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Author Topic: Are Airdrops Still Worthwhile?  (Read 365 times)
Wexnident
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July 21, 2024, 10:23:40 PM
 #21

They still happen(airdrops) and I reckon some people still make profit out of it hence why it still happens in the first place. It being profitable is another thing though. I haven't done any since before and even till now still don't think it'd be worth the time and effort spent. I'd much rather just grow my skills instead.

You certainly won't see much here though. I'd say go to X and some big crypto discord groups. They usually have a lot of news for projects with big airdrops.

R


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July 21, 2024, 10:54:56 PM
 #22

The only way airdrops will stay profitable for small time farmers is if they sybil the fuck out of non-liquidity based airdrops. If it's based on liquidity value then whales win but if it is based on retroactiveness and activity, sybil win. The only way it has been profitable for anyone lately is if they sybiled or put a shit ton of money in a tokenless protocol because there is just too much dilution available in the space right now. There are no big drops anymore because the dilution happening right now is insane.

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July 22, 2024, 03:23:06 AM
 #23

I don't do airdrops, but my friend who does them still gets paid even though he has to do quite a lot of airdrops every day. Whether it's worth it or not, I don't know. However, some of these airdrops do not pay, or pay but we need to wait in the long term. However, it would be better if you just try to find out directly whether the airdrop is still worth it or not, because doing an airdrop doesn't require much money, but it does take time.


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July 22, 2024, 04:34:44 AM
 #24

The only way airdrops will stay profitable for small time farmers is if they sybil the fuck out of non-liquidity based airdrops. If it's based on liquidity value then whales win but if it is based on retroactiveness and activity, sybil win. The only way it has been profitable for anyone lately is if they sybiled or put a shit ton of money in a tokenless protocol because there is just too much dilution available in the space right now. There are no big drops anymore because the dilution happening right now is insane.
couldn't agree more with this.

most of the airdrops are diluted, the non liquidity based are fully infested with botters to the point that there are so many addresses interacting with protocol 24/7 as if the owner of the address never sleep  Grin.
the competition is crazy, the average people will not get big reward like before.

I think it will get better once people realize it is too diluted to not be just a waste of time and they dipped the airdrop space, sort of great reset for airdrop.

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July 22, 2024, 01:32:02 PM
 #25

Of course, especially if you don't have the means to actually invest on a project, this would be a good alternative. In most instances you'd be doing tasks to comply and be qualified eventually for the airdrop. There are instances wherein projects are not paying their participants and unfortunately, it became somewhat a part of everyone's journey in airdrop. To lessen its occurence, always check for the project's community and be updated of the project's progress. If there are things which are odd then it would be your call to leave the campaign. The reward nowadays on airdrops are no longer as big as with before but again, it is the only way to at least have holdings of the project you are interested with. It is like using time and effort instead of putting your money into the project, and I see nothing wrong with choosing this pathway towards profit.

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July 22, 2024, 01:55:53 PM
 #26

Bounty hunting seems dead in Bitcointalk. Are there members still making money via airdrops?
I think that there are still people that makes money from airdrops. But it's either they're not here in the forum and just purely grinding looking for those projects that are to be launched. From the forum, there are still some and they're like lotteries depending on how the project will be successful or not. As you've said, it's almost dead and we can see that there are only a few of them that actually pays. We're already far behind from the glory days of bounty hunting. It's alive around 2016 and 2017 where the altcoins have boomed. 2021 it came back but now, I don't know on which state it is but they seems to be falling off.

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July 22, 2024, 06:55:04 PM
 #27

The only way airdrops will stay profitable for small time farmers is if they sybil the fuck out of non-liquidity based airdrops. If it's based on liquidity value then whales win but if it is based on retroactiveness and activity, sybil win. The only way it has been profitable for anyone lately is if they sybiled or put a shit ton of money in a tokenless protocol because there is just too much dilution available in the space right now. There are no big drops anymore because the dilution happening right now is insane.
couldn't agree more with this.

most of the airdrops are diluted, the non liquidity based are fully infested with botters to the point that there are so many addresses interacting with protocol 24/7 as if the owner of the address never sleep  Grin.
the competition is crazy, the average people will not get big reward like before.

I think it will get better once people realize it is too diluted to not be just a waste of time and they dipped the airdrop space, sort of great reset for airdrop.

The leaderboard will be full of whales with millions of points because they are risking big money for liquidity, we know Justin Sun is still hunting with airdrops by spreading ETH rules on various protocols.
As small people we will be mired, because small capital = small points so don't expect too much the farmers are now smart to do a safer sybil.
I remember the CEO of memeland farming on zksynch and getting more tokens, so we only rely on freebies that are not much and then the tokens are vesting.

