AIRDROPS ARE NO LONGER VIABLE

[Wapfika]

Airdrops were a nice form of promotion back in the days of the ICO bubble. When the entire cryptocurrency market was booming, the prices of tokens distributed in airdrops also went up and everyone could collect nice profit doing almost nothing. It was enough to register by entering your ETH address and confirm your willingness to receive tokens. Unfortunately, but later (during bear market) only few of the projects using this form of promotion succeeded in the market. Most simply fell and the price of their token dropped to zero. Till now it looks like that. Collecting tokens from airdrops is, in my opinion, making your address a regular junkyard. Earning from collecting airdrops for long time is not profitable. For me it is a thing of the past.

Due to risk of being scam thru airdrops  and from campaigns that up to now still didn't paid their participants people lose interest in airdrops even its easy to do by just filling up some details. There are airdrops that still good to be when we invested in a project and was able to meet certain standards like time frame of holding such coin companies will gives us reward thru airdrop, I'm not sure if there are still companies who still do it but It encourages me before just to hold onto my altcoins longer.

[StephenJH]

It has been proven fact for many years, there is no one who considers the airdrop is a way for passive income. It is a 100% waste of time and bounty hunters should find another way for getting free tokens. The given timeframe for distributing the tokens are delayed intentionally in order to scam more and more hunters. Airdrops are controlled by advertisement groups too, they know how to create the ad web which has such juicy methods for attracting new hunters. Thinking outside of the box will help you to find the right answers, just don't give up after the first failure.

[iTradeChips]

The days of good airdrops are over, we repeat that over and over again to those who always say that you can still get rich by joining airdrops. A means to earn coins and tokens, yes, but a way to reach the moon? No. I don't believe that one can get really rich by participating in scams. Only the scammers get rich and it is always those who invest will end up losers. You need to take every airdrops claim of fortune with a grain of salt.

[bounceback]

I don't think so the moment or airdrop have over because right now many airdrop form few second have booming with worth value after list on exchange market, last week many airdrop form announce on telegram channel just give few minute for filling form and if you late you will miss chance how to get their coin. Some of airdrop have good value for selling and could earn more than $30 each from do you fill, some time I got airdrop with sending fee but using BNB as value to get our address and lucky or not depend how faster we are when sending fund to their address, just wait maybe next week will have new airdrop form and always have value for selling their coin.

[istiak2277]

Actually, I was also introduced to cryptocurrency through an airdrop. I was doing airdrop heavily and after some days project were asking for ETH for claiming token. I sent some token to some project but they didn't send our token to us. So after that, I stop doing it and focus on other things. Airdrop still runs in the crypto space and I think it's a great way of marketing but right now it's not worth it.

[longyenthanh]

Airdrops were a nice form of promotion back in the days of the ICO bubble. When the entire cryptocurrency market was booming, the prices of tokens distributed in airdrops also went up and everyone could collect nice profit doing almost nothing. It was enough to register by entering your ETH address and confirm your willingness to receive tokens. Unfortunately, but later (during bear market) only few of the projects using this form of promotion succeeded in the market. Most simply fell and the price of their token dropped to zero. Till now it looks like that. Collecting tokens from airdrops is, in my opinion, making your address a regular junkyard. Earning from collecting airdrops for long time is not profitable. For me it is a thing of the past.

Its already indeed thing in the past and I don't see any relevance in todays situation where majority of those airdrops do end up on being shit and if not they do require much of work for those
free tokens that would be given which it isn't really worth for the effort to be made.

But still there are some which can really give out some still profits but chances for you to hit the pot is less compared to those old days where most likely you will really make out
money into those free tokens but now its total garbage.

Its not a bad idea to receive but be sure that you aren't risking something like your time and effort on making some task for you to be eligible or even the worst where the
team do ask out for some gas fee? that's bullshit.

Exactly. You have noticed one more important thing. As I wrote in an earlier post, in the past you only had to apply for Airdrop - and this is a REAL Airdrop.
Now you get tokens for completing tasks, which is not Airdrop. Developers use this name incorrectly to get the attention of "Airdrop Hunters". These are not really "Airdrops" but normal rewards for completing tasks - in other words, thats are bounty but for less work.

[Nhebu]

Joining airdrops were my favourite pass time before when I started in cryptocurrency specially in this forum. I had joined a lot of airdrops but only few gave me the tokens they promised to be given. Almost all of my airdrops were failed to give the certain amount of tokens at the end of campaign. And if there are tokens, most of them were worthless. Since i was not lucky in airdrops, I never joined it over again because it was a waste of time.

