Airdrop Fatigue: Have We Seen the Last of the Free Money Era?

[aima55]

Hey crypto fam, ever feel like the market's flatlining? I mean, let's be real - we're in a sea of red, and even the airdrops that used to get us hyped are turning into major letdowns. Remember the days when we'd refresh our wallets every five seconds during an airdrop? Now it's just... meh. The whole scene's about as exciting as watching paint dry, am I right?

But hold up, what's this I'm hearing? Caught wind of some chatter about an event that's supposedly giving away over $50,000 in tokens. In this market? You gotta be kidding me. I mean, who's out here throwing around that kind of cash when even the crypto whales are scraping for scraps?

Now, I'm not saying I'm not intrigued. $50,000 is no joke - that's "quit crypto and open a taco stand on the beach" kind of money, especially in these bearish times. But here's what I'm wondering: Is this legit? Have any of you out there actually participated in something like this and come out a winner? Because let me tell you, if I managed to snag even a fraction of that $50k, I'd be doing a happy dance all the way to the bank.

So what's the deal, crypto crew? Are we looking at the real deal or just another overblown promise? Have you ever struck gold in one of these events, or is it all just hype? Cause if this is for real, your boy might just have to dust off his lucky trading socks and give it a shot. After all, in this market, a little hope goes a long way - even if it ends up being false hope, right?

[JeromeTash]

Lol $50,000 is nothing if you were around in the era of ICO. Airdrops were so rewarding, even the ones that were of meaningless tokens. I remember getting an airdrop of some random token and even forgot about selling off the coins, the token value would then go up to around $4k.

So yes, just like we saw faucets die out, airdrops will also become completely meaningless and a waste of time in the near future. In fact, most of them are already useless.

[Iamcrypticguy]

Hey crypto fam, ever feel like the market's flatlining? I mean, let's be real - we're in a sea of red, and even the airdrops that used to get us hyped are turning into major letdowns. Remember the days when we'd refresh our wallets every five seconds during an airdrop? Now it's just... meh. The whole scene's about as exciting as watching paint dry, am I right?

But hold up, what's this I'm hearing? Caught wind of some chatter about an event that's supposedly giving away over $50,000 in tokens. In this market? You gotta be kidding me. I mean, who's out here throwing around that kind of cash when even the crypto whales are scraping for scraps?

Now, I'm not saying I'm not intrigued. $50,000 is no joke - that's "quit crypto and open a taco stand on the beach" kind of money, especially in these bearish times. But here's what I'm wondering: Is this legit? Have any of you out there actually participated in something like this and come out a winner? Because let me tell you, if I managed to snag even a fraction of that $50k, I'd be doing a happy dance all the way to the bank.

So what's the deal, crypto crew? Are we looking at the real deal or just another overblown promise? Have you ever struck gold in one of these events, or is it all just hype? Cause if this is for real, your boy might just have to dust off his lucky trading socks and give it a shot. After all, in this market, a little hope goes a long way - even if it ends up being false hope, right?

I think you should be more specific about this event OP..probably a link or something. I'm sure most people would be interested in the airdrop. $50k is catchy though..

[nelson4lov]

Airdrops used to be ways to reward a community for using a product until people found a way to game the system via sybilling even going as far as industrial sybilling farms with 100K to 3M wallets farms. That's how far people have game the system. You see protocols like Zksync and Layerzero, they don't have anywhere close to a 500K active users that use the network. I'd say the real number is even below 100k. So how then are they getting up to 6M active wallets? Sybil farms. That and also the fact that teams are becoming very greedy with how rewards are being allocated. After 3 years down the line, Layerzero choose to only allocate 5% of the total supply for their drop when projects like EtherFi, Ethena and even EigenLayer gave more than those sizes for their season 1 drops alone. The meta is coming to an end and it is dieing fast. It's time to pivot. Fingers crossed for what comes next.

[wheelz1200]

I sure hope so.  We need money to start pouring into good projects.  These projects with free airdrops are just clogging the system.  It spreads the money out too thin.  Same thing with memecoins and ICOs, it's just redirecting good money into bad projects.  Once we get rid of all the crud these good useful projects will finally see a surge in price.

[X-ray]

I think pretty much people that got max allocation from ZKsync airdrop racking $30k easily if they sold at around $0,3 price point for each $ZK, these airdrops exists and its real, just recently the recent airdrop of layerzero also give quite the rewards, also remember arbitrum. but you need to watch out for scams, remember, there are literally thousands of scammers out there trying to impersonate some legit project to drain your wallet so i hope you know how to avoid scams.

