Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: rdluffy on August 16, 2024, 02:52:45 PM
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A few months ago, everyone was farming airdrops, and with the downturn in the market, it seems that interest has decreased a lot, especially since several airdrops were pretty bad and the tokens came out at low values for the effort required
Are you still farming any airdrops? If so, which one?
I'm currently farming the following:
Hyperlane
Layer3 (third season)
Scroll
Linea
marginFi
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I tried farming even before the market downturn but I could not keep up or could not find the time to the tasks to qualify like building trade volume. I just decided to give up and focus on buying and other activities. Some of these airdrops will probably pump and give participants good profit but I guess it's not for me.
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I tried farming even before the market downturn but I could not keep up or could not find the time to the tasks to qualify like building trade volume. I just decided to give up and focus on buying and other activities. Some of these airdrops will probably pump and give participants good profit but I guess it's not for me.
Which projects have you tried to farm?
Some require a lot of time, like Layer3 for example, or Linea, which always releases something to do and earn l-xp.
But there are some that you can farm with less time, but usually require a good amount of capital to make it worthwhile, like Kamino for example
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I just decided to give up and focus on buying and other activities. Some of these airdrops will probably pump and give participants good profit but I guess it's not for me.
I also give up to do airdrops because I never got good money from airdrops. Many of airdrops only resulted for cents, even some of them resulted in no money. I honestly have no good knowledge in doing airdrops, so I think it is not worth it to do. Yes, I saw that there are people who get huge money from airdrops, I don't know if it is fake story or real story. If it is a real story, we may be not lucky for airdrops. :)
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I just decided to give up and focus on buying and other activities. Some of these airdrops will probably pump and give participants good profit but I guess it's not for me.
I also give up to do airdrops because I never got good money from airdrops. Many of airdrops only resulted for cents, even some of them resulted in no money. I honestly have no good knowledge in doing airdrops, so I think it is not worth it to do. Yes, I saw that there are people who get huge money from airdrops, I don't know if it is fake story or real story. If it is a real story, we may be not lucky for airdrops. :)
There really are some influencers, especially on X, who do a lot of advertising, and say they've made a lot of money on airdrops, but it could just be to promote themselves
But there are plenty of people who have made great money on airdrops, over 10k dollars
The best airdrops are usually the ones you can get into at the beginning, make lots of trades, with different contracts, and always have a good amount of capital to allocate
Many people have won a good amount of money with Jito, Zksync, Arbitrum etc
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I tried farming even before the market downturn but I could not keep up or could not find the time to the tasks to qualify like building trade volume. I just decided to give up and focus on buying and other activities. Some of these airdrops will probably pump and give participants good profit but I guess it's not for me.
Which projects have you tried to farm?
Some require a lot of time, like Layer3 for example, or Linea, which always releases something to do and earn l-xp.
But there are some that you can farm with less time, but usually require a good amount of capital to make it worthwhile, like Kamino for example
I can no longer remember the names because I did it late last year. Will try to find my list later. I remember there's one in Ethereum, about five in Solana, and maybe a couple in Injective. Most of them were decentralized exchanges that didn't launch native their tokens yet.
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I also give up to do airdrops because I never got good money from airdrops. Many of airdrops only resulted for cents, even some of them resulted in no money. I honestly have no good knowledge in doing airdrops, so I think it is not worth it to do. Yes, I saw that there are people who get huge money from airdrops, I don't know if it is fake story or real story. If it is a real story, we may be not lucky for airdrops. :)
There's more money to be made but when it comes to airdrops, you get lucky with numbers. The more you participate, the more chances you have to get thousands of dollars. I noticed the new airdrops have added some rules before you qualify and that usually requires you to spend. Maybe $100 is enough to start.
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I can no longer remember the names because I did it late last year. Will try to find my list later. I remember there's one in Ethereum, about five in Solana, and maybe a couple in Injective. Most of them were decentralized exchanges that didn't launch native their tokens yet.
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You commented on Injective, and I staked INJ, TIA and ATOM because the narrative a few months ago was to stake these coins to win future airdrops
Besides the devaluation, I only won 2 airdrops that weren't even worth 30 dollars combined hehehe
It's not easy, many airdrops end up not being worth the time lost, or the money invested, but some can be worth it all
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But there are plenty of people who have made great money on airdrops, over 10k dollars
The best airdrops are usually the ones you can get into at the beginning, make lots of trades, with different contracts, and always have a good amount of capital to allocate
Many people have won a good amount of money with Jito, Zksync, Arbitrum etc
Is there a person who got 10k dollars from airdrops nowadays?
If it was in 2016-2018, I am not really surprised. At that time, there were many people who got huge money from airdrops. But now, it looks like very difficult to get big money from airdrops. Anyway, I didn't join airdrops of Jito or Zksync. Is this airdrop still active?
