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Author Topic: Airdrops are important  (Read 656 times)
Altcoinsintel (OP)
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December 02, 2020, 08:59:46 AM
 #1

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.
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December 02, 2020, 09:13:27 AM
 #2

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.

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December 02, 2020, 09:27:36 AM
Last edit: December 02, 2020, 09:37:47 AM by Festac
 #3

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

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December 02, 2020, 10:06:20 AM
 #4

^ 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.

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December 02, 2020, 10:14:03 AM
 #5

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.
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December 02, 2020, 10:41:22 AM
 #6

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.
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December 02, 2020, 10:59:33 AM
 #7

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.

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December 02, 2020, 11:03:34 AM
 #8

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 .

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December 02, 2020, 11:25:13 AM
 #9

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.
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December 02, 2020, 11:40:18 AM
 #10

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?

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December 02, 2020, 11:51:24 AM
 #11

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.
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December 02, 2020, 11:59:00 AM
 #12

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.
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December 02, 2020, 12:18:09 PM
 #13

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.

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December 02, 2020, 12:21:01 PM
 #14

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.

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December 02, 2020, 12:50:27 PM
 #15

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.

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December 02, 2020, 12:52:07 PM
 #16

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
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December 02, 2020, 01:00:59 PM
 #17

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
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December 02, 2020, 01:04:59 PM
 #18

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.

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December 02, 2020, 01:14:59 PM
 #19

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.
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December 02, 2020, 01:25:48 PM
 #20

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.
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December 02, 2020, 01:32:29 PM
 #21

Honestly people are walking away from Airdrops because they make no sense anymore, it's a good way for new projects to advertise their tokens and attract more investors but they are highly disapointing this days as many of them are so low in value, making all your efforts a complete waste of time, the most annoying part is Airdrops that ask for KYC verifications, not worth it IMO

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December 02, 2020, 01:42:33 PM
 #22

Airdrops have indeed become a characteristic in a project promotion. And indeed, in general, projects will use this airdrop program to attract investors. The absence of Airdrops will certainly be a question for investors, because this is something that is unusual. So the presence of airdrops in a project is actually important, apart from helping with promotions, these airdrops are already attached to the project.

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December 02, 2020, 01:52:58 PM
 #23

In fact, airdrops have been an important aspect in most of the successful crypto projects as it is the initial step which takes any project to the community. People get know the project and start to read or research more on it after that. But due to the scams which took place in last few years, people lost their faith in airdrops and now we see a low participation as a result of it.

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December 02, 2020, 01:56:04 PM
 #24

Airdrops aren't so important anymore and I don't blame the idea behind airdrop itself but new projects trying to use airdrop to create good awareness, the amount of tokens they are giving up for airdrop participants are too low, you will be lucky to make up to 20$ joining Airdrops nowadays, they makes no more sense to me, bounties are way better than Airdrops and majority don't care about Airdrops anymore

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December 02, 2020, 02:03:55 PM
 #25

I don't think airdrop is worthy of your time because for me it was not. Most of the airdrops you will get are coming from new projects and you don't even know if they are promising or not. Let's say yeah there are still goods ones but more likely they are not that good as what you think of. In my experience, I only barely get a decent profit from airdrops and there are some cases that their tokens are hard to be get listed, it takes time thus it makes worthless. Find another way to earn cause airdrop will be just a waste of time.



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December 02, 2020, 02:09:50 PM
 #26

I agree that airdrops are an important part of the project's advertising, it allows you to attract a large audience of users, unfortunately, there are no such high-profile airdrops as in 2018. One of the most high-profile was the distribution of EBTC, I managed to sell them almost immediately on etherdelta and get more than $ 1000 in ETH. I hope there will be more such airdrops.
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December 02, 2020, 02:59:21 PM
 #27

Airdrops are important to new projects. Airdrops will increase the number of engagement for a particular project and even make such a project known to all sundry. If airdrops are handled well by the project manager it will really help the new project to gain a larger engagement

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December 02, 2020, 03:43:45 PM
 #28

Airdrops, giveaways are a part of the promotion of a project. It helps a lot mainly for increasing social media followers and site registrations. Yes, it's important but if you take a look you can see, some project is still doing well without any airdrops, again some project did not listed in any exchange yet after a huge airdrop. So it important or not is dependent on the project if a project takes it in a positive way then it's important for them. When a project runs an airdrop only collect people informations, and steal money this also important for them but in a Negative way.

