How to farm airdrops on crypto?

[MIner1448]

I agree with you, your point highlights the importance of thorough research before participating in any project in the crypto space. Analyzing tokenomics, community incentive programs, key features on the platform, and support from major projects can help investors and participants evaluate the potential and credibility of a proposed project.

[oktana]

Honestly doesn’t sound like airdrop to me anymore. Haha. Airdrops are meant to be free and not something you have to stake any money for. If you stake, it then becomes rewards and not airdrop. So even if it requires a tiny amount, it’s not an airdrop anymore. I think the definition of airdrop is beginning to change because it wasn’t always so.

Why don’t I just use the money to invest in the project at once, maybe buy their presale?

May be now Airdrop definition is changes, whatever i think now there are no Airdrop will be free, of course you have to spend some money as like 10$-20$ in their platform as like some transaction in their mainnet it's required mostly new platform then you can be eligible that's is okay but it’s unacceptable to stake big amount and personally i am ignoring such projects Airdrops.

As a rule, many participants are confused in terms and do not see the difference between a classic airdrop and a retrodrop. I bring to your attention an article from Binance, which clearly describes the differences between these airdrops - https://www.binance.com/en/feed/post/838305

Mmm. Then I am talking about retrodrop. I know it very much as airdrop and that has been the name. When Uniswap gave UNI tokens worth over hundreds of dollars, they called it an airdrop. I guess it should have been defined as a retrodrop since it’s for early adapters. But looking at the Binance article, nothing there mentions money. You simple do the task and get the token. Staking and all of that shouldn’t be seen as airdrop because you’ll put in money and STAKE the money.

[sulendra12]

And viola AIRDROP it is when the time they launch their project. How to spot if its good? Usually it is followed by big projects or dapps on Twitter and some OGs.

Most of the "decent" airdrops require you to do X thing in order to be eligible for their airdrops and nowadays you need to spend some to actually interact with their platforms. Some of the free one is already dead and most of them are just a scam for free promotion so it's just not really a wise thing to do anymore.

I'm just afraid that the scam airdrops would use this kind of airdrops to actually make them look "legit" but at the end they will steal your money. Just like other successful thing in crypto.

[JeffBrad12]

And viola AIRDROP it is when the time they launch their project. How to spot if its good? Usually it is followed by big projects or dapps on Twitter and some OGs.

Most of the "decent" airdrops require you to do X thing in order to be eligible for their airdrops and nowadays you need to spend some to actually interact with their platforms. Some of the free one is already dead and most of them are just a scam for free promotion so it's just not really a wise thing to do anymore.

I'm just afraid that the scam airdrops would use this kind of airdrops to actually make them look "legit" but at the end they will steal your money. Just like other successful thing in crypto.

there are still plenty of airdrop that can be done for free basically the testnet testing and so on, you just need to interact with the blockchain within testnet and you will be awarded some NFT or something at the end of the stage in the main blockchain which you can sell when main blockchain is up but don't expect anything big for something free like that most of the juicy reward are usually right now require money as you said and sometime it isn't measly, the staking program usually erquire as low as 0.25 ETH like what happened with manta, for other platform it might be higher.
but its honestly kinda logical considering that the devs just try to filter out as much sybil as they can since they are the reason why sometime giving out many free reward to the public out of free task could cause the coin to be hoarded by some individual that farms.
also, yes it is a concern that scam dev might take advantage the "paid" retroactive to steal people money but usually people aren't gonna put any money to the devs that aren't known or aren't backed by some big investment company anyway.

[tvplus006]

...I'm just afraid that the scam airdrops would use this kind of airdrops to actually make them look "legit" but at the end they will steal your money. Just like other successful thing in crypto.

If you carefully study the project and the investors, then you can with a high degree of probability choose a legitimate project that will not be afraid to entrust your money to. And if we see Sequoia, Binance Labs, Andreessen Horowitz, a16z and other top funds among the investors, then you can safely trust the team of professionals who invested in this project.

[slashz9]

I want to be more clear about some forms of spending money and some forms being free.

But in general, most of the projects that are considered potential airdrops for the community now have criteria that most of us only speculate about, and indeed, in your opinion, they are quite enough for everyone to meet many criteria.

I also quite like staking ATOM, because it brings quite clear airdrop benefits, along with the dynamism of L2, there are also many choices to be made and hopefully receive airdrops in the near future.

I also see that the Cosmos network is now widely rumored to be getting an airdrop because of the many new projects joining and becoming a trend such as INJ and ATOM.
Hopefully there will be an airdrop for this chain.

[libert19]

Most of the "decent" airdrops require you to do X thing in order to be eligible for their airdrops and nowadays you need to spend some to actually interact with their platforms. Some of the free one is already dead and most of them are just a scam for free promotion so it's just not really a wise thing to do anymore.

