Author

Topic: What are AirDrops exactly? (Read 413 times)

member
Activity: 456
Merit: 15
July 22, 2018, 02:52:52 AM
#65
Airdrops look more like "free lunches" in bounty hunters and many participants, and merchants do so for one purpose: to promote products!
newbie
Activity: 175
Merit: 0
July 21, 2018, 06:38:10 PM
#64
Airdrops are free tokens given to the people who registered or joined in the telegram or other social media account of a certain project.This is the easiest way to earn tokens but only a small amount were given.
newbie
Activity: 183
Merit: 0
July 21, 2018, 12:47:40 PM
#63
Exactly this is marketing campaign of project. There is no project can be success without marketing.
jr. member
Activity: 448
Merit: 1
July 21, 2018, 09:46:39 AM
#62
A cryptocurrency airdrops is when a blockchain project distributes free tokens are coins to the crypto community to bring attention to their project. The world about the airdrop and that particular token spreads among the community, raising the awareness, which in turn increase the trading volume of a particular coin when it gets listed on an exchange. These airdrops required you to prove you were the owner of the bitcoin or ethereum at a certain time or snapshot of the blockchain.
newbie
Activity: 33
Merit: 0
July 20, 2018, 10:58:17 PM
#61
During the development of your company, your coin/token is worthless if no one know about it.  One of the marketing strategy is to give away token to attract people.  I participated an airdrops recently at luvdubcoin where all I have to do are a few simple tasks.
newbie
Activity: 69
Merit: 0
July 20, 2018, 07:29:24 PM
#60
I see a lot of ICO's doing AirDrops, or they say AirDrops are finished etc. Can someone give me an exact description and an example of what an AirDrop is exactly? What is the purpose of it during an ICO? Thanks!

This is a type of rewards where you can obtain their token by doing simple tasks. In that case if you do the task you will be rewarded by a small amount of their token. But ask of now the more ICO's are happen the more airdrops are going to be scam.
newbie
Activity: 29
Merit: 0
July 20, 2018, 09:42:58 AM
#59
Airdrops are free but it cant guarantee a profit since for me my calculation is 95% of airdrops are not successful in the future.
jr. member
Activity: 118
Merit: 5
July 20, 2018, 07:14:08 AM
#58
I think the main purpose of airdrop is trying to distribute a project’s coins fairly to the public and make the name of the projects reach as many people as possible.in some projects, in order to be qualified for airdrop, participants need to wear signature and make certain posts on this forum.
newbie
Activity: 29
Merit: 0
July 20, 2018, 06:34:27 AM
#57
Airdrops are one of the ways that you earn tokens without necessarily buying them.Some projects give a sucstantial part of their tokens as airdrops while some allocate infinitesimal amount
newbie
Activity: 133
Merit: 0
July 20, 2018, 04:17:33 AM
#56
The purpose of airdrops is to promote business, and most of the airdrop targets are aimed at people who understand cryptocurrencies!
member
Activity: 61
Merit: 12
July 19, 2018, 03:49:06 AM
#55
I see a lot of ICO's doing AirDrops, or they say AirDrops are finished etc. Can someone give me an exact description and an example of what an AirDrop is exactly? What is the purpose of it during an ICO? Thanks!

Airdrops are actually free coins which one can get.
newbie
Activity: 42
Merit: 0
July 19, 2018, 12:21:59 AM
#54
Airdrops are like freebies. Given to prospective clients, your marketers, people who can spread the word for you.

I see a lot of ICO's doing AirDrops, or they say AirDrops are finished etc. Can someone give me an exact description and an example of what an AirDrop is exactly? What is the purpose of it during an ICO? Thanks!
newbie
Activity: 18
Merit: 0
July 18, 2018, 11:01:37 PM
#53
With AirDrops you can earn tokens by complete some tasks like follow them on Twitter/Facebook and make retweet or live a feedback  etc..
newbie
Activity: 28
Merit: 0
July 18, 2018, 10:27:19 PM
#52
There are many scam airdrops nowadays much better to stay out of it
member
Activity: 140
Merit: 10
July 18, 2018, 02:49:16 PM
#51
My advice to you is not to participate in airdrops. I participated for a couple of months and never received any tokens, just wasted my time..
jr. member
Activity: 194
Merit: 2
July 05, 2018, 03:16:31 PM
#50
it means you get free tokens as long as you comply to some of their requirements.
For example, I own TIO token, so when collaborate with other ICOs, they will give free token of the ICO that they collaborate with. All i need to do is to join their telegram group and free tokens will be pouring in my wallet.
newbie
Activity: 63
Merit: 0
July 05, 2018, 11:54:05 AM
#49
It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC


[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e
If one is required to make a given payment for it, do you still qualify it as airdrop?
jr. member
Activity: 98
Merit: 1
July 05, 2018, 10:40:46 AM
#48
Lots of cash from distribution distribution of encryption to community communities to improve the look of the project, resources to provide information and trade size. The following allocated is usually called air drops. And prepared for the trade participants
member
Activity: 117
Merit: 10
July 05, 2018, 10:34:20 AM
#47
Airdrops is a way to get free cryptocurrencies. Where is the catch ? The good thing is — there is really no catch.The company that distributes the coins also has some of it. Nevertheless, there are a few things to consider in order to get to Airdrops Coins.
newbie
Activity: 308
Merit: 0
July 05, 2018, 02:57:27 AM
#46
During the AirDrop, the developers of the project, give free coins for all comers, and in return they are asked to register on their resource.
jr. member
Activity: 252
Merit: 2
July 05, 2018, 01:35:03 AM
#45
Like the name implies, they are token or coins in smaller fractions,unlike bounties that means larger in quantities, and you can get them through free lance job,or by sign ups ..
newbie
Activity: 116
Merit: 0
July 04, 2018, 09:51:10 PM
#44
Airdrop​ ​is​ ​when​ ​a​ ​blockchain project distribute​s ​free​ ​tokens or​ ​coins ​to​ ​the​ crypto ​community. With doing an airdrop the project creates awareness about their ICO or token. It brings people to the project that otherwise would not have owned or heard about it
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
July 04, 2018, 06:55:46 PM
#43
Airdrops are pre promotion in crypto because before to enter in project they allocate some token in airdrops participation. But it is just a promotion of new platform and it will reach entire world, surely this will success in future. So everything is preplan reward of tokens and many peoples are sign up this Airdrops so they know how it will reach in crypto market.
full member
Activity: 308
Merit: 101
July 04, 2018, 06:00:02 PM
#42
I see a lot of ICO's doing AirDrops, or they say AirDrops are finished etc. Can someone give me an exact description and an example of what an AirDrop is exactly? What is the purpose of it during an ICO? Thanks!
An airdrop is a free coins/ token given by an ICO to their holders. It is some kind of a token rewards or incentives to their loyal customers. Giving airdrops is their marketing strategy to attract more investors and to increase many people to continue patronizing their platform.
jr. member
Activity: 252
Merit: 2
July 04, 2018, 04:45:52 PM
#41
Like the name implies, they are token or coins in smaller fractions,unlike bounties that means larger in quantities, and you can get them through free lance job,or by sign ups ..
newbie
Activity: 40
Merit: 0
July 04, 2018, 01:28:43 PM
#40

Airdrop is like a free coin or tokens to everyone or every loyal coin/token holders or even non holders.. It depends to any ICO's on what are their rules to participate...
Try to look at trade.io, https://trade.io/  Smiley

