Airdrops and bounties are only very small percentage of project's tokens and I think that even they know that Airdrops only help to be known, nothing more, they don't bring new investors, but they email you and that an advetisement for the founders. I think that advertisement is the reason, why they still create airdrops.
It's just their way now to earn telegram followers, airdrops somehow where unnoticeable unless they gained followers, it can help to say that their project seems impressive. 
Topic: Do Airdrops attract investors? (Read 475 times)
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?
it depends. For someone who is interested in fast and short term, it is attractive. I am long term investment lover and I don’t like airdrop at all. So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
Nah. Airdrops attract bounty hunters and people who just want free tokens. I don't think real investors would consider investing depending on an ico's free token.
Airdrop is one from many marketing strategy to spread the word about the project.It does, it helps to build a community from which investor will eventually emerge.On this way hopes the project teams to bring the project to a bigger public and after that to reach their hard cap.
They do the airdrop to attrack investor, if the investors have seen there project then if they saw that it has a potential then they will continue to attract the investors and the investors will tell it to others so that they will also invest. More investors will make there project popular and it will have the potential to raise their investment.
Airdrops and bounties are only very small percentage of project's tokens and I think that even they know that Airdrops only help to be known, nothing more, they don't bring new investors, but they email you and that an advetisement for the founders. I think that advertisement is the reason, why they still create airdrops.
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?
it depends. For someone who is interested in fast and short term, it is attractive. I am long term investment lover and I don’t like airdrop at all. So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
Most people find out about new and promising projects thanks to AirDrop and bounty companies. Holding an AirDrop share, the company attracts attention.
yes, airdrop is one from many marketing strategy to spread the word about the project
mostly people who received the airdrop will talk about the project in their social media or tell their friend about the project
and this is what the team want
I dont think so, airdops usually done when the ICO ends so it will not help the project anymore and it will never attract a huge market since the coin will be spread freely in the public. and I think it is better to do social media campaign rather than make noise due to airdrop.
As it seems to me it is not interesting for investors because these are the tokens that they will not have, but they will not be against this if they are given for some useful actions in which all participants will be interested.
I don't think airdrops are meant for investors but in a way it affects the success of a project, its purely for marketing purposes I think. The more noise a project will make the more it would likely to succeed, that's why they airdrop some of the tokens in replace of likes and shares from their project's social media pages. Some of the project's I know didn't airdrop their token but still have been successful, namely menlo and OPP.
many investors are just too lazy to collect AIRDROP, although these are very simple tasks and often provide a very good part of the tokens for them
The actual effect of airdrops goes beyond Twitter's mission and Facebook's mission! why? Because people who can find airdrops and complete airdrop requirements have a certain understanding of cryptocurrencies and are willing to do the job, these people are more likely to become investors!
I dont think airdrops attract or affect any investor, for example I'm ico investor also and I dont look what people say about project at social media or at steemit, generally they are doing this things for airdrop. And if project gives much airdrop/bounty , I dont like them also.
Actually, this is a funny thing because the profit from airdrop is very low, much lower than trade so investors will not care about airdrop, only those who do not have money to invest, they will be interested in bounty and airdrop. Profits from investing in ICOs can be x10, x20 if they participate in potential ICOs.
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?
Project owners developing this kind of way to help spread news for everybody about their ICO project and it could be possible that some investors will start to study and do research about their project. With that, they can have a reserved investors to be a part of them even it is still hang and not yet launch. So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
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?
Project owners developing this kind of way to help spread news for everybody about their ICO project and it could be possible that some investors will start to study and do research about their project. With that, they can have a reserved investors to be a part of them even it is still hang and not yet launch. So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
The airdrop is for investors to trust the community with many participants, but if we can clearly see the community if the scam would no one comment.
Airdrops are a way of attracting the community., it is like one person received the tokens and then that person telling the others., and it could gather a large number of crypto enthusiast into a certain project., it is like giving them small portions of tokens that could attract the others. Same with other companies in reality, they are giving free taste., a product free taste could be an effective tool to gather customer feedbacks to the certain product.
Peoples are always expecting the free money so airdrops are intiate the project. But they give below one dollar in after ICO is completed so many peoples are not satisfied in airdrops participation and some projects are totally scam also so better participate in bounty we will get good earning. But still lot of peoples are participating in airdrops so we only realise the market because no one is give the free money.
