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Topic: can someone explain to me the motive behind airdrops? - page 6. (Read 1689 times)

member
Activity: 566
Merit: 10
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
For me I think the intention of majority of developers concerning airdrop is to gain cheap publicity for their projects. And the funniest thing is that people will not even think of the reward, they will just jump to every airdrop that comes their way. Although profitable airdrop had existed in the past.
jr. member
Activity: 546
Merit: 3
The motive behind airdrop is to create massive awareness for a project. Projects use airdrops to drastically increase the number of people in their Telegram group. Generally they use airdrops for publicity and social media outreach.
sr. member
Activity: 840
Merit: 268
I'm still wondering why developers will organize airdrops and distribute an amount of tokens which is far lesser than the minimum amount of the tokens that can be deposited on an exchange for trading. If you don't want the users to cash out the money, why do you let them waste their time?
It's a bad marketing strategy in my opinion.

Let's say if they sent 1m token to 50k addresses then maybe almost 50k peoples will know about the project and those 50k peoples will probably look for the price and will also try to learn more about that project.

Maybe some peoples will convert and will do promotional works (bounty) for them to earn more of those tokens. And from promotion, they may get investors to get funded up their project.

They send such low amount because they don't want peoples to dump the tokens when they will list the token in exchange. It's just a marketing startegy imo, and win win thing for them.

It's a good marketing strategy. I once joined an airdrop and it only took 10 days for my airdrop worth reaches 1000 usd JUST FOR FREE. And they only gave some coins to lucky 1000 people and I only waited for 10 days just to have 1000 dollars. Just imagine. Hodlers of a coin makes the coin's price go up.
jr. member
Activity: 453
Merit: 2
https://goldeth.io/
talking about airdrop has a good side as well as a negative side, airdrop describes an alternative to promoting projects other than ICO. to get Token generated from airdrops is also not too difficult, but a negative side that needs to be noted is that token airdrops cannot be guaranteed as profit.
Yes, Airdrop Tokens do not guarantee that we will get a decent profit, because so far Airdrop generators are very cheap, so Airdrop is only a cheap promotional material from a project to attract buyers to buy their Tokens.

yes that's one reason why some bounty hunters don't like airdrop because of a number of reasons including airdrops tokens that can't be set as a price benchmark, but I think there are still some people who like airdrop.
member
Activity: 798
Merit: 14
The main purpose for airdrop is to attract and build community members for the project. Another one is to increase the number of the token holders it's also a means of advertising for the project to seek out investors.
member
Activity: 598
Merit: 10
talking about airdrop has a good side as well as a negative side, airdrop describes an alternative to promoting projects other than ICO. to get Token generated from airdrops is also not too difficult, but a negative side that needs to be noted is that token airdrops cannot be guaranteed as profit.
Yes, Airdrop Tokens do not guarantee that we will get a decent profit, because so far Airdrop generators are very cheap, so Airdrop is only a cheap promotional material from a project to attract buyers to buy their Tokens.
member
Activity: 1260
Merit: 21
Cheapest way of advertising your project and creating awareness through thousands of people with a very low cost, Airdrop is a very strong tool to advertise your project, it helps project to build their followers or future investors and strong community, airdrop can attract thousands of people in no time, i myself came to know about Tron because the binnace airdrop they did bck in 2017, after receiving the airedrop, imade more research and then invest on the project, it is powerful tool of advertising.
jr. member
Activity: 378
Merit: 1
talking about airdrop has a good side as well as a negative side, airdrop describes an alternative to promoting projects other than ICO. to get Token generated from airdrops is also not too difficult, but a negative side that needs to be noted is that token airdrops cannot be guaranteed as profit.
full member
Activity: 868
Merit: 116
I think be of the major reasons for airdrop is to build the  social media community of a given project. Although there may be some other reasons.
full member
Activity: 924
Merit: 112
Airdrop is carried out in order to ensure that most people have concentrated tokens of the project. So is it good advertising, are rarely generous airdrome, so it's cheap advertising.
member
Activity: 546
Merit: 32
Giving their tokens to get more attention about the project and it is really nothing loss of the project team if they didn't get success but it will e a great blow for the people who were promoting it but when it get success small portion will go to the participants but team will enjoy all the profits they had made.
Ucy
sr. member
Activity: 2632
Merit: 403
Bisq is a Bitcoin Fiat Dex. Use responsibly
I think airdrops are used by developers to create artificial deflation or to increase the users of their tokens/projects.
 Most of the developers way of incentivizing users through Airdrops  has been thesame for a long time now and with no creativity. Sometimes I wonder if they think this things through or they're probably just spamming the ICO space deliberately with worthless tokens to make it look unattractive and useless
sr. member
Activity: 994
Merit: 250
The main goal of free distribution from each project is to attract users to your project. Typically, distributions are not large in amounts, and most people bolshenvsha eats them for pennies and the course does not particularly affect the distribution of free distribution is usually allocated a couple of percent of the total tokens.
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
What makes sense is what you say. Therefore, it is better for you to participate in a bounty program than to be airdrop. Because airdrop is certainly easy to do but the value is higher for bounty. As said that the project did not really deal with the time you spent participating in or working on airdrop.
for some reason now many airdrop campaigns are still being carried out and there are also many who follow them, even though now the requirements we are asked to follow are sometimes difficult. I myself haven't been on an airdrop campaign for a long time.
I have been both a marketing advisor and community manager and can say with 100% certainty that airdrops and bounties are almost always a complete waste of time and money.