member
Activity: 264
Merit: 11
July 04, 2018, 12:00:15 PM
#39
airdrop is a free coin that is distributed free of charge without having to make any effort in order to promote an ICO. but the coin you get is a coin that has no coin price, in contrast to bounty that is more promising.
full member
Activity: 560
Merit: 100
BBOD Zero-Fee Exchange
July 04, 2018, 11:12:52 AM
#38
I think it is for promotion of the ico through the airdrop media so with the airdrop hope people will be interested to read about the project and may be interested to join in the ico it
full member
Activity: 434
Merit: 100
July 04, 2018, 10:36:18 AM
#37
when bitcoin was just starting its way in 2009-2012, it developed, there was a popularity of such a thing as faucet. They are still there, but not the best. There's just clicking on the button, gave 50 bitcoin. the meaning of this was that people began to use and create a community around cryptocurrency. And what start to use, gives excellent advertising. There is the same situation, the distribution costs peanuts, but gives a good result. Not using this method of promotion, they lose advertising, and using-do not lose anything. Did I understand correctly? it's not about those airdrop that give coins for signing up, it's about those that give AAA coins if you have a BBB coin
newbie
Activity: 51
Merit: 0
May 31, 2018, 01:29:30 AM
#36
I see a lot of ICO's doing AirDrops, or they say AirDrops are finished etc. Can someone give me an exact description and an example of what an AirDrop is exactly? What is the purpose of it during an ICO? Thanks!
They give community some of their coins. People talk about them in topics. The more people knowing, the more they are popular. So they could sell their coin in Trading Exchanges.
legendary
Activity: 3080
Merit: 1353
May 30, 2018, 11:31:43 PM
#35
I understand that you are not wondering about the airdrop feature on the ios operating system provided by the apple maker.  Wink
- Airdrop is a familiar concept with the crypto community. in a way similar to free delivery, giveway or gift card. But in crypto it is the tokens developed by the project. Airdrop is often used in advertising campaigns, introducing new ICO / tokens to attract more users to build communities, partnering with partners, exploring the market, demanding to encourage users to beta. .

As I'm a Mac user, so yes I'm more familiar with the term "airdrop" on IOS. As far as cryptoverse is concern, you get free token from a project you just have to provide them with your ERC-20 wallet and expect the drop after their announcement. I don't know though how airdrop tokens are profitable, there are members who claimed that they made significant amounts back then, but beginning of 2018 there are a lot of scam airdrops and usually the tokens doesn't have value And I even read that they are enforcing KYC now. LOL.
newbie
Activity: 140
Merit: 0
May 30, 2018, 11:00:06 PM
#34
It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC


[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e

I heard it was "FREE" tokens that are given out?
Yeah, that's exactly what airdrop is "free" tokens! the site here(https://airdropalert.com) keeps track of available airdrops.
Many the cash of the distribution distribution encryption for the community of the community to increase the display of the project, the resource to provide the information and the trade size. The following allocated this usually called a air drops
newbie
Activity: 228
Merit: 0
May 30, 2018, 10:55:16 PM
#33
I understand that you are not wondering about the airdrop feature on the ios operating system provided by the apple maker.  Wink
- Airdrop is a familiar concept with the crypto community. in a way similar to free delivery, giveway or gift card. But in crypto it is the tokens developed by the project. Airdrop is often used in advertising campaigns, introducing new ICO / tokens to attract more users to build communities, partnering with partners, exploring the market, demanding to encourage users to beta. .
newbie
Activity: 75
Merit: 0
May 30, 2018, 10:25:40 PM
#32
i beleive you ever noticed an unexpected increase in your cryptocurrency wallet and didn’t know where the free coins came from. That, my friend, is most likely the result of an airdrop.In marketing, awareness is often one of the initial steps in a buyer’s journey. As with the grocery store for example, psychology plays a crucial role in the aspects of an airdrop, as a buyer is much more likely to purchase a product they are familiar with than a product they know nothing about. Therefore, those in charge of distributing the tokens see an airdrop as a key opportunity to give you a taste of their tokens. Compared to alternate forms of costly advertising (such as Facebook and Youtube Ads), airdrops are often a more effective approach to showcasing coins.
newbie
Activity: 25
Merit: 0
May 30, 2018, 09:55:02 PM
#31
Here is a quick read about Airdorps; http://airdrop-review.com/what-is-a-airdrop/

This website also has a good listing and ranking system to active airdrops.

hero member
Activity: 728
Merit: 502
April 22, 2018, 02:45:07 PM
#30
Those are giveaway of the tokens that ICO gives in exchange of your basic information in the form of KYC at lower degree. Whenever the ICO's coin become successful, the tokens will be distributed after the ICO in the wallet you have given. It is quite worth your time if you know what you're really doing and you fully understood the project you joined at while also doing a background check on the team of the project.