R


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July 22, 2024, 06:56:33 PM
 #28

Bounty hunting seems dead in Bitcointalk. Are there members still making money via airdrops?

IMO, I would say that some airdrops nowadays are just worthless and we know that telegram mining apps just popping out of nowhere and milking people to buy stars or TON and to get more airdrop tokens which I think they will just do an exit scam which people cannot do anything on it.

It's really hard to know if the airdrop is legit and it needs to waste your time first before you will know if their tokens will be on exchange and how many you will be getting.


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July 22, 2024, 07:40:14 PM
 #29

Bounty hunting seems dead in Bitcointalk. Are there members still making money via airdrops?

Bitcointalk platform isn't the only platform which participants goes in hunting on bounties. Perhaps aside bitcointalk platform, these airdrop projects are also run in the telegram including discord Twitter and there're actually seasons when these airdrop projects are dominance or trending so if you don't find an expected airdrop project here, it's either the managers prefers to run it at other platforms or the project has ended because airdrop isn't endless projects.

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July 22, 2024, 07:51:19 PM
 #30

Bounty hunting seems dead in Bitcointalk. Are there members still making money via airdrops?
We're working on a new type of airdrop, I think the original way is still good, but you have to get lucky, because everyone can join it and then each person gets very little for their efforts.

...
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July 22, 2024, 07:51:59 PM
 #31

Bounty hunting seems dead in Bitcointalk. Are there members still making money via airdrops?

Bitcointalk platform isn't the only platform which participants goes in hunting on bounties. Perhaps aside bitcointalk platform, these airdrop projects are also run in the telegram including discord Twitter and there're actually seasons when these airdrop projects are dominance or trending so if you don't find an expected airdrop project here, it's either the managers prefers to run it at other platforms or the project has ended because airdrop isn't endless projects.

Agreed 100% there are many telegram groups and channels that get their own exclusive deals, most I dont really see on Bitcointalk.

...
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July 22, 2024, 11:25:31 PM
 #32

Bounty hunting seems dead in Bitcointalk. Are there members still making money via airdrops?
Bounty hunting is different from airdrops, but you can say that both have similarities like you need to promote them on various social media platforms in order to get "PAID" or you need to do certain tasks for you to "RECEIVE" tokens.

Take note that I capitalize the term "paid" and "receive" because I want to say that the reward that you can get by participating in these 2 are most likely not worth especially in bounty hunting. I don't want to say that it's dead already since there are some new projects that are launching their bounty campaign here, but for me and for most here, it isn't worth the time. As for airdrops, nowadays if you want to get a huge number of tokens, you need to invest huge amount of money into their project. That's how airdrops are right now unlike in the past that you'll just need to put your wallet address and you're good to go.

I tried joining airdrops this year, and for me, it isn't worth it unless you have a huge amount of money to invest. Is it worthwhile? Yes, if you have huge amount of money, but aside from that, no it isn't

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July 23, 2024, 12:32:02 AM
 #33

Airdrops can still be worthwhile. While some offer genuine opportunities (playk8.io), many have become marketing gimmicks. Due diligence is crucial before participating.
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July 23, 2024, 05:22:55 AM
 #34

IMO, I would say that some airdrops nowadays are just worthless and we know that telegram mining apps just popping out of nowhere and milking people to buy stars or TON and to get more airdrop tokens which I think they will just do an exit scam which people cannot do anything on it.

It's really hard to know if the airdrop is legit and it needs to waste your time first before you will know if their tokens will be on exchange and how many you will be getting.
telegram mining app is just masive waste of time, this is one I agreed  Grin, just for example, $DOGS where we need to buy stars to get additional DOGS, doesn't seem a good deal to me, since people could just get it for free old telegram account.

other than that Hamster Kombat, like many has elaborated, literally farming on their users delaying TGE so that they can make their users watch their youtube for ads revenue and mind you every video they pumped has at least millions of view despite the video just full of recycled news with AI voiced narrator!  Grin



You certainly won't see much here though. I'd say go to X and some big crypto discord groups. They usually have a lot of news for projects with big airdrops.
just be careful with some posts in X though so many of them are just farming for followers and their guides to airdrop sometime link to harmful sites that could steal all our money.
always better to ask discord and get answer from the team themselves.

