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Author Topic: Is this the Season of Airdrops?  (Read 522 times)
Ben Barubal
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February 29, 2024, 07:09:13 PM
 #21

     Well, if I look back from last year, I saw some airdrops that were also included in the top altcoins. And most of them have been included in the list of Binance Exchange, which is one of the most well-known top exchanges in this field.

     So, my answer is that it can be airdrop season right now, which can just go along with the trend we have at the moment with the upcoming bitcoin halving and bull run after the halving this year until next year, according to my friends readable speculations.

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February 29, 2024, 07:18:47 PM
 #22

There are many airdrops on the way which are actually newly launched projects and some old projects also distributing airdrops with huge amounts some days ago I came to know that 5ire chain has distributed thousands of dollars with each its user. That's why people take so much interest in farming of airdrops where they find many opportunities to earn money.

Besides this, this is the bull season and market condition is very good that is why many projects coming to the market and distributing huge amounts of airdrops so that each user has good benefits from it. I have really gotten a very small amount haha well I am still hoping that any project will give me the best reward ever in the future. joining airdrops is the time consuming thing. OP have you ever get any airdrop from any project ever?

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February 29, 2024, 07:55:14 PM
 #23

Airdrops are now more capital-intensive + gas-intensive especially on the Ethereum network you won't be able to get by on $50 alone that's what I've noticed now.

First make a bridge then the token reward will be given depending on the points / XP earned, you can see some projects now how it is going on now.

Testnet in doing this task only time is needed and with patience, but keep in mind there are so many tasks to complete that if you get bored you can miss, of course there is an airdrop there because they usually always confirm it.

Finally borrow/lend and LP is also to add to their TVL, the longer you do it the more points.

But I can say that there are more airdrops now, that's what I know.

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February 29, 2024, 09:09:05 PM
 #24

Airdrops are not as profitable as you make it seem, yeah some airdrops can make people money, but most of them turn out to either be worthless or a scam. Maybe because of the bull run, a few more airdrops would become profitable, but i would not still call this the season of airdrops. Having said that, i am not really interested in airdrops, BTC price is pumping and altcoins are likewise following it behind with little movements, thus i buy only Bitcoin because i know it has an actual utility and it is going to outperform most alts in the long term.

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February 29, 2024, 09:22:22 PM
 #25

Haha, it's actually amazing to be honest, just some few days ago, I was thinking exactly this same thing when I opened my Twitter account and spent some time going through various tweets and so, the majority of tweets I saw were people talking about potential airdrops and how intrested participants can position themselves well for it.
I felt like we might see a really big airdrop season in this coming bull season, and for the fact that I will not like to miss out, I have started participating in some of the airdrops thats been posted on Twitter, I feel that it's no longer about investing alone, alot of people will get rich this year going through next year by just participating in Airdrops, this is why I advise no one to fade they potential airdop they come across.

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February 29, 2024, 09:30:15 PM
 #26

Simply
I just think this is the beginning of the Bitcoin and altcoin seasons, the beginning of the bullish era. Because if we look at the movement of current prices in the market, it has really shot up very drastically. In fact, it seems quite fast compared to our previous thoughts, where the market will be much more bullish after the halving.

So regarding airdrops, I personally am not concerned there. So yes, I don't really understand whether this is the era or not. Make sure you are diligent when participating in airdrops because this is like looking for a needle in a haystack.

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February 29, 2024, 09:44:22 PM
 #27

You know, looking at all these I never knew that there will be a time for Airdrops paying people real big. Is true that Impossible things happen here, but Airdrops? Never thought of that

you should ask airdrop participants how many campaigns they participated in and how many made big money.
Of course, not all airdrops pay their participants well. I'm sure more airdrop campaigns don't pay their participants or even only a small amount.
airdrops should be completely free, like just doing social media work or being part of the testnet project. As long as you don't spend money to make a claim, it can still be profitable even if the results are small.

Nowadays it's too hard to believe or trust in airdrops even though it's free but still many  of them are scam which is they will say in that day they will distribute the airdrops but when the day comes only nothing we got so it's hard for being part in airdrops but if we are too lucky then there's a time we got one. Anyways compared to the past past few years airdrops was very known cause they will give free money. But after wards it will change and Maybe the reason of it is they don't have enough support for their projects.

