Topic: How does an airdropped coin get's its value? (Read 1289 times)
I guess it depends on the developers and managers who know how to make the coin more bigger and better with many uses. And then, once believed, investors will buy more of these coins and create more value. See byteball. They are really awesome because now, 1gbyte equals 0.3 bitcoin. They do not require a crowdsale or something like that to make their valuable coins so they must be trying to make the coins could penetrate into high-value market. more and more users will be getting higher value
The coin get its value because of the marketing or the way that the team works on their coin and their promised projects because if there is an action towards the promises then it will attract investors in the market that can possible give value to that coin.
I am just curious, how an airdropped coin actually gets it's value.
What I have noticed is usually airdropped coins have a high supply and this kind of distribution is meant to grow speculation which naturally grows into demand and rise in valueICO's in contrast are pbacked by ETH or BTC, but an airdropped coin - out of the sky - doesn't have any value at first.
Price of some coins is determined by how it performs during its ICO stage but without an active community to show for its worth nothing. Airdropped coin get their value rather slowly as the grow with time don't expect a high value on the onset of the projectSo how would an airdrop then work in that case? How does it have to be structured that it's a win win situation for both parties involved.
Basically airdrops are structured to stimulate speculation and grow its community and project, which is a win win situation at the end of the day 
Every coin gets its value from confidence in the system, whatever that the coin got an ICO, is minable or is airdropped.
So in fact, it's the same system than others coin : an active dev team and a good communication, with a good project that progress often will do everything
So in fact, it's the same system than others coin : an active dev team and a good communication, with a good project that progress often will do everything
It depends on the developers and managers who know how to make the coin greater and better with many uses. And then, after being convinced, investors will buy more of these coin and make it more value. Look at byteball. They are really awesome because right now, 1gbyte is equal to 0.3 bitcoin. They do not need crowdsale or something like that to make their coin valuable
Anyone remember Auroracoin? That might teach you something about the "value" of airdrops
Tell us that story!
Well AuroraCoin was distributed for free to all citizen of Iceland...then dropped in value like a stone because nobody used it - and those who did, tried to sell it
Mined coins also don't have value, but they are worth something and many of them go mewn.
Just another way of making the distribution
Just another way of making the distribution
distributing supply of x coin will mean more people to shill it 
If it will be developed, other people willing to buy it and so it can be exchanged among people.
The coin will get its value based on peoples perception of the value or future of the coin, or just from being actively traded.
As well as how it is used by it's owners and supporters. There are many ways of airdropping and most of the coins go wasted but some are traded and used by different sites because of it's unique features.
Alot of people don't like to admit it, but really any cryptocurrency's value comes from thin air. We humans decide it has value. All it takes is two humans to decide something has value in order for that item to have value. This applies to digital currencies, commodities, art work, music, advertising, products, nearly anything out there.
Even with stocks, one stock can be valued more than the other, and not every time are these values placed among things that currently exist. Tesla is a good example at the moment, DDD/SSYS is another good example from the past. Their inflated value came from expected future prospects, most of which never came to fruition. That's how one company with "great future prospects" but horrible current prospects can have a huge marketcap purely because everyone expects it to do well "in the future".
this doesn't mean cryptocoins don't have value, because they clearly currently do atm, it just goes to show how much of this is human psychology and doesn't really come down to any sort of valuation metric. It's valuable because 20k-whatever people currently say it is haha.
Think beanie babies & pokemon cards...
Even with stocks, one stock can be valued more than the other, and not every time are these values placed among things that currently exist. Tesla is a good example at the moment, DDD/SSYS is another good example from the past. Their inflated value came from expected future prospects, most of which never came to fruition. That's how one company with "great future prospects" but horrible current prospects can have a huge marketcap purely because everyone expects it to do well "in the future".
this doesn't mean cryptocoins don't have value, because they clearly currently do atm, it just goes to show how much of this is human psychology and doesn't really come down to any sort of valuation metric. It's valuable because 20k-whatever people currently say it is haha.
Think beanie babies & pokemon cards...
The coin will get its value based on peoples perception of the value or future of the coin, or just from being actively traded.
some team can release a coin free, and do work for it
in the future ,they would use the coin which they have trade BTC or other
they will earn more
that's my thought about the airdorp!
in the future ,they would use the coin which they have trade BTC or other
they will earn more
that's my thought about the airdorp!
I am just curious, how an airdropped coin actually gets it's value. ICO's in contrast are packed by ETH or BTC,
in case you mean "back" not pack then no you are wrong, the ICOs are not backed by anything. you just buy ETH tokens and in rare cases use your bitcoins to invest in them. that doesn't mean they are backing anything!Quote
but an airdropped coin - out of the sky - doesn't have any value at first.
anything that comes out at first doesn't have any value. then it gains value based on its supply and the demand for that supply.airdrop is just one of many methods of distributing that supply.
most coins use mining, some use airdrops, some use rewards in POS, and possibly other ways too.
Well, my thinking was, that if you hold an ICO, then you will get ETH or sometimes BTC and have an asset which you can liquidate to back your own coin. In the case of an airdrop, you don't get anything in return. Yet I also do understand that the success of a coin highly depends on the acceptance and the liquidity, hence if more people than just a few whales own the coin, then the likelihood of a vibrant circulation and ultimately the success of the coin increases.
It is better to conduct a motivated distribution.
I do have a newbie question regarding these air drops,what are these actually and how do we know about these up coming air drops,i have seen recently some threads regarding it ,like if you have x number of bitcoins you get x amount of coins,where do we learn about these things,if anyone could give some information regarding this,it would be a great help.
@OP every asset gets its value if there are users interested to invest their money in it,you can call it consumer surplus.
@OP every asset gets its value if there are users interested to invest their money in it,you can call it consumer surplus.
you don't, you just see it when your watching altcoin announcements and just so happens that the project's distribution method is airdrop/snapshot.
I am just curious, how an airdropped coin actually gets it's value.
people buy it
So how would an airdrop then work in that case? How does it have to be structured that it's a win win situation for both parties involved.
if the coin is useful, people will buy and hold/use.
The value of an airdropped coin mainly depends on whether the coin would be useful in its promised ways. Eyebrows will be raised if it turns out to be a hit and people will start investing in the coin and try their luck at some profits.
I do have a newbie question regarding these air drops,what are these actually and how do we know about these up coming air drops,i have seen recently some threads regarding it ,like if you have x number of bitcoins you get x amount of coins,where do we learn about these things,if anyone could give some information regarding this,it would be a great help.
@OP every asset gets its value if there are users interested to invest their money in it,you can call it consumer surplus.
@OP every asset gets its value if there are users interested to invest their money in it,you can call it consumer surplus.
The airdrop is a good thing because it involves lots of people learning and using that new coin that is giving away these coins, by this not all these people will be active in using this coin but a small amount of them will start using this new coin, start trading and so on the value of this coin will get a higher value that it has before.
Tell us that story!
Anyone remember Auroracoin? That might teach you something about the "value" of airdrops
Tell us that story!
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