Topic: How to farm airdrops on crypto? (Read 486 times)

Well back then crypto wasn’t as well known as it is right now. So projects really had to go the extra mile just to get some people to look their way let alone be interested to hold their token or coin. Now on the other hand the desparation for the lack of a better word is on the investors.

After seeing the success of other projects they are hoping to recreate that so they will do anything especially if it doesn’t really cost much such as an airdrop to acquire as much of a coin they can acquire.

This is why it is still important to do your own research instead of just blindly accepting everything. Not all airdrops will actually have any value.

Gone are the days the those projects will really be sending out those coins/tokens and they would really be spending up for the gas fee. Usually the airdrops as of todays on where those bounty hunters or airdroppers are the ones who would really be needing up to claim. The only issue i do see this kind of set up is on the time that you are dealing with erc20 based airdrops on which we know that gas fees are insane.
This is something that puts you up on being skeptical on claiming it out since you dont know whether it would really be worth or really just that an expense additional for you.
Farming airdrops now is really that hassle nowadays compared into those previous cycles or old years where you do just simply make some sign up on google form then you are eligible on getting one
but now then you would really be doing tons of tasks for you to be getting eligible on which i could say that it do really sucks.

Not really. There are a lot of airdrops done through Galxe or Zealy or both. And a lot of airdrops that are connected with early testnet participation.

Myself I am currently taking part in Prom Testnet Campaign. Prom Network already has its token and it is listed on various exchanges, but no staking is required whatsoever. You just need to do basic testnet tasks: claiming test tokens from the faucet, minting and buying NFTs, sending and receiving transactions, etc.

The more often you do it (preferably to stay consistent and to it daily) the higher chance of your success to be granted a Delegate role. Delegates will receive an airdrop of tokens. Important part: these tokens will not be for external use. Which means they can't be transferred or sold. But they can be used for governance purposes and will allow to partake in a share of the resulting income

The thing i like most - with stacking you are always competing against wallets larger than yours. But the way Prom is doing it, only the active people will get the prize. And when they do, they will not be able to dump it on the market crashing the price, but will have to use it as leverage to earn their future income. I like the idea a lot, that's why I'm trying my best.

So as you can see airdrops really come in different types and methods.

Maybe needed some little fund for gas fee or claiming. There are some airdrops that literally gives users free rokens for their task or joining the project. Its quite unusual to see that even tokens are drop to registered address though but still some do it. But majority needed claiming on which you need to spend but this is probably a little money only especially if its on L1 network that utilize small gas fee.

staking on bitcoin certainly has its ++ most investors often do this staking.
because behind the staking there is a surprise in the form of a prize that they get and that is very pleasant in my opinion

That's not completely true. There are airdrops where minting the project's NFTs is a prerequisite to booking a place for the airdrop. Some projects can give you a testnet token to pay for the minting while there are some that will demand you send your own hard earned money to get a native token to mint it. Minting of NFTs is gradually becoming a buzz this day just like mining and earning apps are gaining ground too. This crypto industry is filled with uncertainties. Whoever believed there would come a time that projects would utilize the Bitcoin Blockchain to run their own projects – BRC20 projects.

these days only very few select project give rewards to testnet though recently the one that give massive airdrop is dymension it gives testnet user and node runner massive airdrop but overall the newer trend right now is that staking ethereum and get rewarded accordingly based on the point gathered this has happened to swell, eigenlayer, blast, manta and so on and they have good airdrops reward for those that participate into the airdrop staking and they also stated that the points gathered are for airdrop for real.
so if OP can shell out some money he can follow the staking program offered by the projects but be sure to see the legitimacy first because sometime scam can slip in, make sure that the project truly backed by reliable venture capitals.
otherwise it might pose risk of turning out to be rug pull.