That is because any free-to-do tasks are doable by everyone and gets saturated really fast, and then there are airdrop farmers who further dilute the reward pool with multi-accounting, taking more than their fair share.

I'm not saying there are no farmers involved where there are real dollar interactions counted, it's just that requiring real money excludes free farmers, and obviously there are more free farmers than paid because free farmers have only to make effort, and if you have lots of free time there is nothing to lose from your side.

So it's good idea from project's perspective to reward only users who used real money, it doesn't solve farmer's problem completely but solves to some extent.

May be now Airdrop definition is changes, whatever i think now there are no Airdrop will be free, of course you have to spend some money as like 10$-20$ in their platform as like some transaction in their mainnet it's required mostly new platform then you can be eligible that's is okay but it’s unacceptable to stake big amount and personally i am ignoring such projects Airdrops.

Well there are really some for free. What is $10 to $20 dollar fee for transaction in exchange for a bigger reward? I think you are aiming for literally full airdrop but spending on gas fee for claiming or what is such responsibility of the users. You already given a free tokens called airdrop you wont expect the project to give it all even the process or cost to received it.

I think 'potentially' word should be there in bolded statement, i.e $10 to $20 fee for exchange for a potentially a bigger reward.

Requirements to be eligible for airdrop are getting complex, projects will rarely reward you for mere couple interactions or for interactions with low amounts, retrodrop's are all luck, you spend for interactions on 10 projects then may be one of them will reward you. If you don't have extra money lying around, it's better to stick with free projects, and try to get starting funds from there.

Or to stick with projects having probability of retrodrop, but your funds stay safe, for example, staking protocols. $JITO is prime example of this and other is EigenLayer but to stake there gas fees were expensive since it's on Ethereum. Though, Eigenlayer stakers gonna recoup easily, because other projects are accounting Eigenlayer stakers for their airdrop's criteria.

I also see that the Cosmos network is now widely rumored to be getting an airdrop because of the many new projects joining and becoming a trend such as INJ and ATOM.
Hopefully there will be an airdrop for this chain.

There have been plenty already on Cosmos.

[cryptoaddictchie]

I also see that the Cosmos network is now widely rumored to be getting an airdrop because of the many new projects joining and becoming a trend such as INJ and ATOM.
Hopefully there will be an airdrop for this chain.

Due to hype on cosmos many are staking INJ, ATOM, OSMO and TIA. Typically airdrop from staking are all goods especially if the project is a high foundation and even some middle tier projects. I think Ive seen new lurking drop for atom aether will drop 40% for atom stakers and the recent alt layer airdrop from staking tia. I think this year will be year of modular and cosmos drops.

[NNRR]

By doing something in domain buying, staking and NFT holding, you may get airdrop. If you see many big airdrops in the past year, if you meet some criteria, those who missed it, don't regret it. Airdrop may come in the future.  If we work we can get Airdrops but my suggestion is to do some work keeping an eye on project Gular which has not launched the token yet.

[kaka_Shipai]

Find a tokenless project and research about their platform. Take note on the tokenomics on their docs.

And you think that is an easy thing to do ? Well, to read the docs, doing the research for each project individually is a full time job, and even then you can only do it 1 project in a day or may be a couple of days, and still then the ambiguity remains. Crypto world is full of wonders but still to grab a good opportunity, you have to be lucky along with doing research.

[cryptoaddictchie]

And you think that is an easy thing to do ? Well, to read the docs, doing the research for each project individually is a full time job, and even then you can only do it 1 project in a day or may be a couple of days, and still then the ambiguity remains. Crypto world is full of wonders but still to grab a good opportunity, you have to be lucky along with doing research.

Well I didnt say its easy but I cant tell you that its also hard. There are different ways on how to search a good project, slip on some github, social media and some probably insider on your folks who knee something. Digging into nrw projects is the best stsrt everyone can do and you analyze whether they will be a good one in the future.

[Bushdark]

Find a tokenless project and research about their platform. Take note on the tokenomics on their docs.

And you think that is an easy thing to do ? Well, to read the docs, doing the research for each project individually is a full time job, and even then you can only do it 1 project in a day or may be a couple of days, and still then the ambiguity remains. Crypto world is full of wonders but still to grab a good opportunity, you have to be lucky along with doing research.

There are lots of cryptocurrency apps we can mine and finally went from them when they are finally launched.
This is one of the ways we can earn rom airdrops. There are so many ways we can earn from airdrops by mining, staking, and participating in activities that would guarantee us a chance to qualify for the airdrop sharing. All these are ways we can earn without fullinh investing in airdrop projects that are not yet launched in the market.

[cryptoaddictchie]

There are lots of cryptocurrency apps we can mine and finally went from them when they are finally launched.
This is one of the ways we can earn rom airdrops. There are so many ways we can earn from airdrops by mining, staking, and participating in activities that would guarantee us a chance to qualify for the airdrop sharing. All these are ways we can earn without fullinh investing in airdrop projects that are not yet launched in the market.

