The Good the bad and the ugly side of airdrops

Xal0lex

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Quote from: n0ne on November 27, 2022, 06:52:47 PM

Airdrop is just a kind of gambe. If we're lucky, we'll enjoy good profit out of it. If not, the received airdrops will be sitting idle in the wallet and never gets listed anywhere. In some cases we never receive the rewards. It was during the year 2017-18 where more users turned themselves rich through airdrops. Nowadays the airdrop is being much limited as well as made to be very available for limited number of participants. In some case selected members are availed with rewards. So, expecting big out of airdrops could end-up with disappointment.

Any activity focused on possible free tokens is a kind of roulette. After all, you never know for sure which node, testnet, airdrop, will yield a profit and which will not. Just like you can never guess which altcoin will give 10 000x profit and which will not. There is no universal formula, though I'm still happy about questions like "tell me a gem that will grow 100 times" Cheesy

d3nz

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Quote from: Warkop on January 20, 2023, 10:03:11 AM

Quote from: Xal0lex on November 29, 2022, 04:58:22 PM

Quote from: tech30338 on November 24, 2022, 10:10:31 PM

Unisawap, Dydx, Muse, Aptos, others just forget but made a profit from them, some of this you need to make some transactions means you have to either deposit or make some trades using their platform, live or testnet.

Most airdrops are just a waste of time, because they do no good. The examples you gave of successful airdrop are either retrodrops among early users or testnet participants. The various airdrop from gleam, or twitter, unfortunately do not belong to the category of good, or even promising airdrop. It's all a pursuit of measly cents that are not worth the time spent.

There were no valuable Airdrops in 2017, different from this year, even counting a few Airdrops that have value, because interest in airdrops to the public is greatly reduced at this time, so that's why more and more years are disappearing even a lot of fraud is spread on several social media and spammers on telegrams promoting several Airdrops..

This is very true, as past time by some of the airdrops have no more value which is why new projects today are offering bounty campaigns for new projects and this is to promote the projects and how they can contribute to the cryptocurrency world.

TheUltraElite

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Quote from: ije07 on January 23, 2023, 04:17:17 AM

most of the airdrops are scams. that's one of the main reasons I avoid this kind of airdrop because it's not worth the time and results we get. if you are still interested in the airdrop then that's fine because all decisions depend on you, but remember if they ask you to do KYC then it's better to ignore it. Your personal data is much more important than just to claim the airdrop coins.

The coins being distributed through AirDrops are mostly shitcoins that are in 99% of cases bound to not rise and only be a hype among some shills. The owners take the advantage of this shilling to sell off their coins and drain the bitcoins from fooled newbies while cashing out themselves and exiting. Added to that is the risk of identity theft through the airdrop signup forms. Cant help it is people are so foolish as to give their personal information to internet strangers and hope to get gold in return.

Again the world is full of fools and that is why such scams thrive.

Ziskinberg

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Quote from: yazher on January 23, 2023, 02:37:56 AM

I used to join Airdrops back then and the info where you filled your information is publicized which is kinda bad for us and not too long before I realized I did a fatal mistake putting my personal email in the public. I ended up getting multiple spam emails which I really regret and by that time, I really don't know what to do or what was going on. the only remedy I used was to quickly migrate my accounts to another email which I don't use for any airdrop anymore and the old email that I used is continuously receiving spam messages until now, this is how bad it is to put your personal emails in the public like joining the Airdrops and bounties.

I did it as well and I think most of us do it because it was asked upon registration until such time we realize that we are giving them a way to use our personal info for another evil business. It was too late to think about it but it was done already and we can't get it back. Hopefully, this could give an example to the newcomer to keep themselves as anonymous as possible. Airdrops today are getting worse which is not worthy to trust and give what they ask from us. We can say a lot of people make money from joining this but for now, they are just only shitcoins and no marker value.

ije07

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most of the airdrops are scams. that's one of the main reasons I avoid this kind of airdrop because it's not worth the time and results we get. if you are still interested in the airdrop then that's fine because all decisions depend on you, but remember if they ask you to do KYC then it's better to ignore it. Your personal data is much more important than just to claim the airdrop coins.

