Can we talk about airdrops?

[BernyJB]

So I searched the forum and online. The world seems to be divided (not surprisingly) between airdrops lovers and haters, and not much in terms of actual data a newbie can use.
Could anybody please help me out?
What are they?
Are they good? Are they bad? Are they worth it?

Any info (ANYTHING) will be greatly appreciated.
Thank you all in advance. 

[Charles-Tim]

What are they?

Free giveaways like in coins or tokens. Which can even actually be fake coin or token that will remain dead from the beginning and not becoming tradable.

Are they good? Are they bad?

Some people are smart and have actually collected fee airdroos. But the danger is more.

First, you can be asked to pay VIP fee, it that airdrop again (free giveaway)? No. You will pay for it and no coin given, which means you have been scammed.

Another is that you will be requested to provide your email or other personal information (kyc). Do you know just only email can be used to scam you? Scam through text message or call is also possible. They know you are novice, they will not give you any coin. You would have forgotten and not link it to an email that you will be sent some days, weeks or months after which are actually from scammers, called phishing email. The email is gotten by scammers from the airdrop form you filled without you not given any coin or token (even very risky if you were given as it can still be useless and is worth nothing). The email would contain a malware link or a phishing link to input your seed phrase. If you click on the phishing link, you have been scammed.

Are they worth it?

In my opinion, they are not worth it. Especially by not knowing the risks involved, many people have become the victim of scammers through airdrops. Some airdrops remain not tradable. Some remain shitcoin, not worth anything good.

Learn how to avoid scam. Do not pay 2 to get 4, it is a scam. Nearly all airdrops are scam and someone can directly or indirectly end up being an airdrop scam victim.

[mocacinno]

Here are the airdrops currently littering my ETH address
https://etherscan.io/address/0xD65400079AdAba8cCcaD4f3D20D21f13B6240514#tokentxns

Nuff said

No, for real... In the beginning, there might have been some tokens airdropped that were actually worth a couple of bucks (but not more than that). Then came the scams (those guys that tried to get their hands on your private keys), then came those bounty campaign thingies, then came the worthless spam airdrops.

If i had to give you some advice: sure, from time to time you might get a couple bucks worth of tokens airdropped, but it's probably not worth your while... Forms, administration, gas fees, exchanging,... just to get a couple of cents... It might be a better idear to focus your energy towards something that gives you a guaranteed profit instead of having to grind trough so many worthless tokens (and risk getting scammed along the way if you're not super carefull).

[sheenshane]

What are they?
Are they good? Are they bad? Are they worth it?

Before, back 2017 or 2018 airdrop was worth it too much.  I remember I earned $200+ in just one single airdrop project but now, it's totally nonsense and not worth it.  It just wasting your time, effort and it could be your personal might be at risk.  It's more task than giving a free giveaway, considering this isn't an airdrop that I've known before.  That's the reason why I stopped being an airdrop hunter, it's a lot of tasks before you will get their fancy token and none of them has been successfully having a value in the market. 

Plus another factor is, the Gas fee of ERC20 tokens is very expensive, though you will receive a token in airdrop worth $20 the fee to transfer your token to exchange, isn't completely worth it.

[IIrik11]

i feel they're useless.

you basically promote them to various platforms.

in the hopes that they'd reward you with something that might or not hold value in future.

plus, i have seen ones that ask for kyc later.

so, absolutely not worth it.

[BernyJB]

Thanks for the replies.
Well, the thing is I am super careful, and I've been going crazy for the last 2 months trying to get even a single buck to start investing, so at this point my energies are running kinda low.
That, and I have a few bad experiences (like Binance lying shamelessly through their advertising, claiming they support ARS, which they don't) that also made my life a bit more difficult, so now airdrops are looking better by the minute.
I'm a Linux user, and very paranoid (you can say "careful"  ), so malware is not (much) a concern, and paying fees is just impossible for me, even if I wanted to.
In any case I hate going in blindly, which is why I'm asking. Thanks again.