do you have some data to support this statement, or you just expressing your opinion without any data to support it
i do not think so, since this is a young niche of business and bounty and airdrop are the way to promote an idea without initial cash investment needed for marketing purposes, you are providing part of the company that will have value in the future for present support by the community that follow crypto currencies
newbie
Activity: 12
Merit: 0
What makes sense is what you say. Therefore, it is better for you to participate in a bounty program than to be airdrop. Because airdrop is certainly easy to do but the value is higher for bounty. As said that the project did not really deal with the time you spent participating in or working on airdrop.
for some reason now many airdrop campaigns are still being carried out and there are also many who follow them, even though now the requirements we are asked to follow are sometimes difficult. I myself haven't been on an airdrop campaign for a long time.
I have been both a marketing advisor and community manager and can say with 100% certainty that airdrops and bounties are almost always a complete waste of time and money.
full member
Activity: 282
Merit: 100
What makes sense is what you say. Therefore, it is better for you to participate in a bounty program than to be airdrop. Because airdrop is certainly easy to do but the value is higher for bounty. As said that the project did not really deal with the time you spent participating in or working on airdrop.
for some reason now many airdrop campaigns are still being carried out and there are also many who follow them, even though now the requirements we are asked to follow are sometimes difficult. I myself haven't been on an airdrop campaign for a long time.
full member
Activity: 966
Merit: 111
The organizers of the project do not care about your time. They try to collect the largest amount of money in the shortest possible time. And so they use all the tools to attract the community. Don't listen.
What makes sense is what you say. Therefore, it is better for you to participate in a bounty program than to be airdrop. Because airdrop is certainly easy to do but the value is higher for bounty. As said that the project did not really deal with the time you spent participating in or working on airdrop.
sr. member
Activity: 588
Merit: 250
The organizers of the project do not care about your time. They try to collect the largest amount of money in the shortest possible time. And so they use all the tools to attract the community. Don't listen.



member
Activity: 644
Merit: 10
COVIR.IO
The motive behind the Airdrop is to cheat the investor of the crypto and steal their personal information. But, I think only 1% of the Airdrop may be the legit. Think yourself why someone give you money without any work. So, do not indulge into this scam.

Many airdrop not require our KYC when we sign up. I dont think airdrop is tool to mining our data, but to spread the word about the project. If more people holding the token, more people have a chance to invest and find out about the project
copper member
Activity: 798
Merit: 3
The motive behind the Airdrop is to cheat the investor of the crypto and steal their personal information. But, I think only 1% of the Airdrop may be the legit. Think yourself why someone give you money without any work. So, do not indulge into this scam.
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