I dont think beginners should start with airdrop anymore

[The Cryptovator]

Once a day Airdrop was most famous free earning scheme although it wasn't quick rich scheme. But nowadays I think hunters are unable to cover their gas fee by collecting Airdrop tokens. On the other hand ICO's are collecting all the personal details from hunters and preparing for another scam. So overall Airdrop isn't really profitable lately.

[1715489920]

1715489920

[1715489920]

1715489920

[Ipwich]

Airdrop popularity is over, before we can make bucks with less effort but now they are just showing useless coins or tokens.
Don't waste your time with airdrops, better start to be more serious by building your journey in trading, you can start as newbie but you can grow to become an expert if you will devote your time and effort with trading.

[Indamuck]

The bitcoin airdrops are still worth a decent amount of money.  As much as people shit on bitcoin cash it was some free money so maybe we should be thanking Roger Ver on some level, lol.


The erc-20 airdrops were always a complete scam.

[ryzaadit]

Waiting for a new rules method about newbie with a new register will cant start posting/visit the bounty section. The problem is, some people abused the AIRDROP / Bounty by using bot form Google & Bitcointalk. The abuser using a script for posting using a lot newbie account with low activity joining the same bounty, mostly on Telegram Campaign. But the interesting things the abuser also can manage Twitter Campaign with more than 50 accounts.

[chenille]

If the project is really interesting and outstandig of other projects (that's not necessarily difficult for a project of value right now) the airdrop can be a good decision. There were many in the past and people doing them were very lucky.

If the project is really interesting and outstanding, they don't need to make airdrop to drag attention because they just will sell all their tokens during ICO.

Airdrop's purpose is not only to get more investors and collect more funds for a project, it's much more than that. Airdrops of valuable projects are an incentive to get a large community that trust in the project and appreciate to use the currency / platform etc.
The biggest problem is that the reputation of airdrops got totally destroyed when every shitcoin did them to attract investors. Their useless shitcoins don't cost the founders anything to do it and that's why there's a large number of useless airdrops.
I can remember Bitcoin had also a decentralized, little Airdrop /Faucet. Gavin Andresen was the initiator and announced it here: https://bitcointalk.org/index.php?topic=183.0

The original purpose of Airdrops was building a community and I hope that good projects will see this use case of Airdrops and continue to do them. We should not ruin the existance of Airdrops by useless shitcoin ICOs.  

Personally I won't join most airdrops right now and I'm doing it only when I see potential in the project.

And sometimes there's a wrong belief that the project has the potential but turns out to be not.

That's always possible. But if someone makes only the promising ones (2 - 3 per month), the amount of wasted time is not much.

[o_e_l_e_o]

The original purpose of Airdrops was building a community and I hope that good projects will see this use case of Airdrops and continue to do them. We should not ruin the existance of Airdrops by useless shitcoin ICOs.  

Airdrops may have originally had a good purpose, but they definitely do not any more, and unfortunately we don't get to decide who is and isn't allowed to perform an airdrop. Some of these shitcoins airdrop even to people who didn't sign up, and just drop their useless tokens in every Eth wallet which has been active in the last x number of months, for example. Others use an airdrop solely as a means of collecting your data, either to sell for a profit or in an attempt to hack you. The existence of airdrops has already been ruined, and is pretty much irredeemable at this point.

[Harlot]

You are definitely right. The way I see it is if a newbie started with airdrops or in any kind of bounty campaign they'll be only hindering their learnings from the true way in the crypto world. They'll be stuck on waiting here seeing for newly posted ANN threads just to participate in all of them when if they want to really earn they should study about trading or even mining which I haven't seen on a person who started first at earning something they are satisfied with, if they want to grow then they should give up some time on airdrops and spend more of it on reading.

[Mehr Sher]

I don’t agree. I believe its fine for beginners to start up with Airdrop, but only got to make our selection better. I prefer Bounty more as that is something which only reliable companies go for.

But even for that I am very careful with my selection and try to go for one I am absolutely sure about. It’s also sensible to only join one with short time phase, we need to find Bounty Campaigns, which are short time duration to avoid major stress.

[o_e_l_e_o]

I prefer Bounty more as that is something which only reliable companies go for.

This isn't true. Any altcoin, token, ICO, IEO, STO, whatever can start up a bounty program with next to zero effort, and most do. It says nothing about the legitimacy or reliability of their project. Since these campaigns almost always pay in the altcoin or token that they have just created at zero cost, then there is no downside for them running a bounty campaign. It costs them nothing and they have nothing to lose.

