Airdrop worthless?

[hugeblack]

Airdrop was a way to promote projects since there was no definition of cryptocurrencies as is happening now and there was not enough momentum to promote them, so projects in that period took formats such as airdrop, ICO, bounty and other forms of campaigns.
Nowadays, promotion has taken a different form, for example, paying for a YouTube channel, buying advertising space on websites or forums, or even X and Facebook, and therefore there is no need for airdrop.
Find where these campaigns are promoting and you will earn from them.

[Dor@]

Airdrop was a way to promote projects since there was no definition of cryptocurrencies as is happening now and there was not enough momentum to promote them, so projects in that period took formats such as airdrop, ICO, bounty and other forms of campaigns.
Nowadays, promotion has taken a different form, for example, paying for a YouTube channel, buying advertising space on websites or forums, or even X and Facebook, and therefore there is no need for airdrop.
Find where these campaigns are promoting and you will earn from them.

I agree with you. That's because now bounty airdrop whatever you say every thing is working as advertisement on youtube. Through this youtube people are learning a lot of work and they are working and earning a lot of money. Those who are new through YouTube who want to work in bounty or airdrop, of course many of my acquaintances have learned airdrop bounty through YouTube and after learning, they have earned good money.

[hugeblack]

That's because now bounty airdrop whatever you say every thing is working as advertisement on youtube. Through this youtube people are learning a lot of work and they are working and earning a lot of money. Those who are new through YouTube who want to work in bounty or airdrop, of course many of my acquaintances have learned airdrop bounty through YouTube and after learning, they have earned good money.

It is true, but the biggest profit is the content creator. Instead of paying thousands of dollars in a random Airdrop, 2k USD are paid for Youtubers (half of which may be in the project’s tokens) for advertising and distributing the share of the bounty to the users who watch the video. Thus, they have a better user base than a random Airdrop.

What I'm trying to say is make yourself valuable and make your account attractive and you will find Airdrops is looking for you.

[Don Pedro Dinero]

Not so buddy, there are still many potential airdrops but you have to carefully choose which project to work on.
Airdrops now have many variations, starting from testnet, retrodrop, jembatani etc., it will be beneficial if you look and try again.

Many??
I can agree that there is still airdrops that give the participants with reasonable payment. But I disagree if there are many worth airdrops. You can mention some of them, but it doesn't mean many of airdrops are worth.

No, I'm sure there isn't much, and he himself has said he had 'no luck' with them. In the end it's like a lottery where you can hit a jackpot but most of the time it's shit. If he knows someone who does it exclusively, he may have statistically participated in one a few times that paid off. But in most cases it's a waste of time.

[0t3p0t]

Airdrops nowadays are a waste of time and effort to be honest. Aside from being not profitable you just got worthless shit coins with you. 😅

[bitbit97]

Airdrops nowadays are a waste of time and effort to be honest. Aside from being not profitable you just got worthless shit coins with you. 😅

Not only they are worthless way to spend time and they turn wallet into garbage bin, but participant by flashing his address, media and other personal information becomes more vulnerable and open to other users. By sharing information everywhere, step by step users portrait is being created. Consider it being of one of KYC puzzles, when overall amount of puzzle details inst large. Each time user participates somewhere where data base is generated, he leaves unnecessary traits in the internet. Remember, everything, every step and click in internet is collected, processed, structured and analyzed.

[Fivestar4everMVP]

Airdrops are not entirely worthless, but the thing is that, majority of them are, and besides, airdrop methods, or should I say "dynamics" have changed completely, projects planning to distribute their tokens through airdrops no longer do so the traditional way that we all are familiar with, which is to fill a google form where we provide our wallet address, and boom, we get tokens directly to our wallet, no, no, this method is now obsolete, and any project still using this method is simply farming users email addresses and a scam.

Airdrops have gone the way of mobile mining, which is, you mine the cryptocurrency on your mobile phone, like what many of us did and stil do with pi network, Avive, core Dao, Renec to name but few.

[joniboini]

I think there's a different interpretation of the airdrop term here, considering how different the method projects used to do it nowadays on social media. Some of you seem to limit it to the past 'airdrop' where people input their social media username tc, while others seem to refer to airdrop from projects like Jupiter or Pyth. I think the latter has become more popular these days to generate hype and liquidity. Some even suggest some projects are deliberately teasing an airdrop to get fees from user interaction through their bridge. I think that's highly possible, which sucks because only those with capital can participate and get a decent airdrop (if any).
 

Airdrops have gone the way of mobile mining, which is, you mine the cryptocurrency on your mobile phone, like what many of us did and stil do with pi network, Avive, core Dao, Renec to name but few.

Which project are you referring to? I don't think I've heard of mobile mining on social media. Most of them are related to the new layer-2 ecosystem where you need to make tons of transactions instead of mining tokens. Some do require owning or minting an NFT, but I don't think that's what you refer to in this case.

It is true, but the biggest profit is the content creator. Instead of paying thousands of dollars in a random Airdrop, 2k USD are paid for Youtubers (half of which may be in the project’s tokens) for advertising and distributing the share of the bounty to the users who watch the video. Thus, they have a better user base than a random Airdrop.

Honestly, I don't think popular projects do that anymore if they plan on doing retrospective airdrops. Simply tweeting a tease will get them listed on many Youtube videos talking about potential projects etc, and then they just need to mint the token to pay those creators. I wonder how sustainable that will be though, we will see whether they'll revert back to the model you're talking about in the near future I guess.

[summonerrk]

We have seen since 2017 airdrop has become absolutely worthless. But i see from this forum that there are many topics about airdrop and giveaway. What strong beginnings are these, in fact? Because now any project is unwilling to distribute tokens for free.

