Topic: thoughts about ICO's using "Airdrops" - page 2. (Read 654 times)
ICO and airdrop are two words that can never go together. The whole point of ICO is to raise funds for developmental purposes by offering the project's tokens in return, while the idea behind airdrops is just to distribute tokens to the public. Of course the circulating supply in airdrops gets diluted quickly with more number of rounds and as a result the token value drops as well. With ICOs, the price of the token depends on the progress and implementation of the project.
In my mind- I always think they uses airdrops to pull crowds attention, another free money/token introduced by ICOs as marketing strategy. I stand to be corrected
Good evening, what is everyone's opinion on coin "airdrops"? Do you feel this is a cheap trick to create demand in their business model, or is there a better reason for doing so?
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