Topic: Airdrops Getting Tougher: Is the Effort Still Worth the Reward? (Read 417 times)

Airdrop in MiniApps is just a hype and now it is no longer worth working on. Reflecting on the airdrop project that has been launched, the income is likely to be very inappropriate for what we do. Therefore, instead of working on airdrop in MiniApps, I often advise some friends to focus on working on retro projects, testnet or running nodes. Because there the stage will provide added value for knowledge about the world of web3. While the results of the airdrop are certainly not guaranteed, at least there is experience that can be gained from how to build DApps, become a contributor and understand blockchain technology more deeply.

What else can you expect with these airdrops ? They are called airdrops for a reason. It's as good as free money.
While some might get you good returns, many of them will barely give you few dollars.
It depends on you whether you are capable to take such risks.

Those old good days are long gone, forthwith you will have to go through some daily  stressful  tasks, play games and also with an expected number of referrals to be gotten before you could starting seeing yourself to be eligible for the airdrop reward. 

It's as though the widespread acknowledgement of cryptocurrency led to a curse on airdrop hunting opening a gateway for scam projects to infiltrate the space. Perhaps, this mainly the logic to why old airdrop hunting feel less interested in partaking in airdrop projects of this time looking at the dust rewards that comes with many of them.

One of the cons on which a particular project been farmed out by tons of people and a long time duration then it is really that somewhat prone into that being farmed too much or being cheated which we have seen some airdropers who do end up on making thousands of dollars because they have been that making some multiple accounts. Somehow there are really those people who do make some serious profits specially to those influencers or youtubers who do have tons of followers. Is it still worth the effort? Totally depends if you do have the time and having that patience because not all people would be having time and having that effort that they could really be having into. There are some who are really that eager on dealing up with airdrops on which there are those people who do even make it as a source of income on which this is really that very wrong. It would really be always better that you engage out with airdrops on having that approach that you are really that prepared whether it do end up some shit or not.

I do remember those old years on which you could be able to earn or eligible for airdrop on just simply signing up on a google form on which unlike now on which you would really be doing up some hard tasks.
There are even some that do require some transaction counts on which this really spend up some gas fees on which this is really that something that being needing some expense
on which it is really that already that a part of risks on which you do need to deal on with.

If we're to compare how Dogs performed with their rewards to that of Hamster Kombat I think I do agree with your thoughts that the number of participants in an airdrop project also influences the value of the rewards to be given. Dogs had a few participants and not less than about two months or so, they airdropped their rewards to the small community and it was large. But HK the level of hype got a lot of involved which probably wasn't what the developers envisioned. In some cases, it leads to postponements and extension of snapshots and listing date just to accommodate the larger community.

Well we do know this the airdrops is not the same like it was a long time ago. We know there is some people that is not happy with the airdrop for Hamster Kombat.
I was a person that did think there was going to be some profit to be made from that airdrop. There was going to be a second season to launch end of October.
But now HMSTR token is down more than 77 percent from the all time high. I do think alot of airdrop tokens will not make us profit.

Absolutely not, many projects are using a fake or useless airdrop just to promote their shitty project. Shameless!
Value your time better and you will for sure find success elsewhere. 

While I have never been part of any proper airdrop for now, I have to say that it's also not the time for them to be profitable right now neither. I believe, they are very valuable and "worth it" when the bull run starts, so if you see bitcoin at 100k+ and ethereum at 5k+ then know that there will be airdrops that actually worth something.

There will still be plenty of terrible ones, majority will always be very bad, but the good ones go from less than 1% to reaching 5-10% range to "worth it" level. That is why we should wait, if you really want to participate in airdrops, this is not the time, there is no bull run, and it is not really profitable or worth it to just spend time on it, because you are just wasting your efforts.

airdrop has now become a game of wits, the people who can max out their odds come out with huge reward, the normal average joe won't earn that much, it's only worth it if you can create edge that puts you ahead of everyone else for example big community where you can earn commission from refferal, highly increases your odds of making it big.

so for average joe, it's not worth it.
but for people who have built community around airdrop, or at least have a method to put them ahead of anyone else, it's still worth it.

but it comes back again, if you have that much free time and have nothing else to do, I guess doing airdrop isn't so bad after all.

I share same sentiment but GRASS has been remarkable if you had hodled till this moment. I didn't get a decent allocation too but to a decent decision to buy on Bitget's premarket when the price was dropping few hours before listing at $0.79 and would likely take profit today if the price touches the projected $2.

Sometimes being lucky making the right decision and being patient is rewarding.