yazher

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I used to join Airdrops back then and the info where you filled your information is publicized which is kinda bad for us and not too long before I realized I did a fatal mistake putting my personal email in the public. I ended up getting multiple spam emails which I really regret and by that time, I really don't know what to do or what was going on. the only remedy I used was to quickly migrate my accounts to another email which I don't use for any airdrop anymore and the old email that I used is continuously receiving spam messages until now, this is how bad it is to put your personal emails in the public like joining the Airdrops and bounties.

fuguebtc

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Quote from: RealMalatesta on January 21, 2023, 02:16:02 PM

Quote from: klidex on January 21, 2023, 05:56:26 AM

Quote from: crzy on January 20, 2023, 05:09:28 PM

Its no that easy nowadays as they required additional documents and to qualify for more rewards its better for you to invite more participants which makes this airdrop even harder. Anyway, there’s nothing to lose though and you can just use your fake identity as long as you provided your correct address information to receive the reward, some bounty hunters are still aiming for the airdrop hoping that they can get lucky on it.

But I think the airdrops project is really easy to work on and doesn't require capital first to be able to work on it and can get free prizes or tokens.
Even though there are indeed airdrop projects that are difficult to work on and require extra thought to be able to complete them, airdrop projects like this are usually difficult to find and on average in the future they will have a slightly valuable value compared to most existing airdrops.
In recent times, I have also never heard of an airdrop project that has successfully developed and provided big profits for its followers or the person working on the airdrop.

There hasn't been any in the past 1 year as far as I am aware. If I am wrong then I would like to be proven wrong, but ever since the bull period, there hasn't been any project that did airdrops that gave people 100+ dollars each, whatever has happened has been lower than that threshold and to be fair if you are working that hard for a project, you should be either get paid at least 100 dollars for it, or if not then you should not be working for them.

It's not an easy task at all, it's something that people work hard on just to get paid and bounties and airdrops do not give people anything good in return because they all suck, most new projects are just pure shit and terrible.

Yes, in the past year, there has been an airdrop project that launched a large number of rewards for the participants, that is Aptos. Each participant who becomes a tester for them will get a reward of 150 APT, and if you sell them for 10$ on average, you will get 1500k. If someone were luckier and sold at a higher price of $50, they would have made a higher profit. But projects like APT are sporadic in the market, and I have only seen 1 project in the past year.

peter0425

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Quote from: tech30338 on November 24, 2022, 10:10:31 PM

Almost everyone of us have made or search for airdrops and made money with just efforts and time
During my search here are some of the few of the past airdrops that i have participated:
Unisawap, Dydx, Muse, Aptos, others just forget but made a profit from them, some of this you need to make some transactions means you have to either deposit or make some trades using their platform, live or testnet.

good list there mate , but for me ? there is only one side here and that is favoring the team/company , because they truly care nothing for airdoppers , had joined several airdrop i think if i remember it right 6 of them and guess what, only one of them that lets me generate income and only hundred of dollars, that's why i totally forget about this and move to bounty and here in bitcoin paying campaigning .

Quote from: posi on January 22, 2023, 06:35:34 PM

Quote from: darewaller on January 21, 2023, 04:41:01 PM

.. Sadly that has changed. Airdrops now have gotten more complex.

I am not even sure if they can still be called as an airdrop but they more like a mini bounty campaign now. There's also no guarantees if we can get a token because it works like a lottery now despite of all the hard work that you have done. There are other things out there which are more worthy for our time than the airdrops.

I think it's a good thing, not a sad thing, like testnet they require more tasks and more difficult tasks. This will help us curb cheaters and everyone will get a fairer reward. And whether we receive the reward or not depends on each person's research ability and project choice. It's like we invest in new altcoins, which can be profitable or scams. When you invest, there is no guarantee that it will be profitable, so don't ask for free projects that will pay you 100%.

agreed , abusers keep in taking the project down so with hard task it will be more possible for legit kind of operation to earn droplets .

posi

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Quote from: darewaller on January 21, 2023, 04:41:01 PM

.. Sadly that has changed. Airdrops now have gotten more complex.

I am not even sure if they can still be called as an airdrop but they more like a mini bounty campaign now. There's also no guarantees if we can get a token because it works like a lottery now despite of all the hard work that you have done. There are other things out there which are more worthy for our time than the airdrops.

I think it's a good thing, not a sad thing, like testnet they require more tasks and more difficult tasks. This will help us curb cheaters and everyone will get a fairer reward. And whether we receive the reward or not depends on each person's research ability and project choice. It's like we invest in new altcoins, which can be profitable or scams. When you invest, there is no guarantee that it will be profitable, so don't ask for free projects that will pay you 100%.