[mk4]

That, and I have a few bad experiences (like Binance lying shamelessly through their advertising, claiming they support ARS, which they don't) that also made my life a bit more difficult, so now airdrops are looking better by the minute.

Literally any job right now is better than claiming airdrops. Done are the days that projects just give out tokens that end up actually being worth something. Airdrops today has moved to giving tokens to users of certain protocols; which is a lot better if you ask me(far less spamming everywhere).

[Oceat]

i feel they're useless.

you basically promote them to various platforms.

in the hopes that they'd reward you with something that might or not hold value in future.

plus, i have seen ones that ask for kyc later.

so, absolutely not worth it.

Those days are gone where some airdrops would give you a profit but it's hard to find one nowadays and it's not worth to waste your time. Better find a job than risking and wasting some time to catch a good tokens yet the chances are too slim that you would get in return.

Those kyc thing is a big no for since airdrop in the first place doesn't have value because of what the devs are doing. They require something from the users who accepted the token which is most likely I found as a scam/spam asking for a payment before you could withdraw.

[Smartvirus]

~snipe~

Like the topic of this thread states, Airdrop as its theme.

Airdrops are basically tokens that are just dumped on your account or wallet following some little task you must have done for a startup project. In most case scenarios, this Airdrops comes without any value but promises which are 1 out of a 100 cases fulfilled (mind you, there isn't a statistics in place to prove this but just an assumption based on what is mostly observed).
In very few cases might an Airdrop come up to fulfill the promises on it or add woke value to it bit then, the possibility of everything crumbling right back to the dirt is always at the corner.

Though, it never comes without the some risk as, it could turn out to be some phishy site, phishing for your privacy details like, ID, through kyc and some other verifications that could result in getting your debit card details, email and password plus, at times you get linked to some platform on social media where your sent a bug through some link to click.

In most cases, airdrops aren't worth the stress as, they often change there smart contract and you've got your be upto date on all info about the token or project. So, you could save yourself the stress and look out for shits that aren't free!

[KingsDen]

Airdrops can be during an ICO as an advertisement or campaign reward.
Airdrops can be a compensation for loyalty.
Airdrop can be harmless.
Airdrop can be harmful.
Airdrop can be a waste of time.
Airdrop can make your dream come true.
Remember: I hear some merits were Airdroped.
As long as crypto exists Airdrops will exist.
If you want to be an Airdrop expert. Get a new system with new emails for that purpose. You never can tell what 5yrs will hold for you.

[Stalker22]

As a matter of fact, 99% of the time taking part in airdrops is just a waste of your time and effort, so you are better off doing anything else as opposed to participating in airdrops. "Airdrops," as we know them today, aren't exactly airdrops anymore, as most of them require you to perform certain tasks to qualify. Those days when airdrops used to be worthwhile and free are long gone. These days, they are often advertised as free money, but are really just a way to get you hooked on the project and to promote it on social media.

[Anguwa]

So I searched the forum and online. The world seems to be divided (not surprisingly) between airdrops lovers and haters, and not much in terms of actual data a newbie can use.
Could anybody please help me out?
What are they?
Are they good? Are they bad? Are they worth it?

Any info (ANYTHING) will be greatly appreciated.
Thank you all in advance. 

I will like to share my little knowledge I have about Airdrop.
Airdrop is a cryptocurrency method used as a means of advertising or sharing some information as well as introducing the coin to the entire crypto world, also its a means given out the new token as a means of Giveaways also a reward to the hardwork by the Airdrop participants. Some Airdrop are really good and from a very strong team that are realy ready to make the project real. Moreover, some Airdrops are scam and if care is not taken, some scammers get some details to scam imdeviduals.

[Rikafip]

Airdrops today has moved to giving tokens to users of certain protocols; which is a lot better if you ask me(far less spamming everywhere).