I think we've been running out of project developer that actually want to present some innovation to the crypto world, instead we're left with pseudo-dev who just exist to milk people.
the recent TGE has been consistently disappointing for me, can you imagine, staking ETH with LRT projects for extensive period, around 1 year, with the amount of staked around 2-3 ETH only to get rewarded 50 freaking dollar after one whole year, and the devs are eating good because they got massive APR from the staked ETH of their participants amounting to millions of dollars. but the people, who actually put something at risk, got rewarded minimum amount, just ridiculous smh.

feels like, the airdrop in crypto space is being dominated by scammers.

This is true, Airdrop which is not too discussed will have the possibility of getting a large reward, yes you can say hidden gems, the term hype will have more users and rewards will be distributed to many users so that they get a little allocation from the budget Prepared for Airdrop Hunter, Eigen is a tangible form, and the grass is the bad campaign , even though they are a pretty good project.

Indeed there is nothing free in this world if you see from that point of view, some things are exchanged for the time, business and internet that we use as capital to follow it.

Airdrops are rewarding if the market is sufficient with liquidity, that's when you see new projects raised money from different individuals and then will want to make awareness about their project by spread information and then reward people for doing such but if the market is not too good, most of the airdrops that will be coming wouldn't fulfill their promises and if they don't, they wouldn't he able to pay participants that help them perform some tasks.

Projects like Eigen rewarded the participants because they minted some NFTs and that was not recently, it was some months back and some people that staked ethereum which they bridge through their network. That means they risk and trusted the project to bridge their coins and provide TVL for the project so they can give lifea and support the project, that's more like retroactive airdrop in my opinion and it's dangerous to do but if you can risk it, the reward will be bigger than what you might imagine.

Airdrops nowadays are full of uncertainty; its like a box full of chocolate, you never know what's you're going to get, There were airdrops that people have worked day and night and even paid for upgrade only to get dusts after the distribution, so they're more disappointed now, its far different from the airdrops of old but in the old days there were only hundreds of participants, now we have millions, that's because Cryptocurrency is so popular now

On the moment that you are already spending up some funds to make some onchain transactions or simply buying out something like upgrades into those games then its not considered free anymore.
Airdrops nowadays turned out to be like this on which it is really that something risky on which you dont even know if these tokens will really be that having some value or even have that airdrop in the end or not.
This is why it would really be just that depending on you whether you would be engaging with these things or not. I have tons of experience on dealing with those projects that have some incentivized tasks on which
it do really involves those onchain transactions or having those kind of tasks on which you would really be needing up to spend some gas or even needing to mint something.

Same as mentioned above that these things are also being abused with those scam devs on trying out to make money into those hopeful people or bounty hunters and falling out into their trap.
This is why you should really be that careful on choosing up on what projects you would really be trying out to deal on and dont let yourself get dragged with some hype because usually
projects which does have that tons of users are the ones who do end up on failed projects or ending up on receiving less rewards.

Free in a way that you did not spend money and there are actually airdrops (especially before) in which you will only need to send your crypto address for payment and that was it. You only need to wait for their payment dates after. With these kind of setup I wouldn't wonder anymore or complain on why some are not paying. Even the airdrops that requires us a capital can also scam us. Airdrops have evolved in the long run and project owners are now getting wiser. They think it's a good idea if people can promote their project.

This is not wrong but as long as of course they will also pay us for our efforts that we are making. We need to be wise about this and we shouldn't let that one party can only benefit at all times.

It is good that you made such a big amount from airdrop. Airdrops still pay though but you can’t be so sure of the one that will give you lots of money by contributing your little quota to the project. When a project is not hyped and no many people on them, the reward is always high and I think that was why you got really big reward for the effort you put into the project.


I have been hearing about grass but not until when they’re about to lunch. I hope they pay well for the efforts many people have put into them. Even if you don’t make a lot from grass, the one gotten from Eigen should have covered for that effort you put into farming grass. In airdrops, we shouldn’t expect much, so anything that comes from it will be appreciated and not saddened.

I believe $GRASS has some potential regardless of the fact that you got a little amount worth of it during the airdrop. I say this because I just looked it up on Bitget's pre-market trade counter and it's already climbed to $1 and I've come to understand that most of the time, these tokens that gets pre-traded before official listings usually gets listed above the pre-trade price. That's an opportunity right there mate.

everything's depends on supply and demand, there is too much hype created about airdrops. millions of people participate, if they give 1 usdt each, they needs million dollar budgets so its obvious they cant give big amounts.

Yeah, without the needed resources allocated to it, you won't be able to get good rewards, usually. That's the nature of the drops currently in the crypto space for you and these people Nobody says you can't try your luck and analysis, though.