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December 02, 2020, 03:47:16 PM
 #29

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 transactions. so what is the need of getting the airdrops since you spend half of the earning to exchange the token.
Exactly, airdrops are nothing less than wasting time. As you have mentioned above that people have joined airdrop and if you're lucky then you'll get a chance to earn $10 to $15 through that airdrop and half of the amount needed for the transaction's gas fees, so there is no need to put your time for the airdrops because it is not worthwhile.

Although with good planning by the team and allowing only community members that can bring quality to the project it will help. Community matters and an airdrop until recently might have been $10 as you say but I have an example in my mind where it was way more than that and I have analyzed it and found that the airdrops helped this project create a better community that helped, in turn, to create a good price and develop into something better.
This can be done if a few people find a hundred more that spend just an hour every day for the community. What every project lacks is this and with the thousands we have today we see no community and no support in most of the startups.
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December 02, 2020, 03:56:32 PM
 #30

Well yes it is important for the project if they manage to run it correctly or effectively, most of the airdrop right now are only running an airdrop just for the sake of having an investor then suddenly will just go away and scam them.

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December 02, 2020, 04:04:54 PM
 #31

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Well, you're not wrong, but you're not correct also.
Airdrops are mainly used nowadays to fill the telegram channels with fake people, so that the project looks more interesting than it actually is.
I know alot of airdrop providers, and basically that's just it. They get people who immediately mute the group.
So is it a good marketing tool? Fuck no, it's not.
Could those funds be used better? Yeah

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December 02, 2020, 04:10:20 PM
 #32

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Well, you're not wrong, but you're not correct also.
Airdrops are mainly used nowadays to fill the telegram channels with fake people, so that the project looks more interesting than it actually is.
I know alot of airdrop providers, and basically that's just it. They get people who immediately mute the group.
So is it a good marketing tool? Fuck no, it's not.
Could those funds be used better? Yeah


Your point is valid airdrops are not working as they need to do because we have some good number on bots on telegram and other social media sites they are ruining these very badly so projects need to spend their money of airdrops in better way instead of these airdrops because this is very important for their project to hilite in some better and solid way through different channles.
If they feel or have time to spend then surely they can bring some small tasks or any thing relate to this for giving their tokens because in airdrops they have no real users.
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December 02, 2020, 04:51:12 PM
 #33

In the year 2018, I also received many airdrops and earn good money as well from those airdrops after 2018 till date many airdrops came, and more than 90% of airdrops are not listed or just totally worth not more than 1$ so they are useless. Even airdrops help to increase the social community of the project. We can't say it will again important like in early 2018.

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December 02, 2020, 05:02:00 PM
 #34

Airdrops are pretty useless in 2020 because this form of advertising earned more negative than positive response from the past occuring so people is going to get negative thoughts about their project when they are launching their Airdrop promotion.

And social media and other useless stuffs create only spam about a project so it is not advisable when someone is serious with their project promotion, no more free tokens.

I think, you are right, bro !!
for now, airdrops are a trick that cannot be tolerated. although initially their goal was to try to promote on a broad scale. Some of these projects were good, but failed in ICO.
I finally stopped participating at Airdrop and focused on participating in the autograph campaign. although there are quite a few signature campaigns that carry out scans. but I always try to be careful in choosing and sorting out which campaigns really guarantee .

