Topic: Airdrop Fatigue: Have We Seen the Last of the Free Money Era? (Read 663 times)

It is important to always be careful and do your own research before participating in these types of events. Many projects use large giveaways as a marketing tactic to attract a lot of investors to their token projects such as airdropping large amounts of tokens to get a lot of holders in their wallets. Especially in today's volatile market. It is better to learn more about the projects you may be interested in, and maybe later find new opportunities in doing so, although not all airdrops are bad, but by giving away a large amount of value, it may just be their technique.

We don't understand this. Nobody gives money for free. In AirDrops, project owners are currently focused on making their money. Projects that you regularly enter for months are constantly delaying distribution with various excuses. That's why Airdrop is like a miracle now, and the amount they will give will probably not exceed $10. There will probably not be another Notcoin.

I think it's not just about the current state of the market that made these people lose their confidence about the coin and all that stuff, the thing is that airdrops where a massive thing back then, but after the scam projects took advantage of the airdrop hype and mechanic people just assumed that every project who doesn't make it hard for their members to earn their coins without buying is a massive scam and should be avoided, eventually projects just stopped doing the airdrop mechanic cause there's no point in provisioning a mechanic that would only garner a few users when you're putting up too much money for it.

So yeah, I think along with the lack of confidence for the market, as well the bad reputation of airdrops in general, airdrops just died.

That is the prize pool of a very small airdrop even in this market state, I have seen way more significant airdrops and the prizes surpassed millions of dollars. Some airdrops or people are marketing for their projects in this bearish market to get more participants and gain their trust for a better investment size, which is something I cannot judge or say it won’t work. However, it seems a very risky thing to do which is launching in a bearish market.
Airdrops lately became something very trendy once again, and due to the competition between several projects the pools or tokenomics of it is getting bigger and focusing on the airdrop, that’s why it is normal to find significant Airdrops in this market state.

Lol, $50,000 right now is least reward for what the new airdrops tokens flowing in the market are promising as rewards, we are talking millions in rewards only that 98% of them are scam they fail to fulfill in their promise.  What I feel is that those airdrop projects that promises less reward tokens have the high tendency to pay and this is true because a few airdrops projects I have participated none of them with bogus rewards delivered on it. It's either they pull up some conditions to deny many participants legibility and it's very frustrating.

Valuating airdrop value (or bounty) on some estimation of a market price is just misleading in purpose, which automatically labels it as a scam in my book.
Or saying that they are giving up that in dollars (or even fraction of that) is such an obvious sign of scam. That wouldn't even make any kind of logical sense so debunking it wouldn't be worth the effort.

But i have been here quite a while and quitting crypto for a taco stand is setting a bar really low. I mean it's admirable job and depending where you live, it can be a solid choice. And if you would get that with one airdrop, i would say cash out and do what your heart wants. But even if you started the taco truck business, you might want to put some money to crypto as a side hustle. Because if you think $50k is a quitting money to you, you are underestimating how much potential more money there's to be made with crypto.

During the ICO era way back in 2016–2017, it can really be said that those times were good; even with the airdrops back then, which were simple, you would get immediate rewards just for signing up, and with ICOs, the earnings were really big.

unlike now that those who do airdrops are no longer easy; instead, they will make it difficult where you have to use oera just to be a qualifier for the rewards.

Honestly 2021 had that period too, either from airdrops, or from bounties or from whatever elses, and that means that we are going to end up with something much larger with that type of idea. We are going to see this growing to be a much bigger situation so it is not going to be that easy to handle any of this, hence we need to be careful about it. We are going to do something much better with time, so it is going to be not easy to handle.

What we are going to do right now is just realize that next up we are going to see something much better with time, in 2025 or so I am expecting airdrops to be actually profitable, not all of them but we will hear a lot more of these stuff becoming more important and more profitable as well.

in 2017-2018 era will never come back when i also got a several airdrop which is worth of thousands of dollars from every airdrops,
and task was very easy just like tweet and retweet and submit wallet address, but now airdrop is very complicated, especially testnet airdrop isn't free,
spend money and have to complete every day task but no guarantee about eligibility, no free airdrops nowadays.

Airdrop era is definitely over (likewise what we have seen on 2017 with dozen announced daily).

I think it's still possible that profitable airdrops will come out (at least 1000 dollars as value). But they will be really rare and above all DIFFICULT to identify... I will not be focused too much on it since there are many other activities that can be easily followed with btc/crypto in general...

