Airdrops are important

[Altcoinsintel]

I have taken part in many of them and since 2018 there have been some that paid a few tokens that I am still holding and many had failed, didn't pay or never reached an exchange.
With the ending of the ICOs in 2018 almost all startups


I think that airdrops are required to increase the base of holders and supporters for a startup cryptocurrency project.
It helps the new projects in many ways and it is the best marketing for them. Airdrops help a project like this:

• Social media numbers and followers
• Better distribution in many wallets
• Better fanbase
• Advertisement and brand name recognition

For the last two years, there have been only a couple of airdrops distributed to participants' wallets and there have been a few even asking for KYC something that I'm not willing to do but it is up to how someone values his private data. Energi was a project that paid good airdrop and required KYC.

Airdrops will get better as long as the altcoin market is rising and new projects appear. Although with DeFi what happened left me uninterested as many scam projects instantly appeared in a couple of days.

Startups should have a better selection of how airdrops are distributed, excluding certain behaviors, and having a secondary selection of people that have the potential to help the project and provide additional value.
The UNI airdrop was distributed to anyone that used this platform. It is how airdrops should be performed to exclude thousands that would only care to dump at any price and did the minimum to help.
A quiz, participation in AMA, and getting knowledge of the project is more important. Airdrops should be active and have something more than just follow on social media.

I expect in the new year thousands of new startups to appear in the cryptocurrency space and perhaps a revival of the ICO is possible. We can now better identify the scams and expose or ignore them and follow the startups that are developers trying to create something that could help the world.

Airdrops will be more important soon again.

[raidarksword]

I also believe that airdrop is important because it's part of the community promotions of a certain project and that method is securely effective to gain community members and recognition in the crypto community. Airdrops have gone so far since my first earning of crypto came from airdrop as well and that's what make a good start to promote a project. Who would thought that UNI airdrop have made huge impact to people who helped uniswap to provides liquidity in the platform and many got much rewards with that airdrop.

[Festac]

I also believe that airdrop is important because it's part of the community promotions of a certain project and that method is securely effective to gain community members and recognition in the crypto community. Airdrops have gone so far since my first earning of crypto came from airdrop as well and that's what make a good start to promote a project. Who would thought that UNI airdrop have made huge impact to people who helped uniswap to provides liquidity in the platform and many got much rewards with that airdrop.

Uniswap airdrop is a one in a million opportunity in crypto space because Airdrops are Ninety nine percent time wasting events, you can't boldly join Airdrops for as little as 10$ today unless the project is very good, most Airdrops I joined since 2018 gave me 1$ to 4$ max, i only earned over 150$+ from origin protocol airdrop this year too, another perfect example of one in a million opportunity in airdrop hunts

[Sirait]

^ for you Airdrop is important but for me, it's just a waste of time. the maximum profit I got from Airdrop was only around $ 20 in 2018 then after that everything was shit and just made my wallet look dirty.

Airdrops are indeed part of the community and one of the best ways of marketing, but also a way to deceive good hunters because the obligations that hunters have to do are not difficult.

[SaRmY]

I am afraid that with a sharp rise in the market. A sharp increase in fraudulent projects will begin. Which will pull our passport data. It is difficult today to look for a quality product in this market. I did not participate much in airdrops. Although I support all forms of reward in the cryptocurrency world.

[Rodeo02]

Airdrop is just a way of a new project to have strong community but most of the time instead of having a strong community they become looking for money both owners and airdrop participants thats why more of them failed . Because of mass selling from person who recieve the free tokens and the owner that only want to have free money from the tokens he create.

BTW that kyc is not secured way to have free tokens you are exchanging your identity for small percent they give to you as rewards.

[zidanw]

Yes they are important before for recognition but now they are being use by the scammers to take advantage to bounty hunters such as increasing their followers, trying to ask the airdrop receiver some small amounts and more.

[kotajikikox]

If Airdrops is treated right and nit for abusing then yeah this is one of the most important part of having Business here in crypto or even outside because in this the Company are being published and advertised largely .

But the problem is that Most of it now are just cheating the community by requiring KYC and then some are even asking for Gas or transaction fees.

Yes they are important before for recognition but now they are being use by the scammers to take advantage to bounty hunters such as increasing their followers, trying to ask the airdrop receiver some small amounts and more.

Not only that because the Bounty hunters are being used for those scammers to Bait many victims as the Hunters are the one who publishing their project .

[Altcoinsintel]

BTW that kyc is not secured way to have free tokens you are exchanging your identity for small percent they give to you as rewards.

Yes I am completely against KYC for anything. I mentioned one airdrop that asked for KYC and paid but I wasn't clear. Airdrops with KYC are to be avoided and anything with KYC too.

