Topic: Do Airdrops attract investors? - page 2. (Read 474 times)
I think this op is completely in confusion. Meaning of investor is they put their fund on ICO projects and then wait for big returns dude. Airdrops are really worst part of money making and the projects giving free tokens via airdrops are mostly does not seems legit or not achieving soft cap as well. Hence those kind of project should not be in our concern while investment. Ignore airdrop and out your effort to make money with the bounty program.
I think it will attract investors, because whenever I participate in the airdrop, I will always carefully study this project, so when I carefully study this project, if this project has a good prospect, then I will invest.
There is a big hope for projects that making them cause in some way this sould attract potential users to enter projects like that.
I read thread on how to choose an Altcoin and noticed that nobody who is looking into investing has even mentioned an airdrop.
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
It actually can, airdrops are just like freebies on shopping malls. Once airdrop participants see that there's a potential on the project, they will surely buy more and hold. Airdrop is one of the best marketing strategy, but it can also lessen the price of an altcoin since most airdrop participants only want instant money.
Airdrops do giveaway to patronize their project and to attract the investors..but sometimes some of the airdrop don't last till their project ends reason is they don't have a strong investors to make their project succeed..
Airdrop definetely attract investors but projects needs rather long term investors and those people are usually more interested in the project instead of airdrop. This is why I invest in oax, not because of its airdrop.
I read thread on how to choose an Altcoin and noticed that nobody who is looking into investing has even mentioned an airdrop.
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
Airdrops is one of the part of marketing of such project and they would really tend or allocate some tokens just to spread up or add up the awareness of coins existence and not to be worried that airdropped coins is just on minimal amount in the entire supply of a coin or lets say just really a freebie. It can potentially get some investors but depending if the coins would really be worthy to invest on or not. So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
There are some very popular Airdrops that lead to successful projects that would have lost among the thousands of available tokens.
A few good examples are Decred a few years ago, DeepOnion last year and PRiVCY or STAKER running right now. You have nothing to lose getting a few tokens for free, and if you're going to gamble there are chances you make big money in the bull market with these too.
A few good examples are Decred a few years ago, DeepOnion last year and PRiVCY or STAKER running right now. You have nothing to lose getting a few tokens for free, and if you're going to gamble there are chances you make big money in the bull market with these too.
little possibility that airdrops can attract investors, but airdrops are usually done at the end of the campaign, therefore investors are not attracted by airdrops.
I think even if the proportion of airdrops is small, it will still attract a large number of investors.
Since I often participate in some airdrops, I will conveniently participate in their ICO crowdfunding or directly purchase tokens.
Since I often participate in some airdrops, I will conveniently participate in their ICO crowdfunding or directly purchase tokens.
I read thread on how to choose an Altcoin and noticed that nobody who is looking into investing has even mentioned an airdrop.
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
Well, of course, wealthy investors do not perform Airdrops, it works differently. Airdrops helps the project become more popular and this attracts their attention. Some even pay attention to the number of participants in the Telegram group, and this depends primarily on the airdrops. So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
I hope it will attract the investors because even though they will allocate very less percentage but these people will get awareness about the project and their progress about the project. Investors will understand how potential the project is going to be and how the project will work in the long term.
For me YES! Specially when that project is really active and have large communities, it will really attract investors. Because once the investor notice that their project is getting popular to every crypto community, it will lure some investors.
I think airdrop now has no quality even though there are many communities in social media networks, but it will not make investors interested if they do not have real development.
Through airdrops a project certainly gets a lot of attention.
But as an investor, it scares me off more.
Why should i pay for something that others get for nothing.
But as an investor, it scares me off more.
Why should i pay for something that others get for nothing.
Have you ever gone to a supermarket where there's a hotdog stall that offers free taste. That's also the same with these airdrops, they are attracting people all in all by giving such tokens for free.
That makes these airdrop people announce and tell others that they've found a good token which results them to advertise that project.
You are right at this point but smart investors will learn from experience. The experiemce says that airdrop is no more profitable so its not afford to spend money in airdrop. So what we expect from airdrop? Nothing. But as people who want to get free token, airdrop is also good game. That makes these airdrop people announce and tell others that they've found a good token which results them to advertise that project.
I think that airdrops attract attention.
And an increase in attention results in
more exposure. If the project is worth
investing into, it'll attract investors.
And an increase in attention results in
more exposure. If the project is worth
investing into, it'll attract investors.
Have you ever gone to a supermarket where there's a hotdog stall that offers free taste. That's also the same with these airdrops, they are attracting people all in all by giving such tokens for free.
That makes these airdrop people announce and tell others that they've found a good token which results them to advertise that project.
That makes these airdrop people announce and tell others that they've found a good token which results them to advertise that project.
Pretty much this explains the purpose of airdrops. Usually, I can see many coins giving just 10 or 20 coins that may be not worth that much but many are participating in it because it is free. You just have to join telegram community, like their page and follow it as well with sharing to others about the airdrop. When they airdrop to 10,000 people and share it let's say, 1,000 friends or followers per person then 10 million people would be reach because of that airdrop and a possibility of catching an investors eye.
Of course bounties are still better because there is constant sharing of information and being active in community as well but airdrops are still an effective tool for me as well to get exposure and get people to share about ICO if they don't want to participate in bounties since airdrops are just usually one time tasks.
Have you ever gone to a supermarket where there's a hotdog stall that offers free taste. That's also the same with these airdrops, they are attracting people all in all by giving such tokens for free.
That makes these airdrop people announce and tell others that they've found a good token which results them to advertise that project.
That makes these airdrop people announce and tell others that they've found a good token which results them to advertise that project.
Yes I do understand the tasting part and was thinking exactly the same until I started reading BitcoinTalk where non of investors mentioned Airdrops being at least one of their Altcoin discovery channels.
I know that for some ranking sites, there should be established community to get a good ranking, which mostly is acquired via Airdrops. But then it is the same as buying fake accounts to have just a number to get better ranking. I want to see if I am missing something?
I think the developer project will give airdrops when he was get an investment, so many ways for developer project to gets investment with give extra bonus and to all people know thats project using airdrop for promotion
Most of the airdrops aren't really for promotion but the news are being scattered quickly when someone who's really with airdrops and started to tell it to his friends.
Yes, Airdrop is indeed able to help gift hunters to be able to add free coin profits to the prize hunters, but air drops now use capital, and sometimes there are many Airdrops that are currently Scam, and I don't think investors will be attracted to Airdrop.
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