BTW an airdrop of 50K USD sounds like as a scam since no one can garantuee such high values always pay attention to such claims.

The era for the airdrop is still happening, and i don't even see the point to call that if airdrop's era is coming to its end. Hundreds of projects regularly launched their airdrop through automation platforms like Zealy or Galxe. But, many comments said the era for the EZ airdrop had ended.
People can't accept that they should try harder to get airdrops. Many projects are still running various airdrops.

It's not right to call the era for airdrop's end now.



I took the picture from galxe, and there are bunches of airdrops running there.

Two months ago, I met a young man in a physical casino, and he was discussing with his friend how he was going to use the money he would make from some of his telegram airdrop to rent a house and set up his business. He showed him about five telegram airdrops that he was farming. He was so convinced that he would make money from them, and he even started searching for a house to rent. I simply told him to go and seek for job instead of putting all his hope on these airdrops. I informed him that these airdrops should just be seen as an uncertain additional source of income. I saw him yesterday, and he is still living in his elder brother's house. He told me how frustrated and disappointed he was because, most of all, the airdrops he had farmed were worthless. We can do our research to determine the authenticity of these airdrops, but we should have at the back of our mind that there is a 50/50 chance of success.

Agreed, airdrops can be mixed bags, some offer decent rewards while others lead to disappointment to many participants, time, efforts and money spent on farming airdrops goes in vein. I am still optimistic that some upcoming airdrops specially Eigen layer, Linea and some being farmed on telegram channel can potentially distribute substantial reward.

In summary, we need to be more selective while choosing airdrop projects to farm and conduct through research and due diligence before putting in efforts is essential to maximizing returns.

There are a lot of challenges that need to be faced, and that's normal, even so, everything needs to be tried to get free money, what's more interesting than making money without investment, this is one of the good marketing strategies, for this crypto industry at least you need a clearer understanding of this airdrop, and by getting a value that doesn't match what you think and it becomes a heavy burden, and makes people always hope to get their luck back.

Airdrops are over saturated, and projects ask more than doing bare minimum these days, and yet airdrop farmers do everything possible in their imagination on what could be the possible eligibility criteria and farm those airdrops.

Look at this ZKSync farmer: https://x.com/k1z4_/status/1804498112154620370 — he was eligible for $ZK in 350 wallets!

the free money now coming from the VCs project with their tokenomic of allocating certain percentage to community and early contributors that help build the ecosystem, sounds fair enough to me tbh.

I think the hard condition is to filter random people from just doing the bare minimum to qualify and dilute the reward, but yeah, it's a lot more complicated than back then and sometime the reward is disappointing despite the really hard requirement to be eligible.

it might be just a waste of time for most of people who value their money at the end of the day.

Crypto has a pattern in everything they do in it. Just know that in every trend, there is going to be a good one and there is going to be some bad ones, no doubt about that one. During ICO times, there are some projects that came through that process that are considered the best today and there plenty of them that died during that time. The same is for airdrop. We have the good ones which are rare and the rest are just time wasting and not worth the effort.

In the next phase of airdrop, there is going to be more of it but it in the next, it's not going to be the same like this one just like this one is not the same like the old ones. With time, there is going to be more evolution of aidrops and free things to attract new people in crypto and have more trust in crypto once again.

The retrospective airdrop trend that started with these forks is still continuing and there have been plenty significant airdrops since then, albeit on different chains than Bitcoin so you might not be aware of it.

To be honest I am missing all that 2017-2018 days in which we can end of free money era I may agree with these even in the name of the free airdrop we had seen the team had put really hard condition in their campaign that's almost impossible for anyone to get that drop even if the person is grinding but still it's wrong to say that era has been ended still nft,ai project and meme coin definitely doing really good job what do you think

It's more of 50/50 chances like you said, a lot of airdrops spamming the crypto space and it's hard for newbies to differentiate between legit and scams. After the success of NOTCOIN airdrops, many people in my country are now flooding into telegram, farming for airdrops and they're tapping many projects in the hope of getting airdrop rewards from them, but I won't be surprised if majority of them get scammed because most of them don't have crypto knowledge, they're only interested in the rewards. The airdrop era can last as much as it can, the important thing is to at least DYOR first.

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.

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.

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

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

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.

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.

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.

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.

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✍️👍

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.

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.

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.

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.

Wow $4k? That’s huge.

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

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.

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. 

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.

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.

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.

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.

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/

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.

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.

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..

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.

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?