Topic: Proof that airdrops never work ... (Read 396 times)
Though don't like airdrop but sometimes it worth doing, because have done some that is rewarding, so to me Airdrop worthiness is base on the project the airdrop is coming from, so will not castigate it. But sincerely they are frustrating sometimes.
I mean I never heard of somebody like "check it out guys, I earned a lot in this free airdrops". Especially in the middle of this pandemic where people are into money right now, these are pretty much just going to go south almost always. If it wants you to go through a lot of stuff like share, tweet or the worst, sign up, then it is probably a scam.
I don't believe in such free money giveaway anyways.
I don't believe in such free money giveaway anyways.
I think it's wrong to expect a lot more payments from airdrops. If you want to participate in airdrops you can, if you do not want to participate in airdrops then you don't. If you get payment from any airdrops, consider yourself lucky. Not all airdrops are a waste of time. There are some worthy airdrops but you have to be lucky enough for those.
The mistake was to put too much hope in the work from Airdrop. Meanwhile, it is just something that sometimes gives profit and vice versa. There's nothing wrong with Airdrops because there are still many Airdrops out there that actually pay, maybe 1000 :1, although not in huge profits.
Therefore, if Airdrop is felt to be a waste of time, then no one is forcing you to do it.
The Airdrop concept is a free token, and if you are required to pay it means it is against the rules and immediately leaves.
Therefore, if Airdrop is felt to be a waste of time, then no one is forcing you to do it.
The Airdrop concept is a free token, and if you are required to pay it means it is against the rules and immediately leaves.
99% of the time airdrop is a helluva waste of time, but 1% of the time, you hot a jackpot. And some airdrop hunters live for that 1% all their life. In my days as active airdrop hunter, I got Hydro, Polymath and Uniswap airdrops. These combined gave in their ATH gave around $5000 give and take. So there you go. It's a low effort exercise, so there's nothing to lose
Aidrop is just a free coin token and we can't do much for aidrop tokens so we'll just spend time there, so let's just forget about aidrop and we're just hunting for bounty
Not all of them are also dead, because among the many Airdrops that sometimes become scams there are also very good ones and deserve you to hunt, and this is also almost the same as bounty hunting which sometimes can also be a scam in the end.
Airdrops are different from the airdrops that I have participated in from 2016-2018, at that time we only did simple things such as following social media, joining discord, making posts on social media and filling out the form containing the wallet address then we would get coins or tokens, but right now to get $5 it takes luck because airdrops participants can be hundreds of thousands.
Yes, it seems that 2016-2018 was the heyday of aidrop and bounties, I remember that time when developers did a countdown of their project's airdrop launch, only a few minutes participants had reached the quota of the airdrop, I personally got the project several times airdrops that actually make quite a lot of money.
But now most of the airdrops only end in scams and there are rarely airdrops that pay for the participants, unless we take part in an airdrop on an exchange, of course, we will most likely get a profit, but of course there are special conditions that apply if you want to participate in the airdrop.
Airdrops are different from the airdrops that I have participated in from 2016-2018, at that time we only did simple things such as following social media, joining discord, making posts on social media and filling out the form containing the wallet address then we would get coins or tokens, but right now to get $5 it takes luck because airdrops participants can be hundreds of thousands.
I totally agree with you here and i for myself have given up on joining airdrops a long time except for a very few times, where i thought that project could really have a future. The main reason why i stopped joining airdrops is quite simple, it is just not worth the time and effort. They don't even deserve to be called airdrops because you have to do something for it. You have to join Telegram, you have to follow their Twitter, make a retweet and so on. For a real airdrop all that is needed should be your wallet address.
The "golden" times for airdrops are already long gone. In 2017 - 2018, you could make some nice amount of money with the airdrops. Nowadays, 99.9% is useless or scam, but some are still interesting. Remember the airdrop that uniswap did a couple of months ago; they gave 400 UNI (now worth 10,000$) if you used their platform once.
IMO, I believe not all airdrop is just wasted, what I believe is it depends on what purpose of that airdrop, the OP was presented a stellar based token, I can say that there's a good airdrop out there in the Stellar network like the Aqua Network (Aqua) the Airdrop was created to add more Liquidity to XLM Network and they give it for free in all Stellar DEx users the distribution claim was monthly and because I was using stellar DEx before I was qualified and claim 4884 Aqua tokens monthly from August -December the Aqua token price was stabilized at $0.0049 per/Aqua so not bad at all. and with that current price if you sell it you can claim $27 of free money monthly in 5 month period by doing nothing.
Many working platforms have done it without hurting the price of their token just because of the airdrop, like UNI of Uniswap, LON of TokenLon, DYDX of DYDX, Inch, and some others I have received some of this airdrop they don't need to manipulate and lowered the price just to rid off the weeds just look at them now. if you have confidence in your project it will grow naturally even with or without airdrops. just saying!
Many working platforms have done it without hurting the price of their token just because of the airdrop, like UNI of Uniswap, LON of TokenLon, DYDX of DYDX, Inch, and some others I have received some of this airdrop they don't need to manipulate and lowered the price just to rid off the weeds just look at them now. if you have confidence in your project it will grow naturally even with or without airdrops. just saying!
YES...... and NO..