Yes Ive seen the trend also on doing mobile mining and its happening again. Before its a hype too and become dead and now they return. The only one I am doing now is notcoin and I think thats gotta be a good one if ever they launch a token. For someone who did a good due diligence isnt gonna be hard to know if the project will launch a token or not.

[Beparanf]

@cryptoaddicthie if this request will not bothered you, can you compile all your active airdrops or potential airdrops in one thread or even on a telegram channel to be easy notified. I’ve been following some of your thread but it’s hard to catch up when I have other errands to do.

I’m really interested on the current airdrop trend especially on the Aptos, Sui and other big airdrop that I miss just because I’m late to notice. I have a chance to get Celestia airdrop before by holding Atom but I prematurely sold my holdings before the snapshot just because I’m not aware of this airdrop. 

[Xxmodded]

- Staking some possible tokens like atom inj and tia.

And viola AIRDROP it is when the time they launch their project. How to spot if its good? Usually it is followed by big projects or dapps on Twitter and some OGs.

Staking with Atom coin, Injective or INJ coin, Tia, PYTH coin have large potential to earn airdrop in the future, beside with retroactive airdrop like swap on the new dapp launching  I think very worth staking with above coins list and has opportunity to earn airdrop later. Some time mint NFT get chance to earn coins airdrop but need patience when airdrop launching not in the short time, but staking coins worth than spend fund for swapping coins on new dapp or mint NFT without any potential nft worth in the future or not.
Can unlock with staking coins later with price increasing up we can earn much profit, but have minimum amount for eligible airdrop reward if want get staking coins way.

[Mpamaegbu]

- Minting NFTs releases

This may not be easy for skeptics and newcomers as most of these NFTs come with a price for minting them. Those who haven't made money from airdrops aren't likely to commit because of the charge. They will see it as a scam. We won't blame them as such. There's enough scam and fraud going on in this industry at this time to last everyone three meals a day, so to say.

- Staking some possible tokens like atom inj and tia.

Yes, staking is ok. It provides passive earning. However, it depends on what's staked and on what platform it's staked. Those who are interested in staking should do that on veritable platforms they know are close to being perfectly secured. For instance, staking BNB on Binance launchpool for me seems a better option against impermanent loss than staking a relatively unknown token on the same Binance. Again, since the new guy got on the saddle at Binance after CZ stepped down; launchpads have become almost a weekly thing there. Investors are cashing out from it. That's a good one.

[tvplus006]

Staking with Atom coin, Injective or INJ coin, Tia, PYTH coin have large potential to earn airdrop in the future..

When placing coins on staking, the amount of profit that we will receive from airdrop will depend on the price at which we purchased these coins. After all, everyone understands that the API will be different for those who received, for example, TIA coins as airdrop, from those who bought them on the market at a price of $2.2 or $20. So it may happen that buying coins for staking at the current price will not bring profit, but loss.

[Bushdark]

There are so many amazing Crypto projects we can mine and end result everyday waiting for when they would be finally launched so that we can get our own shared of the mined coins. This time around we don't need to bothered about not having the funds to invest in Bitcoin or whatsoever. What we need to do is to be relaxed and work on how we can benefits from mining and doing airdrops.

[cryptoaddictchie]

@cryptoaddicthie if this request will not bothered you, can you compile all your active airdrops or potential airdrops in one thread or even on a telegram channel to be easy notified. I’ve been following some of your thread but it’s hard to catch up when I have other errands to do.

Its quite hard to compile but since I am doing different activity from free to some of the active retroactive, I indeed compiling it to my telegram gc and sharing some alpha there. Alright I can dm you my gc username on telegram, just say so if youre that interested. Oh Ive checked your profile Kabayan.

Anyone interested can dm me and will share my telegram gc of airdrops you can just follow that if you like to do some task for airdrops. Mostly are free and I also posted there some early bird alpha or OG role for some new projects.

[bolshojkush]

This is only my opinion.

Find a tokenless project and research about their platform. Take note on the tokenomics on their docs. See if theres a community incentive rewards/airdrops of any allocation. This is one thing to note before doing anything.

Do these common task that probably present on their platform as they are still prelaunch their project.

-Bridging and swapping
- Adding liquidity
- Voting for proposals usually in cosmos eco or dao
- Minting NFTs releases
- Lending / Borrowing of funds
- buying domain names
- Staking some possible tokens like atom inj and tia.

And viola AIRDROP it is when the time they launch their project. How to spot if its good? Usually it is followed by big projects or dapps on Twitter and some OGs.

I advise you not to study anything, as you will spend a lot of time on it. There are websites and telegram channels that track all airdrops, if possible, you need to take part everywhere, because sometimes the most dubious project can make a big profit.