Topic: Why airdrop? (Read 216 times)
I totally agree with those saying airdrops are used for promoting projects. they are used to capture the attention of investors. Most people buy some amount of coins or tokens to add up to what they received from the airdrop.
Beacuse airdrop is one of the way promoting a coin and free to give away to who participate.
Airdrops are easily earn the shit tokens. Because many scam projects are available in the market so many peoples are afraid to register in Airdrops it is just a waste of time. But some potential airdrops also available it is hard to predict so better avoid these kind of airdrops. 
To growth the community of the Token, Giving free token to many people will boost it's popularity at the same time it will also increase trade volume if the holders decided to trade coins. Also airdrop is one of marketing strategy to advertise your own token this is why airdrop is happening.
Airdrop is the easiest way to get token. You just register, share with your friend and wait. Everyone likes it. They needn't do anything. So the projects will receive a lot of attention. It's marketing way without costing much money. But Airdrop projects rarely be successful. (or I'm wrong???). There are so many airdrop and it's difficult to choose one, you have to choose many of them and pray to it for success 
Probably to increase the number of this coin's users, for stats. Everybody wins.
In short; a fair and instant distribution.
Devs have an instant community as well if they play the right cards.
Devs have an instant community as well if they play the right cards.
Yeah airdrops are really simple at the end of the day. Win-win situation most of the time.
In short; a fair and instant distribution.
Devs have an instant community as well if they play the right cards.
Devs have an instant community as well if they play the right cards.
Because a new cryptocurrency can be overlooked, that is why you need an airdrop for it to create noise and become noticed by giving away free tokens. Airdrop is like giving free food samples in a grocery store. Once you tasted it and find it satisfying, you will be convinced to buy. Same goes with cryptos. Airdrop is a great way to spreading awareness and getting people to be interested in their new token.
Recently I have begin to question the reason why projects do airdrops at all, most airdropped tokens are less than 15-20 USD in value, I mean like why would I want to have a portfolio of 100 tokens worth $15.
The pieces in play are too much, when I would rather easily sell them and hold 3 really great projects long term.
Teams think spreading their tokens around helps them increase trading volumes & subsequently prices but I believe when they spread very few of this tokens its counter productive.
An example of a good airdrop is POLY they gave out 250 tokens each all worth btw 0.7 - 1.4 USD per token on both the lows and highs. I know some people who are happy to hold this token as they believe the project will be successful.
My conclusion is this: teams need to really dig deep into their strategy when doing airdrops, because when done wrongly, it can have a bad effect on the token value.
Which is bad for investors
The pieces in play are too much, when I would rather easily sell them and hold 3 really great projects long term.
Teams think spreading their tokens around helps them increase trading volumes & subsequently prices but I believe when they spread very few of this tokens its counter productive.
An example of a good airdrop is POLY they gave out 250 tokens each all worth btw 0.7 - 1.4 USD per token on both the lows and highs. I know some people who are happy to hold this token as they believe the project will be successful.
My conclusion is this: teams need to really dig deep into their strategy when doing airdrops, because when done wrongly, it can have a bad effect on the token value.
Which is bad for investors
Why new projects do airdrops? In my personal opinion that's the easiest and fastest way for an ICO to get more supporters. Its a simplest form of marketing as participants get a share of the token just by doing a little effort required by a company. I think of airdrop as the cheapest way to market a certain project as you don't need to pay for an actual money first but the token of the project.
Thank you.
Think I have Good arguments now.
Think I have Good arguments now.
Reasons to have airdrop for a new coin?
Of course, already has an opinion. But would like to hear yours.
Gathering arguments for project that might want it
To build a strong community that will help your project to promote it, it is easily to get their attention of the investor specially when you have airdrop but it depends on the project if they want to join or not, airdrop is one of the best marketing strategies to grow your community. Of course, already has an opinion. But would like to hear yours.
Gathering arguments for project that might want it
AirDrop is actually done for coins deployment, so all cryptocurrency users can know which coins are being released in a market. So investors who intend to buy the coins easily find it.
Thank you for all the comments
I have seen some good comments here as well:
Does signature campaign really help to promote an ICO?
https://bitcointalksearch.org/topic/m.31705248
I have seen some good comments here as well:
Does signature campaign really help to promote an ICO?
https://bitcointalksearch.org/topic/m.31705248
It depends from a project. If a project is confident they'll be sold at once let's say in 1 week, days, or even just hours, they don't need to do any airdrop or bounty campaigns. They may have focused their budget through Facebook ads so they more likely reached enough possible investors to not anymore mind of allocating to airdrops or bounties but I give credits to projects who were active in Facebook and Google (or Youtube) ads but still give back by means of airdrops or bounties.
Reasons to have airdrop for a new coin?
Of course, already has an opinion. But would like to hear yours.
Gathering arguments for project that might want it
I think it is more necessary for PR of the project and it is favorable, the project does not spend the money, and pays people tokens for certain actions. Of course, already has an opinion. But would like to hear yours.
Gathering arguments for project that might want it
In my opinion is to encourage investors and to generate a slight manipulation of the market, buying and selling what you have acquired, thus generating a volatility and a possible growth of the currency.
I think that airdrop is a waste of time because when we register airdrop the results we can not make withdrawal that's weird?
Withdrawal of airdrop coin is not instant. It is usually after the end of ico and tokens have been distributed. Although some ico are not genuine, even after giving the token , they would still lock you out from withdrawing for certain time.
the purpose of the airdrop itself is fair ditribution,
if you were here when Bitcoin did the same thing like what other project did a few days/weeks/months ago,you will understand what is their attention.
with the airdrop,
the coin will be distributed fairly to every members,and also it could be said as an Advertisement for the project itself.
the majority people do not really care about the project when they are asking you to pay to get it.
but,if you get it for free you will spare some of your attention to that project.
why ? because it has a potential for you to get money,on the other hand for the project itself.
it gets a poppularity from the members who has their coin.
win to win solution for members and for the project itself.
if you were here when Bitcoin did the same thing like what other project did a few days/weeks/months ago,you will understand what is their attention.
with the airdrop,
the coin will be distributed fairly to every members,and also it could be said as an Advertisement for the project itself.
the majority people do not really care about the project when they are asking you to pay to get it.
but,if you get it for free you will spare some of your attention to that project.
why ? because it has a potential for you to get money,on the other hand for the project itself.
it gets a poppularity from the members who has their coin.
win to win solution for members and for the project itself.
I think that airdrop is a waste of time because when we register airdrop the results we can not make withdrawal that's weird?
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