Author

Topic: Just curious (Airdrop distribution) (Read 189 times)

jr. member
Activity: 250
Merit: 2
June 20, 2018, 10:16:35 PM
#14
The use smart contracts to do so so when they initiate paynents the process then continues until every address gets theirs.
member
Activity: 350
Merit: 41
June 20, 2018, 06:16:25 PM
#13
Think they use a combination of both. Manual to check details, (try to) root out the scammers, etc. and automated for distribution. Size can be a factor too, as some attract so many applicants that doing it manually would be impossible. Gets even more complicated once they're asking for forms of KYC, as most of these can only really be manually checked, if they are worth participating in anyway. I don't like any that ask for too much info, especially once they're talking phone numbers.
member
Activity: 392
Merit: 13
June 20, 2018, 04:46:03 PM
#12
Just ot give you a warning:  most airdrops are just garbage tokens with zero value.  Also be careful just handing out your personal information willy nilly because that's how you get hacked.
newbie
Activity: 112
Merit: 0
June 20, 2018, 04:42:39 PM
#11
How do projects manage and carryout their airdrop distribution? Are they manually done or automated?

It depends on the project. Some high value tokens with low supply are done manually to prevent cheaters from using different account and reaping the reward in a wasteful way.
newbie
Activity: 78
Merit: 0
June 20, 2018, 12:06:49 PM
#10
As mentioned by other members, both methods are used. If the coin to be distributed is a ERC20 token, it is usually distributed automatically using smart contract.  Otherwise, the coin is usually distributed manually.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
June 20, 2018, 10:31:52 AM
#9
Absolutely all airdrop must be done manually. You will spend a lot of time but you will not get tokens for all your actions.
There are developers that wants to save a lot of time so they are doing it manually and will send those tokens at the same time.

If the answers here aren't satisfying go to any tokens or announcement thread and ask the devs there directly.
full member
Activity: 1176
Merit: 162
June 19, 2018, 07:31:24 AM
#8
As far as I know they are 2 types of airdrop self claim airdrop and the usual with form. self claim airdrop will be receive automatically the claimer will pay for the gas but most of it has no value. The airdrop with form to fillup sometimes needs a kyc  most of them distributed manually. Some are thru smart contracts with multiple recipients you can consider this as automated.
full member
Activity: 434
Merit: 102
June 19, 2018, 06:53:08 AM
#7
After airdrop closed they verify every person who joined that airdrop if they have do everything in it and respect these conditions after that you can get your tokens if you respect the conditions and if the airdrop is not a fake airdrop
full member
Activity: 412
Merit: 100
The Protocol for the Audience Economy
June 19, 2018, 05:46:58 AM
#6
Absolutely all airdrop must be done manually. You will spend a lot of time but you will not get tokens for all your actions.
full member
Activity: 178
Merit: 100
June 18, 2018, 07:10:44 AM
#5
Both replies are correct. If the Airdrop/purchased crypto is an ERC 20 contract (Ethereum base) then most likely a smart contract will be used to manage the tokens easier. If it's an alt coin that is not based on the Ethereum blockchain then a script or sending coins manually will most likely be done.
newbie
Activity: 72
Merit: 0
June 18, 2018, 12:36:41 AM
#4
They use smart contracts to send a lot of money to different people at once, but only pay once, which saves a lot of time.
newbie
Activity: 14
Merit: 0
June 17, 2018, 11:25:46 PM
#3
Everything regarding distribution is manual, as my thought. If they have an automated process, of course it will have some problems like error script or higher distribution amount than it should.

Makes sense, thanks
member
Activity: 616
Merit: 10
June 17, 2018, 11:24:04 PM
#2
Everything regarding distribution is manual, as my thought. If they have an automated process, of course it will have some problems like error script or higher distribution amount than it should.
newbie
Activity: 14
Merit: 0
June 17, 2018, 11:17:57 PM
#1
How do projects manage and carryout their airdrop distribution? Are they manually done or automated?
Jump to: