Airdrop Events, Testnet Events is not an investment!

[Lorokan]

Good day Everyone; i am making this thread to share my opinion about a trending issue and to also learn differing opinions as well.
This is about the #SEISCAM trend that has dominated crypto-twitter for the past 24 hours.

What Happened?

Several enthusiast joined the sei wave and participated in different testnet tasks and some ambassadorial roles to support the sei network and also provide valuable feedbacks to the team in hope of being rewarded; but when sei launched and shared rewards; majority got as low as 1$ up to 100$ while so many others received 0 which has lead to an uproared between enthusiasts and sei team.

Below are statements that i think are true about Testnet events and Airdrops

• Airdrop events are free gifts from different projects to perform simple tasks (it surely varies
• The rewards from an airdrop event in most cases are speculative (there's no guarantee if it will be worth 1$ or 1000$ or worth 0)
• Test-net events does not PAY; either it is an incentivized participation or promised rewards; payment is not guaranteed.
• Test-net reward is not promised either.
• Influence-rs make promising test-net threads for engagement.
• It is good to follow influence-rs who make promising threads about airdrop events; but be mindful that nothing is promised.
• Nobody forces you to do an airdrop; Nobody forces you to perform testnet tasks; they are not an INVESTMENT; and you are not owned any explanations

My conclusion; i think it is fine to be disappointed if your efforts is not recognized or rewarded; but i also believe that it is not enough to push slur narratives on social media (it has no effects anyways.)

Also stop blaming influence-rs; if they make researches before making threads for readers; then as individuals, you should also make researches before joining any event (test-net or airdrop); while Remembering that nobody promised you millions for participating in their events.

I am open to differing opinions on this issue; what do you think ?

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[ryzaadit]

Welcome to the free-stuff problem ~XD

I think with these tragedies, make other projects are gonna think about what they're gonna do for (Airdrop) case. All-other project will think to better not giving allocation for Airdrop, that's mean no airdrop at-all.

2023-2024 are gonna make these test-net stuff without airdrop, since other project don't want these happening on their ecosystem.

[SmartGold01]

Airdrop is something that I have never participated or even join by mistake but I have had some ugly post about airdrop which I think is not something you or anyone could put effort to anticipate although it could be rewarding but this doesn't mean you or participants should channel their efforts and thinking towards something big on that particular airdrop or testnet.

Was there a specific amount set for the testnet or was there any particular amount that is being assigned for the event and even as that, they may give rewards according to their future price and dishes out token to their participants which in turns might Worth anything but maybe according to their roadmap and future plans it could worth something very good.

At the end or alongline the participants might see it as something not being sincere with them, and of course where you forced to join the event or take part in the airdrops?

No because they wanted cheap money and how do they think a newly start up project will risk such amount for airdrop without any reserved fund for the event, even if there are reserved fund it would be from their native tokens which doesn't have future of the price at the moment.

[cryptoaddictchie]

They gave their planned airdrops to testnet but the sad part there was a lot of users were given and almost all received penny amounts. Well its not that they not share what they did plan to do. Its just that too many have participated and you just dissapointed with the value of someone amount did.

Thats life just move on and get shots on other. Its not like every airdrop should be worth $1k above always. Airdrop hunters are frustrated but they also consider that event like this is likely to occur too.

[goaldigger]

This is not the first project to fail the hunters, and if you’re a new to that kind of scheme better to get used to it because in bounty hunting, there’s no assurance of profit and you have to accept the fact that the project can be a potential scam and of course not worth it after all.

[samuraijin]

Since 2016 ago and until now the Airdrop has been so tempting for everyone and even at that time it was very easy to participate, plus not using personal money and even just counting Aridrop's fingers using personal capital, different from this year, many Airdrops use ordinary people to  looking for money from everyone, to bribe them to get money from the cost of sending the victims, there Airdrop makers will benefit from what they run, even only a few Airdrops achieve success to run Airdrops, different from the past 2016 where they didn't use  capital to take part in the Airdrop, but everything went well but did not disappoint others, that's why the Airdrop used to be better, compared to the Airdrop this year.

[rhomelmabini]

Well, it will not be the norm now to have these $10k airdrop narratives, but I guess that was just one messed up airdrop and the SEI team didn't handle it well. Probably it's an eye opener to everyone that it's not always sunshine for these airdrops and testnet events and only a handful airdrops will incentivized you for good.

[TimeTeller]

Well, it will not be the norm now to have these $10k airdrop narratives, but I guess that was just one messed up airdrop and the SEI team didn't handle it well. Probably it's an eye opener to everyone that it's not always sunshine for these airdrops and testnet events and only a handful airdrops will incentivized you for good.

For those newcomers, they need to face the reality that airdrops are not their savior nor should be the reason to uplift their economic status.
The situation is now different as compared in the early days of airdrops. You can truly earn good money from airdrops way way back.
I remember the days when the tokens you can get from these airdrops can easily be raded in etherdelta. And now, even ED is dead already.
Instead of chasing these free coins or tokens, better yet, improve your trading skills, look for actual job, or invest in top alts.
Most of the time, you will just be wasting time looking for these airdrops. If such time will be used for other valuable activities, you may get something positive out of it.