[qazgroup]

They were never viable in my opinion, if a few campaigns have paid good via airdrops that does not mean all airdrops would be like that the hard fact is that almost 99% airdrops are either scam or have no value.

[Gotumoot]

Most of the time airdrops are just being pump at the beginning and most of them would be useless after that pump or be priceless.
Airdrops are only good at the beginning they wouldn't survive for long so if you are planning on earning through airdrop I think you should take profit while you can don't wait till the price drops down or there aren't any buyers at all.

[BDBitcoinExpart]

Yes, you are right. At present there is no profit in airdrop, Bounty. Airdrop, bounty some profit comes and all scam project comes just a waste of time.

[Musekay]

The era of airdrop is fast phasing out. As it stands now, if 100 airdrops are been conducted, the legit ones might not even be up to 10. Airdrop has had it best times. But with the recent surge in scam projects now, airdrop is no longer worth it as before. Some projects even trick users into sending a little amount if token before they can be entitled to the so called airdrop reward. The last airdrop i participated in was the keybase airdrop which was conducted around december last year. And the reward was quite good though.

[Princejebs]

Airdrops are no longer how they are been conducted in the past. Then, you can joined a Telegram group, make a tweet and retweet, filled a Google for with necessary information and your ERC-20 wallet address, if the project is legit, you can easily make $20-$100 but seems project are becoming stiff and wise since ICO collapsed.

Its now done by most top exchanges inform of trading competition, deposit and get a % shares, though airdrop (.) io is still viable but not all listed project is guaranteed with payment. The token may even be worthless if you aren't lucky.

[hossamdz]

totally agree with you , in the past there was just sign up with your erc2 wallet and wait for the money to come , good money but now i think almost all of the airdrops either scam or worthless and only waste of time and effort.

[tyz]

They were never viable in my opinion, if a few campaigns have paid good via airdrops that does not mean all airdrops would be like that the hard fact is that almost 99% airdrops are either scam or have no value.

That's wrong. There were phases where you could have made a couple of thousands of Dollars a week just through bounties. This sounds unbelievable but it was the case in 2017. Simple airdrops brought you $100,$300,$500 each, sometimes a lot more. Those times are over but you can not claim there were not such times.

[posi]

They were never viable in my opinion, if a few campaigns have paid good via airdrops that does not mean all airdrops would be like that the hard fact is that almost 99% airdrops are either scam or have no value.

That's wrong. There were phases where you could have made a couple of thousands of Dollars a week just through bounties. This sounds unbelievable but it was the case in 2017. Simple airdrops brought you $100,$300,$500 each, sometimes a lot more. Those times are over but you can not claim there were not such times.

On the contrary, the time when airdrops pay a good fund are still existence but the problem started from newbies and bounty spammers. Mind you, if bounty hunters elevate their knowledge about crypto and also know how to choose a good project while the bounty manager also have bounty participants restrictions there will be enough rewards for bounty hunters.
Second, there are huge airdrop giveaway organised for Dev and people C++ knowledge.

[Krislaw]

Defi tokens doing airdrops is the most ridiculous thing. They create token, create telegram group and conduct airdrop. Then they go on and edit their contract address to uniswap and then they listed for trading. After little volume, they dump all they have. It's lose for those that provided liquidity and those that bought the coin. No team, no whitepaper, just Uniswap and liquidity.

[Fatemablabla]

I also think the same. These days airdrop worth nothing. They are just waste of time. In 2017 airdrop was a good source of earning. But in 2020 it's not the same. Also the terms of joining a airdrop also changed, people also have been advanced. Many uses bots to register thousands of entry in a airdrop. So, if that airdrop turns legit, maximum participants will not get anything for that bot entry.

[Doranile432]

1. Don't send any penny to any airdrop project asking you to pay first, even if it's just 0.5$ do not send, imagine if thousands of people send 0.50$ per one head for tokens that's Definitely going to be worthless, that's huge money

2. Airdrops is not necessary most times, that's why majority of top projects don't bother using Airdrops, only very few people are interested in Airdrops now because most times they are complete waste of time.

[Geleve]

i remember the airdrops in 2017 and 2018. my wallet were full of crap erc20 tokens. No possibility to exchange. And some of these airdrops were requesting KYC. funny thing.

[mace15]

This is true, there are so many airdrops these days and not worth joining because a lot of fake project. Once found scam and collected huge money from investors they will open another one with a different account, social media, and a lot more. This is a great post you have as awareness to anyone especially to the noob in this industry.