Ye ofcourse ! Airdrops are not only a marketing strategy but an informative medium as well where any investor who wants to inquire anything about the ICO can do that. You are given free joining bonus as well when you join an airdrop. The strength of any airdrop campaign always attracts investors. It makes them beleive that a whole lot of people are interested in the project and are ready to invest.
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 is because they believe their project so much, for example "HYDROGEN". They give most of their tokens 222,222 for 1 sats, and now look at it.
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.
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
Generally airdrops are for gaining the interest of the people. Simple thing is that more people know about a project, more money they'll bring. Also it increases the trust among the investors. If a very good project only has 2-3k subscribers on twitter, chances are investors won't be pleased with that and won't invest in it. But if same project has 30-40k subscribers/followers, it attracts the money.
That's true and not so true,
it only depend of the % of tokens airdropped.
If I'm an investor, and see that 30% of the tokens will be airdropped, I may invest less in the project, because even if 30% guarantee a good distribution, it's a big pressure on the market. On the other side, if that % is too low, less speculators will join the marketing parade.
It's only an example, their is some other parameters to consider when you invest/or join and airdrop campaign.
after some big icos dropped its value under ico, investors dont enter the icos
everyone in market knows that you can take an ico half more lower price in markets
I think The airdrops almost help bounty hunters to get money and if the airdrops have big amount of coins or tokens (about 10%-20% of total coins or tokens supplied )then those projects won't attract many investors.
It definately does. Airdrops create a community around a project and give you a chance to obtain some tokens without any risk.
If you want to buy airdrop token, you will always buy it from exchange, it means that the token already listed on exchange, and when you think that the project development is not like what you expected, you can always sell your token. That is one thing why airdrop better than exchange, if a project from ICO did not develop well, and they are not listed in any exchange your token will be just an ash, you burn your money.
Airdrop can attract investors by telling them that the community of potential investors is very big. If there is nobody in the telegram channel, the real investors might not come.
As an investor, I care about how solid a project is and whether it has the potential for mass adoption.. During Neo's early stages, I didn't care much about its airdrops or bounties... Same goes for new and upcoming projects I am eyeing such as eloncity, Menlo One, WePower, etc...
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?
the method attracts people quickly. But in the long run good project is more important than airdrop method. Most crapcoins don’t have original project and have no value at all. I don’t even want to have them. So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
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, that is a simple market strategy because airdrops kind of create traffic, so to say. By giving away a portion of their tokens in the name of airdrops, they draw the attention of every one to their projects and investors are part of the people. After getting the details about such ICOs they invest, so you can't say airdrops are irrelevant. They are meant to publicise the projects. So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
Generally airdrops are for gaining the interest of the people. Simple thing is that more people know about a project, more money they'll bring. Also it increases the trust among the investors. If a very good project only has 2-3k subscribers on twitter, chances are investors won't be pleased with that and won't invest in it. But if same project has 30-40k subscribers/followers, it attracts the money.
That's true and not so true,
it only depend of the % of tokens airdropped.
If I'm an investor, and see that 30% of the tokens will be airdropped, I may invest less in the project, because even if 30% guarantee a good distribution, it's a big pressure on the market. On the other side, if that % is too low, less speculators will join the marketing parade.
It's only an example, their is some other parameters to consider when you invest/or join and airdrop campaign.
Airdrops are also trying to take advantage of two things. Widespread distribution, as wide as possible, to as diverse a population as possible,,, this is so that the second advantage is bigger, which is network effect. Every person who gains the airdrop will probably tell a few more persons, and so on and so forth.
But yes, if airdrop is moving together with investment, then it has to be managed very well, not just percentage of distribution, but manner. If only 1% airdropped but all to scammers or multis, then it is pointless.
I don't think so because now a days some of airdrops are scam and wasting our time and effort unlike before some of airdrops are very legit and paying airdrops
Sometimes airdrop uses only to gather participants to join their social media to add more members in the community. Investors nowadays are very smart that even you have a powerful marketing team but the content of the project is poor they will still not invest on it.
Yes, I think airdrop is just a fraudulent community, to cover the eyes of investors, they see a large community and they trust and invest in them, I rarely participate in airdrop. Maybe they cheated a lot 
Generally airdrops are for gaining the interest of the people. Simple thing is that more people know about a project, more money they'll bring. Also it increases the trust among the investors. If a very good project only has 2-3k subscribers on twitter, chances are investors won't be pleased with that and won't invest in it. But if same project has 30-40k subscribers/followers, it attracts the money.
