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Author Topic: Expected price of an airdrop token if it came from a major project?  (Read 319 times)
BlinkInDie (OP)
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July 02, 2020, 06:57:24 AM
 #1

This is something that I'm thinking, why won't the top 10~top 50 coins do it so that it can help their shareholders multiply their wealth. STEEM did it, and now XEM is doing a 1:1 drop for their XYM which has decentralization features to target the market cap too.
https://medium.com/nemofficial/public-testnet-and-symbol-launch-8470713a7962

Will the project feature push it, or will the mere fact that it came from NEM will most likely push their new token to success.

Will the price of an airdrop token increase significantly if it's under a big project/company? Or does it really depend on how that new token and its team perform?

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July 02, 2020, 07:01:19 AM
 #2


Will the price of an airdrop token increase significantly if it's under a big project/company? Or does it really depend on how that new token and its team perform?



I think both, if its a big project or token, then it most likely already has a solid team behind it. But yes, all these factors can really affect how the new token that will be on airdrop perform.

Having that 1:1 is also a good idea to attract new people to go for their new coin, most projects don't do that.
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July 02, 2020, 09:03:53 AM
 #3

Both is important, but i think team's member is the most important thing, because so many success project out there don't cooperate with major project. And also we see even they are cooperate with major projects but if their team not serious to developt their project, will fail.

And about airdrop with 1:1 ratio, i think this is will give positif impact to major project, but for new token, it depend with team
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July 02, 2020, 12:26:21 PM
 #4

people really don't trust airdrops anymore, there's really a high tendency that people will not get their hard-earned airdrop tokens if the project failed to raise funds.
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July 02, 2020, 01:27:30 PM
 #5



And about airdrop with 1:1 ratio, i think this is will give positif impact to major project, but for new token, it depend with team

It really all falls on the team to perform. The partnerships that they're doing won't mean a thing if both parties don't execute.
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July 02, 2020, 01:43:13 PM
 #6

This means another cryptocurrency that will be made under their banner, right?

Will the project feature push it, or will the mere fact that it came from NEM will most likely push their new token to success.
As usual, the hype starts whenever there are news like this so that's likely that the investors will buy the idea and later on followed by a dump. If you are interested to this project, be sure that you know the whole details and what you're buying.

Will the price of an airdrop token increase significantly if it's under a big project/company? Or does it really depend on how that new token and its team perform?
It increases temporarily but it doesn't last long, just look at those BTT by Tron and other projects that did the same thing.

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July 02, 2020, 02:32:54 PM
 #7

Both is important, but i think team's member is the most important thing, because so many success project out there don't cooperate with major project. And also we see even they are cooperate with major projects but if their team not serious to developt their project, will fail.

And about airdrop with 1:1 ratio, i think this is will give positif impact to major project, but for new token, it depend with team
For airdrop, I think the most important thing is the token or reward coin that will be obtained must be listed on the exchange and can be traded. for a new project then I would not believe they would have a good price in the market.
Until recently, I was very actively interested in various kinds of air drops and at the same time fully complied with the relevant conditions. there were even such projects where registration on the site was required, with full confirmation of their passport data, father-in-law KYC. but for this entire period, about six months, I received only 10% of the total remuneration from all the projects in which I participated. even these 10% of the coins in my wallet have no value in the market. I would like to see at least some rating of airdrops in order to find out real information on how things are with airdrops on the market.
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July 02, 2020, 04:56:45 PM
 #8

This is something that I'm thinking, why won't the top 10~top 50 coins do it so that it can help their shareholders multiply their wealth. STEEM did it, and now XEM is doing a 1:1 drop for their XYM which has decentralization features to target the market cap too.
https://medium.com/nemofficial/public-testnet-and-symbol-launch-8470713a7962

Will the project feature push it, or will the mere fact that it came from NEM will most likely push their new token to success.

Will the price of an airdrop token increase significantly if it's under a big project/company? Or does it really depend on how that new token and its team perform?



It largely depends on the purpose of the new project that the company is proposing. If it's promising, then it'll definitely do well otherwise, It'll be short lived. Anyone who was around for NEO's Ontology airdrop would understand what I'm saying. If the new project brings little to no value, this will affect the performance when it becomes traded in a secondary market. Simply put – projects shouldn't just go around creating sub products/projects, distributing them and then hope for it to do well because it won't. Another point to consider is the community behind the project, if the project has a strong communithat supports such as airdrop (like they did with ONT), price performance shouldn't be an issue.

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July 02, 2020, 09:12:45 PM
 #9

This is something that I'm thinking, why won't the top 10~top 50 coins do it so that it can help their shareholders multiply their wealth. STEEM did it, and now XEM is doing a 1:1 drop for their XYM which has decentralization features to target the market cap too.
https://medium.com/nemofficial/public-testnet-and-symbol-launch-8470713a7962
You got it all wrong because every coins in the crypto space does that but it called hard fork and if you check/read well the XEM dev message about XYM will understand that it a fork coin of XEM automatically every individuals that hold XEM before the hardfork is entitled to XYM in the ratio of the XEM hes holding.

Will the project feature push it, or will the mere fact that it came from NEM will most likely push their new token to success.
The project feature may not push because there are also some projects that alteady offer the features before but the crypto business is broad and people are always after project with unique update/utility.