You don't really have to exert too much effort with airdrops since as most of the people said, these are free tokens for promotional purposes for upcoming coins. Some successful alts have had airdrops in the past and people do get free money.
I would also suggest the same. Airdrops don’t hold much value in the present era of digital market because it is already full of hundreds of coins and it is difficult for new airdrops to get a lot of customers. Most of the investors go for bitcoin and some potential altcoins because the aim of investment is to gain profit, not to collect a large number of some weak coin at cheap rates.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
April 22, 2018, 09:26:48 AM
#29
Those are giveaway of the tokens that ICO gives in exchange of your basic information in the form of KYC at lower degree. Whenever the ICO's coin become successful, the tokens will be distributed after the ICO in the wallet you have given. It is quite worth your time if you know what you're really doing and you fully understood the project you joined at while also doing a background check on the team of the project.

You don't really have to exert too much effort with airdrops since as most of the people said, these are free tokens for promotional purposes for upcoming coins. Some successful alts have had airdrops in the past and people do get free money.
jr. member
Activity: 672
Merit: 1
April 22, 2018, 03:59:42 AM
#28
First of all airdrop is a good way for ICO to promote its social media resources and as result shows to investors that their product is interesting for many people.
For example, if someone wants to invest in one of the two ICOs named "X" and "Y" and he joins to their twitter where 100 followers (for X) and 5000 (for Y), from my point of view he will chose, all else being equal, ICO named "Y".
That why, bounty hunters are able to receive "free" coin.
jr. member
Activity: 196
Merit: 3
April 22, 2018, 03:50:46 AM
#27
As far as my understanding is correct airdrop is a way to advertise a company by the help of the community involve in their platform, Instead for them to pay advertising company they will just ask the community to advertise them and in exchange there is a corresponding stake depending on the tier which the bounty hunter was fit in.
member
Activity: 252
Merit: 10
April 22, 2018, 03:37:24 AM
#26
They mostly want to promote their social networks, some projects want to test their decentralized platforms, so they give out their coins to as many people as possible.
full member
Activity: 364
Merit: 101
April 22, 2018, 03:34:01 AM
#25
For me, airdrops are a gimmick to attract more people and make more hype around the project. It's the most common and cheapest way, that is why many lousy projects do airdrops... People take part in them and then collect the number of useless coins in their wallets. I take part in the airdrops of only very promising projects.
member
Activity: 445
Merit: 71
April 11, 2018, 03:53:42 AM
#24
Attracting a disinterested audience, lowering product value, a risk of falling victim to scammers and a desperate measure for ICOs hit by the crypto witch-hunt on social media.
https://shitcoinoffering.com/airdrops-giveaways-tokens-and-free-bitcoins-whats-under-the-hood-part-1/
member
Activity: 309
Merit: 11
March 25, 2018, 04:16:20 PM
#23
there are some airdrop that generate many advantages and there is airdrop that is not sold in the market, so I think it depends on the development of the project. airdrop is a free coin division without the need for hard work just follow a few rules and wait until token successfully distributed to participants.
jr. member
Activity: 168
Merit: 1
March 25, 2018, 03:03:23 PM
#22
Airdrops are free giveaways of a certain coin or token, they are common in ICOs as you mentioned, they mostly done to promote and market the ICO by luring in many people to sign up for the airdrop, unlike bounties which require to do tasks so as to get paid, airdrops require simple or no task, most airdrops only need you to fill the form and submit
full member
Activity: 266
Merit: 106
Floki Robot
March 25, 2018, 11:56:37 AM
#21
airdrops are company sponsored tokens for promotion of their ico
They can be that, or they can be useless tokens used be scammers. Or they can be good coins like Byteball, Bitcore, and DeepOnion that offer airdrops. That is how they can be adminstered, although every group has a different requirement. Airdrop in the purest form is filling out information and getting coins or tokens. This is the least profitable though and that is why scammers use that method on tokens. It is easy and cheap and people will get involved if they get free tokens. Better airdrops in my opinion are in the form of coins, and they give you a % based on how much you are hodling.
full member
Activity: 378
Merit: 101
March 25, 2018, 11:18:46 AM
#20
How to have an airdrops and where does the airdrops go?

