can someone explain to me the motive behind airdrops?

[Apes]

one of reason airdrop give away is to give a hype effect so that tokens or coins can be better known to the community in an easy way, without ICO and project excessive promotion,  airdrop effect can massively spread the project and well known worldwide.
whereas in fact the airdrop token is just a useless penny.

[5thFear]

It helps in the circulation of the tokens/coins and also it gets the attention of the crypto community. The more circulation a coin have the easier it becomes for it to get listed on coinmarketcap. So its a win win situation for both bounty hunters and the project also.

[Saisher]

I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

The motive is only to steal information besides scamming people by asking them to buy more so they can get more airdrops and making empty promises that the coin will perform great in the market, once it hit there this is the reality of the majority of these coins.

[sanida]

The main reason to execute an airdrop is to lure investors but that just an old strategy nowadays they don't work anymore because most genuine investors know how is this so called airdrops works and for the participant they are just being used by those greedy scammers who only take their time to promote their mostly shady project in worst cases they will ended up getting nothing in returns.

[jumiapaul]

The most logical reason why developers distribute airdrop is for promotion purpose. The developers want to make cryptocurrency enthusiast aware of the project and that explains why simple task are required from the participants to earn the tokens. Its understandable that the value airdroped could be very little compared to the total.

[neonshium]

I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?

Most of them make use of airdrop to actually create an hype for their project, people love free things and will want to make more money from sharing their referral links to friends which is totally free of charge, this way the project would reach out to so many people who might be interested in it and pick up even much coin than what was distributed during the airdrop, this is why I always keep telling people that airdrop most of the time is a waste of time, I prefer bounty over it.

[shesheboy]

The motive is only to steal information

if an airdrop is a scam then yes that might be their motive but not all airdrops are scam  . Also an airdrop wont ask for your personal info not unless if its a kyc based airdrop  

besides scamming people by asking them to buy more so they can get more airdrops.......

Airdrops are not encouraging people to invest more of their coins because airdrop is only optional . You can do airdrops if you want to earn extra coins

It helps in the circulation of the tokens/coins and also it gets the attention of the crypto community. The more circulation a coin have the easier it becomes for it to get listed on coinmarketcap. So its a win win situation for both bounty hunters and the project also.

I think its not about the circulation on why a certain coin will be listed or not . Its not a win win situation for both sides because the owner are mainly the ones that will get benefit the most  

[shiming]

Attract attention. Let more people join this project. There may be an advantage when voting. If the project party has money, I think the project side will consider repurchase. This will benefit the project. Otherwise, on the trading platform, the price will drop a lot.

[anatolij.shishkin]

Minimum quantity? Apparently we are talking about the price of the token, the number of tokens that are sent and the price of the minimum withdrawal on the exchange.

 Well, look. The project says that their coin is worth $ 1 and in fact $ 0.00001 is the whole problem.

[crispyfry211]

Nowadays some airdrops are scams also so be aware of what you are filling up with your details because they can use it in scam also,But i have a airdrop that can give you profit and surely it is a legit and this is Den coin airdrop.They have ICO also that starts within a week so must try the den coin tokens.

[ivanserfg]

In general, the idea of airdrop is good, you, in exchange for loyalty to the company, get acquainted with it and acquaint your friends, and some of them will become a client, BUT companies have already distorted this concept, and very often nothing is sent at all

[DarkNight_1St]

I think airdrop for community development and people who introduce many people will get more tokens.

[Dellosoft]

You have a point here. But probably with time the said exchange will reduce minimum deposit when the coin gets value in future. Anyways, most airdrops to be honest are time wasters. The purpose for airdrop initially was to compensate coin holders, later the motive changed to compensating the community for doing simple tasks.

[Deallove9]

I think every airdrop have their specific rules to airdrop to their participants and before the announcement of the airdrop there must have been a specific amount of token to be distribute and the developer must have set the limit for those who participate with limit but some dont have limit for them and that makes the number of token to be reduce.

[Rengga Jati]

One of the strong reasons why the developer or team offering the airdrop program is:
1. Massive promotions
2. Give rewards that aren't too big for the airdrop hunters
3. Get as many community members as possible

From this, it is very clear that the motivation behind airdrops is, of course, an introduction to a project and part of marketing strategy or promotion.

[akamit]

It's kinda spamming someone's wallet - so it's a bad thing imo. Though everyone has their own point of view.
We really don't want marketers to spam our email then why should we allow the marketers to spam our wallet as an example? Both marketers of the two kinds haven't taken our permission.

Most of the times those airdropped token stays in your wallet because it has ZERO value.
If you want to clean your wallet then you need money, so we will be spending ETHs to clean ZERO value. If those tokens have value then scenario could be different.

An example: I really don't know anything about these tokens but it's in my wallet and made my wallet congested...


There is a lot of projects who never airdropped this way, but those are the successful ones. If anyone has a good project then it will be successful even without the airdrop.

It's like free marketing and free marketing is always spammy.

Not entirely bad, distribution to many people is important to increase the number of users, because if ICO only relies on investors, the number of users will be limited, airdrop will open the opportunity for the project to have more names and links. I think the developer has formulated it well, what is the right airdrop allocation so that it does not have a negative impact on their market

I don't think this a bad strategy but the developers need to think the portion of distribution, if not the amount could hurt the price when its being launched, usually yhe developers choose airdrop to increase the popularity and hopefully could increase the transaction volume, who knows they become attracted to used it for transaction, but airdrop is not too favor for investor because it can caused the price drop severely

[cabron]

I don't join to those airdrop because most of them  are just going to spam your email address after they got it. If they were true though, its not going to be worth but their coin is  going to be listed on the exchange and will have some volume because those airdropped add up. The motive I guess is jsut for marketing purposes other than taking your  emails and detailed of you as they make you signup.

[vasrasus]

Airdrops were still helpful to others, Airdrops will not still exist if it's not beneficial to the project as well to the crypto Users. It's good to attract more investors to buy and hold since they give Airdrops sometimes to holders. And to know the project exist so they provide airdrop for the first time while their on sale.

[Christinebeauty]

The upcoming exchanges will be conducting airdrops but will make sure the amount offered is so small that it can only be used to pay for withdrawal charges on that particular exchange. So you will not even bother to withdraw

[timmmers]

It depends on airdrops that you choose to do. I like doing airdrops for coins that are already listed on exchanges or they are in IEO phase on some big exchange like Huobi or Binance.