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

[FinneysTrueVision]

Airdrops are as popular as ever, it seems. There might be some disappointment here and there, but in terms of quantity, there are many airdrops you can farm. Even if there are a few duds, you can still make a decent income by participating in a greater amount of campaigns.

We will continue seeing airdrops as long as new projects keep launching. For new platforms it can be a struggle to acquire a user base, that’s why they turn to points/reward systems, to tempt users with the promise of free money if they continue to engage with their platform.

P.S., You should not rely so heavily on AI assistance to write your posts. Even if you are making a good point, your posts will end up getting deleted if you continue doing this.

[coin-investor]

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?

Airdrop is now what it used to be but at least you should be specific about what you posted where did you read that, a screenshot or a link is good for us to see I know it is a scam but we'll know how they make a claim

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.

If you are update about the current market situation you're not going to believe that there's no free money now on the internet, there used to be in the early stage of Cryptocurrency but no legit platform will make one very rich without investing

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?

Scammers would like you to believe that they are going to make you very rich so you will be under their control, they want your time, your effort, and your money, and you'll fall into their trap if you're not doing the right research.

[Sayeds56]

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 completely agree with your opinion that recent announcements of Zksync and LayerZero have disappointed many people of the community who invested time and money in these two projects since 2021 or even earlier. The participants who received rewards were not able to sell them at good price as the price of tokens have declined more than 30% immediatly after their listing. In the future, we should conduct more intensive research before participating in any new opportunity of airdrop.

[peter0425]

Airdrops are as popular as ever, it seems. There might be some disappointment here and there, but in terms of quantity, there are many airdrops you can farm. Even if there are a few duds, you can still make a decent income by participating in a greater amount of campaigns.

I don’t think you should depend on airdrops for your income.

It’s more of a gamble, one in a million kind of situation so you shouldn’t treat it as a job. If you get lucky in airdrops then congratulations but it’s not really common enough or consistent to be treated as a regular source of income.

We will continue seeing airdrops as long as new projects keep launching. For new platforms it can be a struggle to acquire a user base, that’s why they turn to points/reward systems, to tempt users with the promise of free money if they continue to engage with their platform.

Lots of future investors do not have enough funds so they flock towards free distributions of tokens or coins. I mean who wouldn’t want to earn profit without spending anything? That’s the ideal situation but not everyone would be lucky enough to achieve that.

[bastian466]

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.

Yes, I was also there in those glory days, although I was not so lucky, it was impressive enough to change the well being of my life from that result, but now it is very different. Airdrop always uses rankings where the prize that gets the biggest coins or tokens is the one that is ranked number one and the maximum number of participants who get prizes is one hundred participants, usually like that, we have difficulty finding followers by sharing referral links

[CK485]

Yes, I was also there in those glory days, although I was not so lucky, it was impressive enough to change the well being of my life from that result, but now it is very different. Airdrop always uses rankings where the prize that gets the biggest coins or tokens is the one that is ranked number one and the maximum number of participants who get prizes is one hundred participants, usually like that, we have difficulty finding followers by sharing referral links

Even so, I always show for users to start adjusting their investment plans according to the latest developments, for now, apart from buying cryto directly to get digital assets to gain profits, it seems like the best airdrop for us to participate in and that is an opportunity that should not be missed. so we can get crypto without investment and won't be too disappointed if we don't get the profit we thought about to claim the free money.

[dansus021]

Airdrop Fatigue: Have We Seen the Last of the Free Money Era? To be honest the airdrop market is over hyped i mean everyone joined with the title get hundred of dollar free money but the reality is get eligible for the drop is already enough for me.

All project now had their own token and their own airdrop theis social media is hyped too airdroper like me getting farmed

[bitgolden]

Everyone keeps saying this, and to be fair I do not join any airdrops neither all that often, very rarely. However, after years of it, then one comes out and makes a lot of money and people get hyped about airdrops once again. For example, until notcoin made people a lot of money, people gave up on airdrops and nobody expected anything from them, even the people who joined notcoin basically expected nothing aside from very few.

However, it did made a lot of money for them, and in return we are now seeing people who are interested in it once again. So, we should not really consider anything dead very easily, it may not be all that easy to get rid of these, and it may take a while for people to see that. It may die and revive many times over.

[South Park]

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.

