I don't know why airdrops should be considered ponzy schemes or scams. Maybe I'm getting it wrong, but aren't they just free money? I consider BCH as an airdrop, and I enjoyed it. I also participate in byteball aridrops, and I like them as well. There is no risk for me, I can just sell the coins if I don't believe in the project, so I don't know how I can be scammed with these. Maybe I'm not seeing the big picture here, I don't know.
Yes well, is there are big picture behind it?
That is the reason why I opened that thread. Because as said Im not feeling comfortable to join airdops, but I lack on knowledge about airdrops and possible risk it might contain. Like joining possible scam and being part of distributing possible scam... I duno...as said Im not comfortable with it. Would like to know more about it. Some deeper insights....
Im not saying all airdrops are scam as I dont know it... but want to know more about it..
Well and I gave you my opinion. How can it be a ponzi scheme? By definition a ponzi scheme is when the founder generates returns to old investors by payments made by new ones. You can't enter a ponzi scheme for free. If I enter a project through an airdop, I get coins for free, and I can just sell them right away. If I'm doing that, how can I be generating profits for the old investors? If I'm just selling and getting the free cash, I will probably just decrease the price of the coin. Normally that's what happens to byteball after every airdrop. Those who don't realy believe the project just sell their coins and the price drops a bit.
If you said that you are suspicious about some airdrops and you are afraid of installing their wallet in order to receive the coins etc, then I might understand your question, but you only talked about ponzi and MLM, and I don't see how that could make any sense, from the definition and mechanics of these types of strategies.
