Airdrops Emerging As The Latest Marketing Tool For Platform Coin

Agozyen

sr. member

Activity: 672

Merit: 252

Until the end

Quote from: waiki on April 10, 2018, 11:12:20 AM

An undeniable fact of the crypto revolution is that the great growth in the platform will continue as well as Airdrops. There are currently over fifteen hundred cryptos, with many more being developed. When the ICO explosion started last year, new coins easily attracted attention.

And now it's not like that anymore, because the market has become crowded with coins competing for their sake. Airdrops has now become a common tool for teams that want to get their platforms filled with coin enthusiasts.

The simple logic of an airdrop campaign is to give away free coins is an effective way to draw attention to the new crypto platform. Although there have been several airdrop for several years, only recently have they become common.

Castle Airdrop Platform (CSTL) aims to have other projects use their platform to distribute/airdrop coins to Castle HODLers. This could potentially be a game changer.

https://discord.gg/sfaU8Ey

https://twitter.com/Castle_CSTL

sweerty1

sr. member

Activity: 453

Merit: 251

Presale Starting May 1st

I don't think airdrops are killing cryptocurrency economy but I dislike seeing people coming into projects just because free coins. They basically wanna do nothing and get coins to make money its not fair thing at all..

bigmelons25

member

Activity: 240

Merit: 10

Quote from: fia_naila on April 11, 2018, 03:15:54 AM

Dont support those airdrop it will only crash the economic of crypto. The best marketing is only bounty if project did some airdrop only for register in telegram it will not getting any good result. You have much member in telegram but not investor. Bounty in bitcointalk is still good to do. The legit airdrop is only ripple,stellar and deep union as far as i know. And the airdrop like bcash did.

lol no, a ton of other legit projects did successful airdrop distribution like nano and nem. Marinecoin is doing a similar airdrop currently as well.

adroitful_one

legendary

Activity: 1568

Merit: 1041

1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR

Quote from: waiki on April 10, 2018, 11:12:20 AM

An undeniable fact of the crypto revolution is that the great growth in the platform will continue as well as Airdrops. There are currently over fifteen hundred cryptos, with many more being developed. When the ICO explosion started last year, new coins easily attracted attention.

And now it's not like that anymore, because the market has become crowded with coins competing for their sake. Airdrops has now become a common tool for teams that want to get their platforms filled with coin enthusiasts.

The simple logic of an airdrop campaign is to give away free coins is an effective way to draw attention to the new crypto platform. Although there have been several airdrop for several years, only recently have they become common.

This is exactly because of what you said. User 1 get's a certain amount of free coins and reads up about it. They then become invested in the coin and wish for it to succeed. User 1 then tells User 2 about the coin and User 2 gets the free coins as well. This just keeps going until there's no more coins to be given out. It's really a good way to get the word out about your coin. Everyone likes free stuff.

akitha

member

Activity: 742

Merit: 10

for some other coins they are using airdrops, but the bad thing about airdrop is once they enter the exchange coin reputation is damage as dumpers are coming to sell there coins

fia_naila

sr. member

Activity: 770

Merit: 258

The Standart Protocol - Solving Inflation

Dont support those airdrop it will only crash the economic of crypto. The best marketing is only bounty if project did some airdrop only for register in telegram it will not getting any good result. You have much member in telegram but not investor. Bounty in bitcointalk is still good to do. The legit airdrop is only ripple,stellar and deep union as far as i know. And the airdrop like bcash did.

jomarkororo

newbie

Activity: 266

Merit: 0

I agree..but some of the aidrops now are with refferals and also some are asking for to send 0 eth but with gas. Any ways it doesn't matter if you spend 0.0002 gas fee if the coin has a value more than the gas you spent

waiki

jr. member

Activity: 224

Merit: 1

An undeniable fact of the crypto revolution is that the great growth in the platform will continue as well as Airdrops. There are currently over fifteen hundred cryptos, with many more being developed. When the ICO explosion started last year, new coins easily attracted attention.

And now it's not like that anymore, because the market has become crowded with coins competing for their sake. Airdrops has now become a common tool for teams that want to get their platforms filled with coin enthusiasts.

The simple logic of an airdrop campaign is to give away free coins is an effective way to draw attention to the new crypto platform. Although there have been several airdrop for several years, only recently have they become common.

Topic: Airdrops Emerging As The Latest Marketing Tool For Platform Coin (Read 105 times)