[nelson4lov]

The feeling of entitlement is bad and evident in almost all sectors not just crypto airdrop community. It is a reward that can be given or not be given. I know plenty of people who only indulge in crypto only for airdrops. These set of people always feel entitled to rewards even though the protocol in question didn't confirm that there would be an airdrop.

 I remember the good old days where people interact with these chains without the expectations of being rewarded and the rewards then used to be tangible. Now, it is saturated and filled with farmers with entitlement.

[JeffBrad12]

there's so many reasons why the devs themselves didn't disclose what qualifies for their airdrops and how much rewards they will be giving at their early stage of development.
that is to attract so much people into participating into their testing phase as well as trying their blockchain, they are taking advantage of the past successful airdrops and misled people into thinking
that they'd get tremendous rewards from participating into using their blockchain thats the reason many people are so committed into following their airdrops.
had they disclosed the rewards and the qualifier at very early, no one would be interested in trying out their blockchain.

[albon]

What Happened?

Several enthusiast joined the sei wave and participated in different testnet tasks and some ambassadorial roles to support the sei network and also provide valuable feedbacks to the team in hope of being rewarded; but when sei launched and shared rewards; majority got as low as 1$ up to 100$ while so many others received 0 which has lead to an uproared between enthusiasts and sei team.

I am one of the early participants in the Sei tesnet network. I have done many previous transactions on their network, testing and experimenting with many different applications and projects on Sei Ecosystems, joining their telegram and discord, getting many roles, and constantly interacting with their posts on social media and the events they promote, and finally, after a long wait, After I connected my wallet to claim the airdrop, it appeared that my wallet address and Discord account were not eligible to receive the Sei airdrop. Unfortunately, I am disappointed, and there may be many like me in the same situation.

• The rewards from an airdrop event in most cases are speculative (there's no guarantee if it will be worth 1$ or 1000$ or worth 0)

..ect

I agree with you on all of these points that you mentioned. For example, the Sui project did not do an airdrop for the early participants in their testnet network, as they listed their currency in Binance Launchpool only. So yes, there are no guarantees that the airdrop hunters in the testnet network can get an airdrop in the end, It is a matter of luck, and there is no guarantee that the value of the airdrop coins will be of great value or not worth anything in the end.

Projects owners this year have become very greedy  

[FahriZah]

I had already participation lots of airdrop and if i participate 100 free airdrop and completely all task done by airdrop rules than when my payments time and distribution airdrop token/coin than i got payments only 8-10 and very low budget allocation pool when any new project planning to airdrop budget for airdrop participation example if total allocation pool 100k and when payment time than they giving us only 5k-10k allocation pools and so many projects are doing scam without payments get opportunity from every airdrop hunters. And i never joining any events programme like this i have no ideas about event section.

[@sriyan]

Good day Everyone; i am making this thread to share my opinion about a trending issue and to also learn differing opinions as well.
This is about the #SEISCAM trend that has dominated crypto-twitter for the past 24 hours.

What Happened?

Several enthusiast joined the sei wave and participated in different testnet tasks and some ambassadorial roles to support the sei network and also provide valuable feedbacks to the team in hope of being rewarded; but when sei launched and shared rewards; majority got as low as 1$ up to 100$ while so many others received 0 which has lead to an uproared between enthusiasts and sei team.

Below are statements that i think are true about Testnet events and Airdrops

• Airdrop events are free gifts from different projects to perform simple tasks (it surely varies
• The rewards from an airdrop event in most cases are speculative (there's no guarantee if it will be worth 1$ or 1000$ or worth 0)
• Test-net events does not PAY; either it is an incentivized participation or promised rewards; payment is not guaranteed.
• Test-net reward is not promised either.
• Influence-rs make promising test-net threads for engagement.
• It is good to follow influence-rs who make promising threads about airdrop events; but be mindful that nothing is promised.
• Nobody forces you to do an airdrop; Nobody forces you to perform testnet tasks; they are not an INVESTMENT; and you are not owned any explanations

My conclusion; i think it is fine to be disappointed if your efforts is not recognized or rewarded; but i also believe that it is not enough to push slur narratives on social media (it has no effects anyways.)

Also stop blaming influence-rs; if they make researches before making threads for readers; then as individuals, you should also make researches before joining any event (test-net or airdrop); while Remembering that nobody promised you millions for participating in their events.

I am open to differing opinions on this issue; what do you think ?

I will tell you about the recent airdrop from the sei ecosystem. The Sei allocated 3% to the testnet users from their tokenomics. That is 300M sei tokens. but the problem is they have not distributed all the 300M tokens. Currently, they have distributed only 20M sei tokens. That is not good for the Sei Ecosystem.

