An airdrop, in the cryptocurrency business, is a marketing stunt that involves sending free coins or tokens to wallet addresses in order to promote awareness of a new virtual currency. Small amounts of the new virtual currency are sent to wallets for free or in return for a small service such as retweeting a post sent by the company issuing the currency.
though one cannot say is waste of time because if its is a good project one is good. one thing its full of risk because crypto airdrops can be pump-and-dump schemes. That is, owners of the cryptocurrency could be artificially inflating its value in order to make a quick profit.
so as a waste of time inconclusive
Odebowa thanks for short explanation about airdrops. I agree with you that airdrops are a marketing stunt, and
like all stunts some are good and some are not. For sure many airdrops can be a waste of time, bad and scam
projects also use this tactic to draw in more people. Like always I think people should do a quick research before
they hurry to claim free coins, some of them are worthless without possibility to rise in the future.