BitcoinPanther

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Quote from: darewaller on January 21, 2023, 04:41:01 PM

Quote from: nakamura12 on January 21, 2023, 03:04:53 AM

Quote from: posi on January 20, 2023, 11:55:08 PM

Old forms of airdrops such as spam on telegram or social networks can be said to be outdated and no longer bring any worthy rewards to participants. We should stay away from it to avoid wasting time as well as being scammed.

Nowadays, people have chosen testnet or retroactive as an alternative, maybe not every project pays to join, but the rewards are also very commensurate with the effort we put in. Those who still want to earn free money can try the testnet or retroactive, the chance of getting the reward will be higher than the spam airdrop and bounty.

That is true that old forms of airdrops. As I have said, most of those airdrops is because of ICO once again ICO is a thing a few years back and it is what I just explained just now. Anyway, there are airdrops we can join right now which is a not legit airdrop unlike those old airdrops I mentioned but we can't deny that airdrop is not a lot. Honestly, for a country with a fiat currency like dollar won't be a the same as other countries where in dollar is a small amount but in other fiat currency then it is not that small amount of money. In short, don't waste time in airdrops.

I think that one is called shilling and it's part of a bounty not airdrop. The old form of airdrops are fairly simple. You only need to share one post or you are also required to follow their social media accounts and then like their airdrop post. That's it, you are now qualified to receive a token. Sadly that has changed. Airdrops now have gotten more complex.

Or just like the early airdrop, you just need to post your wallet address and the free token or coins will be in their way to your wallet.

Quote from: darewaller on January 21, 2023, 04:41:01 PM

I am not even sure if they can still be called as an airdrop but they more like a mini bounty campaign now. There's also no guarantees if we can get a token because it works like a lottery now despite of all the hard work that you have done. There are other things out there which are more worthy for our time than the airdrops.

Yeah most airdrop today looks like a mini bounty campaign since most I see needs a participant to perform several tasks before getting qualified for an airdrop which is very different from the airdrop perform in this forum way back 2014 - 2015, just post an address, no retweet, no share, no putting their project on social media platform username.

darewaller

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Quote from: nakamura12 on January 21, 2023, 03:04:53 AM

Quote from: posi on January 20, 2023, 11:55:08 PM

Old forms of airdrops such as spam on telegram or social networks can be said to be outdated and no longer bring any worthy rewards to participants. We should stay away from it to avoid wasting time as well as being scammed.

Nowadays, people have chosen testnet or retroactive as an alternative, maybe not every project pays to join, but the rewards are also very commensurate with the effort we put in. Those who still want to earn free money can try the testnet or retroactive, the chance of getting the reward will be higher than the spam airdrop and bounty.

That is true that old forms of airdrops. As I have said, most of those airdrops is because of ICO once again ICO is a thing a few years back and it is what I just explained just now. Anyway, there are airdrops we can join right now which is a not legit airdrop unlike those old airdrops I mentioned but we can't deny that airdrop is not a lot. Honestly, for a country with a fiat currency like dollar won't be a the same as other countries where in dollar is a small amount but in other fiat currency then it is not that small amount of money. In short, don't waste time in airdrops.

I think that one is called shilling and it's part of a bounty not airdrop. The old form of airdrops are fairly simple. You only need to share one post or you are also required to follow their social media accounts and then like their airdrop post. That's it, you are now qualified to receive a token. Sadly that has changed. Airdrops now have gotten more complex.

I am not even sure if they can still be called as an airdrop but they more like a mini bounty campaign now. There's also no guarantees if we can get a token because it works like a lottery now despite of all the hard work that you have done. There are other things out there which are more worthy for our time than the airdrops.

RealMalatesta

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Quote from: klidex on January 21, 2023, 05:56:26 AM

Quote from: crzy on January 20, 2023, 05:09:28 PM

Its no that easy nowadays as they required additional documents and to qualify for more rewards its better for you to invite more participants which makes this airdrop even harder. Anyway, there’s nothing to lose though and you can just use your fake identity as long as you provided your correct address information to receive the reward, some bounty hunters are still aiming for the airdrop hoping that they can get lucky on it.