Here's the thing about the airdrop, these new airdrops are unlike back then when we just need to submit address, these airdrops requires prerequisites to be filled first. Usually these airdrop require you to actively contribute to their blockchain such as interacting with the blockchain, the qualification usually kept secret and then at their TGE (Token Generation Event) these airdrops will disclose their criteria or qualification for the wallet and will do airdrops shortly. The zksync airdrop prioritizes activity and asset contributed to the blockchain to improve TVL, the recent layerzero priorities gas spent to the protocol. so there's something you need to sacrifice in order to be eligible, its not all rainbow though, so many people also spending money to do retroactive airdrop interacting with the blockchain and got none, if you're curious just read news about ZKsync TGE event and LayerZero TGE on the crypto news outlet.

this one is example : https://www.coindesk.com/tech/2024/06/17/zksync-airdrop-of-zk-token-puts-initial-market-cap-near-900m/

[$crypto$]

I think pretty much people that got max allocation from ZKsync airdrop racking $30k easily if they sold at around $0,3 price point for each $ZK, these airdrops exists and its real, just recently the recent airdrop of layerzero also give quite the rewards, also remember arbitrum. but you need to watch out for scams, remember, there are literally thousands of scammers out there trying to impersonate some legit project to drain your wallet so i hope you know how to avoid scams.

Here's the thing about the airdrop, these new airdrops are unlike back then when we just need to submit address, these airdrops requires prerequisites to be filled first. Usually these airdrop require you to actively contribute to their blockchain such as interacting with the blockchain, the qualification usually kept secret and then at their TGE (Token Generation Event) these airdrops will disclose their criteria or qualification for the wallet and will do airdrops shortly. The zksync airdrop prioritizes activity and asset contributed to the blockchain to improve TVL, the recent layerzero priorities gas spent to the protocol. so there's something you need to sacrifice in order to be eligible, its not all rainbow though, so many people also spending money to do retroactive airdrop interacting with the blockchain and got none, if you're curious just read news about ZKsync TGE event and LayerZero TGE on the crypto news outlet.

this one is example : https://www.coindesk.com/tech/2024/06/17/zksync-airdrop-of-zk-token-puts-initial-market-cap-near-900m/

Who underestimates airdrops now? Most of them still continue to hunt for airdrops in their own way even though it costs a lot of money including myself where I have spent $1000+ to interact on their blockchain but the results are worth it.

Arbitrum, Aptos, zksync and Layerzero as an example where they provide eligibility to the community because they have qualified as airdrop recipients and some even get more than $50K, I think they have a lot of capital to do this activity, so now there is no easy airdrop, everyone has to contribute with their chain to enliven the product, so that's what must be done to provide benefits.

Not all airdrops are the same, it's true sometimes we only get peanuts after spending a lot of money, so the only thing is that we do good research where the potential is then focus there rather than working here and there but the results are zero or the allocation is small.

[gunhell16]

Lol $50,000 is nothing if you were around in the era of ICO. Airdrops were so rewarding, even the ones that were of meaningless tokens. I remember getting an airdrop of some random token and even forgot about selling off the coins, the token value would then go up to around $4k.

So yes, just like we saw faucets die out, airdrops will also become completely meaningless and a waste of time in the near future. In fact, most of them are already useless.

Yes, you are right there. In the beginning, the airdrops will be hot, to be honest, but later, when we go back to the bear market again, for sure, the airdrops will lose their value. Only now is the hype high in the majority of the of the crypto community in this industry.

And not all airdrops are successful in the end either; only a few airdrops are successful. Remember that, so it is still necessary for those who want to participate to be careful and smart in the airdrops they participate in anyway.

[AVE5]

Airdrop projects are 50/50 between assurance disappoinments and I don't think if there's worth a credibility for false hope as you said Op because such time wasted of false hopes ca be utilized to achieve valuable results if spent on the a legitimate activity.

[DeathAngel]

I remember getting lots of free money via airdrops during the 2017/18 blocksize war. I claimed so much momey via the airdropped BCH, BTG plus various smaller shitforks like Bitcoin Diamond. I don’t think there will be another time like that again but if there is, I’m here to claim the free money.

[TastyChillySauce00]

I remember getting lots of free money via airdrops during the 2017/18 blocksize war. I claimed so much momey via the airdropped BCH, BTG plus various smaller shitforks like Bitcoin Diamond. I don’t think there will be another time like that again but if there is, I’m here to claim the free money.

There isn't a free lunch anymore. The time to get a free lunch has already passed for so long. These days, we enter the era when your contribution will determine the size of your reward. The developers must also be selective in rewarding the community.

I see an airdrop as a free lance. Time is moving forward, and ultimately the only winner is someone who contributed to the project/ecosystem. 

As long as the reward is worthy given the time and money I lost, I am good. 