I agree that earlier in 2017 absolutely all airdrops were useful and it was impossible to run into a scam. The scam did not exist at all then, all the projects that distributed tokens actually distributed a huge amount of money. I especially remember the airdrop and signature campaign from the POPOLOUS project. After entering the market, their tokens were very expensive, I sold them for $ 2,200. But I experienced a hard FOMO when the next day these tokens would have cost 20k.

There is no such thing now.

[bitbit97]

We have seen since 2017 airdrop has become absolutely worthless. But i see from this forum that there are many topics about airdrop and giveaway. What strong beginnings are these, in fact? Because now any project is unwilling to distribute tokens for free.

I agree that earlier in 2017 absolutely all airdrops were useful and it was impossible to run into a scam. The scam did not exist at all then, all the projects that distributed tokens actually distributed a huge amount of money.

You are joking now, right? The scale of scam in 2017 was greater than it is now. Now we have greater number of scam projects, because people understood how easy it is to create contract and webpage. In 2017, it was different kind of scam. Remember all the projects who raise millions and million as softcap and never complete any milestone from roadmap? I cant agree that airdrops were useful. Maybe just a bigger % were useful, then it is now. But not all at all. People did not understood if it was scam or not, because everything can be traded on forkdelta. Scam or not, people bought them with hope for better future. Just question yourself, if there were no scam back then, then where are all those projects that appeared in dozens daily and raised money?

[summonerrk]

We have seen since 2017 airdrop has become absolutely worthless. But i see from this forum that there are many topics about airdrop and giveaway. What strong beginnings are these, in fact? Because now any project is unwilling to distribute tokens for free.

I agree that earlier in 2017 absolutely all airdrops were useful and it was impossible to run into a scam. The scam did not exist at all then, all the projects that distributed tokens actually distributed a huge amount of money.

You are joking now, right? The scale of scam in 2017 was greater than it is now. Now we have greater number of scam projects, because people understood how easy it is to create contract and webpage. In 2017, it was different kind of scam. Remember all the projects who raise millions and million as softcap and never complete any milestone from roadmap? I cant agree that airdrops were useful. Maybe just a bigger % were useful, then it is now. But not all at all. People did not understood if it was scam or not, because everything can be traded on forkdelta. Scam or not, people bought them with hope for better future. Just question yourself, if there were no scam back then, then where are all those projects that appeared in dozens daily and raised money?

Perhaps we are talking a little bit about different things, I judge only by those airfieldsairdrops and signature companies that were represented at that time on the forums (then I was registered only on the bitcointalk). And if some aidrop or sign company turned out to be a scam, then everyone immediately found out about it, and the representative on the forum got his ass kicked. And you're probably talking about all the campaigns that have existed. It's just that I hardly looked for airdrops outside the forums.

[hugeblack]

Honestly, I don't think popular projects do that anymore if they plan on doing retrospective airdrops. Simply tweeting a tease will get them listed on many Youtube videos talking about potential projects etc, and then they just need to mint the token to pay those creators. I wonder how sustainable that will be though, we will see whether they'll revert back to the model you're talking about in the near future I guess.

Not retrospective airdrops, but that the airdrops are announced after a specific event, just as happened with Uniswap, where the conditions of Airdrop were that you use the service at a certain time, and therefore they can launch a service and broadcast rumors and promote it on YouTube, that large sums of money may be airdropped for the service. If it succeeds and a promotion occurs, it will be Launch airdrop, otherwise they will remain rumors.

[gunhell16]

Maybe we shouldn't all think that airdrops are just a waste of time in this field. Let's assume that there is at least 1% that is still sane and legitimate. That's why it's so difficult to determine which coin or exchange platform, Dex or Cex, will conduct airdrops in these times.

I do have a thought that airdrops can be done in the future, so I'm not sure either, but it's just my opinion that maybe in my mind, the chances are high that it won't work, like come what may, just a blow in the air or like a gamble, it's just like that. So others say that most airdrops are just a waste of time. In short, just get together if you become a participant.

[LogitechMouse]

Uniswap, SUI, Celestia, Manta Network, JITO, Arbitrum, BLUR.
Now ask me again. Are airdrops worthless now?

The tokens that I shared are just a few names of projects that started as an airdrop. For those who are saying that airdrops are worthless, at least try to do a research before saying that. Many airdrops are happening every year, and only a few of them are becoming a successful project. TIA and JITO in 2023, Manta Network, and others in 2024. Don't generalize, and say that all airdrops are worthless. Some investors out there earned 5 or even 6 digits right now just by airdrops alone. Just imagine those who staked their SOL to earn JITO. Just imagine those who staked ATOM, and OSMO to earn TIA tokens, and that's all for free. Well, not basically free because they invested, but still the tokens that they used to gain more tokens aren't just some shitcoins out there, so they can still hold them while earning tokens.

2017 = 2023. Airdrops aren't worthless at all. Maybe you're just either lazy or unlucky.

[Jamal Aezaz]

We have seen since 2017 airdrop has become absolutely worthless. But i see from this forum that there are many topics about airdrop and giveaway. What strong beginnings are these, in fact? Because now any project is unwilling to distribute tokens for free.

there are worthless airdrops too but not all airdrops are worthless. some airdrops are actually very good. lots of people's lives have changed because of these airdrops. lots of people became rich over night because of some of the airdrops they joined.
It is just that finding right airdrop is a bit hard. it requires a lot of research and sometime you need to join many airdrops in hope of a couple of them turn out to be good.
One more thing you should keep in mind that there are different type of airdops. those airdrop you say are worthless probably the one with telegram bots which few tasks. but the premium airdops in new blockchains, testnets and projects which require staking, bridign and NFT holding are the actual and worthy airdrops.