But I think the airdrops project is really easy to work on and doesn't require capital first to be able to work on it and can get free prizes or tokens.
Even though there are indeed airdrop projects that are difficult to work on and require extra thought to be able to complete them, airdrop projects like this are usually difficult to find and on average in the future they will have a slightly valuable value compared to most existing airdrops.
In recent times, I have also never heard of an airdrop project that has successfully developed and provided big profits for its followers or the person working on the airdrop.

There hasn't been any in the past 1 year as far as I am aware. If I am wrong then I would like to be proven wrong, but ever since the bull period, there hasn't been any project that did airdrops that gave people 100+ dollars each, whatever has happened has been lower than that threshold and to be fair if you are working that hard for a project, you should be either get paid at least 100 dollars for it, or if not then you should not be working for them.

It's not an easy task at all, it's something that people work hard on just to get paid and bounties and airdrops do not give people anything good in return because they all suck, most new projects are just pure shit and terrible.

klidex

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Quote from: crzy on January 20, 2023, 05:09:28 PM

Quote from: klidex on January 20, 2023, 02:30:47 PM

Quote from: Hildentine on January 20, 2023, 01:33:45 PM

I think airdrops are a thing which are not confirmed if you participated in airdrops so not anyone say that definitely the will receive a Airdrop its a half half system and according to my experience is that sometimes airdrops are give a huge reward but some airdrop thousands airdrops are ongoing everyday but mostly are scam airdrops.

The airdrops project is a very easy project to work on and can give us free crypto from participating in the airdrops project.
But for now expecting more from airdrops will only be in vain and a waste of time because almost all airdrops are useless. Even though there are indeed some airdrops that have value and store gold hidden in them, to be able to find airdrops like this has a 1 in 1000 chance or very hard to find.

Its no that easy nowadays as they required additional documents and to qualify for more rewards its better for you to invite more participants which makes this airdrop even harder. Anyway, there’s nothing to lose though and you can just use your fake identity as long as you provided your correct address information to receive the reward, some bounty hunters are still aiming for the airdrop hoping that they can get lucky on it.

But I think the airdrops project is really easy to work on and doesn't require capital first to be able to work on it and can get free prizes or tokens.
Even though there are indeed airdrop projects that are difficult to work on and require extra thought to be able to complete them, airdrop projects like this are usually difficult to find and on average in the future they will have a slightly valuable value compared to most existing airdrops.
In recent times, I have also never heard of an airdrop project that has successfully developed and provided big profits for its followers or the person working on the airdrop.

nakamura12

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Quote from: posi on January 20, 2023, 11:55:08 PM

Old forms of airdrops such as spam on telegram or social networks can be said to be outdated and no longer bring any worthy rewards to participants. We should stay away from it to avoid wasting time as well as being scammed.

Nowadays, people have chosen testnet or retroactive as an alternative, maybe not every project pays to join, but the rewards are also very commensurate with the effort we put in. Those who still want to earn free money can try the testnet or retroactive, the chance of getting the reward will be higher than the spam airdrop and bounty.

That is true that old forms of airdrops. As I have said, most of those airdrops is because of ICO once again ICO is a thing a few years back and it is what I just explained just now. Anyway, there are airdrops we can join right now which is a not legit airdrop unlike those old airdrops I mentioned but we can't deny that airdrop is not a lot. Honestly, for a country with a fiat currency like dollar won't be a the same as other countries where in dollar is a small amount but in other fiat currency then it is not that small amount of money. In short, don't waste time in airdrops.

posi

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Quote from: nakamura12 on January 20, 2023, 05:29:05 PM

Quote from: crzy on January 20, 2023, 05:09:28 PM

Its no that easy nowadays as they required additional documents and to qualify for more rewards its better for you to invite more participants which makes this airdrop even harder. Anyway, there’s nothing to lose though and you can just use your fake identity as long as you provided your correct address information to receive the reward, some bounty hunters are still aiming for the airdrop hoping that they can get lucky on it.

Additional for this one, It is much better to never join an airdrop. This has been discussed many times and joining airdrop is no longer the same as before where we can earn free money just by completing some simple steps compared to this day. I am sure that you know airdrop is very trending before where many people joined airdrops to earn some money. Honestly, I joined airdrop before and I did earn some money until it is no longer trending. Airdrops will be started when a project (mostly ICO that time) wanted to do some airdrop for everyone.

Old forms of airdrops such as spam on telegram or social networks can be said to be outdated and no longer bring any worthy rewards to participants. We should stay away from it to avoid wasting time as well as being scammed.

