Topic: What's an Airdrop? - page 3. (Read 1192 times)

airdrop is where we can get coins for free. and the system we just have to fill the form available, and we just wait until the coins are distributed.

https://candy.aelf.io/account/register?invitationCode=0S0EfRe42ZbV

Here are some Airdrops for Coins, nice reward, over 1000$ if you just register !!!

It's a hit or miss since there's not that many people that would purchase an airdrop coin if they know that the coin was initially given out for free.

Airdrop means you get that coin with very low efforts and you got it free. Some airdrops require only your email and some require some data to distribute airdrop. The best airdrop nowadays is deeponion which giving airdrop to its active members every week and it create a decent income for their active members.

Some dev team want people try their token/ their coin on their platform so their give people their token/coin (this is what we called airdrop).

I can say, with the airdrop it is also part of product marketing, which people who are interested in promoting it will get a reward for his business. But we do not have to worry about ico doing this way, just imagine how companies as big as samsung, apple, etc, pay to television to show their ads.

So you're saying project that usually do airdrops are the ones that really has no project value and just want to earn a quick profit. SO it means stay away from projects that usually do airdrops coz its most likely be just pump and dump by devs

Airdrop is free coin/token falling from sky and everyone loves it.

I also would like to say, I have seen in a few airdrop dev asking for a private ethereum wallet, BE CAREFUL, don't give private key to anyone, they will steal all your coin.

An airdrop is an activity in which the dev will give you coins for free. All you need to do is to put your informations in their google form. And then that's it wait for the next announcement on their distribution.

Usually coin owners without too much advertsing budget creates coin give aways to create hype about their coin. It has a lot of advantage. It keep their coins circulating and promoting it at the same time.

Many airdrop projects are just free coins where the Dev is keeping the bulk of them to dump when it hit's the exchanges.  The coins they airdrop are very few.  Many of the addresses in the airdrop belongs to the Dev.  He is secretly dumping the coins and leaving the main wallet untouched so that there is no panic. 

Airdrop is a free coins distributed to the community for trial, or when that coin is soon to be dumped. They also use it to promote their coins.

Thanks, Thats very informative. But the common reason of doing an airdrop is to promote right? Or is it usually done when only few tokens were sold during ICO?  Is it done before, during or after an ICO?

Thanks for the informative post, but this made me curious, were there ever any successful airdrops? An airdrop that actually worked for both the developers and holders, any airdrop coin that went on to become a top altcoin?

An airdrop is supposed to be a community based distribution of crypto currencies,  usually meant to provide the early adopters, and community supporters with a Bitcoin alternative that is an honest and an open effort to build together with a community. Sometimes there is big innovation involved, more often then not, just clone coins.
   What airdrops are turning out to be as of today...
A nightmare, where tokens, and coins are instamined, where a huge chunk is reserved for the developers, meanwhile the community and it's closest supporters may get a chance to share in on the some of the action, usually unsuspectingly, and some knowingly, await for the final phase of what will turn out to be a scheme. The coin/token is pumped viciously,  causing artificial inflation, and then of course dumped for Bitcoin. Honest members of the community, a bunch of newbs, and a few greedy people are left holding the bag full of emptiness. All the promising features the roadmap covered, left unfulfilled, never to be mentioned again.
  The few on top of the pyramid will buy new lambos, rinse and repeat. This is the reason a major crackdown will come, because the greed. The more money involved, the more problems our crypto world faces. After Mt. Gox, many of us knew that it was only the beginning of the underhanded business that would take place within the community.
   Now, not all airdrops are dubious, with malevolent intentions, but just remember to practice your due diligence, and never give out your private key ever. Happy coin hunting to all!

This was asked many times and you will always see the word airdrop tied with free coins. Simply because an airdrop is a distribution model that in oposition to an ICO where investors pay X value per token, those tokens are given for free.

It has no more or less value than an ICO imo, because I have seen very successful airdrops with actually more development than many paid projects.

They are free tokens given to you after little or no task. Some are good, some are worthless.

Airdrop is free coins for you from project. Sometimes this free stake cost very expensive. I remember in ~2015 was airdrop Community coin and this stake cost 1BTC

Airdrops are free coin you get from a dev without knowing if its going to be a success or failure.