[fvb]

I also believe that airdrop is important because it's part of the community promotions of a certain project and that method is securely effective to gain community members and recognition in the crypto community. Airdrops have gone so far since my first earning of crypto came from airdrop as well and that's what make a good start to promote a project. Who would thought that UNI airdrop have made huge impact to people who helped uniswap to provides liquidity in the platform and many got much rewards with that airdrop.

Uniswap airdrop is a one in a million opportunity in crypto space because Airdrops are Ninety nine percent time wasting events, you can't boldly join Airdrops for as little as 10$ today unless the project is very good, most Airdrops I joined since 2018 gave me 1$ to 4$ max, i only earned over 150$+ from origin protocol airdrop this year too, another perfect example of one in a million opportunity in airdrop hunts

I don’t understand how you make $ 150 on airdrops.  Personally, I did a lot of projects, but I ended up with a maximum of $ 10.  This is from one project.  Basically, I didn't get anything, as most are scammers.  Out of 100 airdrops, only 10 paid. The trend is very bad.  Do you do everything in a row or do you choose, that is, analyze the project?

[DarkDays]

I expect in the new year thousands of new startups to appear in the cryptocurrency space and perhaps a revival of the ICO is possible. We can now better identify the scams and expose or ignore them and follow the startups that are developers trying to create something that could help the world.

I think the era of ICOs is completely gone - no revival will take place. This is because all the benefits attributed with Aidrops as you listed initially are filled in by the newer version of ICO's - i.e. IEOs , staking and liquidity providers. These all work to reinforce a community driven tokenisation, distribution and maintenance. You can read more about these subjects if interested, you can just Google it - there are plenty of resources explaining them.

But to cut to the chase, no Airdrops are not coming back, or at least not at the level they once were. DeFi is shifting this focus away, and leans more towards IEOs, staking and liquidity provision which fulfil the advantages once presented by Airdrops.

[Tervelatuk]

I don’t understand how you make $ 150 on airdrops.  Personally, I did a lot of projects, but I ended up with a maximum of $ 10.  This is from one project.  Basically, I didn't get anything, as most are scammers.  Out of 100 airdrops, only 10 paid. The trend is very bad.  Do you do everything in a row or do you choose, that is, analyze the project?

maybe you wrong in airdrop program , actually only qualified project that will give us good amount as reward and previus legit airdrop was origin . many airdrop hunter get alot from this campaign. if we didnt received enough reward its normal because they have no fund to make their token expensive for example bring it best exchanges.

[BayAngelo]

this is a wrong advise to follow. Airdrop are baseless and useless. what and how do you intend selling or sending a token that worth 5usd or 7usd to exchange or use a swap exchange when Ethereum gas fees are crazy at the moment. you might spend half of the money you earn in transaction. so what is the need of getting the airdrops since you spend half of the earning to exchange the token.

[coin-investor]

Airdrops are good if they are similar to that of Uniswap, no KYC, decentralized with usage and already in the market, this is the kind of airdrop worth participating, I do like airdrop but I don't like KYC, because it's very risky to give your vital information to people, so lucky that Uniswap did not ask for KYC.

[perla]

They are not that important I've seen some good and successful project that didn't do an airdrop but in the end they still managed to be successful I think if your project is really that good you don't need to have an airdrop before someone would notice about it.

[cytpoway121]

There are no doubts about the importance of airdrops; the only scenario where there are doubts is related is when it comes to identifying genuine airdrop campaigns; and also how to join airdrops and also understanding the kinds of airdrops available. Uniswap gave platform users 400 UNI token as airdrop, while key base made participants download and set up their airdrops to earn too.

and there are airdrops that steal your personal information and then vanish

[Atang Sulaeman]

In the past, airdrops were eagerly awaited by bounty hunters, because they were very clear and definitely paid and would definitely be fiat money to use, but now the average airdrops is just a scam to raise funds by reason of postage but for the sake of results. The existing airdrops has no price, and for KYC that is needed at any time, it will only be used as data theft

[cryptoaddictchie]

For me its not necessary. Projects do airdrop to have exposure of their concept but its not necessary if the project has a lot of demand and engagement on their platform.

I've also participated on countless airdrops before and even know but only few chosen one. I can say that airdrop now are not comparable with the giveaway before that you can actually gained huge value from it. Now with recent gas hike it seems reward are not even worth to trade it.

[tarable]

Yes I am completely against KYC for anything. I mentioned one airdrop that asked for KYC and paid but I wasn't clear. Airdrops with KYC are to be avoided and anything with KYC too.

True, any free program is not worth asking for KYC from every participant who helps it, but if it's for a good exchange or a clear exchange, I don't think it's a problem to give KYC, because it's for the convenience of the exchange user, but if it's for Airdrop it will be very fatal and if given real KYC data, that person is very stupid.

[darkphoenix2610]

Airdrops are important to new projects, this is a way for them to grow their social media groups organically and it's one of the best ways to spread the brand awareness of their project. In such a way, they can encourage possible users or investors. So mostly are launching it.