Wexnident
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October 27, 2021, 02:17:05 AM |
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Well, Airdrops are something that companies do to spread their name but pretty much people can easily take advantage of it, and heck those companies don't even properly plan out their road map after the airdrop, which inevitably makes those tokens they released worthless. There are some airdrops out there that are good but they're pretty rare. It's pretty close to a one in a million chance imo. Worth the time? Maybe, but it depends on what you're actually spending your time with. If you're not doing anything, I guess doing some airdrops here and there is fine and all but honestly, you're probably better off doing something else.
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Darker45
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October 27, 2021, 03:08:07 AM |
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There are many sides to the issue of airdrop, but it is now largely reduced to free tokens or free money, unfortunately. That's why it has now become a thing for newbies or hunters. Actually, I wouldn't say 100% of airdrops are not worth it. But it's definitely around 99.9%, primarily because of how toxic the crypto market has grown. There used to be a time when projects use airdrop as a legit way to achieve wide distribution of tokens. The wider the token distribution is, the wider the network, the better. Moreover, there were also airdropped coins that have achieved significant success. But, again, you need to waste your precious time in order to find that needle in a haystack. That is my token ... had to drop the price to low as possible to get rid of the "weeds" ... from airdrop campaign ...now i will raise price again ...and let it go naturally ... demand and supply ... What do you mean your token? Your creation or your gathered tokens from participating in the airdrop? If it's the former, I'm afraid you have too much control over it when you said you could drop the price low and also raise it high afterwards. It cannot go naturally from that point.
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bitterguy28
Full Member
Online
Activity: 2170
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“FRX: Ferocious Alpha”
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October 27, 2021, 03:13:39 AM |
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I still don't get it why there are still many people interested or even spending time even if they are not getting paid or being scammed by those airdrop company. it looks like they are getting use of being a victim than spending their precious time in more appropriate and usable time. or maybe their time is not really precious so they can spend in pointless and worthless things like airdrops .
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bittraffic
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October 27, 2021, 03:26:00 AM |
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I once got a valuable airdrop years ago on WAVES platform I remember the token "MERCURY" which I also sold early. It's free and with about 10,000 tokens for $0.08 price I guess that's good enough to have something from free tokens.
Today it's hard to find an airdrop that is really backed by a team. Most of them are just scams asking for your email and data. Airdrops also will not work to start an ecosystem, everybody will just dump it all.
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paxmao
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Do not die for Putin
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October 27, 2021, 09:45:39 AM |
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Well... yeah, "that kind of proof". The airdrop is just a factor of many on how a token or coin will perform. They certainly create awareness and encourage people to open a wallet. Also they tend to create liquidity, admittedly sometimes the wrong kind of liquidity. However there is so much more to that to a successful project that stating that airdrops, in general, do not work would require a much in depth analysis.
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Oasisman
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October 27, 2021, 10:41:59 AM |
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Some scammers will request for VIP fee to be paid to certain address before releasing the airdrops, the victim will pay but the scammers will not release any airdrop coin and the victim is scammed.
Another airdrop scam is for the victim to pay certain amount of money and the scammers will promise to double it. Who does that? The victim will pay and the scammers will have an exit scam.
Airdrops are supposed to be free tokens, correct? The scenarios you described above sound like they'd only be taken advantage of by people who are completely ignorant of what airdrops are. Honestly, I don't know how they work because I've never participated in any of them. I remember they used to be really hot back in 2018 or thereabouts, and the forum used to have what seemed like endless threads devoted to them--and then it just dropped off a cliff. Yes, it is a free token, and If there are people who actually pay for the airdrops, then I can say they're the dumbest of the dumbest person in the world. Otherwise it isn't called airdrop when you're paying for it. The most common scenario for an airdrop scam is the phishing attack through email or personal messages. Scammers would request you to either log-in to your exchange wallet (phishing website) or input your private keys into a phishing website.
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xSkylarx
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October 27, 2021, 12:04:38 PM |
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Well... yeah, "that kind of proof". The airdrop is just a factor of many on how a token or coin will perform. They certainly create awareness and encourage people to open a wallet. Also they tend to create liquidity, admittedly sometimes the wrong kind of liquidity. However there is so much more to that to a successful project that stating that airdrops, in general, do not work would require a much in depth analysis.
Yes, you are correct, and to me, it's just "Meh." But, since 2015-2016, I believe there have been only a few airdrops (mostly to circulate and also to allow them to test their coin). At the time, a few airdrops were announced, and my friends and I wondered why they were giving money. I said this is garbage, but we tried it anyway, and lo and behold, we made money out of garbage! We were astonished at the time and decided to participate in airdrops, but they turned out to be a scam later on. There are also the newest it was FOX coin think which i earn from it.
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Kadal Ijo
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October 27, 2021, 01:24:45 PM |
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Yes right, airdrops are just a waste of time, I often participate in airdrops programs on various sites and also coinmarketcap airdrops, and when I see an opportunity to become a winner it is very difficult, look at coinmarketcap airdrop, winners are only 1000 while participants reach 100,000 and this is a big advantage for airdrop providers .