That's true and not so true,
it only depend of the % of tokens airdropped.
If I'm an investor, and see that 30% of the tokens will be airdropped, I may invest less in the project, because even if 30% guarantee a good distribution, it's a big pressure on the market. On the other side, if that % is too low, less speculators will join the marketing parade.
It's only an example, their is some other parameters to consider when you invest/or join and airdrop campaign.
Sometimes airdrop uses only to gather participants to join their social media to add more members in the community. Investors nowadays are very smart that even you have a powerful marketing team but the content of the project is poor they will still not invest on it.
Generally airdrops are for gaining the interest of the people. Simple thing is that more people know about a project, more money they'll bring. Also it increases the trust among the investors. If a very good project only has 2-3k subscribers on twitter, chances are investors won't be pleased with that and won't invest in it. But if same project has 30-40k subscribers/followers, it attracts the money.
We know that nothing here is for free. We may think that we get the tokens in the airdrop for free but it is actually a marketing technique used by the project owners or managers to attract investors towards them. People study about the token that what token have they received and what will be there usability and utility, which compel them to buy the tokens and if not personally they suggest others to buy them.
I can really said yes airdrops do attract investors because if it is no attracting investors would not be having the number of airdrops that is coming out every days. I think airdroping coins or tokens is another level of marketing and advertising and we all know the roles this play in the business.
They did but airdrops are also subject to the law of unintended consequences. Sometimes, they might not have the investor pull that was expected from the onset. In the short term, price may dump, and the artificial community created by bounty hunters does not last too long
Can you comment more on unintended consequences? What exactly do you mean?
I believe there is different audiences if you separate Airdrop and Bounty. I know mostly they come together as it is then easier to attract the masses, but I believe a bounty without an airdrop might actually be a better solution. As incentivisation for investment it could be an additional bonus on the invested amount, but not just free tokens to everyone. Thoughts?
It does, it helps to build a community from which investor will eventually emerge
Do you know any statistics on that?
More than 90% of the projects do airdrops just to get more and more people into their telegram groups and Twitter, Facebook followers. The teams think that investors will be impressed if they see that much of a follow for the project.
It does, it helps to build a community from which investor will eventually emerge
Do you know any statistics on that?
Airdrop is given to those who need and want to join if to attract investors seems less attractive.
It was only for a moment and as if for charity.
It was only for a moment and as if for charity.
So do you think the Airdrops in the matter of investments are actually useless?
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?
Airdrop is given to those who need and want to join if to attract investors seems less attractive.
It was only for a moment and as if for charity.
It was only for a moment and as if for charity.
In my opinion, no, investors were never interested in airdrops. Often the airdrop altcoin is detrimental to the altcoin itself, the price usually drops dramatically after entering the market. Investors are only interested in the quality and potential of the altcoin. If it's promising, then that's an altcoin project that is favored by many investors.
You are right, but an airdrop is moslty a popular way to promote a blockchain project. On this way hopes the project teams to bring the project to a bigger public and after that to reach their hard cap.
Most of the people who want to make some free money will join in the Airdrops but Airdrops will not impress the Investors because this coin doesn't give any value to them. Airdrops will not attract the investors but they will join to find more details about the company.
Airdop do not attract investors but it make investors hear about the project, airdrop is a smart and cheap (almost free) marketing campaign, airdrop make the community of project become big, spread out the words about the project so potential investors will know about the project. Have a strong and big community is one important investment criteria for investor to make investment decision, airdrop help project to do 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?
Its not that nobody but it will always depend of the ICO products that airdrop will become effective like their commodities should be feasible to the masses so that they could attract more people to invest. Mostly airdrop is more on referral activities in which the more you invited to join the ICO and the more people attracted to invest because the project is good then airdrop activity will be a success.
In my opinion, no, investors were never interested in airdrops. Often the airdrop altcoin is detrimental to the altcoin itself, the price usually drops dramatically after entering the market. Investors are only interested in the quality and potential of the altcoin. If it's promising, then that's an altcoin project that is favored by many investors.
Yes, it creates a crowd in the community, but is it effective? Hunters exchange information among themselves in order to obtain several coins, to which investors (especially large ones) will not pay attention. I think airdrops have become ineffective.
the purpose of airdrop in my opinion is as a means of promotion in introducing the coin to the community so they can know him and who knows they will also be able to invest in it
Yes, it creates a crowd in the community, but is it effective? Hunters exchange information among themselves in order to obtain several coins, to which investors (especially large ones) will not pay attention. I think airdrops have become ineffective.