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December 02, 2020, 05:07:05 PM
 #35

Airdrop is important for most projects because it's another way for them to be advertised but it's getting useless for us who join it. There are lots of scam airdrops these days that we're just thinking of it as a waste of time. As for me, airdrops aren't worth joining anymore not unless they would pay us fairly and accordingly. Airdrops that we have these days are too different from the Airdrops that we had before because scammers are now using it to fool people.
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December 02, 2020, 05:22:31 PM
 #36

By themselves, airdrops are good as a way to make yourself known to projects that are not yet well known. They allow you to increase the number of their followers without resorting to high costs while promoting their coin to the masses. But due to a large number of fraud, they are losing their relevance.
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December 02, 2020, 05:23:21 PM
 #37

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Goood for you cause for me I just wasted also my email address just to be flooded by some malicious emails that would just seemingly just try to phish me and bait me into their site to put my wallet in only to find out that my wallet balance is empty already because I was baited, and good thing I wasn't able to be fully baited to their site as I was already aware what's going on.
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December 02, 2020, 05:37:59 PM
 #38

Airdrops good only if the intention is fair distribution among communities but usually a shitty airdrop always demand so much for something so little which worth nearly as much as dust.
If there's no harm on following all these airdrop it's always worth to try and not to mention that airdrop shouldn't go extinct but we just need to kinda filter out all the bad airdrops out there.
If any regulation about stopping airdrop from requiring important private data then that'd be great.

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December 02, 2020, 05:44:25 PM
 #39

By themselves, airdrops are good as a way to make yourself known to projects that are not yet well known. They allow you to increase the number of their followers without resorting to high costs while promoting their coin to the masses. But due to a large number of fraud, they are losing their relevance.
maybe now the airdrop has lost the trust of many of its participants and of course that's a natural thing because many people have experienced fraud by many airdrop developers before, the impact now is that even a good airdrop is suspected of being an aidrop which is indicated as fraud and the reality is now These airdrop participants are no longer as many as before. I personally think that now airdrops are no longer a good way for developers to introduce their tokens and it is time for token developers to find the right way to restore the crypto community's trust in the token tokens they develop.

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December 02, 2020, 05:57:55 PM
 #40

I do want to see startups creating their own icos in the future. However, i dont want them to use airdrop as a form of marketing. Aridrops sucks, honesly. It does not spread the knowledge of a project to the people. Only bounty hunters and ignorant people join the airdrop which harm the project a lot.

In my opinion, if you are serious with project, dont open airdrop. Use real ICO and real marketing methods so as to persuade customers to invest in your project
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December 02, 2020, 06:25:08 PM
 #41

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.

Lets really hope that this would happen again soon because most Airdrops right now are just getting KYC's then they will come up with a news that would cover up their wrongdoings even though its just clearly getting information out of users. Airdrops were essential to boost the hype on most Alternate Cryptocurrencies in the year 2017-2018 and must be kept that way if they want to properly promote new Cryptocurrencies.

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December 02, 2020, 06:32:13 PM
 #42

Airdrops is good for bootstrapping a community, a well structured airdrop is ery good and we have many examples of successful projects that started this way, this issue now is that 90% of the airdrops now are scams or useless tokens just want to create tokens in the name of having one.

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December 02, 2020, 06:35:11 PM
 #43

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

All of these are true airdrop was used in order to gain attention and to attract investors but right now I don't think they are the same as before whenever I find an airdrop all what I can think is a scam or worst project the last time I participated was I think I receive a token that has no value at all.

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December 02, 2020, 06:38:30 PM
 #44

Aridrop is part of the project's marketing strategy to investors, but in recent times aridrop has often caused only a discount on the project. Because aridrop is often released to people with little interest in the project, people often sell as soon as they receive a reward.


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December 02, 2020, 06:54:31 PM
 #45

Airdrops is one of the ways in which projects leverage on to promote their ideas to potential investors, so if it is not important I do not think any project team will ever think of it.
The thing is, airdrops always plays a role but nowadays, project teams are changing the nature of airdrops, that is, after getting the right promotion they want, they will refuse to pay and give many excuses. Another is, scammers now see airdrops as a means to make money, that is, on one hand, some will launch an airdrop so as to get attention of people who will support their private sale or presale only for them to be scammed, on the other hand, some will launch an airdrop only to scam their participants through asking for transfer fees and so on. Therefore, considering all these shortcomings, one will tend to wonder the Importance of airdrops, but however, there are projects which launch a bounty program as well as airdrop, which means that, for that to happen, shows airdrop is worth it but participants needs to be careful and selective of the type of airdrops they participate in.

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December 02, 2020, 07:07:21 PM
 #46

  • Better distribution in many wallets
Firstly, airdrop was important to startup project which are willing to advertise and increase their social media followers for the purpose of exchange listing and others but better distribution in many wallets was never part of the importance of airdrop better still it increase coin/token holders.

