Topic: How to farm airdrops on crypto? - page 2. (Read 534 times)

Staking with Atom coin, Injective or INJ coin, Tia, PYTH coin have large potential to earn airdrop in the future, beside with retroactive airdrop like swap on the new dapp launching  I think very worth staking with above coins list and has opportunity to earn airdrop later. Some time mint NFT get chance to earn coins airdrop but need patience when airdrop launching not in the short time, but staking coins worth than spend fund for swapping coins on new dapp or mint NFT without any potential nft worth in the future or not.
Can unlock with staking coins later with price increasing up we can earn much profit, but have minimum amount for eligible airdrop reward if want get staking coins way.

@cryptoaddicthie if this request will not bothered you, can you compile all your active airdrops or potential airdrops in one thread or even on a telegram channel to be easy notified. I’ve been following some of your thread but it’s hard to catch up when I have other errands to do.

I’m really interested on the current airdrop trend especially on the Aptos, Sui and other big airdrop that I miss just because I’m late to notice. I have a chance to get Celestia airdrop before by holding Atom but I prematurely sold my holdings before the snapshot just because I’m not aware of this airdrop. 

Yes Ive seen the trend also on doing mobile mining and its happening again. Before its a hype too and become dead and now they return. The only one I am doing now is notcoin and I think thats gotta be a good one if ever they launch a token. For someone who did a good due diligence isnt gonna be hard to know if the project will launch a token or not.

There are lots of cryptocurrency apps we can mine and finally went from them when they are finally launched.
This is one of the ways we can earn rom airdrops. There are so many ways we can earn from airdrops by mining, staking, and participating in activities that would guarantee us a chance to qualify for the airdrop sharing. All these are ways we can earn without fullinh investing in airdrop projects that are not yet launched in the market.

Well I didnt say its easy but I cant tell you that its also hard. There are different ways on how to search a good project, slip on some github, social media and some probably insider on your folks who knee something. Digging into nrw projects is the best stsrt everyone can do and you analyze whether they will be a good one in the future.

And you think that is an easy thing to do ? Well, to read the docs, doing the research for each project individually is a full time job, and even then you can only do it 1 project in a day or may be a couple of days, and still then the ambiguity remains. Crypto world is full of wonders but still to grab a good opportunity, you have to be lucky along with doing research.

By doing something in domain buying, staking and NFT holding, you may get airdrop. If you see many big airdrops in the past year, if you meet some criteria, those who missed it, don't regret it. Airdrop may come in the future.  If we work we can get Airdrops but my suggestion is to do some work keeping an eye on project Gular which has not launched the token yet.

Due to hype on cosmos many are staking INJ, ATOM, OSMO and TIA. Typically airdrop from staking are all goods especially if the project is a high foundation and even some middle tier projects. I think Ive seen new lurking drop for atom aether will drop 40% for atom stakers and the recent alt layer airdrop from staking tia. I think this year will be year of modular and cosmos drops.

That is because any free-to-do tasks are doable by everyone and gets saturated really fast, and then there are airdrop farmers who further dilute the reward pool with multi-accounting, taking more than their fair share.

I'm not saying there are no farmers involved where there are real dollar interactions counted, it's just that requiring real money excludes free farmers, and obviously there are more free farmers than paid because free farmers have only to make effort, and if you have lots of free time there is nothing to lose from your side.

So it's good idea from project's perspective to reward only users who used real money, it doesn't solve farmer's problem completely but solves to some extent.

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I think 'potentially' word should be there in bolded statement, i.e $10 to $20 fee for exchange for a potentially a bigger reward.

Requirements to be eligible for airdrop are getting complex, projects will rarely reward you for mere couple interactions or for interactions with low amounts, retrodrop's are all luck, you spend for interactions on 10 projects then may be one of them will reward you. If you don't have extra money lying around, it's better to stick with free projects, and try to get starting funds from there.

Or to stick with projects having probability of retrodrop, but your funds stay safe, for example, staking protocols. $JITO is prime example of this and other is EigenLayer but to stake there gas fees were expensive since it's on Ethereum. Though, Eigenlayer stakers gonna recoup easily, because other projects are accounting Eigenlayer stakers for their airdrop's criteria.

