The Good the bad and the ugly side of airdrops

[tech30338]

Almost everyone of us have made or search for airdrops and made money with just efforts and time
During my search here are some of the few of the past airdrops that i have participated:
Unisawap, Dydx, Muse, Aptos, others just forget but made a profit from them, some of this you need to make some transactions means you have to either deposit or make some trades using their platform, live or testnet.

What are the good side of doing airdrops?
The good thing about airdrops is even without money , or what we call funds to buy tokens coins or bitcoin you can still have a chance for airdrops by doing small task and only consumes time and also small knowledge although some will post the process to do the task which makes it more easier, and then wait for further announcements from them.

What's the bad side?
Well its not necessary that bad after all since you don't need to put in money just to have airdrops, but if you just participate in an airdrop that's just there to gather mass information of the people joining the airdrop that is just free, you just wasted time and effort, and also you will be just wait for nothing, imagine you have join like for example 10-20 airdrops, fill-ups forms sleeping late is so tiring.

What's the ugly side?
I think this was not a good one after all, since you have fill up forms and use your email etc. for this one, you might get expose, and be in the batch of emails that can received malware links, scam links, that might accidentally click, and be a victims of ransom or any form of crypto or hackers getting your precious funds hard earn money or even your other priceless coins maybe eth bitcoin or any other altcoin.

So even though this airdrops are profitable for other people, there is still some downsides that we should always look into, so make sure  research about the projects, if they were really legit, so that there is not wasted time and efforts because we don't know what are really there purpose.

Hope this will help newbies like me to be careful and also enjoy doing this frees tuff without compromising other assets
best way is to ask also in this group because as i ready through other comments they are really helpful and explain everything to others, that's what i like about bitcointalk, information is overflowing, you just have to read and ask.

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[GreatArkansas]

What's the bad side?
Well its not necessary that bad after all since you don't need to put in money just to have airdrops, but if you just participate in an airdrop that's just there to gather mass information of the people joining the airdrop that is just free, you just wasted time and effort, and also you will be just wait for nothing, imagine you have join like for example 10-20 airdrops, fill-ups forms sleeping late is so tiring.

This is already expected because it's really a part of the job. Participating in airdrops is like a game of chance. Before around 2018 I think, airdrops are just very easy to complete, and even how shit the airdrop is there is some value before, it was not really tiring at all if you can get a few bucks on it.
But now, it's already new, very low chance to get an airdrop now but if you are lucky, you can get 1-time big time airdrop.
That's why I am really amazed by those people who are airdrop hunters, they are dedicated to it.

[sulendra12]

Almost everyone of us have made or search for airdrops and made money with just efforts and time
During my search here are some of the few of the past airdrops that i have participated:
Unisawap, Dydx, Muse, Aptos, others just forget but made a profit from them, some of this you need to make some transactions means you have to either deposit or make some trades using their platform, live or testnet.

All of this requires you big effort and you have to actually use the platform to be eligible to get the airdrop. It's safe to say that this type of airdrops always went big especially if it was from pretty reputable exchanges like Uniswap. It was actually a hot pic on uniswap for people to got decent airdrop from that.

What are the good side of doing airdrops?
The good thing about airdrops is even without money , or what we call funds to buy tokens coins or bitcoin you can still have a chance for airdrops by doing small task and only consumes time and also small knowledge although some will post the process to do the task which makes it more easier, and then wait for further announcements from them.

Sure it requires little to no effort. But majority of them are just worth nothing and even if it just takes like few minutes of your life, I would prefer to use my time to something else or participate on something uniswap-airdrop like later if there is any.

What's the bad side?
Well its not necessary that bad after all since you don't need to put in money just to have airdrops, but if you just participate in an airdrop that's just there to gather mass information of the people joining the airdrop that is just free, you just wasted time and effort, and also you will be just wait for nothing, imagine you have join like for example 10-20 airdrops, fill-ups forms sleeping late is so tiring.