The more you participate, the more chances you have to get thousands of dollars. I noticed the new airdrops have added some rules before you qualify and that usually requires you to spend. Maybe $100 is enough to start.
I have no idea to join the airdrops that ask for money to join it. I think it is too risky to join such airdrop, it is better to join airdrop that never asks for sending money. Unless it is the airdrops from big platforms, it is better to avoid it.
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Is there a person who got 10k dollars from airdrops nowadays?
If it was in 2016-2018, I am not really surprised. At that time, there were many people who got huge money from airdrops. But now, it looks like very difficult to get big money from airdrops. Anyway, I didn't join airdrops of Jito or Zksync. Is this airdrop still active?
Jito and Zksync airdrops have already taken place. I'm not sure if there will be a second season, but I'd guess to say that Zksync may give some tokens in the second season, yes, but it's not guaranteed
Of course there are people making 10k USD or more on airdrops, but you need to put in the effort and understand what you're doing
I have no idea to join the airdrops that ask for money to join it. I think it is too risky to join such airdrop, it is better to join airdrop that never asks for sending money. Unless it is the airdrops from big platforms, it is better to avoid it.
I'll try to make a thread explaining airdrops better, because the concept isn't exactly that of paying to receive an airdrop, and any risk can be minimized.
You don't have a risk with the airdrop itself, but you do have a risk of being hacked in some wallet, or some exploited contract, something like that, because you will interact with new services, protocols, bridges and networks
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I tried farming even before the market downturn but I could not keep up or could not find the time to the tasks to qualify like building trade volume. I just decided to give up and focus on buying and other activities. Some of these airdrops will probably pump and give participants good profit but I guess it's not for me.
You are not alone with this fair and honest assessment as airdrops are getting to be a big time waster. And it can be because there are so many people who are participating and they are fighting for a limited number of coins or tokens that are available. The best thing to do is to turn our attention to other possible opportunities in the crypto space and not stick to something that is not anymore giving us the best, optimal returns. One thing I really realized is that building trading skills can be a lot better here and one that can really give us the financial independence we are all looking for.
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You are not alone with this fair and honest assessment as airdrops are getting to be a big time waster. And it can be because there are so many people who are participating and they are fighting for a limited number of coins or tokens that are available. The best thing to do is to turn our attention to other possible opportunities in the crypto space and not stick to something that is not anymore giving us the best, optimal returns. One thing I really realized is that building trading skills can be a lot better here and one that can really give us the financial independence we are all looking for.
My trading skills are horrible :P, only once in a while I manage to make a good profit on a swing trade
So far I've made more money on airdrops than on trades
There are a lot of people trying airdrops, but I still believe that there are good projects to farm, but you need time, patience and capital
The point is that even if there are a lot of people farming a particular project, it's not that difficult to stand out and get a good position
In some projects there are more than 100,000 wallets for example, but when you analyze it, most of them have only done the bare minimum and that's it
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A few months ago, everyone was farming airdrops, and with the downturn in the market, it seems that interest has decreased a lot, especially since several airdrops were pretty bad and the tokens came out at low values for the effort required
Are you still farming any airdrops? If so, which one?
I'm currently farming the following:
Hyperlane
Layer3 (third season)
Scroll
Linea
marginFi
I am farming airdrops but i know nothing about all of this ones that you have mentioned, and this is possibly because my own airdrop farming focuses particularly on telegram mini apps.
The only airdrop I know that I actively farmed that is outside of Telegram is Grass, which I am currently very disappointed with after they recently announced the airdrop allocation to farmers, the amount of coins allocated to farmers is very much low compared to the work and resources and time many of us invested in farming, this is why I now think that it's absolutely wrong to have high hopes on airdrops, I can't say that people should stop farming, but then, don't expect much so don't end up disappointed like I am with grass.
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I am farming airdrops but i know nothing about all of this ones that you have mentioned, and this is possibly because my own airdrop farming focuses particularly on telegram mini apps.
same here not only there are really a lot of projects on telegram i find them the most entertaining and easiest to do they don’t have a lot of requirements or tasks compared to other projects outside telegram
this is why I now think that it's absolutely wrong to have high hopes on airdrops, I can't say that people should stop farming, but then, don't expect much so don't end up disappointed like I am with grass.
we should know what we are going to be dealing with and we should be prepared whatever the results may be we should not depend our whole life to airdrops because the chances are too low however it’s not completely impossible so let’s just do it without too much expectations
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I am farming airdrops but i know nothing about all of this ones that you have mentioned, and this is possibly because my own airdrop farming focuses particularly on telegram mini apps.
The only airdrop I know that I actively farmed that is outside of Telegram is Grass, which I am currently very disappointed with after they recently announced the airdrop allocation to farmers, the amount of coins allocated to farmers is very much low compared to the work and resources and time many of us invested in farming, this is why I now think that it's absolutely wrong to have high hopes on airdrops, I can't say that people should stop farming, but then, don't expect much so don't end up disappointed like I am with grass.
