Topic: WHAT ARE THE AIRDROP CRITERIA WILL PAY US? - page 2. (Read 264 times)

I agree because many airdrops are requiring its participants to pay some fee for their in game apps to have more points.
And as with those points, they're the factor that will determine how much token you should receive.
But scammers will also use that kind of tactic for them to earn more from their users.

You are absolutely right that a legitimate airdrop requires participants to conduct testing of the platform and fairly distributed native tokens to the participants. There are many examples of such projects whose managment rewarded generous reward to their participants, and Optimism and Arbitrum are good examples in this regards. The upcoming genuine airdrops who are likely to launch their tokens in June-24 are Zksync, Linea and LayerZero and Layer3.

In summary, while airdrops are exciting way to earn tokens, however it is essential to conduct due diligence and have realistic expectations about rewards.

 

Those who do airdrops in the exchange have conditions or criteria that you have met, and it is legit that you will be qualified as one of their airdrop participants. And of course, when it comes to exchanges, there is also an attached amount of fund that is also needed there, because usually in exchanges, your fund should be at least $100  on their platform.

Now, outside of the CEX platforms, there are other protocols that require you to use their platform first before you are qualified, and apart from that, you should also check if those who have partnered with their platform are serious.

There are no guarantees, just experiences that lead us to have confidence in future iterations of new projects, such as project size, team, funding, aggressive marketing program... But in general, most airdrops in the crypto space just bring trash to the wallet, but I think it also depends on the approach of the airdrop hunters like projects like OP, ARB, STRK, ZK,... then you have to make sure that you are willing to spend the fee and it is not certain that you will be on the airdrop list. But anyway, these are simple tasks so there is no need to expect too much results, even when there are big airdrops in the space.

Its always the partnership as already been pointed out by many people, these partnership does indeed determine whether there gonna be airdrop or its just some marketing stunt.
last time I see, the ones that did airdrop through just interaction of protocols using certain wallet provider, is probably bouncebit, it just requires you to interact with their protocol with money as low as 0.001 BTC if i'm not mistaken and then you're already counted to be eligible receiver of the airdrop but with prerequisites that you are using certain wallet only and in this case it requires you to use web3 wallet provided by binance which of course requires you to do KYC in the first hand before you can use it as far as I know.
the result? there's an airdrop happening and those people that participate into the binance partnership program does indeed receive good airdrop even more than the people who have been interacting with the blockchain in testnet stage.

the partnership most of the time guarantees that whatever program you participate as long as its got some sponsorship or some kind, you will always receive reward.
it exist to incentivize people into using the platform as you said.

but to be fair, each platform has differing qualification to be eligible, it works as some kind of strategy to let people interact and find out the eligibility criteria at the time of TGE.
otherwise people will probably just do whatever is necessary to be eligible.

so basically here, the key is, partnership with big venture capital, promised allocation for the community and airdrop at the time of TGE and you just do whatever it takes to be among the one that eligible, sometime its hinted through the projects various programs.

It's hard to find sure ways that an airdrop will be valuable. No one can even be sure whether a project will be valuable in due time. The best we can do is participate on airdrops that have higher potential of legitimacy and growth.

Even the best-looking project won't have guarantee that it will be successful

1, It must be backed by popular VCs
2. Raised money from the investors
3. Trusted and reputable developers
4. The project is also fully audited
5. It was running incentivized campaign to the users


Gave you an example for the eligibility criteria for the taiko airdrop.

Look at that, taike backed by big companies and VCs, the project has raised good amounts of money, reputable and fully audited projects. They pay 5% token of total supply for the airdrop participants.

Joining a project that has allocated a few percents to be airdropped is a must.

A genuine airdrop requires an airdrop participants to test thier platforms and then get paid with thier native token. It is not that easy to find a good and authentic project that will give you tokens for free. If they do give you tokens there is still that risk that the token might not do well after it has listed. That is why be prepared for the worst always while dealing with airdrops.

Sometimes you can't even predict if they can truly pay or not. That's how good this scam airdrop developer and promoter has turned out to be.
 
But one place I usually look at is how greedy the project appears to be in terms of sharing their tokens with their airdrop promoters. To those who make fake promises and still give out a bunch of their tokens, promising to turn every participant and early investor into wealthy holders automatically turns into a red flag for me.

I think having a lot of partnerships with exchanges that are going to list their token is already a sign that it will be a fruitful launching. But even with that, that won't determine the long term life of that project. And if you are for the airdrops then you have to consider that for sure because that's a true sign that liquidity and volume are going onto that project by having a lot of support from different exchanges and it will be amazing if they're bigger and the most popular ones.

Maybe what I know is that airdrop has two sides: advantage side A great strategy to build “buzz” about a new coin venture. People love to receive free money. It has the ability to attract a wide user base. Marketing costs will be very minimal. Others will be notified quickly about new coin projects. The airdrop announcement spread like wildfire. Contra side Investors may sell the token immediately after its release, causing its value to decrease. The impact will be small if fewer tokens are issued. The value of a coin may be diluted by issuing multiple tokens. KYC and AML checks need to be carried out, which can be a tedious process.

Nowadays, airdrops are often used in crypto exchanges. In addition to the standard trading strategy of investing one's finances, airdrops, which involve giving away free coins or tokens to users of public crypto wallets to advertise a new digital currency, can generate huge profits. Blockchain-based companies utilize the use of these crypto wallets as a marketing strategy to encourage users to use their platforms. So what are the signs that an airdrop will pay off?