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?
No investor pays attention to a couple of tokens from airdrops. The main purpose of airdrops is to advertise the project and attract more investors.
Since every project needs money to develop, there are very few projects massively give away in airdrops (HYDRO is a rare example). However, their tokens prices are usually involved in sudden pump and dump game.
There are some reasons why more tokens and ICO are doing airdrops because in that way they can easily attract more people join there campaign and can spread a word about there campaign. They do this so that more and more people can try and help them hold there tokens and find a huge community.
No. The airdop will mostly attract the speculator. The real investor will only know about the news and make judgement by themselives.
I don't think investors will not bother about the Airdrops because they will share little worth of coin which will not help them anymore. Airdrops specially designed only for getting people to join in their social media channels and telegram in order to give updates about the project.
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?
That just depends on how is build the whole marketing campaign. If it's done in the right way then airdrop will be helping for attracting investors. Otherwise it will definitely have no affect. So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
of course airdrop will help them in introducing projects they have to investors and this will help ico's success but this also depends on the product and potential of the coin
No, airdrop attracts more participants to spam much more. Most of the accounts on twitter are all fake and all participants are just connected with each other and adding everyone of them so they are basically spamming each other for the ICO project.
I don't think so. Most people would hate it even more.
Because airdrops mean lots of free tokens, investors in ICO are unhappy.
Because airdrops mean lots of free tokens, investors in ICO are unhappy.
The reason why there is an airdrop is to build a large community to the project.If the investor think the project have a future ,they will buy it to the people its fair for the project
But ICO doing airdrop for make more large community then find investor
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?
I think in investing they not looking for giveaways the important to the investor is what the goal of the project. So investor don't need to know about giveaways. Airdrop for the one who willing grab the opportunity to get a free token. So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
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?
Its part of making a strong community that can support your project and a marketing strategies also. ICO's makes a lot of airdrop because they need to attract more people on theirs site and pages, or group I think this is one of the requirements when you are listing in a good exchange, to have a strong support and more ways to communicate with your investors. So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
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?
In most cases, the reasons ICOs conduct airdrops by the give away of tokens is to create awareness for the project. It may make interested investors to research the project before later making decision of committing their resources to the project.
No investor wants to walk into a room full of 1000 persons or so, while the ICO is trying to raise over $5m... Do the maths, it just doesn't add up. But seeing 10k persons or better 90k, the $5m suddenly looks more achievable regardless if the foot traffic in the channel in full of bots. So, yes. Airdrops do help
Most people find out about new and promising projects thanks to AirDrop and bounty companies. Holding an AirDrop share, the company attracts attention.
yes, airdrop is one from many marketing strategy to spread the word about the project
mostly people who received the airdrop will talk about the project in their social media or tell their friend about the project
and this is what the team want
I read thread on how to choose an Altcoin and noticed that nobody who is looking into investing has even mentioned an airdrop.
So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
Mostly to distribute their coin to people and maybe you may decide to buy more along the way seeing its potential growth because lets be true here tokens for airdrops are mostly less than 10$ so basically accumulation is neccessary to sell and others So why do so many ICOs give away their tokens if no real investors really are checking the free token giveaways?
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?
There's different reasons why airdrops can make sense. As a general rule, to have a strong market, yu need as many people involved as possible. Getting a percentage of the tokens out to a lot of people can halp with this. Even if all these people start selling their tokens right away, ideally this provides liquidity in the market.
Also, it might help people get "hooked" as in getting interested in the project, reading more about it and ideally getting involved either directly, or through the market (by buying more tokens).
Another "advantage" (well, it is for the team) is, that suddenly, you have a shill army. Everybody wants you to buy their tokens at the highest price possible, so they are telling you anything to pump the price.
It usually attracts the cheap crowd though.
Most people find out about new and promising projects thanks to AirDrop and bounty companies. Holding an AirDrop share, the company attracts attention.
They did but airdrops are also subject to the law of unintended consequences. Sometimes, they might not have the investor pull that was expected from the onset. In the short term, price may dump, and the artificial community created by bounty hunters does not last too long
It does, it helps to build a community from which investor will eventually emerge
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.
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?
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