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Topic: Is it true that 99% of all airdrops are shitcoins of bad projects ? - page 15. (Read 2732 times)

jr. member
Activity: 88
Merit: 1
No, It is not true. My friends got $600+ on airdrop, which the project doesn't start ico or any raise fund. What do you think, OP? I know airdrop is only for getting a subscribe or followers, therefore many people do cheating
newbie
Activity: 48
Merit: 0
From my own experience I can tell from all the airdrops that I know the top projects were only: Vite, Ontlogy, Dfinity. All others were shitcoins Angry
maybe not the 99% of them, but for sure the most part are shitcoins and bad project.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
From my own experience I can tell from all the airdrops that I know the top projects were only: Vite, Ontlogy, Dfinity. All others were shitcoins Angry

I also can tell that there are hundreds of shit airdrop in the market, and I wonder when will these stop it has no value now and in the future and still more and more airdrops are coming made me wonder if all of these airdrops are with the same admins that just refreshing or repeating their projects.
sr. member
Activity: 658
Merit: 256
Freshdice.com
From my own experience I can tell from all the airdrops that I know the top projects were only: Vite, Ontlogy, Dfinity. All others were shitcoins Angry
I don't think that majority of the projects that are having airdrops are bad. But rather I think those are the ones which have succeeded on its tokensale period. Based on my experiences, those projects that are eventually having airdrops after the crowdsale are those which have performed well during its sale. And also, generalizing is not a good idea because opportunities might be missed.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
That is close to reality when i myself has also experienced that. I am an active airdrop hunter before (hence my name) and i am always looking for airdrop everyday and i participate each one of them as much as i could but at the end of the day, i received nothing. Some of the tokens that i received are just staying in my wallet and is no update about when it will be listed on the market yet.
member
Activity: 273
Merit: 15
What you mean by that? Airdrop? You just get a small amount of coin by joining an airdrop. Why you expecting to high from airdrop. Even the coin price is not high, you can't say that are just a shitcoin. But, i will not comment about bad projects.
member
Activity: 196
Merit: 10
I think 99% of the ICOs is an exaggeration, in fact the statistics are inflated a lot because they take failed projects as scams too, when in fact they are projects that were mismanaged or simply did not raise enough funds at the end of the ICO, so you can not put all the projects in the same bag.
jr. member
Activity: 169
Merit: 3
From my own experience I can tell from all the airdrops that I know the top projects were only: Vite, Ontlogy, Dfinity. All others were shitcoins Angry
not all shitcoin is just a few coins that become shitcoin so that other coins are affected by the amount of shit coins in circulation, I think if there is continuous shit coin, investor confidence will continue to decline and the bounty hunters also disappear
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
All I know is that all airdrop programs are shitcoin because as long as I follow Airdrop I never get coins that have quality when I get it and it all ends up just as a decoration on the wallet so I think not to do airdrop because it only wastes time though not all the airdrops but reality what happens is that the airdrop coin doesn't have a good price, even many don't get the price.
There are actually very few project that did airdrop and they are such a huge success, unfortunately all those project exist exactly at the early stage of the airdrop.
Those project are so good at keeping up that the main purpose of their airdrop is simply seeking attention while the project progress is still continuing really good.
sr. member
Activity: 2338
Merit: 273
DGbet.fun - Crypto Sportsbook
All I know is that all airdrop programs are shitcoin because as long as I follow Airdrop I never get coins that have quality when I get it and it all ends up just as a decoration on the wallet so I think not to do airdrop because it only wastes time though not all the airdrops but reality what happens is that the airdrop coin doesn't have a good price, even many don't get the price.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
From my own experience I can tell from all the airdrops that I know the top projects were only: Vite, Ontlogy, Dfinity. All others were shitcoins Angry
Of course, do you know the purpose of airdrop? it is to build community to share small amount of coins worth under 10 ICO price not market price. when you earn 10 USD value it is not the value. If the coin in market is only about 1 or 2 USD. Now to send 1 or to USD via eth tokens are very expensive gas, It is not good airdrop. Fake developers like airdrop because the coins are not popular.
and also it usually exist to trigger someone to pump the whole market so that the developer could take the advantage of the situation but dumping the coin
most of the time developer that are scumbags will reserve huge amount of token and only small amount of that determined portion will be distributed
full member
Activity: 448
Merit: 100
From my own experience I can tell from all the airdrops that I know the top projects were only: Vite, Ontlogy, Dfinity. All others were shitcoins Angry
Of course, do you know the purpose of airdrop? it is to build community to share small amount of coins worth under 10 ICO price not market price. when you earn 10 USD value it is not the value. If the coin in market is only about 1 or 2 USD. Now to send 1 or to USD via eth tokens are very expensive gas, It is not good airdrop. Fake developers like airdrop because the coins are not popular.
full member
Activity: 810
Merit: 101
Previously, airdrop brought a normal income, but not all. Now the number of good projects has greatly decreased and the income from them, respectively, has also decreased. I don't see the point of participating in them, it's a waste of time, I think.
hero member
Activity: 991
Merit: 500
Unfortunately it is true and most of such cases is just non sense airdrops.
I participate only in top airdrops, filling 100+ google forms isn't for me, I select projects!

Yes it's up to us and it depends which type of airdrop do we participate, again most of the airdrop are just shitcoins and some of them don't get listed soon and it's a cheap marketing tactics.
jr. member
Activity: 199
Merit: 1
It is hardly to believe the authenticity of airdrops nowadays. I have listened to some of my friends that have been in crypro before how they have benefited a lot from airdrops. But I think the reverse is the case now, even if it is not 99% of airdrops that are shitcoins of bad project then it is very closer.
It got to a point I decided that I won't participate in airdrops again except those ones that comes with the bounty I so much believe in.
I have participated in numerous airdrops months ago, I have not received about 95% of them. The only 5% I have received, it's 0.1% of that on exchange market.
Many airdrops are really frustrating.
member
Activity: 224
Merit: 10
diceroll.xyz
Many treat airdrop as making money but it's not the way of making money. Project team do airdrop just for the project awareness. So, Good thing to support the project or invest in for the more value  Wink
member
Activity: 476
Merit: 41
Well, from your own experience, if only 3 were worthwhile and the many hundreds of others were a waste of time, then maybe that is pretty close to 99% are bad projects.
So actually, saying 99% are terrible might not be such a wild number lol.

Last year, airdrops were nice events, mostly rewards for hodling a coin.
Then we had Deep Onion that distributed it's coin exclusively through airdrop.
Now, we have every single project handing out coins for free for just signing up to telegram and stuff like that.

Of course the value of the token will be zero.
Projects in crypto act as if they can make money from nothing.
Just creating tokens and giving them out actually guarantee that your project is worthless.
But, at least now we are seeing the ICO and Airdrop bubble popping, hopefully a lot of shit projects will die.
member
Activity: 439
Merit: 10
Based on my experience in airdrop, I can say that 99% of it is garbage. I did not have any good payments from any of them and I realized that this is a bad idea.
jr. member
Activity: 616
Merit: 1
This question has been answered many times and I believe the major agree that on the average airdrop is a waste of time except you don't have any better thing to do with your time.
full member
Activity: 798
Merit: 101
Unfortunately it is true and most of such cases is just non sense airdrops.
I participate only in top airdrops, filling 100+ google forms isn't for me, I select projects!
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