Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Tokens/Coins Offerings (ICO, IEO, etc.) => Topic started by: bobby on April 06, 2018, 01:55:54 PM
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Hi guys! I am wondering what the advantages of having no airdrop are for investors? I've been looking at the Cultural Coin recently and read that they have no airdrop. Does that mean any advantages for investors? :)
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There's really no advantage for investors if a company decides not to use an airdrop for marketing purposes, and to be honest, there's not many advantages even when they do. With some notable exceptions, most only give away a tiny amount to lots of people. Although it's free money, so can't really knock it.
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Hi guys! I am wondering what the advantages of having no airdrop are for investors? I've been looking at the Cultural Coin recently and read that they have no airdrop. Does that mean any advantages for investors? :)
Well, on the one hand, no airdrop could mean that the leaders of a project believe it is "strong" enough without additional free pr or "forcing" more people to have at least some skin in the game and on the other hand, if there is a clear roadmap before some ICO starts and the number of coins is exactly described etc...either they planned from the start to give away a part of the coins...not a good look for the actual buyers...or they are changing their plans like that in the mid of the project...also not exactly creating a lot of trust. ;) So if the people behind this ticketing project you are interested in aren't doing an aidrop, don't worry...and cryptothief ofc also got a point, re: the limited effects.
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some airdrops later become a shit coin with no value
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Well, on the one hand, no airdrop could mean that the leaders of a project believe it is "strong" enough without additional free pr or "forcing" more people to have at least some skin in the game and on the other hand, if there is a clear roadmap before some ICO starts and the number of coins is exactly described etc...either they planned from the start to give away a part of the coins...not a good look for the actual buyers...or they are changing their plans like that in the mid of the project...also not exactly creating a lot of trust. ;) So if the people behind this ticketing project you are interested in aren't doing an aidrop, don't worry...and cryptothief ofc also got a point, re: the limited effects.
some airdrops later become a shit coin with no value
Fair points, thanks guys. It's kind of true that giving away big amounts of free coins kind of has a desperate feel to it. Almost like: Take it otherwise we won't be able to get rid of it. Cultural coin looks professional so you would think they will be able to manage without. I've seen some people participate in loads of airdrops at the same time - I kind of wouldn't be able to keep track. Do most ICOs have them?
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Well, on the one hand, no airdrop could mean that the leaders of a project believe it is "strong" enough without additional free pr or "forcing" more people to have at least some skin in the game and on the other hand, if there is a clear roadmap before some ICO starts and the number of coins is exactly described etc...either they planned from the start to give away a part of the coins...not a good look for the actual buyers...or they are changing their plans like that in the mid of the project...also not exactly creating a lot of trust. ;) So if the people behind this ticketing project you are interested in aren't doing an aidrop, don't worry...and cryptothief ofc also got a point, re: the limited effects.
some airdrops later become a shit coin with no value
Fair points, thanks guys. It's kind of true that giving away big amounts of free coins kind of has a desperate feel to it. Almost like: Take it otherwise we won't be able to get rid of it. Cultural coin looks professional so you would think they will be able to manage without. I've seen some people participate in loads of airdrops at the same time - I kind of wouldn't be able to keep track. Do most ICOs have them?
Yeah, you got that right....more of a bad trait now and some people even expect an aidrop and just wait for it, instead of participating normally! Seems like economical malpractice. Not most ICOs but many, especially those with an unlimited number of coins ...easier to give them away if they practically cost next to nothing. ;) Major reason why it is better or more professionally if the number of coins is locked early and with a plan. Re: you question - yeah, if there is a decent roadmap and enough interest in the first place, the ticketing with cryptocurrency crowd won't need one and even if they would need one it usually does not help, haha.
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Well, on the one hand, no airdrop could mean that the leaders of a project believe it is "strong" enough without additional free pr or "forcing" more people to have at least some skin in the game and on the other hand, if there is a clear roadmap before some ICO starts and the number of coins is exactly described etc...either they planned from the start to give away a part of the coins...not a good look for the actual buyers...or they are changing their plans like that in the mid of the project...also not exactly creating a lot of trust. ;) So if the people behind this ticketing project you are interested in aren't doing an aidrop, don't worry...and cryptothief ofc also got a point, re: the limited effects.
some airdrops later become a shit coin with no value
Fair points, thanks guys. It's kind of true that giving away big amounts of free coins kind of has a desperate feel to it. Almost like: Take it otherwise we won't be able to get rid of it. Cultural coin looks professional so you would think they will be able to manage without. I've seen some people participate in loads of airdrops at the same time - I kind of wouldn't be able to keep track. Do most ICOs have them?
Yeah, you got that right....more of a bad trait now and some people even expect an aidrop and just wait for it, instead of participating normally! Seems like economical malpractice. Not most ICOs but many, especially those with an unlimited number of coins ...easier to give them away if they practically cost next to nothing. ;) Major reason why it is better or more professionally if the number of coins is locked early and with a plan. Re: you question - yeah, if there is a decent roadmap and enough interest in the first place, the ticketing with cryptocurrency crowd won't need one and even if they would need one it usually does not help, haha.
Mhm. I see what you mean. It also seems to be a case of the coin being either good or rubbish and an airdrop wont change it either way.
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Hi guys! I am wondering what the advantages of having no airdrop are for investors? I've been looking at the Cultural Coin recently and read that they have no airdrop. Does that mean any advantages for investors? :)
I personally think that it may have little or no advantage to investors. Most projects has plan for air drops before it take off, and it's obvious that in such situations, the investor has no advantage in air drops but for the to projects to increase it awareness campaign.
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Hi guys! I am wondering what the advantages of having no airdrop are for investors? I've been looking at the Cultural Coin recently and read that they have no airdrop. Does that mean any advantages for investors? :)
I personally think that it may have little or no advantage to investors. Most projects has plan for air drops before it take off, and it's obvious that in such situations, the investor has no advantage in air drops but for the to projects to increase it awareness campaign.
Yeah, awareness seems to be the keyword here. I suppose after that the next marketing instruments are bounty and ICO discounts.
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Airdrop
Pros - More awareness and brings in the numbers.
Cons - Most airdrop hunters do not participate in the ICO's and will just dump at the first available chance.
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Airdrop is a market manipulation mechanism, which purpose is not only to dump the coin price.