Airdrops will get better as long as the altcoin market is rising and new projects appear.
Airdrop will get better if startup project team create an innovative project rather than editing or emulating previous project concepts.


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.
Uni airdrop was just an act of uniswap giving back to their customers and the last time i checked 95% of all the people that benefitted from the airdrop dump their token already but uniswap manage to manipulate the price.


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December 02, 2020, 07:26:03 PM
 #47

One of the things airdrops do is to kick up trading activities on exchanges when eventually listed to provide volume. Trading volume is one of the things traders look at when buying tokens/coins. There are some projects which don't run ICOs or presale, just airdrops. For projects like that, you can't over emphasize the importance of airdrops. Yes, quite alright we can say that most airdrops this day are worthless and the valuable ones are very few with tiny bits of airdropped tokens given out. Most times, the promised airdrops aren't even given out. The scam projects end up just getting receivers data.

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December 02, 2020, 07:28:21 PM
 #48

airdrop is done so that the project can be see by many people and can bring in investors but not all airdrops are of good quality there are even some airdrops that only take advantage of situations to deceive many people keep careful in following or investing if you don't want to suffer a lot of losses
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December 02, 2020, 07:31:58 PM
 #49

Airdrops are really important for most projects, because new start-ups always need some free ads. And it`s really easy way to talk about new projects this way, but unfortunately, many people don`t believe in airdrops, because many people went the same way, they completed a lot of airdrops and didn`t receive any tokens. Interest to airdrops is high only among newbies, but experineced people don`t do it and it`s a pity, because new start-ups can`t be supported by crypo-savvy members and often projects die

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December 02, 2020, 08:08:32 PM
 #50

 It makes no sense giving out your individuality for airdrops. KYC for airdrops is a big no for me. What annoys me most about airdrops is that they end up being shitty coins. I prefer not doing it at all, no matter the dollar amount promised

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December 02, 2020, 08:20:21 PM
 #51

It makes no sense giving out your individuality for airdrops. KYC for airdrops is a big no for me. What annoys me most about airdrops is that they end up being shitty coins. I prefer not doing it at all, no matter the dollar amount promised

yes, KYC is not good to any airdrop project,
and i will not joined any airdrop campaign that ask for money to pay the gas fee to receive the airdrop reward and for me thats not a real airdrop campaign, because the real airdrop campaign will not ask for money

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December 02, 2020, 09:00:15 PM
 #52

Speaking of airdrops, I honestly hate to say that airdrops are cheap, and a waste of time. That's my main reason why I never join or take part in airdrops because the prizes are small, and most of them require participants to send gas to claim tokens. I hate that kind of airdrop. but I missed the UNI coin. 1000 : 1 airdrops which are the biggest airdrops in crypto history in my opinion.

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December 02, 2020, 09:06:47 PM
Merited by TimeTeller (1)
 #53

I feel like they used to mean a lot in 2017 and 2018 but now most airdrops aren't worth it. I know that I got some coins for free for owning bitcoin and those coins were worth nothing. Like for 10 thousand dollars in bitcoin staked I was getting 5 dollar in some shitcoin.

This amount is not even worth the time needed to set up the wallet. You could say that it can pump, sure, but how many of you have time to sit and wait every day for that coin to pump 2x so you can earn another $5?
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December 02, 2020, 10:48:21 PM
 #54

Is true airdrop is very important because is the best way of creating awareness but is sad the good days of airdrops has fade away, majority of airdrop these days are total scam, some will even steal KYC details and still refused to pay, i just want to advice those still hunting for free drops to be very careful with their data.

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December 02, 2020, 10:57:59 PM
 #55

airdrop is only important for their project, and not important to me because the reward from the airdrop is also insignificant compared to the bounty project is not so bad. the current airdrop is not like in 2017, last year I only tried to participate in 1 airdrop & only got $ 3- $ 4. from there I started to stop.

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December 02, 2020, 11:10:50 PM
 #56

It could be important if that also gives importance to the participants and value but that was very impossible and that obviously we saw that almost airdrops are worthless. I'm not certainly hating airdrops as I was also benefiting it last 2017 but that was the only coin I receive that has a good market value while the others are not.