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July 23, 2024, 05:49:15 AM
 #35

Of course! There are lots of opportunities on TON chain currently, however, I must admit that the whole process has become a bit more demanding, both for new users and people with farms alike.

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July 23, 2024, 06:55:56 AM
 #36


Only people participating in Airdrops can answer this question, but bounties are still live just that they don’t pay much as they used to pay before.

Recently, Telegram based tokens Not coin awarded a lot of people their coin which went viral few months back which also yields more telegram bases airdrops that some of them might end up as a scam.
There is no certainty in airdrops, but they can still pay you some money; although they don’t worth attention anymore.

It seems like the airdrop is to increase the use of crypto among various users so to know more about it and from the purpose of the airdrop itself, to increase awareness and circulation of new tokens or coins in terms of their usefulness based on those who express interest in the airdrop and hoping to win the lottery, if you plan To take the airdrop, make sure you are active and follow what they announce in order to fulfill the conditions they want to get the prize, even though there is no certainty in the airdrop, at least there is a chance that will lead to it.

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July 23, 2024, 07:10:32 AM
 #37


Only people participating in Airdrops can answer this question, but bounties are still live just that they don’t pay much as they used to pay before.

Recently, Telegram based tokens Not coin awarded a lot of people their coin which went viral few months back which also yields more telegram bases airdrops that some of them might end up as a scam.
There is no certainty in airdrops, but they can still pay you some money; although they don’t worth attention anymore.

It seems like the airdrop is to increase the use of crypto among various users so to know more about it and from the purpose of the airdrop itself, to increase awareness and circulation of new tokens or coins in terms of their usefulness based on those who express interest in the airdrop and hoping to win the lottery, if you plan To take the airdrop, make sure you are active and follow what they announce in order to fulfill the conditions they want to get the prize, even though there is no certainty in the airdrop, at least there is a chance that will lead to it.

Yes, agree! There are too many projects in recent times to get into all of them for the sake of airdrop only (especially on the TON chain), however, if you do start it, make sure you put your effort into it, as it can bring good rewards if the project is trustworthy. However, the details can be unclean, the tokenomics can be bad, and the allocation afterwards can feel unfair, and that would be totally okay!

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July 23, 2024, 07:19:19 AM
 #38

Bounty hunting seems dead in Bitcointalk. Are there members still making money via airdrops?
Hahaha...that aggressive way of pushing people to do some bidding? I don't like it. Well, just like we see today on the internet, airdrops are still happening, but you may want to rely on luck most times, too many lies are out there, and they are only using people to gain relevance for their marketing purposes.

Airdrop was at its best when cryptocurrency was newly introduced, and of course, some are still scaling through. You can imagine the recent Notcoin airdrop and this month's PIXFI. They are good ones among the many failed and scam ones. There is no way such like them will not continue to happen amid the ugly trend of fake airdrop promises, it's you who will decide whether or not you are in for the stress and the uncertainty.

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betswift
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July 23, 2024, 08:40:42 AM
 #39

Bounty hunting seems dead in Bitcointalk. Are there members still making money via airdrops?
Hahaha...that aggressive way of pushing people to do some bidding? I don't like it. Well, just like we see today on the internet, airdrops are still happening, but you may want to rely on luck most times, too many lies are out there, and they are only using people to gain relevance for their marketing purposes.

Airdrop was at its best when cryptocurrency was newly introduced, and of course, some are still scaling through. You can imagine the recent Notcoin airdrop and this month's PIXFI. They are good ones among the many failed and scam ones. There is no way such like them will not continue to happen amid the ugly trend of fake airdrop promises, it's you who will decide whether or not you are in for the stress and the uncertainty.

Yeah, Notcoin set up the standard that not many projects can reach (or even try to do it). I hope to see PIXFI allocate their drop fairly for the community.
Even if it became a bit harder to get something out of airdrops, it doesn't mean you can't try and succeed.

fullhdpixel
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July 24, 2024, 04:51:01 PM
 #40

Nothing that was free can become really valuable in my opinion
Nah, that's not true. If you got lucky on the airdrops and bounties, you can make a really valuable amounts of money from them. I think they can still be considered to, as free because some of them doesn't require us to deposit some money or cryptos first. There are some who does that but it was still optional and they might still offer a better reward than the free ones.

This is why programs like these can still get a lot of demand from the public. It can only be the same as investing, trading and other paid earning opportunities out there. Aside from them, there are also faucet sites. They might give tiny amounts but if we can HODL them for a long period of time and we can get lucky that the cryptos that we hold have pumped up, that can also give us a fortune.

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