Airdrops are the major cause of coin dumping at exchanges. Airdrops should be reduced or banned outrightly as it is killing the coins when they get to exchange. Airdroppers dump at the lowest rates and it causes devaluation for the coins involved
the devs of the coin is fine people dumping their coin because they get something in exchange like free marketing so its win win for both. why airdrop should be banned just because of the dumpers if these coins is doing this they are fine whatever happens to their coin. 
Topic: Why Airdrops??? - page 4. (Read 472 times)
Most of them are junk, just collecting emails etc.
Yup, I hate the airdrops too! They are just the cheapest ways of doing advertising for the ICO's and they take lot of time from us. The tasks might be smaller one like joining telegram, twitter following etc but they do have additional requirements which are burden on any person and thus it could turn out to be pain staking work.
I will always say that ICO's should not be doing the airdrops as it ruptures the funds for nothing and everything goes to vain at the end. It also leads to scams many time when ICO find out that airdrops eaten their most of the profits. So we as participant should also be aware that airdrop dont always true out to be gree ones.
I will always say that ICO's should not be doing the airdrops as it ruptures the funds for nothing and everything goes to vain at the end. It also leads to scams many time when ICO find out that airdrops eaten their most of the profits. So we as participant should also be aware that airdrop dont always true out to be gree ones.
Airdrops are the major cause of coin dumping at exchanges. Airdrops should be reduced or banned outrightly as it is killing the coins when they get to exchange. Airdroppers dump at the lowest rates and it causes devaluation for the coins involved
You missed airdrop for holding tokens or coins in wallet of which you have private keys in your post. This airdrop idea is fair enough for project which attracts real & serious members only to their community. There were recent airdrops based on NEP5 token for holding like QLC holding airdrop > spotcoin airdrop & SWCH holding airdrop > Travala (AVA) tokens. Spotcoin have another two rounds of airdrop for Holding NEP5 tokens like SWCH & Effect.AI you can take part if interested.
Your third point is worth noting. Many new projects are realizing that conducting an ICO is a risky process due to legal issues. 2 years ago, regulations were either absent or very lenient for ICOs. But right now, the issue of utility vs. security token definition is very strict. On the other hand airdrops help quick adoption, higher community engagement and less legal headaches. Plus less questions about exchange and development!
I saw few newbies have asked in Altcoins section "Why airdrops?"
So i post this detailed explanation for all of them here..
As far as i know there are few types of Airdrops and few intentions of them.
1. Before ICO Air drops
These are done before launching an ICO.
To get public awareness of the project, get telegram members , get Twitter followers , get likes for the Facebook page etc..
2. After ICO Airdrops
Some projects airdrop their unsold tokens to ICO participants without burning them, to avoid decrease the number of total tokens. ( ex: SP8DE )
Some projects do this after a successful ICO in specific exchanges to attract traders. (Arckblock did this)
3. Totally Airdrop coins.
Some projects doesn't conduct a ICO instead they Airdrop the coin among general public or bitcointalk user.
Actually this is a very good strategy instead of ICO's because ICO's are hrdly getting successful these days and marketing a ICO is very expensive.
Twist coin( Twist.network ) is this type of coin and it is pretty amazing, now the price is 0.1$. They airdropped 85% of total tokens.
4. When doing a hard fork on existing block chain.
When a hard fork is done forked coin is Airdropped among original coin holder.
As a example when a hard fork of Bitcoin, Bitcoin Cash, gave current Bitcoin holders an equivalent amount of Bitcoin Cash.
MoneroV is upcoming airdrop and Hardfork in Monero block chain. Airdrop ratio 1 Monero : 10 MoneroV
5. Referral programs.
Those are very bad in my opinion. Some projects use give very little amount of coin to airdrop registrants an if they refer someone give more coins.
These are very aggressively used to pump up telegram members.
Ex;-Current media network became the largest telegram group using 4M$ airdrop and a referral program.
6. Scams
Most of the airdrops are scams for getting telegram users and email addresses. Don't do those airdrops.
So i post this detailed explanation for all of them here..
As far as i know there are few types of Airdrops and few intentions of them.
1. Before ICO Air drops
These are done before launching an ICO.
To get public awareness of the project, get telegram members , get Twitter followers , get likes for the Facebook page etc..
2. After ICO Airdrops
Some projects airdrop their unsold tokens to ICO participants without burning them, to avoid decrease the number of total tokens. ( ex: SP8DE )
Some projects do this after a successful ICO in specific exchanges to attract traders. (Arckblock did this)
3. Totally Airdrop coins.
Some projects doesn't conduct a ICO instead they Airdrop the coin among general public or bitcointalk user.
Actually this is a very good strategy instead of ICO's because ICO's are hrdly getting successful these days and marketing a ICO is very expensive.
Twist coin( Twist.network ) is this type of coin and it is pretty amazing, now the price is 0.1$. They airdropped 85% of total tokens.
4. When doing a hard fork on existing block chain.
When a hard fork is done forked coin is Airdropped among original coin holder.
As a example when a hard fork of Bitcoin, Bitcoin Cash, gave current Bitcoin holders an equivalent amount of Bitcoin Cash.
MoneroV is upcoming airdrop and Hardfork in Monero block chain. Airdrop ratio 1 Monero : 10 MoneroV
5. Referral programs.
Those are very bad in my opinion. Some projects use give very little amount of coin to airdrop registrants an if they refer someone give more coins.
These are very aggressively used to pump up telegram members.
Ex;-Current media network became the largest telegram group using 4M$ airdrop and a referral program.
6. Scams
Most of the airdrops are scams for getting telegram users and email addresses. Don't do those airdrops.
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