[aima55]

Hey crypto fam, ever feel like the market's flatlining? I mean, let's be real - we're in a sea of red, and even the airdrops that used to get us hyped are turning into major letdowns. Remember the days when we'd refresh our wallets every five seconds during an airdrop? Now it's just... meh. The whole scene's about as exciting as watching paint dry, am I right?

But hold up, what's this I'm hearing? Caught wind of some chatter about an event that's supposedly giving away over $50,000 in tokens. In this market? You gotta be kidding me. I mean, who's out here throwing around that kind of cash when even the crypto whales are scraping for scraps?

Now, I'm not saying I'm not intrigued. $50,000 is no joke - that's "quit crypto and open a taco stand on the beach" kind of money, especially in these bearish times. But here's what I'm wondering: Is this legit? Have any of you out there actually participated in something like this and come out a winner? Because let me tell you, if I managed to snag even a fraction of that $50k, I'd be doing a happy dance all the way to the bank.

So what's the deal, crypto crew? Are we looking at the real deal or just another overblown promise? Have you ever struck gold in one of these events, or is it all just hype? Cause if this is for real, your boy might just have to dust off his lucky trading socks and give it a shot. After all, in this market, a little hope goes a long way - even if it ends up being false hope, right?

I think you should be more specific about this event OP..probably a link or something. I'm sure most people would be interested in the airdrop. $50k is catchy though..

Oh sorry about that, i thought sharing link wasn’t allowed here that’s why i didn’t drop the link.
This is the link to the event: https://www.bitget.com/events/intro/bdc478df13ae5df680eef21087738d60?color=blacklanguageType=0

Have a look and please tell me what you think.

[aima55]

Lol $50,000 is nothing if you were around in the era of ICO. Airdrops were so rewarding, even the ones that were of meaningless tokens. I remember getting an airdrop of some random token and even forgot about selling off the coins, the token value would then go up to around $4k.

So yes, just like we saw faucets die out, airdrops will also become completely meaningless and a waste of time in the near future. In fact, most of them are already useless.

Wow $4k? That’s huge.

I honestly think the same. Projects are now farming us. The likes of Zksync, Layerzero did us dirty ngl.

[jaberwock]

I remember getting lots of free money via airdrops during the 2017/18 blocksize war. I claimed so much momey via the airdropped BCH, BTG plus various smaller shitforks like Bitcoin Diamond. I don’t think there will be another time like that again but if there is, I’m here to claim the free money.

That's awesome. Even though I didn't get lots of money but I have a better success rate for joining of airdrops before than the present times. I also got that BCH drop in the faucet site that I used. I almost didn't noticed it, not until I saw a " Claim your BCH airdrop " sign, in the middle of their page. This and the other BTC forked drops are the OG's.

It was only nice to know that BCH is still relevant up until now, compared to the other two. Airdrops are still there mate but many of them now requires a harder task and then some capital, so we can't really say that they are a free money but they can be very worthy if we take them seriously.

[bluebit25]

Op needs more experience to see the activities taking place in the crypto space, he himself has received many large airdrops in the market and that is a very large amount of money compared to the average income. But that is not the common and easy way when talking about airdrop programs, almost everything is quite random and not too calculated to witness a big reward. If you know about APTOS, try to find out how easy their airdrop program is to receive thousands of dollars, and if you can register many accounts properly. There is absolutely a chance to earn very large sums of money.

[goaldigger]

Op needs more experience to see the activities taking place in the crypto space, he himself has received many large airdrops in the market and that is a very large amount of money compared to the average income. But that is not the common and easy way when talking about airdrop programs, almost everything is quite random and not too calculated to witness a big reward. If you know about APTOS, try to find out how easy their airdrop program is to receive thousands of dollars, and if you can register many accounts properly. There is absolutely a chance to earn very large sums of money.

Many made a lot of profit from a random airdrop and they can’t even tell that those project will have that huge of airdrop and that’s why many bounty hunter right now are just participating on every new project with a hope that  it will have an airdrop which no one can exactly know if its going to be big or not. Even on the early stage of airdrop where you only need to enter your address, many made a lot of fortune during those time.

[JeffBrad12]

Lol $50,000 is nothing if you were around in the era of ICO. Airdrops were so rewarding, even the ones that were of meaningless tokens. I remember getting an airdrop of some random token and even forgot about selling off the coins, the token value would then go up to around $4k.

So yes, just like we saw faucets die out, airdrops will also become completely meaningless and a waste of time in the near future. In fact, most of them are already useless.

Wow $4k? That’s huge.

I honestly think the same. Projects are now farming us. The likes of Zksync, Layerzero did us dirty ngl.

What is the problem? They farmed us for a few bucks, while we farmed them for thousands of dollars. Isn't it worth it? 