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There have been plenty already on Cosmos.

I also see that the Cosmos network is now widely rumored to be getting an airdrop because of the many new projects joining and becoming a trend such as INJ and ATOM.
Hopefully there will be an airdrop for this chain.

If you carefully study the project and the investors, then you can with a high degree of probability choose a legitimate project that will not be afraid to entrust your money to. And if we see Sequoia, Binance Labs, Andreessen Horowitz, a16z and other top funds among the investors, then you can safely trust the team of professionals who invested in this project.

there are still plenty of airdrop that can be done for free basically the testnet testing and so on, you just need to interact with the blockchain within testnet and you will be awarded some NFT or something at the end of the stage in the main blockchain which you can sell when main blockchain is up but don't expect anything big for something free like that most of the juicy reward are usually right now require money as you said and sometime it isn't measly, the staking program usually erquire as low as 0.25 ETH like what happened with manta, for other platform it might be higher.
but its honestly kinda logical considering that the devs just try to filter out as much sybil as they can since they are the reason why sometime giving out many free reward to the public out of free task could cause the coin to be hoarded by some individual that farms.
also, yes it is a concern that scam dev might take advantage the "paid" retroactive to steal people money but usually people aren't gonna put any money to the devs that aren't known or aren't backed by some big investment company anyway.

Most of the "decent" airdrops require you to do X thing in order to be eligible for their airdrops and nowadays you need to spend some to actually interact with their platforms. Some of the free one is already dead and most of them are just a scam for free promotion so it's just not really a wise thing to do anymore.

I'm just afraid that the scam airdrops would use this kind of airdrops to actually make them look "legit" but at the end they will steal your money. Just like other successful thing in crypto.

Mmm. Then I am talking about retrodrop. I know it very much as airdrop and that has been the name. When Uniswap gave UNI tokens worth over hundreds of dollars, they called it an airdrop. I guess it should have been defined as a retrodrop since it’s for early adapters. But looking at the Binance article, nothing there mentions money. You simple do the task and get the token. Staking and all of that shouldn’t be seen as airdrop because you’ll put in money and STAKE the money.

I agree with you, your point highlights the importance of thorough research before participating in any project in the crypto space. Analyzing tokenomics, community incentive programs, key features on the platform, and support from major projects can help investors and participants evaluate the potential and credibility of a proposed project.

   Then I just noticed that the form or style of the airdrops today is different, because of the ones that can be said to be legit now. You can guess which tokens we think will conduct airdrops in the future.

   Just like with SUI, many people thought that there would be airdrops, so many crypto investors tried to put their money into Sui, and in the few months that they have been working and using the platform, so far no airdrops have been made. So it's a waste of time and effort because they didn't get what they expected here. So that's the risk now in hunting legit airdrops right now. But for farming or stakes, that's fine for me.

That's a fair point and I agree. It's always best to stick to what works and Metamask does work and it hasn't have any critical vulnerability affecting its wallet directly. I still use it along with Rabby wallet especially for EVM development activities and I have no issues with it. I only like Rabby due to how streamlined it makes interacting with DeFi protocols.

In the end, as long as it works, all good.

Well there are really some for free. What is $10 to $20 dollar fee for transaction in exchange for a bigger reward? I think you are aiming for literally full airdrop but spending on gas fee for claiming or what is such responsibility of the users. You already given a free tokens called airdrop you wont expect the project to give it all even the process or cost to received it.

Thank you for elaborated response, there are definitely perks of using Rabby, and appears ledger hack helped them get some limelight for good.

I don't sign transaction on MM that show unreadable content, so it keeps me away from most scams, also I use HW for significant funds and spare funds on MM to interact with airdrops and stuff like that,

For now, I'll stick with MM, until something horrible happens to them and I'm forced migrate. I have no worry for funds since there are meager funds there.

As a rule, many participants are confused in terms and do not see the difference between a classic airdrop and a retrodrop. I bring to your attention an article from Binance, which clearly describes the differences between these airdrops - https://www.binance.com/en/feed/post/838305