How to have airdrop or be a beneficiary is to sign up with the ico.

Where it goes is to the wallet you provided when signing up with ico company. The airdrop tokens are usually distributed at the end of the ico.
That's the common one but some airdrop are ridiculously requiring their own participants to fill the KYC requirements which is insane to do with just a free 1 - 5 dollars worth of tokens, I'm just a newbie with bounties that time and a member of a telegram ICO group and most of the members are asking if the projects require KYC to claim tokens, ask some member then they said that some ICO's even the airdrops require their participants for KYC, giving a sophisticated information for a few bucks no thanks.
newbie
Activity: 27
Merit: 0
March 25, 2018, 07:54:26 AM
#19
airdrops are company sponsored tokens for promotion of their ico
member
Activity: 406
Merit: 12
March 25, 2018, 06:09:43 AM
#18
It is intended to drive interest to the project. People waking up to a new coin will make them look into it.
hero member
Activity: 1036
Merit: 520
March 25, 2018, 05:56:57 AM
#17
Simply airdrops are free coins!
they just ask you to do some simple jobs like joining twitter and they give you very small amount of their tokens instead .
sr. member
Activity: 2366
Merit: 332
March 25, 2018, 05:47:17 AM
#16
How to have an airdrops and where does the airdrops go?

How to have airdrop or be a beneficiary is to sign up with the ico.

Where it goes is to the wallet you provided when signing up with ico company. The airdrop tokens are usually distributed at the end of the ico.
full member
Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
March 25, 2018, 05:22:27 AM
#15
Airdrops are one of the campaigns which a Bounties offer during their ICO period. Exactly, airdrop defines as a giving away of free tokens to the public or users which sign up on the forms which they are issued during their airdrop campaign. Sometimes, airdrop campaigns has so many rounds or phase but it depends on the Bounty how many rounds they will have an airdrop. You can get your free tokens from airdrop if you completed the requirements of Bounty's to be eligible for the rewards.
newbie
Activity: 9
Merit: 0
February 09, 2018, 04:33:25 AM
#14
How to have an airdrops and where does the airdrops go?
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
February 09, 2018, 04:06:10 AM
#13
Airdrop in one sentence means giving something for free for doing some task.
As we can see nowadays almost all new ICO using airdrop as strategy to promote their coin to almost all social media platform like Facebook , twitter and most importantly telegram.

If we need to do a task then it is not an airdrop but rather a bounty payment for the task they had given us.  Most of us knows what's free means, it is just enlisting the account and get free token from the owner of the project.  Anyway, it is a marketing strategy to spread news about the project.  Most bounty were disguised as Airdrop but the fact is that they are actually a task and will be paid with the tokem.  I also believe that airdrop is synonym to giveaway.
legendary
Activity: 1400
Merit: 1009
February 09, 2018, 03:16:45 AM
#12
It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC.  


[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e

I heard it was "FREE" tokens that are given out?
Yeah, that's exactly what airdrop is "free" tokens! the site here(https://airdropalert.com) keeps track of available airdrops.

Why would someone issue free tokens? What would be the core use in this? Can you give me an example in a normal ICO or presale or whatever that one could involve using airdrops, and would it make the sale more attractive?
I think ICO airdrops are done to build community. it's not really an airdrop if people are asked to follow/join social network channels. since you're doing something (following twitter etc..) to get the "free" tokens. a real airdrop is where you don't really have to do much, just provide/connect your ETH/BTC address to get free tokens. take byteball as an example, you just have to sign a message or send a small amount of BTC to get airdrops.
member
Activity: 560
Merit: 10
February 09, 2018, 03:00:13 AM
#11
I see a lot of ICO's doing AirDrops, or they say AirDrops are finished etc. Can someone give me an exact description and an example of what an AirDrop is exactly? What is the purpose of it during an ICO? Thanks!