[Apocollapse]

If there's something easy to be done, it's mean everyone can do it. Why the project need to give a big reward if everybody including a ten years old kid can do same? You must know someone get paid based on their job, if there's a barrier to entry, obviously only some or few people can do that and they will get paid accordingly.

Stop think you can get rich through easy thing, wake up.

[Godday]

I've participated in several airdrops. And it's great when you get paid even if it's just a few dollars. But since I have to do KYC and the tasks are quite difficult, I think Airdrop is no longer relevant.
And for influencers it is very necessary to educate their followers about what they are promoting. Even need to tell that this testnet is not paid. I think openness is important here.

[cryptoaddictchie]

I've participated in several airdrops. And it's great when you get paid even if it's just a few dollars. But since I have to do KYC and the tasks are quite difficult, I think Airdrop is no longer relevant.
And for influencers it is very necessary to educate their followers about what they are promoting. Even need to tell that this testnet is not paid. I think openness is important here.

If you have done sei testnet and linea for sure it will be understand the frustrations on sei community since it takes a lot of time to do the tasks and that took like more than 10 months. Then youll received few $, a lot of my friends did the sei anf completed it. Some of them say, they wont do any hard testnet anymore due to the kind of rewards they did received.

[cheezcarls]

Well, it will not be the norm now to have these $10k airdrop narratives, but I guess that was just one messed up airdrop and the SEI team didn't handle it well. Probably it's an eye opener to everyone that it's not always sunshine for these airdrops and testnet events and only a handful airdrops will incentivized you for good.

I only got an amount of SEI that is good for a couple of Starbucks frappucinos. I’ve joined last April and have incomplete Blocked tasks (16 of 18 including the Humanode).

I wasn’t expecting much because I have missed the most of their previous events like the Act 1 to 4 and Atlantic-1 testnet. I was just in the Atlantic-2 and my efforts are not complete until that snapshot.

It’s still free money for me though. A gift perhaps and I am just grateful. I still continue to doing L1, L2 and L3 airdrops in both testnet and mainnet.

Like what Arbitrum, Optimism, Blur, Aptos and Arkham did in the past that gave insane rewards, I believe there will be some “aces” out there. It’s difficult to hunt them, but at least we have a chance even if it means lesser rewards.

[X-ray]

My conclusion; i think it is fine to be disappointed if your efforts is not recognized or rewarded; but i also believe that it is not enough to push slur narratives on social media (it has no effects anyways.)

My friend has been spending almost 1 year in this shit and he got nothing as he was not being eligible even to receive some token that is worth penny.  The bad habit of hunters. They were thinking their effort will always be rewarded while airdrop still pure speculation. If the dev would be honest and the participant will be reward but if it goes in the different way and it will be another sei.

Also stop blaming influence-rs; if they make researches before making threads for readers; then as individuals, you should also make researches before joining any event (test-net or airdrop); while Remembering that nobody promised you millions for participating in their events.

I don't think blaming those influencers is something wrong. Those influencers were always tweeting about the project by saying "blablabla never miss A airdrop that potentially give you xxxx USD". I do agree if DYOR is a must but hunters lost nothing.
They were only wasting their free time to speculating airdrop.

I am open to differing opinions on this issue; what do you think ?

It's really hilarious to see hunters were calling anything scam once they were not rewarded. It sounds like they didn't know the risk participated in the speculation event like test net testers or retrodrops.

[Lorokan]

The feeling of entitlement is bad and evident in almost all sectors not just crypto airdrop community. It is a reward that can be given or not be given. I know plenty of people who only indulge in crypto only for airdrops. These set of people always feel entitled to rewards even though the protocol in question didn't confirm that there would be an airdrop.

 I remember the good old days where people interact with these chains without the expectations of being rewarded and the rewards then used to be tangible. Now, it is saturated and filled with farmers with entitlement.

It is reported that the sei team had at about 3% of their tokens for testnet events and airdrop; with such public data can we say that participants are entitled? since the team themselves offered "hope" to some extents.

I think one way to tackle this and solve it is by ensuring transparency; for example the layer zero platform amonsgt others (including Scroll) have been skeptical about an airdrop event. So far this year; Only SUI has handled expectations of followers exceptionally; do you think it is a good template for others to utilize?

[yohananaomi]

I've participated in several airdrops. And it's great when you get paid even if it's just a few dollars. But since I have to do KYC and the tasks are quite difficult, I think Airdrop is no longer relevant.
And for influencers it is very necessary to educate their followers about what they are promoting. Even need to tell that this testnet is not paid. I think openness is important here.

At first I also liked participating in the airdrop, because I have to admit that what was done was quite easy, it was clear that the most important thing was that they paid properly and correctly. but after being exposed to consecutive lies, finally you have to be willing to accept not to follow again.
I think you are right that taking part in airdrops is very fun because of the convenience, but if, as you said, at this time you have to do KYC, of course, the rules that have been made are difficult, maybe their actions are to prevent someone from playing fraudulently with double accounts.
but in the end it was returned to the individual, but it is clear that I will definitely avoid any airdrop.