can someone explain to me the motive behind airdrops? - page 8.

carter34

member

Activity: 1302

Merit: 25

Quote from: memed97 on May 24, 2019, 04:08:45 PM

I see is to make it easier for people to know about the tokens or coins in the market

I was thinking this way too at the earlier stage of my involvement with it, amidst struggling for one or two registration and follow ups to no avail because of the shit projects.

Thus, in my reality, I have come to educate myself that it was just made to get more people to their community for easy scam Grin

because you are likely to invest if you get an airdrop.

Chomsy

copper member

Activity: 364

Merit: 1

Quote from: Christinebeauty on May 24, 2019, 03:58:12 PM

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?

This is a very good question. These developers and team need to answer this honestly. It's very bad and disheartening to get a reward that can't even get to an exchange for sale. Well, those who still do airdrops, kudos..

betty11

copper member

Activity: 448

Merit: 3

This has led many persons to stop participating in airdrop, their strategy is to grow their community and make it look attractive to investors and traders, they equally hope some of the airdrop participants will participate in the project which some actually do. I think it's a pure wickedness and should be discouraged. I have many useless tokens on my wallet, I have disabled the balance from my dashboard.

GrosWesh

legendary

Activity: 2380

Merit: 1442

Quote from: Christinebeauty on May 24, 2019, 03:58:12 PM

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?

In doing so, they probably hope that some (even a small part of the people) decide to invest a little bit in order to be able to deposit their tokens to sell them .... Roll Eyes

However, not all airdrops are bad. Some are salable (and some rare at very good prices!). Besides the financial aspect, I think (after having participated in a lot of airdrops in 2018) that they can be an interesting gateway to the world of cryptos. First steps on exchanges, use of more or less technical terms, some software etc ... I did not become rich with the aidrops (even if I made money) but I do not have either the feeling of having totally lost my time

My 2 satos!

salty

full member

Activity: 562

Merit: 100

Quote from: Christinebeauty on May 24, 2019, 03:58:12 PM

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?

You are right,but there is another side to the coin.Most recently, my friend sold 600 coins at $ 0.95.And he got them just by participating in the airdrop program.Of course Fortuna is 1 in 1000 but nevertheless worth to take into account these factors.

Shova

member

Activity: 286

Merit: 11

Quote from: Christinebeauty on May 24, 2019, 03:58:12 PM

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?

Airdrops are a way to increase buzz around a project. Airdropped users are a cheap mouth to mouth advertisements. They act as unofficial ambassador to the project and are involved in the community as a part of it. It also provides the sense of decentralization though they are 99% centralized on holding.

kogozer714

copper member

Activity: 593

Merit: 10

I think Airdrop is only for an award for a community that has helped develop coins that they circulate to members of their community to do simple tasks that are done and will not make a lot of money, this will attract investors to come and be interested in it.

PuertoLibre

legendary

Activity: 1890

Merit: 1003

Quote from: Christinebeauty on May 24, 2019, 03:58:12 PM

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?

Airdrops are not money tree that everyone can take a piece of the leaf with two hands. It is a waste of time for those don't want to hold and look for easy money. Easy money stacked on the wallets for years and neither team nor airdrop hunters can't see any real value.

inanilujimi

sr. member

Activity: 1876

Merit: 259

Airdrop is a marketing strategy so that it looks like social media has many followers from Airdrop to make it look a lot and can attract investors to invest in it so that the project can run according to the road map.

sodiik

member

Activity: 553

Merit: 11

Airdrop does have a very easy job. But for the Airdrop project, it is now very much downhill. Developers do not intend to develop their projects. Moreover, now many Airdrop projects end in fraud, whereas some Airdrop requests KYC procedures.

Viceroy

hero member

Activity: 924

Merit: 501

I think that you have not met good airdrop. Of course, most airdrop are doing exactly as you said, but there are exceptions. In any case, in my opinion airdrop is ineffective marketing.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

Quote from: zero714309 on May 25, 2019, 06:22:56 PM

Airdrop is like ads to promote their project to investor. Airdrop have simple task and we can do it with easier but sometimes also we can find aidrop with difficult task. And if we look at what you say i think the developers and team have bad project and they dont want cash out us easily. Sometimes as airdrop hunter we not really read the rules but sometimes the developer cheaters and change the rule in the middle.

It absolutely there is a huge change happen cause mostly they'll never give their promises instead of lying into every participants. It looks bad and not even profitable this time, I consider participating airdrop will just wasting our precious time instead of using it into the other thing.

Having airdrop is just a way to promote their project(ghost project), they are doing some test to the community if it have a possible market in the future before they launch an ICO or IEO programs.

zero714309

member

Activity: 749

Merit: 13

Airdrop is like ads to promote their project to investor. Airdrop have simple task and we can do it with easier but sometimes also we can find aidrop with difficult task. And if we look at what you say i think the developers and team have bad project and they dont want cash out us easily. Sometimes as airdrop hunter we not really read the rules but sometimes the developer cheaters and change the rule in the middle.

perla

hero member

Activity: 1932

Merit: 504

Quote from: Christinebeauty on May 24, 2019, 03:58:12 PM

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?

Airdrops for now only to promote a project, with referral system. So their project can be spread to the world and they hope they can get investor with it. But in past, some airdrops really want to us to submit our address or maybe with email only, and we can get it free.

vhns222

full member

Activity: 504

Merit: 105

Mostly its about promotion but sometimes some so-called <> make airdrop then to dump them on exchanges and go ,so not always its worth to keep them i have 100s tokens which hasn't any volume at all some even cant list on exchanges.

huhhuh18

jr. member

Activity: 250

Merit: 2

Well, i think airdrops have taken a whole new dimension. At first, airdrops were both for awareness purposes and also for earning purposes, but currently airdrops are just for awareness purposes. For anyone to earn, they'll need to buy that token.

martabaktelor

member

Activity: 574

Merit: 10

To choose a good Airdrop project I think is Airdrop that has an ICO project. So we can also check on the ICO project. The developer must have experience and listed the original personal profile. So if you check in and there is no doubt in the project. You can decide to participate immediately.

bitstalker

member

Activity: 383

Merit: 10

I am still confused about that, but in my opinion the purpose of conducting airdrop like that is to make a part of the project supply, and maybe promotion, the purpose of promotion here is that airdrop has been distributed shortly after that the price of the token moves and maybe it will attract airdrop holders to bought the token, and also maybe they intentionally did it so that it opens the opportunity for people who want to buy airdrop tokens through collectors.

superscommessebitcoin

hero member

Activity: 1176

Merit: 500

Basically it is necessary to get a lot of people in your project. After all, the most important thing is to disseminate information about your project and when it is supported by many people it will have a good impact on its development.

Averim

member

Activity: 515

Merit: 12

Quote from: Christinebeauty on May 24, 2019, 03:58:12 PM

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?

Human kind is happy to receive something for free, without any effort even if the volume is to low to buy a drop of water. This way developers create awareness in the crypto market.

Topic: can someone explain to me the motive behind airdrops? - page 8. (Read 1689 times)