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February 29, 2024, 10:32:11 PM
 #28

Crypto Ecosystem as an Evolution!
With airdrops? It is not an evolution but it has been part of the ecosystem long time ago. Even for Bitcoin, these airdrops are called faucets before where everyone can claim free satoshis. And they're not that much but in quantity, there's already a lot of it if you held for a long time. But it is not noticeable because Bitcoin before seemed to be useless and that's different these days with these airdrops.

People are grinding for these airdrops with such requirements because they think that it's the worth of it. There are even KYC despite of being unsure of it and that's the reason why many are obligated into following them because they think that it's essential just to get some claims of these projects airdrops. That's also the reason why I am not into it, I am not willing to get into my KYC and identity in return of some rewards of their tokens. I'd just be happy with those that are able to and able to earn some 4 digits in $ with their tokens.

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February 29, 2024, 10:48:41 PM
 #29

You know, looking at all these I never knew that there will be a time for Airdrops paying people real big. Is true that Impossible things happen here, but Airdrops? Never thought of that

you should ask airdrop participants how many campaigns they participated in and how many made big money.
Of course, not all airdrops pay their participants well. I'm sure more airdrop campaigns don't pay their participants or even only a small amount.
airdrops should be completely free, like just doing social media work or being part of the testnet project. As long as you don't spend money to make a claim, it can still be profitable even if the results are small.

Nowadays it's too hard to believe or trust in airdrops even though it's free but still many  of them are scam which is they will say in that day they will distribute the airdrops but when the day comes only nothing we got so it's hard for being part in airdrops but if we are too lucky then there's a time we got one. Anyways compared to the past past few years airdrops was very known cause they will give free money. But after wards it will change and Maybe the reason of it is they don't have enough support for their projects.

You are saying the truth, over the past few years there has been so many good news about airdrops which has given a lot of individuals feel money especially those who are patience enough to follow all the required procedures, who get access to the information concerning a particular coin who's project is been used as airdrop. Despite so many scams that has been seen lately from airdrops I think one shouldn't give up since it doesn't require any financial investments before partaking in the airdrops project.

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February 29, 2024, 10:53:33 PM
 #30

You know, looking at all these I never knew that there will be a time for Airdrops paying people real big. Is true that Impossible things happen here, but Airdrops? Never thought of that

Those projects that have previously made people millionaires in the crypto space, such as Ethereum, assigned people small tasks to help them grow their community and number of users. Perhaps the task in the past did not require it to go through the same processes as these airdrops do today, such as KYC, the vigorous efforts put in, and then being paid some shitcoins, many of which will not make it long in the market due to poor team management and inability to withstand market pressure. You can call this airdrop season, but just know that not all will make you millionaire as you expected, and your privacy must have been breached for obtaining some quantity of those tokens which may or may not go well to hold for the long term.

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March 01, 2024, 01:00:45 AM
 #31

The trend started after Arbitrum's airdrop that paid the eligible participants a good sum after which people started hunting for such airdrops but to be honest, not all of them pay their participants as much as everyone might be expecting, however, everyone wants to be a part of every available or upcoming airdrop just because they expect high returns on them. Some projects would also misuse this by making people participate in their airdrops, make them promote their projects, earn a lot of money, and then give them very small amounts in the airdrop. Some airdropped coins don't become valuable enough to compensate the participants enough for what they might have spent to become eligible for the airdrops.









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March 01, 2024, 01:16:35 AM
 #32

Airdrops are not as profitable as you make it seem, yeah some airdrops can make people money, but most of them turn out to either be worthless or a scam. Maybe because of the bull run, a few more airdrops would become profitable, but i would not still call this the season of airdrops. Having said that, i am not really interested in airdrops, BTC price is pumping and altcoins are likewise following it behind with little movements, thus i buy only Bitcoin because i know it has an actual utility and it is going to outperform most alts in the long term.
well there's reason why billions of money are locked these days in the staking meta to get that share of airdrops just for information, people that contributed towards running celestia nodes awarded with $10k easily.
other airdrops like DYM even i remember XAI nodes people easily get few grands by running node, the thing with airdrop that worth nowadays require us the to contribute to the project not just doing some random claiming but instead we testing out their project using real money, running nodes using real money the airdrops that actually worth that much usually requires that.
and I think its fair game for most of us, the only airdrop that worthless are those random meme coin airdrops that usually give nothing but shitcoin.
the other airdrops like arbitrum, aptos, jup, jito and many more are definitely worth more than some people's a year worth of salary to be honest.