This is a very subjective topic because not all experienced the same thing
. OP experienced the good side of airdrops and got profit from it. Not all airdrop hunters have the same experience as him and TBH, my estimation is that more than 90% of the airdrops turned out to be either useless, a dead coin or an abandoned project.
I still remember Uniswap, which started as an airdrop and now it is one of the top DEX'es already. Lucky for those who got UNI tokens from airdrop and held it because they got 100% profit. As for me, I didn't get the opportunity to earn thru airdrops.
This is a very subjective topic because not all experienced the same thing
. OP experienced the good side of airdrops and got profit from it. Not all airdrop hunters have the same experience as him and TBH, my estimation is that more than 90% of the airdrops turned out to be either useless, a dead coin or an abandoned project.I still remember Uniswap, which started as an airdrop and now it is one of the top DEX'es already. Lucky for those who got UNI tokens from airdrop and held it because they got 100% profit
. As for me, I didn't get the opportunity to earn thru airdrops. 
After many years of researching this market I have received several airdrops that can be said to be very large. But I don't need to do much, just pay customers and they reward me. Take the time to research something else rather than wasting time sharing content on social networking sites and waiting for the money to come .
. 
You have to be more thorough. Some people have given up on airdrops. But I proved myself if it was a successful project. Then we will get a big profit just by following their airdrop. I've tried it a few times.
Most of these airdrops are scam, a waste of time and effort. But its free, the reason why some users particularly newbies are getting interested and hoping to have a free tokens/coins after following the steps.
But there are clearly scam airdrops asking for deposits before you'll become eligible, its unfortunate that many people are ending up losing their money for believing.
Currently the popularity is not the same as before and I think people are aware now that its not reliable to get free money. Because even you get the chance to receive their tokens, most likely its just a shitcoin.
But there are clearly scam airdrops asking for deposits before you'll become eligible, its unfortunate that many people are ending up losing their money for believing.
Currently the popularity is not the same as before and I think people are aware now that its not reliable to get free money. Because even you get the chance to receive their tokens, most likely its just a shitcoin.
I've followed airdrops and the results were disappointing, just a waste of time and filling groups on telegram, and now prefer to follow bounties on this forum, airdrops are no longer appropriate and are only a means of finding followers on telegram, twitter or other social media for developers.
The era of earning decently in airdropping has gone for good any participating now bounty hunter filling airdrop now is just a waste of time, even the credible ones available when the token is eventually listed the value wouldn't be reasonable for the time and efforts.Hunters should channel their efforts to other profitable means of earning cryptos like staking, social media campaigns etc and ignore airdropping except otherwise.
Airdrops are a waste of time ...here is the proof ...best way is to leave the coin / token grow naturally ...
I totally agree with you here and i for myself have given up on joining airdrops a long time except for a very few times, where i thought that project could really have a future. The main reason why i stopped joining airdrops is quite simple, it is just not worth the time and effort. They don't even deserve to be called airdrops because you have to do something for it. You have to join Telegram, you have to follow their Twitter, make a retweet and so on. For a real airdrop all that is needed should be your wallet address.
They work but only for the project doing it. This people use the hunters to get free promotion then they send them worthless tokens and if they want to pay real money, they pay the hunters Penny. Instead if wanting your time online doing free promo for projects making them multi billion dollars company, why not use that time to improve on yourself.
You can take classes to become a better trader or investor etc, learn how to take control of your emotions to avoid it influencing your investment decision or better still educate yourself more on the subject Bitcoin and blockchain.
You can take classes to become a better trader or investor etc, learn how to take control of your emotions to avoid it influencing your investment decision or better still educate yourself more on the subject Bitcoin and blockchain.
Aidrop is just a free coin token and we can't do much for aidrop tokens so we'll just spend time there, so let's just forget about aidrop and we're just hunting for bounty
Not all of them are also dead, because among the many Airdrops that sometimes become scams there are also very good ones and deserve you to hunt, and this is also almost the same as bounty hunting which sometimes can also be a scam in the end.
I used to participate in plenty of airdrops and actually, it is really difficult to track all airdrops and I haven't learned how to find out if you win something or not. I also think that it is a waste of time since I didn't earn anything, although I completed plenty of useless tasks such as retweet, subscription etc. I don't really know how this system works.
If I understand this correctly, they have distributed the airdrop, and the "supposed HODLers" have just sold everything and dumped the price?
You could look at it in two ways on who was successful
So for the bounty hunters, they have managed to dump and become more prosperous because of the airdrop, and they never lost anything but their time doing the supposed tasks to spread the project's word. I don't think the project lost value with that; it's temporary, like almost all those tokens that airdropped.
The project is still successful either way that they manage to make their promise. It's not that it's not going to work; they are just late to the supposed target date. Maybe that's just the part of their roadmap to distribute those tokens freely, but it doesn't mean it didn't work. I think it's all about marketing on their part.
You could look at it in two ways on who was successful
- Bounty Hunters were successful
- Project was successful
So for the bounty hunters, they have managed to dump and become more prosperous because of the airdrop, and they never lost anything but their time doing the supposed tasks to spread the project's word. I don't think the project lost value with that; it's temporary, like almost all those tokens that airdropped.
The project is still successful either way that they manage to make their promise. It's not that it's not going to work; they are just late to the supposed target date. Maybe that's just the part of their roadmap to distribute those tokens freely, but it doesn't mean it didn't work. I think it's all about marketing on their part.
Jump to: