Here is why people make money from Airdrops

lixer

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Quote from: Kristiyana on April 21, 2024, 03:54:57 AM

Airdrop can be very funny at times, it actually pay well sometimes and sometimes it doesn't, I have witness someone who earned huge in airdrop after too many other airdrops he tried, he almost gave up because they have been saying they we launch it for sometimes and they didn't but my friend was patient enough to wait and monitor it and finally one day he received major. Patient is very important in everything we do but sometimes it's not necessary because it won't pay us to be patient. Like I said, I will not advice someone to do something but if you think it's good or you wish to do it no problem, different people with different grace.

Funny? Maybe you mean to say frustrating because no matter what we do, it's just that we can't get anything from them. They can pay well if you join the right airdrop and then you have gather a lot of points from their designated task. Your friend has an inspiring story.

Yes, it's about having a good patience in everything that we do and we should not give up easily. If in case we do, it's not yet too late to go back and try again. If only we knew that we won't get paid, we will never do it continuously but we don't have such ability. We still can do a research to eliminate an obvious crap project. That should increase our chances to get successful.

strunberg

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Quote from: The Cryptovator on April 12, 2024, 03:16:22 PM

For me, doing an airdrop is just a waste of time. At the beginning of my crypto journey, I did some airdrops and got useless tokens. So I have gotten nothing from Airdrop; hence, I hate it. So for a long time I have been away from the airdrop system, so I still believe Aidrop is nothing except wasting time. I heard some people make money from airdrops in real life. I never asked where they made it since it was not interesting to me. However, even if you are involved with Airdrop, just make sure you aren't going to waste your time.

It honestly amazes me how someone makes so much money from airdrops. I know that if you get the right Airdrop it can even change your life. But I personally have never given an airdrop that gave me significant profits. I've seen people showing off profits from TIA, Manta, Strk and Jup in telegram groups but I wasn't told how they hit those jackpots. I agree with The Cryptovator that most airdrops are a waste of time because the tasks given are not commensurate with the rewards that will be obtained.

AnonBitCoiner

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Quote from: OrangeII on April 15, 2024, 01:24:33 AM

Well, currently many people are looking for airdrops. In fact I feel that this has become a very popular hype. It is very true that some airdrops provide pretty good payouts. However, based on my experience, such airdrops are not easy to get. I joined a telegram group that provides new airdrops every day. However, some airdrops require capital for airdrops like testnet, and some do not. For people who want to make money through airdrops, they need some money for that, persistence and patience.

There should be no issue in participating in the Airdrops which does not require any charges so you can find a chance to earn bigger with the help of free airdrop. I think one should not miss any Airdrop that is free of cost because it just requires your work and your eligibility will describe your success.

In case of those Airdrops which ask for cash so most of them are worthy but before using your money check out about the details but according to my experience most of such Airdrops give us huge returns if we work accurately and are eligible for getting such airdrops.

kotajikikox

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Quote from: The Cryptovator on April 12, 2024, 03:16:22 PM

For me, doing an airdrop is just a waste of time. At the beginning of my crypto journey, I did some airdrops and got useless tokens. So I have gotten nothing from Airdrop; hence, I hate it. So for a long time I have been away from the airdrop system, so I still believe Aidrop is nothing except wasting time. I heard some people make money from airdrops in real life. I never asked where they made it since it was not interesting to me. However, even if you are involved with Airdrop, just make sure you aren't going to waste your time.

I think for those who can not afford to buy too many coins, airdrops is the best next thing they can do just so they can still get some profits.

Some people somehow get lucky and the airdrop they received with not much thought gained some value. They need to make sure that they handle its volatility well because the highs won’t last long.

It’s a very one in a million kind of thing but it might be worth it

Bushdark

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Quote from: vs2014 on April 12, 2024, 02:34:35 PM

Airdrop means to earn money for free but it is defunct now so no project will give you tokens for free. Most projects give tokens to investors as bonus tokens and a very small amount of money. On the other hand the few coins you mentioned are little from the huge field of airdrops. You will fall back to criticize the wrong world in crypto. Now most of the tokens in the market have gone up in price so imagine how much profit those who pocketed the good tokens a few days ago are now sharing.

Airdrop is supposed to be free and I have seen people paying for airdrop that is supposed to be free.
We need to be wise and take proper use of our funds nit to earn up losing big in the market. We are in crypto for us to make money from the market but for us to stupidly make decisions that will help us to lose more in the market. If we see airdrop trying to give you $6 of a token that is not yet launched, you need to observe and ask questions because its a scam.

Kristiyana

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Airdrop can be very funny at times, it actually pay well sometimes and sometimes it doesn't, I have witness someone who earned huge in airdrop after too many other airdrops he tried, he almost gave up because they have been saying they we launch it for sometimes and they didn't but my friend was patient enough to wait and monitor it and finally one day he received major. Patient is very important in everything we do but sometimes it's not necessary because it won't pay us to be patient. Like I said, I will not advice someone to do something but if you think it's good or you wish to do it no problem, different people with different grace.

OrangeII

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Well, currently many people are looking for airdrops. In fact I feel that this has become a very popular hype. It is very true that some airdrops provide pretty good payouts. However, based on my experience, such airdrops are not easy to get. I joined a telegram group that provides new airdrops every day. However, some airdrops require capital for airdrops like testnet, and some do not. For people who want to make money through airdrops, they need some money for that, persistence and patience.

poodle63

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Quote from: terrific on April 12, 2024, 05:49:18 PM

The impact it gives to the project itself is the distribution and expansion of money on them. The airdrop people are the ones giving the exposure to it when they're able to make some money of it. And the money that's being distributed by it don't actually comes from the developers but from their partners including the exchanges. I see a lot of profitable airdrops today but none of them I was able to participate. Cheesy

its also to decentralize the capital which is distributing the token so that it increases holder if a coin has very few holder usually it will tank, nobody is buying it because it gets controlled by whales so they are doing this also marketing stunt at best but definitely a good thing for those airdrop hunters that eager to find some airdrop, the truth is, nowaday airdrop always require certain task to be finished unlike the old days where you just can claim or something like that nowaday they require staking money, unless you have big capital its more likely that you get peanut, the exception are with the ones very few project like etherfi where they give tiered rewards so that the small fries could get some share of cake and not too little at that but overall the strategy has shifted from social media promotion to just money staking.
I don't know what benefit the devs gonna get from urging people to stake money though but if they could get APY from certain staking platform, they probably can make good money from it.
because if we looking at most of project that requires staking they usually hits around hundred millions worth of dollar which is huge.

tengui

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I don't really care about new projects and I don't care about the 3 things you said. I'm not really interested in new projects and I just came to participate in the airdrop in the hope of making money. in other words I don't need to do that deep of research, unless I'm coming to invest.
In essence if the airdrop is not profitable for them, of course they will cancel the airdrop.

Mpamaegbu

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Quote from: The Cryptovator on April 12, 2024, 03:16:22 PM

For me, doing an airdrop is just a waste of time. At the beginning of my crypto journey, I did some airdrops and got useless tokens. So I have gotten nothing from Airdrop; hence, I hate it. So for a long time I have been away from the airdrop system, so I still believe Aidrop is nothing except wasting time. I heard some people make money from airdrops in real life. I never asked where they made it since it was not interesting to me. However, even if you are involved with Airdrop, just make sure you aren't going to waste your time.

I used to have that same mindset as yours a few years ago but all that has changed now. It has changed in the sense that I don't expect to get rewarded in each of all the ones I go into but I believe getting rewarded in just a few of them will cover for the ones not rewarded. Every airdrop hunter should have that mindset and take things with ease. However, the good news about airdrops this time around is that it's now a veritable source for projects to get many people on board their project and kickstart trading. There are many testimonies of airdrop hunters cashing out real big. For now, airdrops aren't any waste of time.

Hamukione

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Pinch.Network Guaranteed Airdrop

Working on this new project called Pinch.Network, where the community farms airdrops, they get their own tokens in their wallets as per usual.

But then use the PINCH referral links, and the airdrop the PINCH wallet receives, is used to purchase back PINCH tokens to burn, and redistribute to the community members.

The project just launched, and anyone can go and claim the OG Pincher NFT available on Tideprotocol.xyz.

Claim that NFT, and you are guaranteed to be in the initial airdrop.