Airdrops as we knew them died a long time ago, because it was not only the monetary reward you could get with them, at the time the only thing you needed to do to receive an airdrop is to give the address in which you want it to receive it and that was it, now for an airdrop to be given you need to work for months not knowing what will be the specific conditions to receive it, so it is obvious that is not an airdrop anymore and it is just a way of bounty hunting.

[Lanatsa]

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?

If we do really tend to look up on the common sense side on why projects would really be trying out to make use of those catchy words as much as possible? They are really that trying out their very best on hooking up more people to advertise them on simply making use of that as a marketing. $50k? but in worth or equivalent on tokens/coins which actually it doesnt really have any value on which if we do really think up thoroughly then it would really be that too laughable that there would be still tons of people who would really be that trying out to dive in. Projects would really be trying out their best to hook up
people to advertise or making out such exposure and even if it means that they would really be giving out that significant allocation for that one then they would really be doing it.

On the moment that you do step your foot into this market because of free money from bounties then it would really be that totally different if you do compare it into the past.
Free money isnt something that you coudl really be able to get that so easily into this space. Gone are the days into those golden days when bounties are really that still giving that huge
profits.

[shinratensei_]

Airdrops are as popular as ever, it seems. There might be some disappointment here and there, but in terms of quantity, there are many airdrops you can farm. Even if there are a few duds, you can still make a decent income by participating in a greater amount of campaigns.

We will continue seeing airdrops as long as new projects keep launching. For new platforms it can be a struggle to acquire a user base, that’s why they turn to points/reward systems, to tempt users with the promise of free money if they continue to engage with their platform.

The main reason why there's disappointment in airdrop is the fact that there are so many participants that allocation for each person is too small, as you said, airdrop is as popular as ever, it's just different mechanism that these airdrops used to determine the deserving people to receive the airdrop.

but we shouldn't ignore the fact that big whales, institutional investors and so on are also trying to get their share by following some of the airdrop program prominently the one that just require staking capital further diluting the allocation for the event that already so diluted due to too many participants, to mention one is justin sun, literally staking half billion worth of ETH just to stake in airdrop progam held by ether fi racking half of the rewards and he keeps going.

the little guy can do nothing about it.

[CK485]

Airdrop Fatigue: Have We Seen the Last of the Free Money Era? To be honest the airdrop market is over hyped i mean everyone joined with the title get hundred of dollar free money but the reality is get eligible for the drop is already enough for me.

All project now had their own token and their own airdrop theis social media is hyped too airdroper like me getting farmed

I think the current situation and people have high hopes because of this airdrop, by continuing to monitor its development for now to claim free money by maximizing their performance and looking enthusiastic, so the airdrop seems popular in all circles and it continues maybe there are some disappointment but that doesn't hinder their intentions because there are lots of airdrops you can get right now.

[Dyakoff]

airdrops will also become completely meaningless and a waste of time in the near future. In fact, most of them are already useless.

I think the airdrops will evolve. Because a 10$ reward is not encouraging enough. So it's either die out, or evolve.
I believe in change, because we are already seeing it on the market.
For example lets take the Prom Network Testnet Campaign.
Now at first glance it really looks a typical testnet activity: claiming test $PROM tokens from the faucet, conducting transactions, and minting NFTs and tokens. T

But if you read the campaign rules, you shall see that the reward system is pretty unique.
Because the reward for the testnet is not the airdropped tokens, but aa Delegate role in the DAO, giving user a share of 30% of Prom Network's profits.
Yes, there will be a prize pool of 1 million $PROM tokens, but these will be locked and will only be used as tools for a Delegate to exercise their voting power.

Now the funny part is, that a lot of participants of the Prom Testnet Campaing did not read the campaign rules and believe its a simple token airdrop of 1 million $PROM. Lol. I can just imagine their surprise when they realise they can't sell or transfer these tokens. And that they now have a voting job to do.
But if you think about it - its a great idea.
This setup ensures that Delegates receive ongoing income from network profits instead of a one-time gain from selling airdropped tokens.
And people who are rewarded have no way to sell their tokens on the market and crash the price. And if they want to start making money from their role,s they actually have to work more to help the project develop and grow.

I expect to earn at least $1,500 in my first year as i get a Prom DAO role. However, I need to secure my position soon, as the mainnet launch is approaching.

[aioc]

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.

I'm also a part of that lost era, an era that will never come back if you're part of that era; airdrops are one of the most anticipated projects because it's easy for the coin to get in the market, and the investors will be in a hurry to buy

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.