Nowadays, people have chosen testnet or retroactive as an alternative, maybe not every project pays to join, but the rewards are also very commensurate with the effort we put in. Those who still want to earn free money can try the testnet or retroactive, the chance of getting the reward will be higher than the spam airdrop and bounty.

nakamura12

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Quote from: crzy on January 20, 2023, 05:09:28 PM

Its no that easy nowadays as they required additional documents and to qualify for more rewards its better for you to invite more participants which makes this airdrop even harder. Anyway, there’s nothing to lose though and you can just use your fake identity as long as you provided your correct address information to receive the reward, some bounty hunters are still aiming for the airdrop hoping that they can get lucky on it.

Additional for this one, It is much better to never join an airdrop. This has been discussed many times and joining airdrop is no longer the same as before where we can earn free money just by completing some simple steps compared to this day. I am sure that you know airdrop is very trending before where many people joined airdrops to earn some money. Honestly, I joined airdrop before and I did earn some money until it is no longer trending. Airdrops will be started when a project (mostly ICO that time) wanted to do some airdrop for everyone.

goaldigger

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Quote from: crzy on January 20, 2023, 05:09:28 PM

Its no that easy nowadays as they required additional documents and to qualify for more rewards its better for you to invite more participants which makes this airdrop even harder. Anyway, there’s nothing to lose though and you can just use your fake identity as long as you provided your correct address information to receive the reward, some bounty hunters are still aiming for the airdrop hoping that they can get lucky on it.

Airdrop is not just about giving your receiving address anymore, it requires more work like sharing it online and following their social media platform, you still exert effort on that which can’t still guaranteed any return. Many are still hoping for the golden years of airdrop to come back, I’m not that lucky to receive any profitable airdrop so I also hope that one day, I can experience this one too.

crzy

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Quote from: klidex on January 20, 2023, 02:30:47 PM

Quote from: Hildentine on January 20, 2023, 01:33:45 PM

I think airdrops are a thing which are not confirmed if you participated in airdrops so not anyone say that definitely the will receive a Airdrop its a half half system and according to my experience is that sometimes airdrops are give a huge reward but some airdrop thousands airdrops are ongoing everyday but mostly are scam airdrops.

The airdrops project is a very easy project to work on and can give us free crypto from participating in the airdrops project.
But for now expecting more from airdrops will only be in vain and a waste of time because almost all airdrops are useless. Even though there are indeed some airdrops that have value and store gold hidden in them, to be able to find airdrops like this has a 1 in 1000 chance or very hard to find.

Its no that easy nowadays as they required additional documents and to qualify for more rewards its better for you to invite more participants which makes this airdrop even harder. Anyway, there’s nothing to lose though and you can just use your fake identity as long as you provided your correct address information to receive the reward, some bounty hunters are still aiming for the airdrop hoping that they can get lucky on it.

cytpoway121

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Quote from: Hildentine on January 20, 2023, 01:33:45 PM

I think airdrops are a thing which are not confirmed if you participated in airdrops so not anyone say that definitely the will receive a Airdrop its a half half system and according to my experience is that sometimes airdrops are give a huge reward but some airdrop thousands airdrops are ongoing everyday but mostly are scam airdrops.

Projects now announce airdrop events in advance, you just need to pay attention to their social media handles; For example; Celestia is presently running an incentivized testnet event for their node; while we have projects such as Onomy, Starknet announce same incentivized testnet event as welll.

And yes, projects announcing airdrop does not mean they cannot be fake because they can; a good example is the nightly solana wallet scam that took place just yesterday.
Always dyor and make sure to create a testnet wallet for these events

klidex

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Quote from: Hildentine on January 20, 2023, 01:33:45 PM

I think airdrops are a thing which are not confirmed if you participated in airdrops so not anyone say that definitely the will receive a Airdrop its a half half system and according to my experience is that sometimes airdrops are give a huge reward but some airdrop thousands airdrops are ongoing everyday but mostly are scam airdrops.

The airdrops project is a very easy project to work on and can give us free crypto from participating in the airdrops project.
But for now expecting more from airdrops will only be in vain and a waste of time because almost all airdrops are useless. Even though there are indeed some airdrops that have value and store gold hidden in them, to be able to find airdrops like this has a 1 in 1000 chance or very hard to find.

Topic: The Good the bad and the ugly side of airdrops (Read 638 times)