Just fill the form and sign up for that and follow all the rules or i mean you answer what it says after they give you a free token that you can buy it in different types of crypto currency that can be money.
newbie
Activity: 3
Merit: 0
February 09, 2018, 02:40:50 AM
#10
Airdrop in one sentence means giving something for free for doing some task.
As we can see nowadays almost all new ICO using airdrop as strategy to promote their coin to almost all social media platform like Facebook , twitter and most importantly telegram.
sr. member
Activity: 910
Merit: 257
February 09, 2018, 02:27:51 AM
#9
It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC


[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e
Most airdrops now are ERC20 tokens thus ETH address are often being asked.
Most of them require you to follow their social media pages, tweet or retweet something and that's it.
There are very rare good airdrops, most of them are dusts (as what everyone is saying). I have joined a 200$ airdrop in the past. Quite fine for me.
full member
Activity: 378
Merit: 103
February 09, 2018, 02:13:15 AM
#8
Airdrop is just a small amount from the total supply of a project.They are giving me this free in return you will follow their twitter and join the telegram.In this case you help them to build a community that will support their project during crowdsale.Having a big community can attract investors to participate during crowdsale.So in short Airdrop is just a way of marketing strategy.
legendary
Activity: 3122
Merit: 1140
February 09, 2018, 01:56:58 AM
#7
It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC


[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e

I heard it was "FREE" tokens that are given out?
Yeah, that's exactly what airdrop is "free" tokens! the site here(https://airdropalert.com) keeps track of available airdrops.

Why would someone issue free tokens? What would be the core use in this? Can you give me an example in a normal ICO or presale or whatever that one could involve using airdrops, and would it make the sale more attractive?
They would really do such thing for them to have an airdrop. This is one of the ways of distribution of their tokens but dont worry airdropped tokens arent really took big percentage on overall supply which means the main sale is still on concern. Airdropped tokens is only a dust and shouldnt really be worried off if you are an investor on a particular ico.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
February 09, 2018, 01:51:50 AM
#6
It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC.  


[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e

I heard it was "FREE" tokens that are given out?
Yeah, that's exactly what airdrop is "free" tokens! the site here(https://airdropalert.com) keeps track of available airdrops.

Why would someone issue free tokens? What would be the core use in this? Can you give me an example in a normal ICO or presale or whatever that one could involve using airdrops, and would it make the sale more attractive?
It is all over the ICO now, new ICO somehow gives token for free, for the coin will only have a value if the network of holders will grow. The more the community have it the more the possibility for it's development , everyone like free, so many will really acquire it as much as possible, but beware still of putting details some may not be legit and some didn't really paid so still study the coins idea.
copper member
Activity: 42
Merit: 0
February 09, 2018, 01:38:25 AM
#5
It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC


[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e

I heard it was "FREE" tokens that are given out?
Yeah, that's exactly what airdrop is "free" tokens! the site here(https://airdropalert.com) keeps track of available airdrops.

Why would someone issue free tokens? What would be the core use in this? Can you give me an example in a normal ICO or presale or whatever that one could involve using airdrops, and would it make the sale more attractive?
legendary
Activity: 1400
Merit: 1009
February 09, 2018, 01:33:03 AM
#4
It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC


[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e

I heard it was "FREE" tokens that are given out?
Yeah, that's exactly what airdrop is "free" tokens! the site here(https://airdropalert.com) keeps track of available airdrops.
copper member
Activity: 42
Merit: 0
February 09, 2018, 01:26:19 AM
#3
It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC


[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e

I heard it was "FREE" tokens that are given out?
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
February 09, 2018, 01:13:49 AM
#2
It literally means what it is. They "airdrop" their coins/tokens to people who sort of sign up. Most of the time you just need to prove ownership of a bitcoin wallet and they give you a percentage depending on how much BTC you hold on that specific wallet. To prove ownership, you send them a specific amount of BTC or you can sign a message using your wallet[1] instead if you don't want to spend your BTC


[1] https://medium.com/@TenX/mycelium-how-to-sign-a-message-with-a-bitcoin-address-87afdd0a5a0e
copper member
Activity: 42
Merit: 0
February 09, 2018, 12:56:14 AM
#1
I see a lot of ICO's doing AirDrops, or they say AirDrops are finished etc. Can someone give me an exact description and an example of what an AirDrop is exactly? What is the purpose of it during an ICO? Thanks!
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