Manifesto on airdrops trivialization

[velhoti]

In the old days, users used a platform only once and suddenly an airdrop was announced. That happened in the first one, the Uniswap airdrop.

As someone i do not remember said: "what the first did was smart, but is not smarter to repeat currently". And the airdrops become more and more difficult, demanding thousands of crypto transacted, in a lot of transactions during many months. One example was Paraswap, who exclude many users from their airdrop and caused widespread anger.

Coming back to the old days, hunting airdrops was basically to follow few insiders, read the news and use all protocols that had no token. Currently there are thousands of influencers announcing airdrops even from projects that did not comment, projects announcing airdrops before have a product and a lot of noise.

I feel is is getting harder and harder to get good airdrops, when some arrive the tokens are diluted by a huge amount of airdrop hunters not to mention projects that "gamefi" airdrops with tasks and points, terrible.
Maybe it is a wave that passed, not sure about the future of airdrop hunting.

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[libert19]

As people started farming airdrops, it was expected that eligibility requirements will get stricter.

the airdrops become more and more difficult, demanding thousands of crypto transacted, in a lot of transactions during many months.

It goes both ways. In start it was one way to identify and reward genuine wallets (Rather than Paraswap I would say Optimism and Arbitrum). But, eventually, farmers figured this supposed requirement and now they try to farm accordingly, so projects went even further and started excluding wallets which are newly created and have such repeated ingenuine transactions in their wallets. So farmers again went a little further, and they started purchasing old wallets (we have seen few threads like that on this forum). This is never ending game.

Currently there are thousands of influencers announcing airdrops even from projects that did not comment, projects announcing airdrops before have a product and a lot of noise.

Some projects themselves have started using airdrop word as bait while most of airdrop speculation happens on X for engagement farming. Airdrops are hot and it works.

projects that "gamefi" airdrops with tasks and points, terrible.

Don't bother with those, I have not seen a single project rewarding significant amount those who do that kind of stuff.

[bluebit25]

Op, you need to understand that the market reality is always changing in the same way that your awareness is growing. So with the trend of making free money in the crypto market, there have also been a lot of innovations. As competition increases, we will see harsher rules. But there will still be things that really bring large sums of money through airdrops to users, and I can sympathize with those who feel like those unpromising jobs make them feel more pressured. However, patience in this market always has a result that I think is worth it for those who believe in it. Right now, there are many L2 projects planning to airdrop to users, the problem is that not everyone has enough ability to adapt to it to take advantage of the final result for the project side to reward.

[Bureau]

I have never participated in airdrops but after reading so much about them here, I have come to the conclusion they are a waste of time. The amount of money and effort that anyone needs to spend to get a few tokens is not worth it. Unless the value of the airdrop which is bigger than the effort and money one needs. Those airdrops that do come with social media activity are only given to those who can get more users so it is for me, a lottery as there is zero transparency. The last one which is given free of cost are the ones that rarely make it to the exchange.   

[Samlucky O]

I have never participated in airdrops but after reading so much about them here, I have come to the conclusion they are a waste of time. The amount of money and effort that anyone needs to spend to get a few tokens is not worth it. Unless the value of the airdrop which is bigger than the effort and money one needs. Those airdrops that do come with social media activity are only given to those who can get more users so it is for me, a lottery as there is zero transparency. The last one which is given free of cost are the ones that rarely make it to the exchange.  

Same here, I have decided never to participate in any airdrop. Most of them I participated are still in my wallet and I can't withdraw. So of which reason do I need to own something that what nothing. Sometimes they will still need you to unlock it with your money.

[btc78]

This applies to almost everything of course trends are usually taken advantage of people for their own benefits this goes the same way for airdrops

since more and more people are looking for airdrops, more people are offering it

Some projects themselves have started using airdrop word as bait while most of airdrop speculation happens on X for engagement farming. Airdrops are hot and it works.

some influencers just share airdrops even without proper knowledge about it because it’s what’s trending right now

[rat4]

In the old days, users used a platform only once and suddenly an airdrop was announced. That happened in the first one, the Uniswap airdrop.

Airdrops were here before the platform running Uniswap was launched. I can recall ClamCoin made an airdrop to BTC, LTC, DOGE in 2014.

And the airdrops become more and more difficult, demanding thousands of crypto transacted, in a lot of transactions during many months.

This incentivizes a flood with meaningless transactions. Hopefully, privacy-enabled tokens and zero-knowledge finance will eliminate this disaster.

[Husires]

If we compare the number of good airdrops, we will find them with the number, for example, Uniswap, and a small number compared to hundreds of thousands of airdrops, and some of them exploit this event to spread rumors that there is a profitable airdrop and that you will miss the opportunity if you do not join, and all of this is a lie and an attempt to promote and gain downloads/free use.

[Ben Barubal]

  I know that when it comes to airdrops, most of the people who spread them on social media are influencers; most of them are liars, and the airdrops they share are phishing links, so it is very difficult to trust and believe the crypto influencers who share airdrops on their YouTube channels.

  I have seen many things like that, and it has been proven that the influencers who do that are only after views or hacking the accounts of viewers who will believe them. So more caution is also needed. Don't just believe them right away; study first before believing them.

[nelson4lov]

~Snipped
I feel is is getting harder and harder to get good airdrops, when some arrive the tokens are diluted by a huge amount of airdrop hunters not to mention projects that "gamefi" airdrops with tasks and points, terrible.
Maybe it is a wave that passed, not sure about the future of airdrop hunting.

I reckon that with airdrops, it's only going to get harder and harder especially now that there's an army of users who basically just farms a protocol with the hope for an airdrop — no intentional usage and this dilutes the allocation quite well. Uniswap only followed the retrospective route because majority of their users spent a lot of money on gas fees and the airdrop was to compensate for that. Now, it's the norm and some projects have taken advantage of it.

It's only going to get harder and harder. Gone are the days where you can get airdropped for simplying trying out on Testnet.

[MegameSama]

In the old days, users used a platform only once and suddenly an airdrop was announced. That happened in the first one, the Uniswap airdrop.

The good times were when I was eligible for the Uniswap airdrop, at that time I was forced to sell my Uni for $20 because I needed money, but for me it was big enough money to support my life.

And the airdrops become more and more difficult

At the moment there is a trend for retro airdrops, it's a shame that airdrops like this require quite a lot of money, because the terms are usually swap, try features, send and receive transactions. and all of that costs money, especially on the ERC20 network. we already know how much one swap on the erc20 network can last, it can reach $20 when gwei eth is high. now airdrops are not as beautiful as they used to be.

[Sophokles]

In the old days, users used a platform only once and suddenly an airdrop was announced. That happened in the first one, the Uniswap airdrop.

As someone i do not remember said: "what the first did was smart, but is not smarter to repeat currently". And the airdrops become more and more difficult, demanding thousands of crypto transacted, in a lot of transactions during many months. One example was Paraswap, who exclude many users from their airdrop and caused widespread anger.

Coming back to the old days, hunting airdrops was basically to follow few insiders, read the news and use all protocols that had no token. Currently there are thousands of influencers announcing airdrops even from projects that did not comment, projects announcing airdrops before have a product and a lot of noise.

I feel is is getting harder and harder to get good airdrops, when some arrive the tokens are diluted by a huge amount of airdrop hunters not to mention projects that "gamefi" airdrops with tasks and points, terrible.
Maybe it is a wave that passed, not sure about the future of airdrop hunting.

The airdrop criteria are getting more difficult because we are being greedy. They had to take some initiative to get rid of the airdrop farmers. I think all of the projects want to send the rewards to their community equally or based on their level of participation. But some people try to go around the system, so all the projects are trying different measures to overcome these challenges. Legit and loyal users are also affected because of this but if you want some free money you still need to do some contributions for that project. I think this requirements being hard justify this because you are only investing your time in here.

[Wexnident]

~

I guess that's just the benefit of early adopters. It's not exactly odd that airdrops (or exchanges that do say airdrops) have to perform/add a lot more in terms of the amount airdropped and possibly whatever more they can add since they're catering to a LOT more of users compared to the past. Yes, this includes bots, but it's up to them really to determine how to filter said out still, the amount would be pretty sizeable.

Considering all that, It's also understandable why good airdrops are rather hard to find nowadays since, well, the projects themselves usually aren't any good. They usually die off after a couple of weeks of trying to stay afloat, and even if there were good ones, they're ruined by the countless number of botters there are, possibly other influences as well but Idrk about those that inevitably lead the project to a ruin. This causes legitimate users who want to support the project to simply fall off. I mean what can a lone man do when a sea of whatever you'd call botters approach him. Nothing.

[God bless u]

Coming back to the old days, hunting airdrops was basically to follow few insiders, read the news and use all protocols that had no token. Currently there are thousands of influencers announcing airdrops even from projects that did not comment, projects announcing airdrops before have a product and a lot of noise.

I feel is is getting harder and harder to get good airdrops, when some arrive the tokens are diluted by a huge amount of airdrop hunters not to mention projects that "gamefi" airdrops with tasks and points, terrible.
Maybe it is a wave that passed, not sure about the future of airdrop hunting.

Airdrop wave is not passed and still there are some good project which can give very good airdrop in the future and you should not miss them.. If you research then you will knows that in one year many airdrop hunters get a very good amount just by following simple task.. Arkham gives people a very worthy airdrop and task was to just register(2 minutes work).. Arbitrum gives also worthy airdrop and task was to just perform some transaction.

There are still some projects like Zksync, Linea, Venom, Zoro, Scroll which has potential to give airdrop in the future.. You can test and I hope you will get worthy airdrop.

[JayTrain]

It’s clear that this topic is slowly fading away. And sometimes activity needs to be done in some projects very often and costly. For example, when a person may miss some activity in a project, although he did it regularly, and then by chance this point was very important. As a result, wasted time, costs, etc. and no qualifications.

[cryptoaddictchie]

I feel is getting harder and harder to get good airdrops, when some arrive the tokens are diluted by a huge amount of airdrop hunters not to mention projects that "gamefi" airdrops with tasks and points, terrible.
Maybe it is a wave that passed, not sure about the future of airdrop hunting.

Surely it will evolved in due time. I remember how simple airdrop before like filling up Google form and will eventually qualify for the drop and received tokens right away on registered address. But now its a mixture of social and many task before even get to be qualified and some even make it a competition that only top users were be rewarded at all. Now its a race to find which airdrop is good and will not create much dilution due to participants.

[jacafbiz]

I think what happens was that people got greedy, I was told a user used over 1000 addresses to farm Arbitrum Airdrops, no team member will be happy with this, but the scaling up of the requirements is disqualifying small users and this is key for the growth of the network. We are still experimenting with this Airdrop thing and I think people will keep improving on it until it is close to perfection

[jaberwock]

If we compare the number of good airdrops, we will find them with the number, for example, Uniswap, and a small number compared to hundreds of thousands of airdrops, and some of them exploit this event to spread rumors that there is a profitable airdrop and that you will miss the opportunity if you do not join, and all of this is a lie and an attempt to promote and gain downloads/free use.

I think you are saying that the number of good airdrops are much lower than those airdrops who are crap. Good airdrops are supposed to be harder to find, if not because of the coin ranking sites like CMC. I know the feels man about those exploiters. They are using the hype now to take advantage of the innocent people. They are not different to those developers who create a meme coin according to the current trend.

I think there is still a way to tell if the airdrop is a scam or a bad one, and one of it is like you said; if they scare or tease the people to join them. It is clear already that they are desperate and that is considered as a red flag.

[o48o]

In the old days, users used a platform only once and suddenly an airdrop was announced. That happened in the first one, the Uniswap airdrop.

As someone i do not remember said: "what the first did was smart, but is not smarter to repeat currently". And the airdrops become more and more difficult, demanding thousands of crypto transacted, in a lot of transactions during many months. One example was Paraswap, who exclude many users from their airdrop and caused widespread anger.

Coming back to the old days, hunting airdrops was basically to follow few insiders, read the news and use all protocols that had no token. Currently there are thousands of influencers announcing airdrops even from projects that did not comment, projects announcing airdrops before have a product and a lot of noise.

I feel is is getting harder and harder to get good airdrops, when some arrive the tokens are diluted by a huge amount of airdrop hunters not to mention projects that "gamefi" airdrops with tasks and points, terrible.
Maybe it is a wave that passed, not sure about the future of airdrop hunting.

Well it all turned into crap after people regretted they didn't participate to uniswap, imx/gods, and projects like bayc, when people got rewarded of being early supporters. So they started to overcompensate by preparing and botting every potential airdrop. This was just painful to watch with Arbitrum for example. There are videos where people revealed their botting and got rich from it. That took my taste from the whole game. Wrong people were winning and this wouldn't make any sense as a reward system.

And for some reason people thought that pre-announced airdrops would bring money, which they obviously never did. At least not for people who didn't bot the crap out of them.

[libert19]

In the old days, users used a platform only once and suddenly an airdrop was announced. That happened in the first one, the Uniswap airdrop.

Airdrops were here before the platform running Uniswap was launched. I can recall ClamCoin made an airdrop to BTC, LTC, DOGE in 2014.

That is true but retrospective trend which is ofc current trend was started by uniswap.

The good times were when I was eligible for the Uniswap airdrop, at that time I was forced to sell my Uni for $20 because I needed money, but for me it was big enough money to support my life.

You did good, I sold it at ~$4.

I remember how simple airdrop before like filling up Google form and will eventually qualify for the drop and received tokens right away on registered address. But now its a mixture of social and many task before even get to be qualified and some even make it a competition that only top users were be rewarded at all. Now its a race to find which airdrop is good and will not create much dilution due to participants.

Airdrops are still like that, no effort whatsoever but people have made it so. For example, Uniswap, you used their dapp naturally and you were rewarded, same can be said about arbitrum/optimism, although farmers were still there but less compared to today.

If you don't try to farm projects and you engage in ecosystem normally, airdrops are still free with no effort involved.