Which airdrop are you referring to here? No all airdrop require money to participate in them. Some only need you to perform some tasks on their platform. Running paid airdrops doesn't guarantee you that you will surely receive it. One just needs to keep trying until you make it to your dream in this space.

good, but to do this requires capital and the amount of capital required varies. Apart from that, participating in this kind of airdrop is usually a little complicated and I don't think this airdrop is suitable for beginners. but in the end participating in this kind of airdrop will give you satisfying results.

but rumors can also be used as fomo by influencers, when I opened Twitter I accidentally read someone's thread that said a project was going to hold an airdrop so he revealed everything that had to be done.
The next day when I opened my Twitter again, I saw almost all the news for me about influencers saying similar but different projects and maybe there are several different ways, is what they said true, or are they just looking for engagement?

Huh are you really suggesting to study potential airdrop methods? Well I can disregard your advice based on my judgement plus its works for me. Also whats the problem if thats taking part everywhere. I like it if there are more ways to expand my potential earn and gain from those. Yes dubious projects can earn big profits questions are why and where those resides. But thanks for dropping by though.

The airdrop I received turned into money, even though it was small, I got it for free. Don't underestimate the crypto world, there are many unexpected things. For example, if you get an airdrop that has a small value, it could increase by up to 100x the next day. There are many coin projects that can be significant only for certain things. many miracles beyond your expectations

some pretty interesting giveaways from fairspin, as i think the bottom has too simple terms. If you compare with other projects, then of course there is a difference

It is very surprising how some of you have been in crypto for some time now and yet still very blind to what is happening around you. You seem to be speaking like a newbie in crypto even though your account suggests otherwise. It will be much better if people like you don't make comments about airdrops when clearly you have zero knowledge about them.
I will suggest you go do a little research about airdrops and how it has been giving 7 figures to participants, more than what you will earn in 7 years of signature campaign.

New projects conduct airdrops during the process of token sales, which is a fairly common guideline. But there they benefit more because they want to engage in a lot of promotion activities and many people who come from airdrop are then encouraged to invest in their project. They power their market by promising to give away just a few tokens to everyone. Besides some bad projects who distribute million tokens only to airdrop participants but most of those tokens are worthless.

I advise you not to study anything, as you will spend a lot of time on it. There are websites and telegram channels that track all airdrops, if possible, you need to take part everywhere, because sometimes the most dubious project can make a big profit.

Its quite hard to compile but since I am doing different activity from free to some of the active retroactive, I indeed compiling it to my telegram gc and sharing some alpha there. Alright I can dm you my gc username on telegram, just say so if youre that interested. Oh Ive checked your profile Kabayan.

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Anyone interested can dm me and will share my telegram gc of airdrops you can just follow that if you like to do some task for airdrops. Mostly are free and I also posted there some early bird alpha or OG role for some new projects.

There are so many amazing Crypto projects we can mine and end result everyday waiting for when they would be finally launched so that we can get our own shared of the mined coins. This time around we don't need to bothered about not having the funds to invest in Bitcoin or whatsoever. What we need to do is to be relaxed and work on how we can benefits from mining and doing airdrops.

When placing coins on staking, the amount of profit that we will receive from airdrop will depend on the price at which we purchased these coins. After all, everyone understands that the API will be different for those who received, for example, TIA coins as airdrop, from those who bought them on the market at a price of $2.2 or $20. So it may happen that buying coins for staking at the current price will not bring profit, but loss.

This may not be easy for skeptics and newcomers as most of these NFTs come with a price for minting them. Those who haven't made money from airdrops aren't likely to commit because of the charge. They will see it as a scam. We won't blame them as such. There's enough scam and fraud going on in this industry at this time to last everyone three meals a day, so to say.

Yes, staking is ok. It provides passive earning. However, it depends on what's staked and on what platform it's staked. Those who are interested in staking should do that on veritable platforms they know are close to being perfectly secured. For instance, staking BNB on Binance launchpool for me seems a better option against impermanent loss than staking a relatively unknown token on the same Binance. Again, since the new guy got on the saddle at Binance after CZ stepped down; launchpads have become almost a weekly thing there. Investors are cashing out from it. That's a good one.