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March 01, 2024, 01:50:30 AM
 #33

Am I the only one that is thinking this? Crypto Ecosystem as an Evolution!

First, it all started with Bitcoin where people got the opportunity to buy at a very low price and now we all know where we are at on Bitcoin

Then, Ethereum came in during the Covid with Forsage and other activities which made a lot of people millionaires by doing simple tasks and referring.

Then, Memecoins, AI and Altcoins became a thing, especially with those that have a use case
(...)
Airdrops have already been here for a long time.
It's just crazy because of the timing of the market, where some people who received airdrops can get huge money out of it.

And for every market cycle, we have new things or some new hype. Just like what you said meme coins, ai. And I believe this will still exist just like airdrop, and not new anymore. We are just in the bull market season.

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March 01, 2024, 03:43:01 AM
 #34

What airdrops get big payouts? Judging from the large number of participants, this rarely happens, indeed joining a new project that provides airdrop facilities is very easy to do and doesn't waste a lot of time, therefore many people are invited to participate. with one goal, namely to get money, but don't expect to get a lot of money because there are so many participants
How long you have been in crypto? There have been many big airdrops that would be paid your from hundreds till thousands dollars depending on how big your allocation is. Don't talk BS about that. If you were smart enough and you would able consistently generating a lot of money since a few years ago.

The total participants don't matter as long as the allocation was big.



https://www.coingecko.com/research/publications/biggest-crypto-airdrops

Look at that spreadsheet, it was showing how much money being airdropped for free all time. The aricle was also mentioning if there was around more than 4 billions money airdropped last year for free.

How can you say if it's rarely happens? There are many people farmed a bunch of money through airdrop.

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cryptoaddictchie
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March 01, 2024, 03:59:59 AM
 #35

Airdrops are good but they are not concrete generators of profit. If you participate in a lot of airdrops, it’s very least likely that you gain profit. Nevertheless, there is really no regret or some sort when it comes to airdrops because it’s free.
Well thats youe opinion but I beg to disagree I am participating on tons of airdrops that are worth to farm and I can say that its worth it. Airdrops that are retroactive are most valuable for me.. Id spend gas yes or some funds being locked up but the outcome its give is way more than to be consider as generators of profits. How I can say, let say Id spend $61 gas fee on doing some task on starknet and received some tokens worth more than $1k isnt that called token a profit?

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Iamcrypticguy
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March 01, 2024, 09:36:11 AM
 #36


you should ask airdrop participants how many campaigns they participated in and how many made big money.
Of course, not all airdrops pay their participants well. I'm sure more airdrop campaigns don't pay their participants or even only a small amount.
airdrops should be completely free, like just doing social media work or being part of the testnet project. As long as you don't spend money to make a claim, it can still be profitable even if the results are small.

It is true that currently we are experiencing airdrop season with many new projects paid substantial rewards to their participants. It is also correct that there are many instances when participants of test net tasks were not paid their due reward despite consistent efforts of many months. Recently, Starknet team paid to only 30% of participants and rest 70% were  ineligible for not maintaining enough funds of Ethereum in their wallets. However, there are good examples tool, TIA, DYMENSION , ARBITRUM and OPIMISM teams generously rewarded most of their participants.

You forgot PORTAL. I saw some users with airdrops of over $100k in PORTAL. Luck plays a role in this, along with early information. Unfortunately, I didn't get the drop. I sent it to Binance before discovering a Candybomb Airdrop opportunity on Bitget, so I had to forward mine here and leverage the event. Hopefully, I get to share from the rewards.
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March 01, 2024, 11:01:54 AM
 #37

Am I the only one that is thinking this? Crypto Ecosystem as an Evolution!

First, it all started with Bitcoin where people got the opportunity to buy at a very low price and now we all know where we are at on Bitcoin

Then, Ethereum came in during the Covid with Forsage and other activities which made a lot of people millionaires by doing simple tasks and referring.

Then, Memecoins, AI and Altcoins became a thing, especially with those that have a use case

Now, what is trending is Airdrops. Many projects under the Solana ecosystem, STREAK, ICE and Even PORTAL making a lot of people money. Some of which have been listed on Binance or Bitget and any other cex like Portal did today and I think when these happens, that's when the prices skyrocks.