This is evidenced by the vast majority of these altcoin or tokens that are paid out never making it to an exchange, and the ones that do just rapidly dump to zero or close to it.

[futurelab]

In my opinion, an airdrop is often a waste of time. On erc20 projects less than 5% go through, so it means that you need to get 20 projects to have a chance to get the real exchangeable token... It can be a good exercise so I can encourage at the beginning, but without dreaming... Beside airdrop I would search new mineable coins Asic resistant and would try to mine with Pc. There are when they are launched that for 14-30 days you can get coins even using a small notebook.

[maydna]

For now, doing airdrops will not profit as before because many airdrops don't have a price for a long time. People need to know and learn that cryptocurrency is not rich quick scheme and they need to stop thinking like that. There is another way they can do to get the money from crypto, and that is what they need to search to make money.

But if they don't want to listen to our suggestion, then let them feel to see that the airdrops are not worth to do. They really need to be patient to do many works in crypto because what we do now will give benefits in the long-term.

[Lakai01]

The bitcoin airdrops are still worth a decent amount of money.  As much as people shit on bitcoin cash it was some free money so maybe we should be thanking Roger Ver on some level, lol.


The erc-20 airdrops were always a complete scam.

Which BTC airdrops are you talking about? Those which are posted on eg. freebitco.in? Or are you talking about hardforks? Has there been any hardfork since BTG which was worth the claimin effort?

[DdmrDdmr]

<...>

Most airdropped tokens are pretty much worthless, and people may end up with hundreds of different tokens which will never make it. You could see it as a sort of lottery though, whereby one of those may eventually make it to some exchange and be worth something. There are cases like that explained around the forum. It’s a remote possibility, but so is playing the lottery.

Nevertheless, in the process, you need to be wary what private information you hand over in exchange, and consider that potentially compromised, and your provided contact information prone to spam and scams from there on. Even worse if KYC was mandatory in the airdrop, since your identity information could end up in the wrong hands without much effort.

[chenille]

The original purpose of Airdrops was building a community and I hope that good projects will see this use case of Airdrops and continue to do them. We should not ruin the existance of Airdrops by useless shitcoin ICOs.  

Airdrops may have originally had a good purpose, but they definitely do not any more, and unfortunately we don't get to decide who is and isn't allowed to perform an airdrop. Some of these shitcoins airdrop even to people who didn't sign up, and just drop their useless tokens in every Eth wallet which has been active in the last x number of months, for example. Others use an airdrop solely as a means of collecting your data, either to sell for a profit or in an attempt to hack you. The existence of airdrops has already been ruined, and is pretty much irredeemable at this point.

Well, it's always the same: originally the purpose was fine but then scammers came and abused it. I agree that we can't prevent scammers from doing useless/fake/scam airdrops. On the other hand I won't let ruin airdrops by them because it's something where a project can contribute a lot and offer people without a risky investment to be part of the project.
Airdrops are still useful but we as participants have to be very careful which ones we do and which data we submit (always remember that the Airdrop can be a scam (send no private keys, no funds sent to receive money, no kyc and so on)).

[Sharon121212]

Newbies starting with airdrops is likely due to the orientation they got before entering cryptocurrency. I have not taken part in any airdrops activity but using other testimony as a yard stick I honestly feel it's time wasting and doesn't have value.

[salty]

Starting with airdrop gives most newbie false hopes because most people that are new to crypto universe are mostly here for a get rich quick scheme and when they do little task like follow a twitter page or like a Facebook they mostly dont get the reward they are hoping for which after a while they get tired and start saying bad things about crypto..... but what most don't understand is Patience is key in the crypto world and it takes a whole lot of time to get the basics

I think it's a disease of all newcomers.But now it is really even not being a beginner is very difficult to earn.Therefore, to blame the newcomers is not entirely correct.Now for earnings it is best of course to invest in projects that are carried out by IEO.

[jak3]

lack of Patience can be seen almost in everyone on this current generation. it takes some time to build it up but its true no beginners should try airdrops right when they are getting started in this community. they can face some months without getting any money or any kind of profit, as high-rank users are also gonna treat him like he is trying to spam. so making experience first is essential and important for beginners and then look for money making which you get a bit of idea on what you are doing.

[Dudeperfect]

Well, an airdrop is just a starting fuel required for a newbie to experience the crypto world without spending the actual money. That's why most of the projects announce airdrops to attract users to test their ecosystem and review it so that they can vouch for the same. However, a user should treat it as a test ride and it doesn't make any sense to take the test ride daily without buying any car.