Do you think Airdrop is effective to promote ICO projects?

H1N1

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Quote from: tactac on October 06, 2018, 12:36:06 AM

Do you think Airdrop is effective to promote ICO projects? I think No.
Certainly it may be useful to spread the name of the project, but will those people who know about the project with Airdrop invest in that coin?
I think that they only to sell the coin which earned by airdrop cheaply in the market and dump the price.

How do you think about this??

It is effective if only the project of ICO is real, not a fake or scam ICO.
Airdrop's purpose is to make the social medias of the company crowded with many peoples around the world.
We can call them the supporters of the project, and i don't think airdrop will make price dump because the rewards is only small.

coinbirds

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Activity: 588

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Airdrops are good starting activity for promoting an ICO.
Usually they are only a part of marketing activities together with other bounty campaigns.
Airdrops are good to spread the awareness of the ICOs and nothing more.
For doing airdrops you get only few coins so they cannot affect the market by dumping them, eventually only short term.

BTCmasterVM

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Activity: 432

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Now it works more to attract new subscribers to the channels and to create artificial interest in the project, but for some of the campaigns airdrop can really bring benefits and as a result more investors will be interested in the project.

syarifbitcoinishack

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Activity: 280

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Even though do you think Airdrop is not effective for promoting the ICO project but I'm sure this is the best way to build community on social media. Having an effect on token sales or not, I think no one knows about it, so we can't conclude it

Babyjamz3026

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Sometimes ICO is the most effective way to promote particular ICO and create community around a project. Also sometimes it causes spam attack of bots and it is negative part of this method of marketing

_Flynn_

jr. member

Activity: 350

Merit: 1

In my opinion, sometimes airdrop can be very effective in the promoting of the project. But there are many other factors, which influence on success of the projects.

goodluck0319

sr. member

Activity: 420

Merit: 250

if the coin eventually goes to the stock exchange, and the airdrop gradually accelerates the growth of the coin-then in this case Yes. and in other cases-no.

Mr.Noda

member

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I think that as a way to attract attention to the project is very effective. Indisputably, this only benefits the project.

Flezy

jr. member

Activity: 707

Merit: 1

Yes I do. Airdrop is an effective way to promote ICO project, but it is used in the initial stage of promotion while bounty is used in the later stage to reach mass investors. So with airdrop and bounty many individuals or investors will be able to know about the project in question.

escalante28

member

Activity: 742

Merit: 42

It's still a yes, airdrop help the ICO promote and spread every details of their project easily plus it make them a good foundation in their social media accounts. Don't worry about the dump of those participants because it was a small amount and not all of them are dumpers. Think of it, if there is now airdrop participant what will happen to their telegram channel and group? what will happen to their social media like twitter and facebook? If there is no participant, do you think investors will invest in such project with no people at all? airdrop participants create foundation and it is very effective in any way.

YoungMaster

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MYCRYPTOBANK.IO

I personally think if Airdrop is not as effective as a bounty in terms of promotion, but the other goal of Airdrop is that they build a community and indirectly attract those who are members of the community to buy their tokens.

humantraffic

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Activity: 616

Merit: 42

In my opinion, there used to be a sense in airdrop. Two years ago, there were few people who knew about cryptocurrency. Now airdrops are held only to increase subscribers in social networks.

offstage

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Activity: 336

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The Premier Digital Asset Management Ecosystem

If airdrops promote the ICO, it means that ICO would not to be a scam. There are so small chances to be true. If I were you, I would to use those airdrops.

jupppo

full member

Activity: 385

Merit: 100

I think that it's the easiest way to promote ICO. It's very cheap to make small pool for every participant. Usually participants should make easy tasks in twitter and facebook to earn tokens.

Nikolas_the_Wonderworker

jr. member

Activity: 238

Merit: 1

Airdrop is valid only as part of a marketing campaign, otherwise it makes little sense. Airdrops are useful only to present a project to a wider audience. They attract people.

chipzeru

member

Activity: 686

Merit: 39

I think it's quite effective to promote an ICO project through airdrop. Usually an ICO project launches the airdrop to boost its social media followers/subscribers in order to make the project looks more legit.

tranquangvinh

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Activity: 546

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Quote from: tactac on October 06, 2018, 12:36:06 AM

Do you think Airdrop is effective to promote ICO projects? I think No.
Certainly it may be useful to spread the name of the project, but will those people who know about the project with Airdrop invest in that coin?
I think that they only to sell the coin which earned by airdrop cheaply in the market and dump the price.

How do you think about this??

There were some projects that promote their ICO project by Airdrop and they were successful . I think it depends on each project .
You were right when it may be useful to spread the name of project and it will be effective when their project is really good .

TheWalkingCoin

full member

Activity: 532

Merit: 100

Yeah my opinion airdrop project is more effective for promote ICO project, many airdrop have giving big effect for an Ico project investment could have many investor and could selling their coin in higher volume.

disconnectme

hero member

Activity: 1876

Merit: 512

It is a good and effective way for teams to promote their project if it is well managed but recently the whole concept of Airdrop has been greatly abuse both on the part of lazy team and participants, there are many good projects out there with good success stories of Airdrops campaign, I was even told that there are some time that Roger Ver and some other big boys in the space were Airdropping BTC

Mr.grin

legendary

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Quote from: gabbie2010 on November 26, 2018, 12:57:18 AM

Most ICOs use airdrops as an additional tools to further promote their project in addition to the other bounties however airdropping alone might get the desired result due to being accessed by fewer number of people who knew what is all about unlike the other social media that has a wide coverage.

airdrop is indeed one of the ways to promote ICO that is quite good, and also a lot of interest from people. however, that depends on how the dev thinks. I think Airdrop is the first step to promoting.

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