If you participate in the campaigns for other airdrops, then your PINCH bag will get heavier towards TGE around the start of June Cheesy

Adbitco

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You are correct about airdrops being 50 50 profits but that was then, during 2017/2018 just in the period of ICO, IEO, IDO were far more doing better and then airdrop is always an airdrops not now that they have been compromised for building up their communities, that is, when most project launches airdrop they gives all command that all airdrop participants must follow their x handle, facebook and join their telegram group / announcement group. Like this is more taskable to say and yet you would hardly see them distributing rewards to the participants, and every bad even to the extent where some projects owners could say they should send some few gas to receive their rewards at then, and i think i have join airdrops like that then if i could recall correctly.

bangjoe

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Quote from: Bushdark on April 12, 2024, 05:00:31 PM

There is not need for an argument, everyone have their own belief so we don't need to force anyone to do airdrop or not.
Their are so many airdrop I am participating on currently and I am waiting for the mainnet so that I can ewrn from the coins i have mined which is one of the ways to earn from the market. Airdrops are forms of doing little task and getting rewarded.
We need to be prepared and be ready to take part in some good airdrop if we want to make money in the cryptocurrency space.

True, besides they have their own beliefs they also have different interests, so the scope in crypto is large and people can get benefits in different ways in the world of crypto currency, some are trading, airdrops hunters, investing, staking, liquidity providers, selling NFTs and others like that, each individual has their own way of getting benefits so there is no need to debate and force someone to do what we know, unless the person is interested and wants to learn, of course we need to help that person.

I also include airdroper, there are several projects that I have participated in to get rewards and hopefully like what happened to, ARB, APTOS, SUI, JUP, DYM, Wormhol;e and others who give great rewards to those who follow them.

peter0425

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Quote from: lalabotax on March 07, 2024, 05:28:02 PM

Quote from: Best-mary on March 06, 2024, 07:56:07 AM

3. most importantly patience. Patience is the Ultimate you need to have in this Crypto Ecosystem in general

It's true, in running an airdrop,
patience is one of keys

I know some people who were patient enough to wait for the coin get actual value and they do. Time is an essential element in crypto and you might not be in the same position in 10 years than you do now if just wait and let time go run.

terrific

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The impact it gives to the project itself is the distribution and expansion of money on them. The airdrop people are the ones giving the exposure to it when they're able to make some money of it. And the money that's being distributed by it don't actually comes from the developers but from their partners including the exchanges. I see a lot of profitable airdrops today but none of them I was able to participate. Cheesy

Yamifoud

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Just like in the old days, many new projects are still using this strategy (airdrop) to gain extra traction and traffic in the market. Yes, some people get into their attention while some ignore it because of their lack of confidence that they will make money from them. Indeed, deep research is very important in here but airdrops now is on the twist where participants must comply with a few tasks before they get something, unlike before when it was totally free drops, you just signed up and got yours. Well, A lot of people received free tokens but unfortunately, some of these tokens are worthless, not even listed in any exchanges. I got some many years ago but as usual, still $0 in value.

Mate2237

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There are some from scammers so investing in airdrop is very much risky. And airdrop can be gotten from different ways. You can buy from the site at the early stage of the project or you can even have it in free by just making some referrals tasks. But the ones that you have with performing referral tasks are not normally legit because I have seen a friend of mine has done that to acquire some airdrops but there is no we're to sell them and they are just there for nothing.

In 2022 I met someone who was good in airdrop business as he said but I have not seen him having any changes till now. And exactly as Bushdark said, everyone has their own way.

Bushdark

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There is not need for an argument, everyone have their own belief so we don't need to force anyone to do airdrop or not.
Their are so many airdrop I am participating on currently and I am waiting for the mainnet so that I can ewrn from the coins i have mined which is one of the ways to earn from the market. Airdrops are forms of doing little task and getting rewarded.
We need to be prepared and be ready to take part in some good airdrop if we want to make money in the cryptocurrency space.

The Cryptovator

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For me, doing an airdrop is just a waste of time. At the beginning of my crypto journey, I did some airdrops and got useless tokens. So I have gotten nothing from Airdrop; hence, I hate it. So for a long time I have been away from the airdrop system, so I still believe Aidrop is nothing except wasting time. I heard some people make money from airdrops in real life. I never asked where they made it since it was not interesting to me. However, even if you are involved with Airdrop, just make sure you aren't going to waste your time.

vs2014

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Airdrop means to earn money for free but it is defunct now so no project will give you tokens for free. Most projects give tokens to investors as bonus tokens and a very small amount of money. On the other hand the few coins you mentioned are little from the huge field of airdrops. You will fall back to criticize the wrong world in crypto. Now most of the tokens in the market have gone up in price so imagine how much profit those who pocketed the good tokens a few days ago are now sharing.

Topic: Here is why people make money from Airdrops (Read 470 times)