I spent $300 total on zksynch and layer zero fees, but I received about $20k in return, and I believe you should also focus on how we may benefit from them. Projects such as layer zero and zksynch airdropped about 1.5 billion USD to their customers. 

I don't see any problem here. In case. If you spent a lot of money on gas but didn't qualify for the airdrop.

[Iamcrypticguy]

Hey crypto fam, ever feel like the market's flatlining? I mean, let's be real - we're in a sea of red, and even the airdrops that used to get us hyped are turning into major letdowns. Remember the days when we'd refresh our wallets every five seconds during an airdrop? Now it's just... meh. The whole scene's about as exciting as watching paint dry, am I right?

But hold up, what's this I'm hearing? Caught wind of some chatter about an event that's supposedly giving away over $50,000 in tokens. In this market? You gotta be kidding me. I mean, who's out here throwing around that kind of cash when even the crypto whales are scraping for scraps?

Now, I'm not saying I'm not intrigued. $50,000 is no joke - that's "quit crypto and open a taco stand on the beach" kind of money, especially in these bearish times. But here's what I'm wondering: Is this legit? Have any of you out there actually participated in something like this and come out a winner? Because let me tell you, if I managed to snag even a fraction of that $50k, I'd be doing a happy dance all the way to the bank.

So what's the deal, crypto crew? Are we looking at the real deal or just another overblown promise? Have you ever struck gold in one of these events, or is it all just hype? Cause if this is for real, your boy might just have to dust off his lucky trading socks and give it a shot. After all, in this market, a little hope goes a long way - even if it ends up being false hope, right?

I think you should be more specific about this event OP..probably a link or something. I'm sure most people would be interested in the airdrop. $50k is catchy though..

Oh sorry about that, i thought sharing link wasn’t allowed here that’s why i didn’t drop the link.
This is the link to the event: https://www.bitget.com/events/intro/bdc478df13ae5df680eef21087738d60?color=blacklanguageType=0

Have a look and please tell me what you think.

Oh I see. Some sort of incentive for registering. Unfortunately I'm in a region where I'm not qualified. Even though I hold some fan tokens myself. I'm sure others can benefits from this✍️👍

[God bless u]

Hey crypto fam, ever feel like the market's flatlining? I mean, let's be real - we're in a sea of red, and even the airdrops that used to get us hyped are turning into major letdowns. Remember the days when we'd refresh our wallets every five seconds during an airdrop? Now it's just... meh. The whole scene's about as exciting as watching paint dry, am I right?

But hold up, what's this I'm hearing? Caught wind of some chatter about an event that's supposedly giving away over $50,000 in tokens. In this market? You gotta be kidding me. I mean, who's out here throwing around that kind of cash when even the crypto whales are scraping for scraps?

Now, I'm not saying I'm not intrigued. $50,000 is no joke - that's "quit crypto and open a taco stand on the beach" kind of money, especially in these bearish times. But here's what I'm wondering: Is this legit? Have any of you out there actually participated in something like this and come out a winner? Because let me tell you, if I managed to snag even a fraction of that $50k, I'd be doing a happy dance all the way to the bank.

So what's the deal, crypto crew? Are we looking at the real deal or just another overblown promise? Have you ever struck gold in one of these events, or is it all just hype? Cause if this is for real, your boy might just have to dust off his lucky trading socks and give it a shot. After all, in this market, a little hope goes a long way - even if it ends up being false hope, right?

First of all I think the amount is not that much and nowadays the interest of people towards airdrops is increased so much that this will definately not help much to gain and attract the interests of people.

Secondly the details should be more clear and elaborated to get a clear picture of the airdrop. I don't think you have provided enough details. So please enhance your pitching criteria and skills.

[Godday]

Lol $50,000 is nothing if you were around in the era of ICO. Airdrops were so rewarding, even the ones that were of meaningless tokens. I remember getting an airdrop of some random token and even forgot about selling off the coins, the token value would then go up to around $4k.

So yes, just like we saw faucets die out, airdrops will also become completely meaningless and a waste of time in the near future. In fact, most of them are already useless.

Yes, you are right there. In the beginning, the airdrops will be hot, to be honest, but later, when we go back to the bear market again, for sure, the airdrops will lose their value. Only now is the hype high in the majority of the of the crypto community in this industry.

And not all airdrops are successful in the end either; only a few airdrops are successful. Remember that, so it is still necessary for those who want to participate to be careful and smart in the airdrops they participate in anyway.

What people should be aware of is the fact that not all airdrops will be successful and will award prizes of up to tens of thousands of dollars. Many airdrops require participants to make transactions on their network and they will earn rewards. Some of the successful ones that I know of are arbitrum, manta and jup. But there are many airdrop projects that fail to get listed on exchanges and end up harming the participants.