Will the price of an airdrop token increase significantly if it's under a big project/company? Or does it really depend on how that new token and its team perform?
It depends on the team performance in the sense of making people that earn the free coin captivated so they would be more interested in holding the coin rather than selling it as free money.

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July 02, 2020, 10:10:51 PM
 #10

(...)
Will the price of an airdrop token increase significantly if it's under a big project/company? Or does it really depend on how that new token and its team perform?
I don't think anymore these kinds of token will increase significantly.
Those airdrop tokens for sure are only for advertisement just like what other altcoins did.
For those altcoins that doing airdrop or something like fork coins which you can able another crypto once you own particular cryptocurrency.
This thing is kinda a hype only or advertisement so some people will buy the particular cryptocurrency just to get a forked cryptocurrency.

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July 03, 2020, 09:09:36 AM
 #11

people really don't trust airdrops anymore, there's really a high tendency that people will not get their hard-earned airdrop tokens if the project failed to raise funds.
The golden time for airdrop will not happen again as this time even when it comes from the trusted project and the amount that already offered can be considered as a very small money or even pennies.
Mostly airdrop worth around $10 - $25

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July 03, 2020, 10:00:30 AM
 #12

the investor are the one that make the price  . it does depend on the team but the blockchain from where the token is created wont matter  . many blockchains now , aside from eth but for every each blockchain the success rate is still slim because i still see many failed projects   .

 its hard to predict what will be the value after all  but we can say that good quality projects ( better teams ) have a high value price because compare to the bad  projects ofc
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July 04, 2020, 09:49:16 AM
 #13

people really don't trust airdrops anymore, there's really a high tendency that people will not get their hard-earned airdrop tokens if the project failed to raise funds.
The golden time for airdrop will not happen again as this time even when it comes from the trusted project and the amount that already offered can be considered as a very small money or even pennies.
Mostly airdrop worth around $10 - $25

Agreed. Golden times for airdrops was in 2017-2018 and in that time you could make nice money with it.
Nowadays airdrops are worthless, even if they are worth 50$, you can't do anything with it as 99 % are not listed on exchanges.



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July 04, 2020, 11:39:07 AM
 #14

Maybe the airdrop token will not have much value right now, but if the project is good and can survive at this moment, I think when the market can back to the recovery time, that project can increase higher, and the airdrop token will also have a place to increase. Let's wait for more, and hopefully, the airdrop can have a good price later in the next bull run.

I couldn't see any reasons for an airdrop tokens to reach to an overwhelming price, because based on previous experience I had it could only generate a short term demand. Price might collapse suddenly when trading investors including the hunters will dump their assets. Don't expect too much from an airdrop, they'll just making promises of a huge project but unfortunately telling impossible stories which isn't coinciding to reality.
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July 04, 2020, 12:13:41 PM
 #15



Will the price of an airdrop token increase significantly if it's under a big project/company? Or does it really depend on how that new token and its team perform?


It also depends on how popular the project or business is. For example, XLM, its price will remain the same when they pay for our coin, because it is a famous alts and there are many people willing to buy. And for the bad airdrop projects, there will be more risks for us. If no one is willing to buy, the price of that token will definitely be greatly reduced. It all depends on the popularity of the project or business in the future.


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July 04, 2020, 03:31:47 PM
 #16

Maybe the airdrop token will not have much value right now, but if the project is good and can survive at this moment, I think when the market can back to the recovery time, that project can increase higher, and the airdrop token will also have a place to increase. Let's wait for more, and hopefully, the airdrop can have a good price later in the next bull run.

I couldn't see any reasons for an airdrop tokens to reach to an overwhelming price, because based on previous experience I had it could only generate a short term demand. Price might collapse suddenly when trading investors including the hunters will dump their assets. Don't expect too much from an airdrop, they'll just making promises of a huge project but unfortunately telling impossible stories which isn't coinciding to reality.

That's correct, being that its not very likely for an altcoin that came from an airdrop to reach the top 10's in CMC but if it does come from a very successful project (which is NEM from the OP), it is possible, but it needs to pull everything off perfectly.
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July 04, 2020, 07:06:14 PM
 #17

of course what is expected is that prices do not experience a dump when the airdrop is distributed, everyone would expect that, but for a new project it is usually after listing on a price exchange that experiences a dump

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cassavachips
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August 02, 2020, 02:31:14 PM
 #18

Of course if a large project creates a new project under them and does an airdrop there will definitely be a lot of people participating and the price of their tokens will also be in line with expectations. One example is the Trust Wallet Token, This is a token from Trust Wallet. This wallet is not only famous because it belongs to binance, but because this wallet is really good. All projects must be balanced in anything to achieve the targeted price.
Eddyc
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August 02, 2020, 09:59:40 PM
 #19

Airdrop was once a method of attracting investment that aims to warm up the market and make supporters and investors aware of the blockchain Ethereum or another of great value. However, this type of attraction is saturated and most people receive airdrop and already want to sell without even maturing at their address for possible appreciation. In my opinion should change the style of attracting new investors and reward experienced investors without being an Airdrop.

Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
coinswebid
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August 02, 2020, 10:19:29 PM
 #20


Will the price of an airdrop token increase significantly if it's under a big project/company? Or does it really depend on how that new token and its team perform?


not only for an alts thats distributed by airdrop my friend
but all kind of new project in cryptocurrency is depends on their team, if their team seriously develop the project,
i'm sure, the token is good enough to hold it

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