Is it true that 99% of all airdrops are shitcoins of bad projects ? - page 20.

DamilolaB

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Quote from: Jadz on October 12, 2018, 07:12:06 AM

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

You are right but what am not sure of is the percentage. I have quit participating in airdrops for sometime now due to the fact that majority of them will end up being either a scam or a worth less project. I got an airdrop reward I took part in the beginning of this year just last week and the value of all I got was 26 cents. It is so disheartening.

andthereyou

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Yes for airdrop that (the project team) did not held an ICO, not being listed on an exchange was the reason it become a useless coin/token. Unlike a project that did both airdrop and ICO, which has money raised for coin/token listing on an exchange and also for development.

Mt. Dempo

jr. member

Activity: 294

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Quote from: Jadz on October 12, 2018, 07:12:06 AM

I know the top projects were only: Vite, Ontlogy, Dfinity.

don't forget also that bitcoin cash is a coin that comes from airdrop bitcoin. stellar also comes from airdrop and these two coins are in the top rank.

Airelves09

member

Activity: 298

Merit: 10

For now. Yes. Many airdrops have been abused. But some of them were successful. If there are better airdrops. I will continue to do so. If one of them is successful. Then we earn very objective profits from it. So. Don't be too pessimistic.

Awoben

jr. member

Activity: 236

Merit: 3

Quote from: dewildance on October 12, 2018, 07:35:47 AM

It's not right to make a generalization this way. Most recently, the Hydro Airdrop had been very good winners. Nobody can call Hydro to SCAM.

I support your view, though vast numbers of Airdrops are shitcoins created by few set of people trying to see if their project can make it to the market and dump thereafter.
It is quite difficult to get a real airdrop, but they are still out there, recently some people still made cash from coinMD, Energi, while I benefited mostly from exchange coin airdrops and still benefiting from Staker STR every weekend.

batang_bitcoin

hero member

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Most of them are and that's statistic you got is accurate IMO.

I don't join airdrops even before during the days where the projects were all amazing and has a chance to emerge. But now most of them even they are offering good amount of airdrop, the value is still being determined by the demand of that project. Now most of them are bad and scams.

Bairbe

jr. member

Activity: 185

Merit: 2

Honestly, I haven’t done airdrop for a very long time, because I came to this conclusion a very long time ago!

dewildance

full member

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It's not right to make a generalization this way. Most recently, the Hydro Airdrop had been very good winners. Nobody can call Hydro to SCAM.

Ulya63

jr. member

Activity: 420

Merit: 6

Of course, this is the truth of life in the cryptocurrency world. I think somewhere out of 60 bounty projects there can be a current 1 worthy project and it is almost impossible to guess. But airdrop is worse than in the bounty because basically scam projects make the current airdrop since this is easier to do. But not even such projects can be earned if you come up with the mind.

disconnectme

hero member

Activity: 1876

Merit: 512

It is recently that the concept of Airdrop has been abuse, I read than NEW was also airdrop and even in early days of BTC it wss airdrop to some members on BCT and Reddit forum just to build up a strong community around the project, but now what we see is that the developers farm addresses and start dumping on the community as soon as the token get listed on the exchange another thing now is that most people even dump their tokens immediately on exchange because there is no attachment to the project long term

Jadz

jr. member

Activity: 222

Merit: 2

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

Topic: Is it true that 99% of all airdrops are shitcoins of bad projects ? - page 20. (Read 2732 times)