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Author Topic: Airdrops Confusion  (Read 1202 times)
GreatArkansas (OP)
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October 21, 2020, 11:25:17 PM
 #1

This thought just comes to my mind especially these days, with a lot of altcoins doing airdrops or giving away different altcoins.

But I got some confusion here when the "airdrop" term used.

Because for what I believe the meaning of "airdrop" is a way of giving a free coin/s to some wallet addresses without seeking any investment or doing nothing.

Are those spreading all over around especially in this forum known to be an "airdrop" is considered an airdrop or bounty campaign since some of those are requiring people to fill up some of the forms or need to sign up or follow some social media accounts, etc?
Since you did some task or work to get those coins.

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October 21, 2020, 11:31:20 PM
 #2

It is a bounty campaign for me,

We all know that airdrops are sending their tokens for free so everyone will be aware of that new cryptocurrency. But these people who are running airdrops are just taking advantage of the people, requiring tasks like to become part of their social media or what.


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October 21, 2020, 11:44:05 PM
 #3

I don't know since when that term appeared. But the point as an Airdrop / Bounty hunter is how to get coins / tokens for free and the risk is just a waste of time. the difference is, Airdrop only carries out one task and waits for distribution, while Bounty requires daily consistency with the rules or conditions until it's finished and waiting for distribution.

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October 22, 2020, 12:03:27 AM
 #4

This thought just comes to my mind especially these days, with a lot of altcoins doing airdrops or giving away different altcoins.

But I got some confusion here when the "airdrop" term used.

Because for what I believe the meaning of "airdrop" is a way of giving a free coin/s to some wallet addresses without seeking any investment or doing nothing.

Are those spreading all over around especially in this forum known to be an "airdrop" is considered an airdrop or bounty campaign since some of those are requiring people to fill up some of the forms or need to sign up or follow some social media accounts, etc?
Since you did some task or work to get those coins.

it seems to me like a bounty since there is a limited spot for a certain coin people should fill-up the form, and once a certain number of people is reach, the form will be close, but I'm more curious where is all the information like of a member goes, for example, a fake airdrop or bounty disappears
is it deleted or given to someone?

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October 22, 2020, 12:07:20 AM
 #5

Basically they are giving away altcoins to the people who registered for it, probably the term airdrop is not really fit for this but bounty or airdrop there is no difference since we are receiving something which doesn't have any value yet on most of the occasions.
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October 22, 2020, 01:15:31 AM
 #6

Should not be called airdrop because when there is a task to be done it is considered as a bounty. Maybe because the task are few and it will be done for a few minutes so they call it airdrop. But for me this is still a bounty, better term to use is a mini bounty than an airdrop.

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October 22, 2020, 01:19:26 AM
 #7

This thought just comes to my mind especially these days, with a lot of altcoins doing airdrops or giving away different altcoins.

But I got some confusion here when the "airdrop" term used.

Because for what I believe the meaning of "airdrop" is a way of giving a free coin/s to some wallet addresses without seeking any investment or doing nothing.

Are those spreading all over around especially in this forum known to be an "airdrop" is considered an airdrop or bounty campaign since some of those are requiring people to fill up some of the forms or need to sign up or follow some social media accounts, etc?
Since you did some task or work to get those coins.

You can call it a giveaway with little work. Even in airdrop participants needs to do a certain task like join a group, like, follow and retweet or share. Actually, airdrop bounty all of these are some kind of giveaway but just their way is different. Some projects giving away other alts but no matter what both are money and can be exchanged. So the giveaway is the right terms.

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October 22, 2020, 01:31:20 AM
 #8

They are just using the word "AIRDROP" to make people believe that its a total free money but in reality, they are just using it to lure more people and to ask people to follow their social media accounts and sometimes ask for the personal details of the participants.

Airdrop should be a total free money, all you have to do is to input your wallet address and you'll get the reward, if they ask for something then that is a bounty work for me.
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October 22, 2020, 02:09:33 AM
 #9

Its a task in exchange in tokens so its almost bounty. But If you only need to follow social media account then its the same as airdrop you will also follow it even they don't ask you because you have thier tokens so you need to know any latest news on the project.
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October 22, 2020, 02:20:18 AM
 #10

In my understanding airdrop and bounty campaigns were different. Airdrops are separately allocated funds for the purpose of spreading the cryptocurrency on different social media platforms. In simple to be part of airdrop participants are requested to spread about the particular token/project on Facebook, twitter and so on. This will be paid based on the proof the participant provides.