What's the ugly side?
I think this was not a good one after all, since you have fill up forms and use your email etc. for this one, you might get expose, and be in the batch of emails that can received malware links, scam links, that might accidentally click, and be a victims of ransom or any form of crypto or hackers getting your precious funds hard earn money or even your other priceless coins maybe eth bitcoin or any other altcoin.

Feel like both of them are on bad side so there is nothing to compare about. Do it with your own risk.
If you just want pray with the luckiness of yours to get decent airdrop there without caring about the importance of identity then go for it, but I would recommend to not to do that.

[cryptoaddictchie]

What's the bad side?
Well its not necessary that bad after all since you don't need to put in money just to have airdrops, but if you just participate in an airdrop that's just there to gather mass information of the people joining the airdrop that is just free, you just wasted time and effort, and also you will be just wait for nothing, imagine you have join like for example 10-20 airdrops, fill-ups forms sleeping late is so tiring.

Thats normal. Every airdrops has bad side, but this one should be expected as the project might not be sincere or real. Some of them uses the hunters to spread thr goodwill of the project and create buzz bu if its not work up then they will simply abandon it. Thats how a new project usually do since they trying to make community and expand it to more and only will give a valuable drops once it become successful.

[len01]

What are the good side of doing airdrops?
The good thing about airdrops is even without money , or what we call funds to buy tokens coins or bitcoin you can still have a chance for airdrops by doing small task and only consumes time and also small knowledge although some will post the process to do the task which makes it more easier, and then wait for further announcements from them.

doing an airdrop is indeed a very easy and free task without having to spend money to have free tokens. but keep in mind that the airdrop is just a task to fill your free time. don't spend time just doing airdrop tasks. because the results of the airdrop are not necessarily able to meet daily needs and it is better to work in the real world (only a suggestion from me)

What's the bad side?
Well its not necessary that bad after all since you don't need to put in money just to have airdrops, but if you just participate in an airdrop that's just there to gather mass information of the people joining the airdrop that is just free, you just wasted time and effort, and also you will be just wait for nothing, imagine you have join like for example 10-20 airdrops, fill-ups forms sleeping late is so tiring.

actually the purpose of an airdrop like that is to gather many people in one group room so that the group looks active and as an airdropper you have to wait a long time for the distribution of airdrop tokens that are uncertain or may not be paid at all

What's the ugly side?
I think this was not a good one after all, since you have fill up forms and use your email etc. for this one, you might get expose, and be in the batch of emails that can received malware links, scam links, that might accidentally click, and be a victims of ransom or any form of crypto or hackers getting your precious funds hard earn money or even your other priceless coins maybe eth bitcoin or any other altcoin.

do not be surprised by such problems. because there are several airdrop scams that aim only to collect emails through Google forms instead of having to fill in for token payments even though there your email is collected and sent an email containing a dangerous zip or malware that causes hacking of your wallet if one day accidentally clicks on it

So even though this airdrops are profitable for other people, there is still some downsides that we should always look into, so make sure  research about the projects, if they were really legit, so that there is not wasted time and efforts because we don't know what are really there purpose.

to research a good airdrop is very difficult. because starting from 2018 I think the airdrop from the telegram bot is just 99% a scam.
and I see that currently there are lots of shitcoin airdrops that distribute free tokens with a large total supply but have no clear purpose and in the end the distributed tokens have no value whatsoever.

Hope this will help newbies like me to be careful and also enjoy doing this frees tuff without compromising other assets
best way is to ask also in this group because as i ready through other comments they are really helpful and explain everything to others, that's what i like about bitcointalk, information is overflowing, you just have to read and ask.

if indeed you like to join the airdrop the best way for me is don't sacrifice email, KYC, money just to take part in the airdrop, it will be safer.

[inanilujimi]

The downside for me is that sometimes we can miss airdrops that are of good value not because we don't do them, but because we do too many airdrops and don't have enough time to get updates, even though the value you get can be very different in just one day.