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ivankoh
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Buzz App - Spin wheel, farm rewards
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October 27, 2021, 02:22:33 PM |
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Airdrop should only be trusted when it is almost closely linked to the recent coinmarketcap. Some of my friends are quite interested in airdrops in their spare time except me. I don't love the airdrop, the last time I just participated in the whitelist of the pool ido for the community. Lol You can try a few! https://coinmarketcap.com/airdrop/
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Bitstar_coin
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October 27, 2021, 02:44:35 PM |
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Back in 2017 airdrop use to worth something, I remember someone I know got airdrop worth $500 and more, the likes of uniswap airdrop worth thousands as well, it is true that majority of airdrop are worthless and waste of time but in few times there are some that worth it, For those who got the 100 twt airdrop from Binance and hold, that should be above $100 which is not bad. I have since stop wasting my time in airdrop.
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Swopon
Copper Member
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Gamdom
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October 27, 2021, 02:54:27 PM |
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This is surprising that still, people are joining Airdrop to get paid where it is almost absent. The successful projects only pay the airdrop hunters for their contribution or efforts to their projects. But maximum projects didn't pay and some of them just pay which has no value in real life. This does not work for me and I believe that it won't work for others too and the time is almost a waste to me.
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Ngewex Yuk
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October 27, 2021, 03:13:43 PM |
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Airdrops are currently only used by devs. to get large twitter and telegram social media participants with very small capital, for devs. Of course it is very profitable to make investors believe in the project, but for participants it is of course just a waste of time because the competition to become a winner is very tight even with a percentage of 1:1000 or more.
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TIME TO SLEEP
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uneng
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October 27, 2021, 03:45:26 PM |
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Airdrops are currently only used by devs. to get large twitter and telegram social media participants with very small capital, for devs. Of course it is very profitable to make investors believe in the project, but for participants it is of course just a waste of time because the competition to become a winner is very tight even with a percentage of 1:1000 or more.
It's almost free advertisement for developers, although people don't seem to bother promoting these crypto currencies for free, as even the tiniest possibility of making some profit from the airdrop is worthful for them. I've already thought about joining some of those airdrops, but the fact it's not possible to know how much participants are going to be paid to execute the asked tasks made me give up on engaging with them.
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Gudhal Untu
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October 27, 2021, 04:41:10 PM |
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I've followed airdrops and the results were disappointing, just a waste of time and filling groups on telegram, and now prefer to follow bounties on this forum, airdrops are no longer appropriate and are only a means of finding followers on telegram, twitter or other social media for developers.
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Porfirii
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The Alliance Of Bitcointalk Translators - ENG>SPA
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October 27, 2021, 06:41:46 PM |
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Many years ago, when nobody had heard about airdrops before, I was "invited" to the one Decred was going to launch. I was totally new to this field and I didn't have the patience to hold; I haven't calculated neither how much would it cost nowadays, but many thousands of bucks I suppose. When it was delivered, I sold the coins that came out of thin air for way more than $1.000, which was big money for me.
Back in 2017 (and 2018?) there was the boom of airdrops, and many of them were quite profitable, but then everything went down with the bear market, and a flood of worthless airdrops appeared one day after the other, the worst of them asking for little payments in order to get in or even worse: for personal data.
Nowadays I suppose that there will still be a few profitable airdrops, but I don't have the time to research nor the patience to fail in most of them in order to find one of the good ones. The easy opportunity was years ago, I guess.
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dunfida
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October 27, 2021, 06:54:21 PM |
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I've followed airdrops and the results were disappointing, just a waste of time and filling groups on telegram, and now prefer to follow bounties on this forum, airdrops are no longer appropriate and are only a means of finding followers on telegram, twitter or other social media for developers.
Back in the past that it wasnt really that totally worthless compared on now where most projects are totally shit or not relevant anymore.Going back on where you could at least find one or two projects which are good for you to engage on but basing up on the numbers that you are seeing then it would really be hard to determine which is good and which is bad.Also, surprisingly that there are still people who do still get engage with airdrops despite of the condition.
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mdgabrielzim
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October 27, 2021, 08:51:16 PM |
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Usually they ask to fulfill about 5 to 6 tasks, but the payment is always small, I've done several airdrops here on the forum and few of them went over 1 dollar, and it's very difficult to find any that compensate.
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savetheFORUM
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October 27, 2021, 08:52:20 PM |
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Airdrops are a waste of time ...here is the proof ...best way is to leave the coin / token grow naturally ...
Yes that is true, airdrops are mostly a waste of time because there are many people that usually participate in it. The companies that are hosting these airdrops will not be able to give out the coins to everyone that participated in the air drop, so all they’re going to do is to just give out to a few of them and then the rest will go empty handed. So, it’s usually a thing of being lucky, and if not you’re just not going to gain anything after your time and hard work that you have dedicated to it. So, if you’re not ready for that, it is always best to just look for something else to do,than work really hard and at the end you are getting nothing.
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Jaycee99
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October 28, 2021, 01:37:03 AM |
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I second the motion of airdrop being a waste of time
But on the other side, it's not if...
You joined a campaign in which you can earn an Altcoin there if you entered for a campaign there you will want to enter the airdrop to add it on those earn coins campaigns.
If you invest in the ICO and likely you want to add some value on the that its clear airdrop but likely you'll get it when that campaign is over. it's really good if you invest before the campaign.
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Also, I Second the motion saying that it is a waste of time when you do enter on every ICO's airdrop why? and not its bounty campaign.
for example that airdrop you earned you want to get it if found out that the value is lower and the fee you got is much higher so clearly it's a waste of time.
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herizal85
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October 28, 2021, 01:48:40 AM |
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Aidrop is just a free coin token and we can't do much for aidrop tokens so we'll just spend time there, so let's just forget about aidrop and we're just hunting for bounty
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