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October 22, 2020, 03:54:03 AM
 #11

This has always been a confusion here in the forum since the beginning of referral campaigns (around 2018). Just look back in 2017 and you'll see that some projects prepared airdrop campaigns that actually give free coins/tokens without the need of work. Now, referral campaigns and some bounty campaigns are disguising themselves as "airdrops" even though it's not free as you have to actually work for it and you'll most likely waste your time.

If a project ask for you to do things besides asking for your wallets (not keys), then it's not airdrop. Airdrop is suppose to be free and people shouldn't work for it because giving free coins/tokens to people is actually an advertisement itself to the project.
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October 22, 2020, 05:36:23 AM
 #12

In the end, as long as the user doesn't have to pay and the user gets tokens for free, that's an airdrop for me.

Sure, if they do tasks or similar, then that's bounty.

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October 22, 2020, 05:41:08 AM
 #13

Most of the Airdrops don't worth it, because a lot of people get into it and when there is no rank between them all of them can just get a few stakes, That is why I choose bounties better, where it is different and we can try for bigger stakes, usually airdrop just come with a small task that you can do in a few minutes but in bounties, you should do it for some weeks, maybe.
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October 22, 2020, 05:47:56 AM
 #14

Many Airdrop requires a lot of information and you need to do many task just to receive a cent of $, its not worth it if you're planning to participate. Looking for many comments here, it looks like the we mislead Airdrop especially the hunters who are looking for more airdrop, it become a bounty now. Well, some big airdrop didn't ask for anything at all just like on UNISWAP, maybe a surprise airdrop is a lot more worth it than to those new projects who keep on asking for your personal information and asked you to follow their social accounts, that's a bounty job.

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October 22, 2020, 06:02:51 AM
 #15

These day6s I think the Airdrops are the biggest scam. While they are going to distribute the free coin so why they need some data of the participants also they are seeking many personal data of the participant in their form. Everybody knows that only the address is enough to get the coin. So, I never participate in any kind of airdrop which is seeking personal data other than the address and the Telegram user ID.

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October 22, 2020, 06:13:08 AM
 #16

This thought just comes to my mind
[~snip~]
Since you did some task or work to get those coins.

I find it funny that it "just" came into your mind. This problem is here for years.
Yes, most so-called airdrops are actually bounty campaigns.
Yes, most give worthless coins or tokens.

Will this continue to go on? Yes, until something really big is done forum-wise, but I don't think that'll ever happen. There's freedom of speech which includes misusing terms (whether it's for misleading or not).
From what I see newbies are still eager to join, no matter they call it airdrop or bounty, no matter how many and how difficult are the tasks, no matter how useful (not) is the coin/token.
I guess that they need to get burned a couple of times to start learning/understanding. (Quite sad).

All in all I don't see it a breakthrough. I guess that people are not so strict with the words, especially as for many English is not the first language and it doesn't matter you call is airdrop, bounty or supercalifragilisticexpialidocious.

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unusualfacts30
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October 22, 2020, 06:19:44 AM
 #17

You are correct. that term was specifically for giving people incentive without any work involved. This was done so to bring popularity to the project. However, it has changed its meaning overtime and now people don't really understand what it means and they use it in return of social media marketing and share private information. From what I have learned these so called airdrops ask for very private information and god knows who they are selling it to. I advice people to be careful and don't sell your private information for few $.

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Snappycoco
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October 22, 2020, 06:35:07 AM
 #18

Ever since I follow some airdrops, it always require something to do like following a twitter page, Facebook page, instagram, and etc. I find it easy so in my opinion it is quite okay to have those tasks before they send coins.
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October 22, 2020, 06:40:28 AM
 #19

This thought just comes to my mind especially these days, with a lot of altcoins doing airdrops or giving away different altcoins.

But I got some confusion here when the "airdrop" term used.

Because for what I believe the meaning of "airdrop" is a way of giving a free coin/s to some wallet addresses without seeking any investment or doing nothing.

Are those spreading all over around especially in this forum known to be an "airdrop" is considered an airdrop or bounty campaign since some of those are requiring people to fill up some of the forms or need to sign up or follow some social media accounts, etc?
Since you did some task or work to get those coins.
I've been into Airdrops since 2018 I guess but only 1% of projects asked people for their wallet address without doing anything other than submitting the address, almost all Airdrops will ask you do join their twitter accounts, facebook accounts and other social media accounts before qualified for payment
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October 22, 2020, 06:41:58 AM
 #20

Airdrops are getting more scams and confusing people the projects bring airdrop to the market to improve but airdrop wants personal data which has reduced the demand a lot from before no one believes in airdrops hacking id with personal data No project is able to give anything without interest. That's why it's best to stay away from airdrops most participants are vulnerable to airdrop.
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