can someone explain to me the motive behind airdrops?

[wumBowo]

~~

it all depends on the ability of the project.

that's why i said either there's a good and a bad one, and your statement above already explained a little bit about it

[kanmo]

I think some developers decide to do airdrop because they want to create awareness for their coin while some greedy developer do airdrop so that they can dump it on exchange and make some fast money.

[flash101k]

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?

Airdrop programs help developers promote their projects or platforms to potential investors. Projects with a platform that attracts many users will attract many potential investors to help the project become better and increase. Building communities through Airdrop makes it more popular.

[Evrolina]

Most of the time,airdrop is conducted to reach out to many at a time in order to have large community,it can also help to have many wallet holding the coin at a time.

[elpiji]

this is part of marketing to attract investors and want to have a large community, this way for 2018-2019 is quite unsuccessful so most of the airdrop only becomes shitcoin

[asder250]

Everyone wants free money and people that are not in rhe market for a time believe that these money are real. But they do not understand expected value and real value.

[cliber]

It's better not to dispute the Airdrop program, let alone the developer in managing and discussing the number of tokens. In my opinion, this is purely their policy. If we don't want to waste time, it's better not to participate in Airdrop. This is only my advice.

[Redemption59]

Airdrop is a more advanced way of marketing or advertising a project to the mass. It has always been a strategy by most project managers in terms of advertising and they end up giving few tokens which are worth nothing to trade making airdrop participants less privileged. Airdrop in a way is really a good source of advertising just that most times, the tokens shared are not worth it to prevent dumping when tokens hit exchanges.

[Stargazer]

Who does this, they are not professional and everyone should avoid those shitty project. Airdrop is a good way to attract crypto people on the project, sometimes only Airdrop hype can make a project successful! We have many proofs of it. I don't think those people are real developers who give 1$ worth token as an Airdrop! And you may look at their success ratio! Most of them fail miserably!

[wdnj]

AIRDROPS GIVE MONEY TO PARTICIPANTS which will give the team and the project...

POPULARITY...
gain more followers on their social media pages.
get more members on their telegram group.
this will call more attentions from investors.

[seleme]

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?

Airdrop programs help developers promote their projects or platforms to potential investors. Projects with a platform that attracts many users will attract many potential investors to help the project become better and increase. Building communities through Airdrop makes it more popular.

That evidence does not explain well the motive behind recent airdrops, it is more centralized around the making money than increasing awareness in my opinion. More than half of the current ongoing airdrops focused to create base conditions for pump-dump.

[superscommessebitcoin]

Airdrop is a simple form of bounty. Bounty is a marketing program that is necessary to attract customers to the project and to distribute it. Airdrop was created for this purpose.

[asyakashi]

Airdrop is a gift for the community. anyone likes gifts even if it's only $ 20.
the goal is to introduce their platform and invite them to use their platform.

[ljane]

I think airdrops create a platform for people to advertise their projects. It also gives the participants money and make the project team gain popularity and lot of followers on social media.

[irixo10]

The true Motive was simple which is to help and upcoming project to gain the right attention and investors. Going memory lane from the onset airdrops were always much or of tangible value, which community members get for promoting their platform, but nowadays it looks like another thing or rather a medium where Devs or team uses community members to achieve their aim while paying them peanuts.

[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?

It's a bad marketing strategy in my opinion.

Let's say if they sent 1m token to 50k addresses then maybe almost 50k peoples will know about the project and those 50k peoples will probably look for the price and will also try to learn more about that project.

Maybe some peoples will convert and will do promotional works (bounty) for them to earn more of those tokens. And from promotion, they may get investors to get funded up their project.

They send such low amount because they don't want peoples to dump the tokens when they will list the token in exchange. It's just a marketing startegy imo, and win win thing for them.

A very bad marketing strategy if I may say. Rather than the airdrops, it's better to engage the funds in bounty which is more effective. They are just encouraging farming with that.

[Ochakemaput]

A very bad marketing strategy if I may say. Rather than the airdrops, it's better to engage the funds in bounty which is more effective. They are just encouraging farming with that.

even in the bounty campaign there is no money we invest. like joining Airdrop, most of us also told us to deposit some of our money. after all we can no longer trust any project.

[skivrmt]

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 that it's made as a part of marketing strategy. But I don't consider airdrops as an effective advertisement. It may have some effect but bounties are more worthy all way.

[meldrio1]

well it's a way of marketing strategy to promote their project and this will attract investors, but I don't know if this is effective.

[Christinebeauty]

Funny enough, most airdrops these days require users to undergo KYC before distributing those peanuts to them. Some people are just airdrop gurus so no matter how meagre the amount is, they will still do it.