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Topic: Is it true that 99% of all airdrops are shitcoins of bad projects ? - page 5. (Read 2721 times)

jr. member
Activity: 196
Merit: 1
Ah of course not 99 slightly less, there is decent projects which hand out airdrop , but of course in most cases many bad coins , leave in long and bad coin walk away will remain good
full member
Activity: 434
Merit: 103
How do you measure "shitcoinness" of an airdrop?) By USD equivalent of gained tokens or?
In this case, do you think ONT airdrop was good and worthy?) Most of the airdrops are crap - that's for sure. But even this crap sometimes is pumped and can bring you huge profits.
full member
Activity: 983
Merit: 100
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From my prespective mostly airdrops is priceless. I never meet an airdrop that makes profits to me. About 98% of airdrops is a scam project. They did send the tokens but it never will listed on exchange. For that reason i never join any airdrops.
sr. member
Activity: 1428
Merit: 252
Agree, I follow airdrops which are mostly based on ERC-20, unfortunately after I received there was no market to accept, this is what makes the market red so that it loses the trust of investors, I suggest to selectively choose airdrops.
jr. member
Activity: 91
Merit: 1
If that is true I think this is reasonable, because usually airdrop tokens do not have ICO. Certainly it would be very difficult to develop their project, even to listing in exchange is very impossible because this would require a lot of funds. But this does not apply if the dev behind the platform is rich people who have a lot of money, because to develop a project they will not need funding assistance from early investors.
member
Activity: 294
Merit: 14
It seems to me that the figure is too much exaggerated. Now everything looks much better than a year ago, so most likely bad coins and projects is about 5-10 %. This is my opinion
member
Activity: 253
Merit: 10
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 think this percentage is exaggerated. If you think big, then in fact only 5% of all projects in which I participated were Skam. I do not think that 99 % can still be bad projects
full member
Activity: 644
Merit: 100
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.

Based on my experience, Airdrop is not profitable, you are wasting your time to participant and filling ups their form. I also think that in airdrop they will scam you because some airdrops has required to pay a certain amount before you can claim their coins. I personally got lazy when I experienced to participate in airdrop then the coins/token I get was worthless its very disappointing in my side.
copper member
Activity: 280
Merit: 1
Not certain about the figure and percentage but that is seemingly what it is, a lot of investors are increasing losing interest in ICO investments as majority of them turned out to garbage and valueless. I think the market situation hugely contributed to it unlike late last year where some projects get huge attentions and were the attention of most investors. The proliferation brought in shitty projects and the attention of scammers, I think if the crypto market is regulated especially as regards ICO it may bring in some sanity and the lost trust
member
Activity: 504
Merit: 10
Today, airdrop is not profitable. I stopped joining these projects because it is useless. I'll wait for better times.
full member
Activity: 728
Merit: 110
I would like to mention for some more projects that are not a shitcoin and that made an airdrop: Eximchain, Bread, MasterContract Token. Good projects with a real use case.
member
Activity: 177
Merit: 10
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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
Yes,this was not surprise for me,those who take part in airdrop tend to enter into hundreds of projects to get at least some benefit.
member
Activity: 462
Merit: 23
I can’t say all airdrop are bad. I joined many airdrop this years, some of them were waste of time, but some of them are even listed on good exchanges. I attend also few of community airdrops this year, and I start to make friends too, we sharing our experience and knowledge, so it is all worth in the end for me.
full member
Activity: 367
Merit: 100
Of course not. 99% is too high statistics, you can not talk about this. I would believe 77% or 81%, but 99%...
copper member
Activity: 336
Merit: 3
Cryptoknowmics - World's First Decentralized Media
Airdrops are generally shit. Because you are spending your time, subscribe to all social media of a project and enter the telegram discussion. After several months of waiting you are getting 1 USD as your reward.  Sad
jr. member
Activity: 177
Merit: 1
In general, the concept of airdrops was somewhat different than what it has become now.  In fact, even if the project is worth the little things that offer with airdrops can not seriously be considered
member
Activity: 590
Merit: 39
there are good projects but it's a bear market... almost everything is red for now.

Many ICOs are extending time and postponing their debut in exchanges for this reason.
member
Activity: 434
Merit: 10
Yes, the cryptocurrency airdrop mission has now been abused. There are a lot of scams here, they won't give you any coins, so the airdrop mission is just a waste of time. Few airdrop missions will reward you on time, they only need someone to serve them and not pay.
full member
Activity: 504
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

Well, not really. Not every token airdropped out there is actually trash token. There are tons of token released for everyone that's actually worth something. It's just that they distribute small amounts to everyone that's why it doesn't seem to be worth anything.
member
Activity: 434
Merit: 10
I think that would be an over generalization because there are so many potential and successful projects out there that offered airdrops to help spread news about their projects. The unfortunate situation that is happening these days is that most airdrops are turning out to be scams and offering coins that are not even worth holding.
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