Topic: Airdrop Fatigue: Have We Seen the Last of the Free Money Era? - page 2. (Read 646 times)

I mean it's obvious that the idea is a scam, but good for OP that he didn't mention any names, not at the first message at least as far as I can see, and that means it is not really a spam. He is actually asking a question and that's a good thing, considering most of the people are not doing something like that.

We should be realizing that things won't be that easy, and we could end up with a lot different results, it is going to be quite volatile. Some people may end up with some results that are not good at all, most people do not get anything in return, but at the same time we are talking about some good investments too, so it is not really that bad. I personally believe that he really wanted to talk about this, and yes it is going to be a scam you are right.

Faucets and airdrops were made just to spread the coin and raise awareness of its existence; they have no use nowadays.

The last good airdrop was HAM, and this airdrop destroyed the price of the coin before dropping due to the huge amount of participants, 130+ million and on average each one was entitled to 2.5 million coin. You can see the end of this era when you look at all the faucets that have turned into casinos as there no use for advertisement for something that is already known.

Starting from 2025, the only way to get crypto will be by buying it. Airdrops and faucets will be for coins that won't reach $1 even in a million year, so don't put any hope in free crypto again. There are casinos that give free crypto every hour, but your chances of getting more than $0.001 are 1 in 100,000 so forget it.

Pretty sure it's already damn obvious that it's a scam lol. And I don't think you need your trading socks for this, if you want the same experience you can just go and grab your wallet and give it to anyone outside . And no, that's not hoping, that's being gullible. Remember that you only get paid for what you work for. Pretty sure talking to a bot and connecting your wallet isn't anywhere near $50k, that's pretty much common sense. I mean you yourself realize it already no?

And even in the small chance (absolutely small chance) that it is actually real, there's probably a preventive measure that stops you from selling said token, and when you're actually able to, $50k has already dropped to idk, cents in terms of amount lol.

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.

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.

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.

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.

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.

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.

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

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

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.

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.

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.

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.

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.

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.

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

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.

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

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.
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.