You know, looking at all these I never knew that there will be a time for Airdrops paying people real big. Is true that Impossible things happen here, but Airdrops? Never thought of that
As far as I understand earlier airdrops were good but now the number of good projects is very less. Most people don't trust airdrops to be scams. Airdrops are working but not paying. That's why the number of participants has decreased a lot. Those associated with project team managers may be making money.

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March 01, 2024, 01:24:07 PM
 #38

Am I the only one that is thinking this? Crypto Ecosystem as an Evolution!

First, it all started with Bitcoin where people got the opportunity to buy at a very low price and now we all know where we are at on Bitcoin

Then, Ethereum came in during the Covid with Forsage and other activities which made a lot of people millionaires by doing simple tasks and referring.

Then, Memecoins, AI and Altcoins became a thing, especially with those that have a use case

Now, what is trending is Airdrops. Many projects under the Solana ecosystem, STREAK, ICE and Even PORTAL making a lot of people money. Some of which have been listed on Binance or Bitget and any other cex like Portal did today and I think when these happens, that's when the prices skyrocks.

You know, looking at all these I never knew that there will be a time for Airdrops paying people real big. Is true that Impossible things happen here, but Airdrops? Never thought of that
am I the only one vibin' on this? Crypto Ecosystem straight up evolving, man!

Started off with Bitcoin, copped that at dirt-cheap prices, and now look where we're at with BTC, you feel me?

Then Ethereum rolled in during the COVID era, Forsage and whatnot, turning folks into millionaires just by doing some basic tasks and throwing out referrals.

After that, Memecoins, AI, and Altcoins started making waves, especially the ones with some real-world application.

And now, peep this – Airdrops are the new wave. Projects under Solana like STREAK, ICE, and even PORTAL are making mad bank for people. Some even hitting Binance or Bitget and any other cex – just like Portal did today. And I swear, when these projects hit those big exchanges, that's when the prices shoot through the roof.

For real though, who would've thought Airdrops would be paying out big? Crazy, right? I mean, we know the crypto world pulls off the impossible, but Airdrops? Never saw that one coming, fam.
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March 01, 2024, 02:08:40 PM
 #39

The trend started after Arbitrum's airdrop that paid the eligible participants a good sum after which people started hunting for such airdrops but to be honest, not all of them pay their participants as much as everyone might be expecting, however, everyone wants to be a part of every available or upcoming airdrop just because they expect high returns on them. Some projects would also misuse this by making people participate in their airdrops, make them promote their projects, earn a lot of money, and then give them very small amounts in the airdrop. Some airdropped coins don't become valuable enough to compensate the participants enough for what they might have spent to become eligible for the airdrops.

Certainly, Arbitrum is the trend setter of airdrop space, it is interesting to note that most of the participant were eligible with significant amount of free tokens. This is how the gained the support of community as well as won their confidence. Community support is always paramount for the success of the project. Regrettably, some project leaders don't get how crucial this support is, resulting in diminished market acceptance.









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March 01, 2024, 02:44:01 PM
 #40

Am I the only one that is thinking this? Crypto Ecosystem as an Evolution!

First, it all started with Bitcoin where people got the opportunity to buy at a very low price and now we all know where we are at on Bitcoin

Then, Ethereum came in during the Covid with Forsage and other activities which made a lot of people millionaires by doing simple tasks and referring.

Then, Memecoins, AI and Altcoins became a thing, especially with those that have a use case

Now, what is trending is Airdrops. Many projects under the Solana ecosystem, STREAK, ICE and Even PORTAL making a lot of people money. Some of which have been listed on Binance or Bitget and any other cex like Portal did today and I think when these happens, that's when the prices skyrocks.

You know, looking at all these I never knew that there will be a time for Airdrops paying people real big. Is true that Impossible things happen here, but Airdrops? Never thought of that
I am not sure what you mean by any of this. Ethereum came way before covid, and referrals and tasks have been a way to make money way before crypto came.
Airdrops made money years ago. Altcoins and memecoins came way before AI was a thing. And those "with an use case" was more of a meme and used for speculation more then meme coins ever were.

This thread has no substance and sounds more like an advertisement of obscure coins/tokens from someone who haven't done their research.

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