[Questat]

I was confused about the difference between the bad side and the ugly side because generally, they are all on the negative side.

I was participating in airdrops before last 2016-2017 and I tell you that many participants got their precious rewards which is why it encourage people to join during that time. But after that time and until today when the bear season hits the market, airdrops are useless anymore, many of them are scammy and have no market value. So if we expect we can get any $$$ from joining them, I don't think so.

[Minecache]

So even though this airdrops are profitable for other people, there is still some downsides that we should always look into, so make sure  research about the projects, if they were really legit, so that there is not wasted time and efforts because we don't know what are really there purpose.

to research a good airdrop is very difficult. because starting from 2018 I think the airdrop from the telegram bot is just 99% a scam.
and I see that currently there are lots of shitcoin airdrops that distribute free tokens with a large total supply but have no clear purpose and in the end the distributed tokens have no value whatsoever.

Looks like you've been missing out on a lot of potential airdrops lately like the latest Uni, Para, DXdy or Aptos. I can say that the form of the airdrop has changed, forms like telegram tasks and spam tasks on social networking platforms like the old bounty campaign are gone, it is replaced by testnet or retroactive. About the reward, I don't know if it's big enough for you but for me getting 2k to 3k for an airdrop is huge for example aptos paid to hunters. These are just the notable projects and there are many more with rewards ranging from $50-100 per campaign.

[michellee]

All in all, joining airdrops is okay as long as the airdrops do not require you to fill in complete information about yourself, including sending your personal documents to the projects. That will be too risky to do as we do not know how good the project will be in the future and better to search for the other airdrops if they ask you to fill out the KYC. It is not worth risking yourself by sending them your documents or doing KYC for just a few dollars. Even if the project can explode in the short term, it is still not worth doing KYC.

[Yatsan]

Informations are small thing. They won't ask for your pictures (mostly). Mist of the airdrops I've joined simply asked its participants to create an account on their platform and invite friends on their telegram channel (most of the time), also to share news about their project on instagram and such. There are also contests such as fanarts and more. The only thing which is bad on airdrops, are non-paying projects. Even if you didn't lose money, time is important also the effort of participating. But all in all, personally, I've made a decent amount from airdrops before. Nowadays, I think rewards are not as big as with previous years but as long as it is paying, I see no other reason to participate especially to those who are lacking money to invest.

[Antonas1]

Around 2015-2016, airdrops were fun. You just had to enter your wallet address and wait for the tokens to land there. Since 2017 until now I have never participated in the airdrop event, because they put various requirements and tasks to get it. Especially if the token has no value when listed on the market. If there was an easy airdrop like a few years ago, I'd probably jump in.

[asriloni]

Airdrop actually is having more bad sides rather than good sides. If you are participating in the airdrop and you can only rely with your luck. You can compare how many successful aidrop with failed airdrop. It's easy to avoid the ugly side from the airdrop but agian the result from airdrop actually depend on the various things. People may be lucky enough to get some good things like able to get huge airdrop that worth lots of money but i just wanna try to remind you that if people rarely getting it, Maybe 1 year for 1 legit airdrop.
I have seen bunch of people have been trying hundreds of airdrop and most of them scam. It's up to 97% airdrop were scam. There was a little percentage like 1% from total airdrop refuse to distribute the reward.
Some airdrops were also forcing their users to fill KYC which must be avoided caused by it has potentially to be a scam airdrop that will steal your personal data through airdrop.

[The Cryptovator]

It's quite surprising to me that you don't value your time. You are not investing money, but you must invest your time in order to gain profit from an airdrop. However, you are not valuing your own time. As far as I know, the majority of Airdrops are now scams. Those give out rewards, but the token value is meaningless. It was profitable a long ago. However, airdrop is now solely a waste of time. Instead of Airdrop, we could try something else. It's even not worth the cost of your internet service.

[TheUltraElite]

The good side that the OP talks about is non-existent.

