Why do ICO's make Airdrops? - page 2.

LayaSmith

newbie

Activity: 24

Merit: 0

Quote from: camiel323 on April 09, 2018, 05:22:07 AM

I signed up for an ICO the other day and saw that they were giving away quite a lot of tokens for just signing up with Twitter and Telegram. How do they benefit from this? Do they just want more followers or do they want to get rid of tokens? Or is it maybe just a scam?

You know just like game free to play, they need enough people to make their community more plump, if you want to tell a story, you must find audiences first.
Then, those audiences also as the marketing power. It more like marketing method.

krassy

member

Activity: 476

Merit: 19

The main purpose of the airdrop is of course advertising the project and attracting new participants and investors, promoting the project to the masses and achieving the desired profit. And it is very attractive when campaigns spend airdrops during ICO or after the sale of tokens as bonuses to users and all participants.
For example, the AltairVR project has already conducted two airdrops during the ICO both for the English-speaking audience and for Russian users, and now there is the 3rd stage of the airdrop which basically consists of creative assignments and, in addition to the opportunity to receive a reward in the coins of the project, you can also get the iPhoneX.

Irkytsk38rus

member

Activity: 280

Merit: 10

Araw ICO

This is done for the development of the community. The more people know about it the better for a coin. I think this is a great tool for promoting

Buntel168

full member

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SportsIcon - Connect With Your Sports Heroes

many ico project doing bounty and airdrop for only gain popularity through social media, so that participant must help spread the word about that ico project, so that will attrach more people know about their project.

AbyssLagiaz

jr. member

Activity: 185

Merit: 3

Projects that has a large capital has the most probability to do one of these to further market their project in different places or sites (since this is all done digitally). It isn't only about dragging investors in here but it is also primarily getting the curiosity of people even outside the cryptocurrency on what is this specific coin all about, why is it giving away free tokens to the public. This also shows that the team or devs are expecting their projects to light up or go boom in the market when its ICO became successful in funding.

gordonsam32

newbie

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I think that it's a marketing strategy that aims to gain more public interest. They first would get all participants' emails and then later on send promotion new letters.

alrez

newbie

Activity: 134

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They need to introduce their tokens, as with new products in the real world, coin also needs to be introduced to the public. Twitter and telegram become a place for ico to introduce their coins / tokens. And because it is still unfamiliar to the crowd, the organizers ico willingly spend large funds, so people will accept and get to know their coins / tokens.

cryptochr

full member

Activity: 266

Merit: 103

Its for advertising

and a good opportunity for us to gain a few extra tokens.
There are airdrops that are scams so be careful which ones you join

chocolaty

member

Activity: 294

Merit: 14

ICOs make airdrops for the sake of drawing people's attention. That is their marketing strategy. When people hear airdrop, they think most of free money without knowing that its equivalent value is too little. They are just being used to increase the ICOs popularity.

Before, I like joining airdrops. But upon receiving, never did I earn a big amount of money out of it. That's when I realized, I'm a fool.

Choii

full member

Activity: 658

Merit: 106

Quote from: camiel323 on April 09, 2018, 05:22:07 AM

Why do ICO's make Airdrops?

That's the strategy to promote their project and make their ICO successfuly and they want to increase the value of their token because almost all people can saw their project through their social media.

Shenzou

sr. member

Activity: 1400

Merit: 283

Quote from: camiel323 on April 09, 2018, 05:22:07 AM

I signed up for an ICO the other day and saw that they were giving away quite a lot of tokens for just signing up with Twitter and Telegram. How do they benefit from this? Do they just want more followers or do they want to get rid of tokens? Or is it maybe just a scam?

It is just a way for them to promote their ICOs, because think about it they tell you to sign up with twitter, the more twitter followers they have the more likely they will become trending which means more and more people will see them, or you sign up and you tell your friend to sign up and he tells hes friend winch keeps the circle going, so instead of paying thousands of dollars to put ads on social networks they let the people promote their ICOs by signing up and pay them with it.

hdtqisg

sr. member

Activity: 686

Merit: 250

Quote from: camiel323 on April 09, 2018, 05:22:07 AM

I signed up for an ICO the other day and saw that they were giving away quite a lot of tokens for just signing up with Twitter and Telegram. How do they benefit from this? Do they just want more followers or do they want to get rid of tokens? Or is it maybe just a scam?

They need more member and more trading after ICO! But i think they need more people join with them to get an ICO successfull! Grin

beetlejam

full member

Activity: 226

Merit: 100

It's a marketing tactic.

It gathers a bunch of people who could be interested into a funnel. I.E. sign up to telegram or join the website. They can create good traffic / community building this way.

Also spreads the token out over many users, which is an advantage, or can be used to target people who might be interested in their token as they have other similar tokens.

madgtr

member

Activity: 210

Merit: 12

Most of them are not scam. It's just a way to reach out to the community so that they can advertise their project.

meldrio1

full member

Activity: 1358

Merit: 100

they do airdrops because they want to gather more investors their ICO they just advertising, if you join their airdrop there are simple task to do before you receive tokens like following their twitter, joining their telegram, signing up into their website and etc. to advertise their ICO, maybe the airdrops are the cheapest advertising.

cardoyasilad

sr. member

Activity: 658

Merit: 250

It's a way of advertising and increasing also the volume remember that CMC now requires $100k volume to be listed so airdrops is a big help

xGeraValerax

newbie

Activity: 490

Merit: 0

Large investment funds with sufficient capital can enter the ICO. This means that investors of such funds, although they will not become immediate owners of the project's tokens, will be able to profit from its development.

crampus

member

Activity: 252

Merit: 10

ICO campaign thinks that users will quickly sell, thereby increasing the number of tokens, and less will have to burn them

fatenmo

full member

Activity: 280

Merit: 108

Airdrop campaigns are a form of advertising and so are important to an ICO.
Since there are prerequisites to receive the airdrop, such as joining a telegram group or twitter etc, it helps the ICO build a community and create hype. Seeing the a lot of people are signed up to a telegram or twitter etc attracts new participants and so the community grows. This also attracts investors

sadwage

member

Activity: 279

Merit: 11

Quote from: camiel323 on April 09, 2018, 05:22:07 AM

I signed up for an ICO the other day and saw that they were giving away quite a lot of tokens for just signing up with Twitter and Telegram. How do they benefit from this? Do they just want more followers or do they want to get rid of tokens? Or is it maybe just a scam?

I think because they need a supporter for their ico so they need more people to join their telegram and like facebook pagw follow their tweeter ang give extra token for every referral.

Topic: Why do ICO's make Airdrops? - page 2. (Read 499 times)