I can't imagine how people get stress in participating in airdrops until now but receives nothing. Not a waste of time, but totally wasted.
We can't get back to 2017 and we can't expect that it will hit on the market.



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December 02, 2020, 11:31:16 PM
 #57

In my opinion it's important because it's a way to attract new investors through sharing. When you receive an Airdrop you will recommend it to your friends and to all possible people through social networks, forums and other means of dissemination. I believe that Airdrop helped the great rise of 2017 by showing everyone the prosperity it had at the time.
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December 02, 2020, 11:50:31 PM
 #58

Airdrops are known for their low pay. however, some of them can be effective in enhancing communities because of simple rules and a frequently used model is by invitation. I just hope that Airdrop can pay more so we are more enthusiastic in sharing / invite. because if a lot of Airdrops with little profit and we post them on our media, we are considered spam by the public.

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December 02, 2020, 11:56:33 PM
 #59

Airdrops are known for their low pay. however, some of them can be effective in enhancing communities because of simple rules and a frequently used model is by invitation. I just hope that Airdrop can pay more so we are more enthusiastic in sharing / invite. because if a lot of Airdrops with little profit and we post them on our media, we are considered spam by the public.

And most of them are really spam.
It may be important for the project to spread the word regarding their services.
However, for the hunter, usually they are just wasting their time chasing these worthless airdrops.
Very few emerged to be valuable in the market and most of them ended up trash coins or tokens in your wallet.
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December 02, 2020, 11:59:09 PM
 #60

Is true airdrop is very important because is the best way of creating awareness but is sad the good days of airdrops has fade away, majority of airdrop these days are total scam, some will even steal KYC details and still refused to pay, i just want to advice those still hunting for free drops to be very careful with their data.
Some airdrop hunters don't send their real identity to NID. Actually no one can agree to send KYC information for some cents or valueless tokens. Only UNI tokens airdrop was the big but the rest of the airdrop must be held to get real profit. Airdrop is very easy to submit, that's why airdrop hunters are available. Airdrops are important only for huge wallet holders.
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December 02, 2020, 11:59:31 PM
 #61

I agree that airdrops are very important to make projects attractive to many people, even though airdrops only provide a small
amount of money. But airdrops are the most effective way to turn projects into hype, based on my observations, projects that
hold airdrops will usually be easier to attract people. Airdrops are also the easiest way to get free money, therefore there are still
many bounty hunters who are interested in participating in airdrops, although the rewards obtained are relatively small.

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December 03, 2020, 01:35:02 AM
 #62

Airdrop is a good way to promote projects but it is prone to cheating. I can see a lot of participants before who uses multiple accounts that is why I quit because it is unfair for those who legitimately take part in the airdrop.

It's not the airdrop that is to blame, but the forum allowing multiple accounts and ignoring scams that do not benefit it.

Organize a different way to distribute coin other than a discussion forum and the scams should decrease. 

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December 03, 2020, 03:01:34 AM
 #63

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.

Airdrop can be needed if it doesn't depend on the developer. but to introduce and market it is very good an airdrop is held but with a limited quota

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December 03, 2020, 03:16:32 AM
 #64

Is true airdrop is very important because is the best way of creating awareness but is sad the good days of airdrops has fade away, majority of airdrop these days are total scam, some will even steal KYC details and still refused to pay, i just want to advice those still hunting for free drops to be very careful with their data.
Some airdrop hunters don't send their real identity to NID. Actually no one can agree to send KYC information for some cents or valueless tokens. Only UNI tokens airdrop was the big but the rest of the airdrop must be held to get real profit. Airdrop is very easy to submit, that's why airdrop hunters are available. Airdrops are important only for huge wallet holders.