These tokens that get distributed in the form of altcoins, they are mostly shitcoins and they get dumped by their advisors before the airdrop hunters are able to dump at all. Hence they are stuck with a huge stash of such coins in their wallet but no market to sell in.

Also because the supply is so abundant after the airdrop has happened and because the use case of that coin is bullshit, the demand for the coin is almost nil. Again this leads to a zero buying market.

Thus only the bad and ugly sides actually exist.

[joeperry]

What are the good side of doing airdrops?
you can still have a chance for airdrops by doing small task and only consumes time and also small knowledge although some will post the process to do the task which makes it more easier, and then wait for further announcements from them.

So it's not free. You thought it's free because it doesn't include money but for some people time is more precious than the money. Also, you have indicated that most of them only get your information such as email and the other day you it will be raining scam links and ads, the reason is that they already sold your information to other people in exchange for money in other term they make money out of you.

There's actually some good airdrops but expect that most of the airdrops are random shtcoins and teams that would take advantage on you.

Though it can be avoided if thoroughly review the project.

[albon]

What are the good side of doing airdrops?
The good thing about airdrops is even without money , or what we call funds to buy tokens coins or bitcoin you can still have a chance for airdrops by doing small task and only consumes time and also small knowledge although some will post the process to do the task which makes it more easier, and then wait for further announcements from them.

There may be a good side to participating in airdrops, but it depends on luck because over the years airdrops have gained a bad reputation because most of them were a waste of time and you get shit coins that you cannot exchange on the exchange platforms, I agree that participation in airdrop tasks does not need any experience, but the search for legit airdrops requires experience, deep research, and great luck. Therefore, instead of airdrops, we can work in bounties in this forum that is managed by a trusted bounty manager without wasting our time on risky work.

[danherbias07]

I only have two sides.
Good side: Free
Bad Side: You are expecting.

There are times supporters become hardcore that they want to support an airdrop until they die. Wrong!
Take advantage of them. That's all there is.
You don't need to keep on following them and hyping them up in social media.
Their reasons for making money are different than what you expect. A future. After they claim loads of profits from their airdrops they will soon forget you and so do their project. They won't even care.
All this reasoning is from experience.
So, if there's a chance to sell them for a good amount, do so. It's a limited chance.

[$crypto$]

It's quite surprising to me that you don't value your time. You are not investing money, but you must invest your time in order to gain profit from an airdrop. However, you are not valuing your own time. As far as I know, the majority of Airdrops are now scams. Those give out rewards, but the token value is meaningless. It was profitable a long ago. However, airdrop is now solely a waste of time. Instead of Airdrop, we could try something else. It's even not worth the cost of your internet service.

Most of the airdrops are frauds, but what is more clear is that it is a waste of time being wasted just for doing airdrops, even though if we pay attention to working on airdrops to get results, it relies on luck, which is the same as gambling, so it's not clear which one will produce, even though we have worked on and conducted research.

We have to value our own time as best we can with the skills we have that are more valuable, so don't always rely on airdrops. It will be a little disappointing if you don't get results in the airdrops you work on.
Do it in a capitalist way, maybe a trade that can increase the chance of profit.

[Heulahee]

I had joined more than 300 airdrops till now, which include testnets, gleam tasks, joining the waitlist through email, etc, but didn't get too many positive sides, Although only one airdrop that you had mentioned about Aptos give me some benefits and others still in vain, and for me, also there are many malicious mails in my email, which I got through airdrops. So, this is a bad side of the airdrops.

[Bitstar_coin]

Recently airdrops have taken a different dimension where participants need to do more than just follow, like, retweet, and share to become eligible.
If you need an airdrop with future value, you will have to get more involved in the projects day to day activities, interact with their network or something to be eligible.
From what i observed, any potential airdrop projects these days now engage participants more, like engaging in their testnet process or do other tasks that involves interacting with the project which IMO opinion is way better than the usual  follow and get worthless airdrop.