Airdrops in the past were very different from the airdrops we know today; in airdrops in the past, you just sent your address to the developer, and they would send you their coins right away without you doing anything, compared to airdrops today, where you do tons of task before you receive a small portion of the coin or token and sometimes airdrops are raffled on who gets the most number of tasks delivered

[justdimin]

The main reason why there's disappointment in airdrop is the fact that there are so many participants that allocation for each person is too small, as you said, airdrop is as popular as ever, it's just different mechanism that these airdrops used to determine the deserving people to receive the airdrop.

but we shouldn't ignore the fact that big whales, institutional investors and so on are also trying to get their share by following some of the airdrop program prominently the one that just require staking capital further diluting the allocation for the event that already so diluted due to too many participants, to mention one is justin sun, literally staking half billion worth of ETH just to stake in airdrop progam held by ether fi racking half of the rewards and he keeps going.

the little guy can do nothing about it.

And that's only if there is anything to even share, there are already very few that does it very well and most of them do not even do it that well, considering that, we should realize that it is not going to be acceptable to do it any other way, and would lose time for people.

When there are very little successful ones that distribute anything, and most of those have way too many people that deals with it, the return is very small very rarely. Because of that, it's understandable that people are disappointed in it, I would be too if I spend that much time and out of 100 that I spend only a few would give me anything and it wouldn't worth anything for my time. That is why I do not participate in them anymore, I just try to avoid them if I can unless I really really believe in it.

[Altcoiner007]

I can also relate with the era when we didn't have to do much to earn an Airdrop of good value. It was quite basic, follow social media account, join community and fill a Google form where you'd be asked to include your wallet address. Simple, it was. Now we get to be farmed in the name of farming and at the end, what you see in your dashboard is "You're not eligible" or get some tokens with low value when listed.

If you've got an event ready to Airdrop with good promise of value. Not audio $50 or $50k. Drop the link here and the community will get filled up in 3 seconds.

[Mustang Shelby]

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.

The era of airdrops may be coming to an end, but people are still doing some tasks for airdrops. This period is a period that gives a little more importance to the community. In the past years, there were shitcoins that sent airdrops without doing anything. This is an airdrop period where those who test the system are rewarded. I think telegram games will end soon.

[el kaka22]

To be fair people who expect a lot of money from simply doing easy tasks are shocking to me, you are just retweeting and following and what not, how much money you think you deserve for doing those things?

I understand that projects promise you so much, but let's be realistic it's obvious that they are lying to you. I get that you may consider that as marketing and when thousands of people do this, you think that marketing worths something, but we have been proven many times over that it is not worth anything.

Even if a million people follows a twitter account, and retweets it in 100k+ numbers, and joins all the communities, the end result will not be good at all and we are going to end up with nothing. It's just a few clicks that's it, nothing more and it is not worth anything in the end. Investors do not look at how many people joined the airdrop at all, when they are willing to spend their money, they look at the project itself and why they should spend their money on it. Because of this, we are looking at something that is going to be not that easy to convince these people with just airdrop chasing followers, they know better than that. Hopefully we could see better marketing soon enough.

[wxa7115]

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.

Airdrops in the past were very different from the airdrops we know today; in airdrops in the past, you just sent your address to the developer, and they would send you their coins right away without you doing anything, compared to airdrops today, where you do tons of task before you receive a small portion of the coin or token and sometimes airdrops are raffled on who gets the most number of tasks delivered

That is because airdrops back then were in fact airdrops, basically free coins that you got simply by asking them, however the developers of today deceive people from the beginning by claiming there will be an airdrop, when in fact this is nothing more but a bounty.

Now I have nothing against bounties, but bounties are not airdrops, so not only you are not receiving free coins in order to test the network, but now you have to work so hard for them that I wonder why people do not do something else with their time, as they could easily get way more money if they dedicated those efforts to other endeavors.

[Plaguedeath]

Airdrop is one of trend in cryptocurrency, so you shouldn't expect there will be a comeback for airdrop.

It starts from ICO, IDO, MEME, DEFI, P2E, NFT, BRC-20, Airdrop, the next trend will be different from what I mentioned before. Don't forget that Metaverse is a failed project, it was once quite popular, but never been a trend till now.

AI and machine learning are overrated too, there are not trend for this thing.