Yep those actually make sense, as you are rewarding those that are actually using your platform. Due several quality airdrops like Uniswap and ENS, people nowadays started to using just about anything, like doing 2-3 trades on any shitty dex just in case they decide to do an airdrop. I have couple of friends (that have higher six figure number in crypto) but still doing those, in hope that another Uniswap-like airdrop will happen.

[sunsilk]

They are not worth it if you're just someone who hunts them and signs up and waiting for the airdrop. Because projects that have this type of rule are probably not going to succeed.

But with those airdrops that are giving to their users that have actually used the platform that they promote and part of their utility, maybe, there's some worth on it. I've seen some come and go and those who made a decent amount just with airdrops.

[examplens]

So I searched the forum and online. The world seems to be divided (not surprisingly) between airdrops lovers and haters, and not much in terms of actual data a newbie can use.
Could anybody please help me out?
What are they?
Are they good? Are they bad? Are they worth it?

Any info (ANYTHING) will be greatly appreciated.
Thank you all in advance. 

I think only every 1000th airdrop is worth something a little more significant, I mean it can cover the exchange fee and get you some money. everything else is just a waste of time.
I find on Coinmarketcap a lot of active airdrops, and also added on an almost daily basis. I think it's the easiest thing for you to do, register on there and participate in all airdrops on there. After a month or two, you will know much more about airdrops based on your personal experience.

[TelolettOm]

Are they good? Are they bad? Are they worth it?

If this is about airdrops right now, I will say:
- It is few airdrops that are worthy and also legit.
- Most of them are shits, scams, and also not-legit airdrops.
Moreover many of new airdrops are only used to promote new shit projects by offering some few tokens as the rewards. We can see so many airdrop programs moreover in telegram channels.
But one more, be careful and selective to choose or join airdrops. Never continue if they ask you to send any money or coins into their wallet in order to claim the reward and others.
Moreover, they commonly will ask for KYC, be careful and I will prefer not to do YC for airdrops only.
Only few airdrop that is from promising new good project or existing project that will worth the rewards.

[Rruchi man]

A close friend of mine won in an airdrop then when "airdrops" were not so everywhere like they are now, that was how i first heard about airdrops. I have never tried it, but right now, it is everywhere and there are too many airdrop hunters and fake airdrops. you may be lucky, if you try out some airdrops, who knows? but don't get your hopes too high.

[Darker45]

The entire community is divided in terms of whether airdrop has some worth or not primarily because we have seen both of the extremes. There are a handful of airdrop tokens that really soared in price value but there are also countless of airdrop tokens that remain garbage from the beginning until their death.

So what would you rather do now? How would you react in the face of such data?

It would help to know that there are many airdrops happening literally every single day. If you care to participate in each one of them, I guess you'll have your day full. And that does not even include the time to take a more detailed look at the each of the project that conducts the airdrop. And that's necessary if you really want to sift all of them. After all, with airdrops you are looking for a needle in a haystack. You'd either spend all your day joining all of them or spend all your day taking time to scrutinize which one has potential and which one is pure trash. Either way, you could be completely wasting your time.

[Jawhead999]

The first thing you need to know is there's no more airdrops, but it's a bounties.

A real airdrops all you need is creating account on their sites or write your address to receive the coins, no more than that.

While now they're ask you to retweet, like, shills, using his service (trade or review) etc etc it's pretty much a bounties. In bounties they can scam you or they can paid you, but most of them are worthless... only 1-3/100 are legit project.

[pooya87]

The problem is that what you see today is no longer "airdrop" they are just calling it that!
An airdrop used to be exactly what the name suggested, a new project was created and in order to let people easily start using that cryptocurrency the developers or anyone who had some of that coin gave some away for free with no strings attached.

Nowadays what they call an "airdrop" is a job that you have to do which is almost always advertising their project all over the internet and then they pay you for that job with a useless garbage they created out of thin air for free!

In either case "airdrop" has never been an investment method or a way to make money. Not in early days nor now.