Topic: The Good the bad and the ugly side of airdrops - page 5. (Read 651 times)

Informations are small thing. They won't ask for your pictures (mostly). Mist of the airdrops I've joined simply asked its participants to create an account on their platform and invite friends on their telegram channel (most of the time), also to share news about their project on instagram and such. There are also contests such as fanarts and more. The only thing which is bad on airdrops, are non-paying projects. Even if you didn't lose money, time is important also the effort of participating. But all in all, personally, I've made a decent amount from airdrops before. Nowadays, I think rewards are not as big as with previous years but as long as it is paying, I see no other reason to participate especially to those who are lacking money to invest.

All in all, joining airdrops is okay as long as the airdrops do not require you to fill in complete information about yourself, including sending your personal documents to the projects. That will be too risky to do as we do not know how good the project will be in the future and better to search for the other airdrops if they ask you to fill out the KYC. It is not worth risking yourself by sending them your documents or doing KYC for just a few dollars. Even if the project can explode in the short term, it is still not worth doing KYC.

Looks like you've been missing out on a lot of potential airdrops lately like the latest Uni, Para, DXdy or Aptos. I can say that the form of the airdrop has changed, forms like telegram tasks and spam tasks on social networking platforms like the old bounty campaign are gone, it is replaced by testnet or retroactive. About the reward, I don't know if it's big enough for you but for me getting 2k to 3k for an airdrop is huge for example aptos paid to hunters. These are just the notable projects and there are many more with rewards ranging from $50-100 per campaign.

I was confused about the difference between the bad side and the ugly side because generally, they are all on the negative side.

I was participating in airdrops before last 2016-2017 and I tell you that many participants got their precious rewards which is why it encourage people to join during that time. But after that time and until today when the bear season hits the market, airdrops are useless anymore, many of them are scammy and have no market value. So if we expect we can get any $$$ from joining them, I don't think so.

The downside for me is that sometimes we can miss airdrops that are of good value not because we don't do them, but because we do too many airdrops and don't have enough time to get updates, even though the value you get can be very different in just one day.

doing an airdrop is indeed a very easy and free task without having to spend money to have free tokens. but keep in mind that the airdrop is just a task to fill your free time. don't spend time just doing airdrop tasks. because the results of the airdrop are not necessarily able to meet daily needs and it is better to work in the real world (only a suggestion from me)

actually the purpose of an airdrop like that is to gather many people in one group room so that the group looks active and as an airdropper you have to wait a long time for the distribution of airdrop tokens that are uncertain or may not be paid at all

do not be surprised by such problems. because there are several airdrop scams that aim only to collect emails through Google forms instead of having to fill in for token payments even though there your email is collected and sent an email containing a dangerous zip or malware that causes hacking of your wallet if one day accidentally clicks on it

to research a good airdrop is very difficult. because starting from 2018 I think the airdrop from the telegram bot is just 99% a scam.
and I see that currently there are lots of shitcoin airdrops that distribute free tokens with a large total supply but have no clear purpose and in the end the distributed tokens have no value whatsoever.

if indeed you like to join the airdrop the best way for me is don't sacrifice email, KYC, money just to take part in the airdrop, it will be safer.

Thats normal. Every airdrops has bad side, but this one should be expected as the project might not be sincere or real. Some of them uses the hunters to spread thr goodwill of the project and create buzz bu if its not work up then they will simply abandon it. Thats how a new project usually do since they trying to make community and expand it to more and only will give a valuable drops once it become successful.

All of this requires you big effort and you have to actually use the platform to be eligible to get the airdrop. It's safe to say that this type of airdrops always went big especially if it was from pretty reputable exchanges like Uniswap. It was actually a hot pic on uniswap for people to got decent airdrop from that.

Sure it requires little to no effort. But majority of them are just worth nothing and even if it just takes like few minutes of your life, I would prefer to use my time to something else or participate on something uniswap-airdrop like later if there is any.

Feel like both of them are on bad side so there is nothing to compare about. Do it with your own risk.
If you just want pray with the luckiness of yours to get decent airdrop there without caring about the importance of identity then go for it, but I would recommend to not to do that.

This is already expected because it's really a part of the job. Participating in airdrops is like a game of chance. Before around 2018 I think, airdrops are just very easy to complete, and even how shit the airdrop is there is some value before, it was not really tiring at all if you can get a few bucks on it.
But now, it's already new, very low chance to get an airdrop now but if you are lucky, you can get 1-time big time airdrop.
That's why I am really amazed by those people who are airdrop hunters, they are dedicated to it.

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.

What are the good side of doing airdrops?
The good thing about airdrops is even without money , or what we call funds to buy tokens coins or bitcoin you can still have a chance for airdrops by doing small task and only consumes time and also small knowledge although some will post the process to do the task which makes it more easier, and then wait for further announcements from them.

What's the bad side?
Well its not necessary that bad after all since you don't need to put in money just to have airdrops, but if you just participate in an airdrop that's just there to gather mass information of the people joining the airdrop that is just free, you just wasted time and effort, and also you will be just wait for nothing, imagine you have join like for example 10-20 airdrops, fill-ups forms sleeping late is so tiring.

What's the ugly side?
I think this was not a good one after all, since you have fill up forms and use your email etc. for this one, you might get expose, and be in the batch of emails that can received malware links, scam links, that might accidentally click, and be a victims of ransom or any form of crypto or hackers getting your precious funds hard earn money or even your other priceless coins maybe eth bitcoin or any other altcoin.

So even though this airdrops are profitable for other people, there is still some downsides that we should always look into, so make sure  research about the projects, if they were really legit, so that there is not wasted time and efforts because we don't know what are really there purpose.

Hope this will help newbies like me to be careful and also enjoy doing this frees tuff without compromising other assets
best way is to ask also in this group because as i ready through other comments they are really helpful and explain everything to others, that's what i like about bitcointalk, information is overflowing, you just have to read and ask.