common tasks. But, one airdrop was scam. They were like legit but in fact they were scammers. Well, in this case I cannot say that 99% is shitcoins. It will depend on the projects and how much you will get.

[rasulibragimavic]

There are many good projects and there will be even more !  Delve into the idea and technology , but be careful not to invest all the money that you have !

[jupppo]

Yes, I think you are right. I participated in 100 airdrops and recieved only 3-4. But now I participate only in airdrops whch tokens are traded on any exchange. For example, aelf is a nice one.

[Best Coin8]

I think that it is impossible to say so and generalize everything. Because her everything can be smooth and perfect. Of course, each coin can find not very good projects. But still ethereum will remain the best altcoin.

[cizatext]

Airdrops have been abused in recent time with a lot of shit coin all around which never make it to the exchange and at that becoming worthless because you can not trade them when there not listed, but before now it was not so airdrop was a great way to created awareness about a new project and in that they give out free coins through airdrop even bitcoin at it early stage engaged in airdrop.

[luckybit1]

They are really bad eggs. its true that 99% of all airdrops are shitcoins of bad projects!! iI personally have stop campaigning for them .

[ashmodeus]

From my own experience I can tell from all the airdrops that I know the top projects were only: Vite, Ontlogy, Dfinity. All others were shitcoins

for now
yes ,
even bounty also same recently.
well
airdrop is a airdrop
who know what will be
dont be have a big hope just from what they say , i mean team behind the airdrop scene.

[segomawut]

It is recently that the concept of Airdrop has been abuse, I read than NEW was also airdrop and even in early days of BTC it wss airdrop to some members on BCT and Reddit forum just to build up a strong community around the project, but now what we see is that the developers farm addresses and start dumping on the community as soon as the token get listed on the exchange another thing now is that most people even dump their tokens immediately on exchange because there is no attachment to the project long term

I agree with your opinion. airdrop for now lacks trust and if any, those who get kpin will immediately sell it if the coin is in the market.

[capableuwa1]

Irrespective of the fact that the space is crazy with so many scammy projects out there it is not proper for you to generalize it. 99% is almost 100% with a difference of 1% , so the Gap is too little how about you reduce it down to 45% legit while the other 55% are scams I will agree with that. There are good Airdrop out there, carry out more research about what you participate in to avoid waste of time.

[TopT3ns]

It is recently that the concept of Airdrop has been abuse, I read than NEW was also airdrop and even in early days of BTC it wss airdrop to some members on BCT and Reddit forum just to build up a strong community around the project, but now what we see is that the developers farm addresses and start dumping on the community as soon as the token get listed on the exchange another thing now is that most people even dump their tokens immediately on exchange because there is no attachment to the project long term

I agree with your opinion. airdrop for now lacks trust and if any, those who get kpin will immediately sell it if the coin is in the market.

That means developer need to change their strategy back like in past when airdrops is very complicated to join and we do some task like what developer said and then we can get tokens. But some of them think if social media is trend to build community for now.

[coino.org]

Unfortunately it is true and most of such cases is just non sense airdrops.
I participate only in top airdrops, filling 100+ google forms isn't for me, I select projects!

[Nasonn]

This question has been answered many times and I believe the major agree that on the average airdrop is a waste of time except you don't have any better thing to do with your time.

[BigBrother]

Based on my experience in airdrop, I can say that 99% of it is garbage. I did not have any good payments from any of them and I realized that this is a bad idea.

[dumplingsandsushi]

Well, from your own experience, if only 3 were worthwhile and the many hundreds of others were a waste of time, then maybe that is pretty close to 99% are bad projects.
So actually, saying 99% are terrible might not be such a wild number lol.

Last year, airdrops were nice events, mostly rewards for hodling a coin.
Then we had Deep Onion that distributed it's coin exclusively through airdrop.
Now, we have every single project handing out coins for free for just signing up to telegram and stuff like that.

Of course the value of the token will be zero.
Projects in crypto act as if they can make money from nothing.
Just creating tokens and giving them out actually guarantee that your project is worthless.
But, at least now we are seeing the ICO and Airdrop bubble popping, hopefully a lot of shit projects will die.

[slightmoon]

Many treat airdrop as making money but it's not the way of making money. Project team do airdrop just for the project awareness. So, Good thing to support the project or invest in for the more value 

[dutechman]

It is hardly to believe the authenticity of airdrops nowadays. I have listened to some of my friends that have been in crypro before how they have benefited a lot from airdrops. But I think the reverse is the case now, even if it is not 99% of airdrops that are shitcoins of bad project then it is very closer.
It got to a point I decided that I won't participate in airdrops again except those ones that comes with the bounty I so much believe in.
I have participated in numerous airdrops months ago, I have not received about 95% of them. The only 5% I have received, it's 0.1% of that on exchange market.
Many airdrops are really frustrating.

[joshv06]

Unfortunately it is true and most of such cases is just non sense airdrops.
I participate only in top airdrops, filling 100+ google forms isn't for me, I select projects!

Yes it's up to us and it depends which type of airdrop do we participate, again most of the airdrop are just shitcoins and some of them don't get listed soon and it's a cheap marketing tactics.

[miropp]

Previously, airdrop brought a normal income, but not all. Now the number of good projects has greatly decreased and the income from them, respectively, has also decreased. I don't see the point of participating in them, it's a waste of time, I think.

[blockchainmarketus]

From my own experience I can tell from all the airdrops that I know the top projects were only: Vite, Ontlogy, Dfinity. All others were shitcoins

Of course, do you know the purpose of airdrop? it is to build community to share small amount of coins worth under 10 ICO price not market price. when you earn 10 USD value it is not the value. If the coin in market is only about 1 or 2 USD. Now to send 1 or to USD via eth tokens are very expensive gas, It is not good airdrop. Fake developers like airdrop because the coins are not popular.

[bittick]

From my own experience I can tell from all the airdrops that I know the top projects were only: Vite, Ontlogy, Dfinity. All others were shitcoins

Of course, do you know the purpose of airdrop? it is to build community to share small amount of coins worth under 10 ICO price not market price. when you earn 10 USD value it is not the value. If the coin in market is only about 1 or 2 USD. Now to send 1 or to USD via eth tokens are very expensive gas, It is not good airdrop. Fake developers like airdrop because the coins are not popular.

and also it usually exist to trigger someone to pump the whole market so that the developer could take the advantage of the situation but dumping the coin
most of the time developer that are scumbags will reserve huge amount of token and only small amount of that determined portion will be distributed