Most hunters don't like risking their personal details just for airdrops because many of us have done that before but still ended up being paid with valueless coins which are really not worth it. It's better to join airdrops with lesser risk where we don't have to do KYC or use our personal social media accounts. Airdrop is indeed important especially for those who are starting up a project for them to be advertised but since we're not getting paid right I think grabbing better opportunities here would be worth it.
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December 03, 2020, 03:18:57 AM
 #65

Speaking of airdrops, I honestly hate to say that airdrops are cheap, and a waste of time. That's my main reason why I never join or take part in airdrops because the prizes are small, and most of them require participants to send gas to claim tokens. I hate that kind of airdrop. but I missed the UNI coin. 1000 : 1 airdrops which are the biggest airdrops in crypto history in my opinion.
Agree, until now I have never participated in an Airdrop for reasons like you mentioned, I saw my friends who joined Airdrop and after getting tokens, it was only a very small reward. I consider it a waste of time and effort to only get $5 - $10. Especially if Airdrop requires participants to provide KYC, then you should stay away from it.

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December 03, 2020, 03:27:18 AM
 #66

Airdrops are not very important currently all the airdrops are scammed these will usually depend on the projects can't pump the market which leads to scams bounty campaigns from airdrop are in a good position in the market. I started airdropping at first but later stopped by kyc they steal personal information which is a new strategy to scam them this is why you have to stay away from airdrops and it is very difficult to manage projects among their teams.
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December 03, 2020, 04:58:07 AM
 #67

^ 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.
At the present time the majority of aridrop is garbage and is not worthy of wasting time on it.
Most of the aridrop are scams, they just want to collect people's information. Sometimes there is an aridrop that will pay, but it will be a pile of trash in your wallet


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steampunkz
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December 03, 2020, 05:03:12 AM
 #68

In my opinion, they use airdrop to attract people and also to promote their social media pages, Like joining Telegram for the airdrop. But still, 90% of  frees coins or tokens are not worthless, People are abusing to fool investors.

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December 03, 2020, 09:45:06 AM
 #69

It could be important if that also gives importance to the participants and value but that was very impossible and that obviously we saw that almost airdrops are worthless. I'm not certainly hating airdrops as I was also benefiting it last 2017 but that was the only coin I receive that has a good market value while the others are not.

I can't imagine how people get stress in participating in airdrops until now but receives nothing. Not a waste of time, but totally wasted.
We can't get back to 2017 and we can't expect that it will hit on the market.
I feel like the same way. They are not only wasting their time and hopes to it but most especially they are risking their personal info due to compliance with KYC. That's why I'm considering why many people are still hooked in this one. Imagine all the sacrifices they did in exchange of a sh*tcoin in the end. That was so unfair, right? Is "FREE" too powerful which makes people wasn't able to resist?

It doesn't matter if we are in 2017, 2020 or whatsoever. As long as there are people who are willing to join, the airdrops will stay. So for me, I think it was the opposite. Airdrops could boom this year or next year because of the fact that btc nearly beat its ATH this year. Fraudsters can definitely use this on their advantage.

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December 03, 2020, 09:56:12 AM
 #70

Majority don't care about Airdrops anymore, only newbies that still don't understand how unworthy Airdrops are today will join Airdrops, they are not worth the time because the rewards are always under 1$, if Airdrops aren't rewarding anymore why are new projects still using airdrop campaigns to attract people? It won't work cos almost everyone have wise up, it's better if devs start using social mining or bounties
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December 03, 2020, 03:11:30 PM
 #71

I feel like they used to mean a lot in 2017 and 2018 but now most airdrops aren't worth it. I know that I got some coins for free for owning bitcoin and those coins were worth nothing. Like for 10 thousand dollars in bitcoin staked I was getting 5 dollar in some shitcoin.

This amount is not even worth the time needed to set up the wallet. You could say that it can pump, sure, but how many of you have time to sit and wait every day for that coin to pump 2x so you can earn another $5?

it is true, currently airdrops are very time consuming, energy consuming, and thoughtful. very irrelevant as last year. if following the airdrop isn't quite one, we have to achieve more to avoid a scam. It's possible to find out that this is a quite memorable UNI airdrop. And for next year, is there still an airdrop that really guarantees? .. I am not sure.

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December 03, 2020, 04:49:26 PM
 #72

Airdrop are good if truly they are giving it for free and project is legit. Airdrop is not that important because base from my experience it is just display in my wallet. Also I do not trust giving out my personal data just to earned. If I remember airdrop before is good many people earned from legit project but these days a lot of scam so to avoid these we have to be careful.
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