can someone explain to me the motive behind airdrops?

[betty11]

This has led many persons to stop participating in airdrop, their strategy is to grow their community and make it look attractive to investors and traders, they equally hope some of the airdrop participants will participate in the project which some actually do. I think it's a pure wickedness and should be discouraged. I have many useless tokens on my wallet, I have disabled the balance from my dashboard.

[Chomsy]

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?

This is a very good question. These developers and team need to answer this honestly. It's very bad and disheartening to get a reward that can't even get to an exchange for sale. Well, those who still do airdrops, kudos..

[carter34]

I see is to make it easier for people to know about the tokens or coins in the market

I was thinking this way too at the earlier stage of my involvement with it, amidst struggling for one or two registration and follow ups to no avail because of the shit projects.

Thus, in my reality, I have come to educate myself that it was just made to get more people to their community for easy scam   because you are likely to invest if you get an airdrop.

[Pecunia non olet]

Airdrop creators get a free attention and airdrop participants get free tokens, but due to the bear market, people are afraid of buying low market cap coins and thats why these coins do not have value.

[Aniwura]

It has been a long time I participated in airdrop and back then when i was still actively involved in it, i was not concerned with its amount, total supply or what is given to me. My concern most is the profit it will bring me. So since i started noticing it to be waste of time, i had to stop participating in airdrop.

[Absolutep]

I feel that the motive behind airdrop these days is just to gather community.it is easy to reach out to many at a time through airdrop.

[coin-investor]

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?

Airdrops are for awareness, they just want you to buy more so you can trade in the market, besides asking for your sensitive information, which some of them do, sell them online this second one is very risky but as well don't do it a penny for information.is this right?

[fosco333]

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?

I think the purpose of airdrop is to fill their social media with crowd of peoples.
The more peoples join and supporting the project, the more investors will be attracted to investing.
Airdrop participants can hold their token for better value in the future if they cannot deposit it due low value.

[ivan1975]

For POS coins airdrop can be a means of initial distribution of coins among the maximum number of users.
All this contributes to decentralization.

[m0Ray]

In most cases, airdrops organize fraudulent projects. Since airdrop is not an effective means of marketing. The organizers hope that bounty hunters will invest in their project. They are used to that in the past airdrop is very well quoted and continue to play this game. Do not join projects where there is airdrop. It's stupid and you should be prepared to lose your time.

[DainSLane]

There is a big effect for the project if they launch airdrop they can get more potential investors through social media like facebook, twitter, linked. There are lots of people know about the project and the people who joined the airdrop they can get free token.

[traderethereum]

I feel that the motive behind airdrop these days is just to gather community.it is easy to reach out to many at a time through airdrop.

That could be one of many reasons why the project launches the airdrops after their launch their project.
They want to know how big attention from their community and public, so they make the airdrop programs to gather them in one community.
They will get more follower if their project is very good and they can apply what they have in the plan to the real work.
But maybe each project has their motive behind of airdrops, and we don't know what the real motive of them is.

[mardaed]

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?

I think they only do that to promote their own project to every individual here in crypto. As you can see those allocating token is limited only for participants. And this token is not enough or not profitable and indeed its such a waste of time and effort.

All they need to do is to get their project to known in public. I think thats whats airdrop is.

[MUG1WARA]

this is part of marketing and each project has a different way to introduce their project to many people, maybe the purpose of all this is just to attract investors because the more holders there will be more investors interested

[Supercrypt]

First of all, this is a marketing strategy. Way of gaining muvh exposure from the crypto community. The amount you receive depends on the participant itself. The higher the participants, the lower the reward.

Then what guarantee do they have that those participant they havedistributed the free token to will take step to directly invest more in the project, although it works for some projects, if the participants see that it is a coin that is promising and have a real life working product for future growth, they will be encourage to add to the amount of airdrop token they get since most airdrops are usually little in quantity.

This method doesn’t work for all projects as you don’t know how financially buoyant the participants in question is for them to commit their fund directly when we still have so many projects in the market that are doing the same. So, how many of those projects will the participant invest in?

[KryptoKai]

Airdrops are good if managed properly. It means that there is a core group willing to promote the coin for free. If managed badly they will dump the token at any price

[trauchot]

This of course very often happens and nothing can be done about it, for such situations you need to have a good referral network and then everything will be fine or of course you can sell your aidrop tokens at etherdelta or forkdelta.

[AjithBtc]

Airdrops were just an added way of promoting the project, providing few amount for performing certain tasks that will get more people know about the project. Earlier airdrops too have made people rich. There are more number of airdrops that haven't got distributed. Very few find it a better way to promote and use this in a very effective manner.

[kaya11]

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?

To increase the liquidation of the new alt, I somehow understand what they trying to do. When I was at the early stage of crypto, it was way back 2017, I don't know why they give free coins to anonymous users and it includes traders and holders. I was one of the person who was given an airdrop and when it goes live on an exchange I somehow feel to buy more, and yes I did bought some and I think this was the one of the reason for an airdrop. When the time you got the coin you search for their credibility if they got a promising project etc and then you somehow feel it was safe to invest on, I don't know if other people did this too but airdrop is a simple step of knowing crypto space.

[FoBoT]

Airdrop is giving part of the project coin/token to non investors in order to expose and promote the project.
Airdrop makes more people to be aware of the project in question and increase the coin/token holders which is necessary for the investors.