The Grass airdrop also left me unsatisfied, but I can't complain since I didn't do it from the beginning, I only got into Epoch 3 or 4
Anyone who joined from the beta and has stayed with the epoch bonus until now must have earned a lot of tokens, maybe with a couple of referals
Here I didn't even get 50, which shouldn't even be 10 dollars in total hehehe
But I'm always prepared for the worst, it happens, one day you can hit a good airdrop and win well
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I am farming airdrops but i know nothing about all of this ones that you have mentioned, and this is possibly because my own airdrop farming focuses particularly on telegram mini apps.
The only airdrop I know that I actively farmed that is outside of Telegram is Grass, which I am currently very disappointed with after they recently announced the airdrop allocation to farmers, the amount of coins allocated to farmers is very much low compared to the work and resources and time many of us invested in farming, this is why I now think that it's absolutely wrong to have high hopes on airdrops, I can't say that people should stop farming, but then, don't expect much so don't end up disappointed like I am with grass.
I don't think that we need to have high expectations to these airdrops because after all, you're doing it for free. Yes there are some that you need to invest money in order for you to be eligible into these airdrops, but for those that you only need to invest time, you just need to lower your expectations because since it's free, anybody can join, anybody can have a share of the pie.
I saw this Grass airdrop already a few months ago, and I decided not to join because I've been overwhelmed by so much airdrops that I'm looking out. Now, I'm back with airdrops again, but this time, it's more on the Telegram since it's the hype. As always, I have a low expectations to these airdrops since anybody can join, anybody can make multiple accounts on it to maximize the amount of free money that they can get.
If you want to disclose, can you share how much free money you will be getting in Grass, and the things that you did that made you disappoint? I assume that you spent a lot of time doing it, eh?
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I am farming airdrops but i know nothing about all of this ones that you have mentioned, and this is possibly because my own airdrop farming focuses particularly on telegram mini apps.
If you know nothing about those airdrops, I think you don't be so serious to do it. I even suggest you to focus on another thing, it may waste time only by doing airdrops. Moreover, we have too many telegram mini apps that look too easy to do. Honestly, I'm not sure with these type of airdrops.
The only airdrop I know that I actively farmed that is outside of Telegram is Grass, which I am currently very disappointed with after they recently announced the airdrop allocation to farmers, the amount of coins allocated to farmers is very much low compared to the work and resources and time many of us invested in farming, this is why I now think that it's absolutely wrong to have high hopes on airdrops, I can't say that people should stop farming, but then, don't expect much so don't end up disappointed like I am with grass.
Is this your first time doing airdrop?
It is a very common thing that we got nothing or got unsatisfied results from airdrops. I don't know Grass airdrop but it should be quite similar with other current airdrops. If you don't spend money, just forget the airdrops. It is true that we don't expect too much on airdrops.
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A few months ago, everyone was farming airdrops, and with the downturn in the market, it seems that interest has decreased a lot, especially since several airdrops were pretty bad and the tokens came out at low values for the effort required
Are you still farming any airdrops? If so, which one?
I'm currently farming the following:
Hyperlane
Layer3 (third season)
Scroll
Linea
marginFi
I have farmed airdrops in tap games under the line; I'm not sure if it will be successful in the end, as long as I only grind when I have time, and it's not like grinding for a few hours; it's not like that.
Now the farming of the protocol platforms is just one of the things that is being tried, and there is also an airdrop protocol that I am still working on under testnet because I don't know if the airdrops are finished yet; that's all I'm doing.
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- Until now, there are still many who farm in tap mining games at the moment. Because the majority of the crypto community still believes that they will get big earnings in crypto despite the fact that they will not release any money, but they will just spend time with no certainty that they will get anything from what they are doing.
That's what most of the airdrops we see do. In airdrops tap mining games, the number of hyped ones is high, to tell you frankly.
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- Until now, there are still many who farm in tap mining games at the moment. Because the majority of the crypto community still believes that they will get big earnings in crypto despite the fact that they will not release any money, but they will just spend time with no certainty that they will get anything from what they are doing.
That's what most of the airdrops we see do. In airdrops tap mining games, the number of hyped ones is high, to tell you frankly.
Aside from the fact that many believe that they will get free money through these tap to earn games, the thing is that, there's little to no barrier to register to these games/airdrops that's why many are joining, tryng their luck, spending their time on these tap to earn games.
At the end of the day, those who will register will not lose any monetary value because it's free. They might lose some time though because they will spend some time to grind those points needed. I also tried to join into these mining games, and I don't want to spend too much time tapping only to earn a few bucks. I mean there might be some who're enjoying tapping on their phone, but for me. Nevertheless, I believe that those who will spend more time into these airdrops are the ones that will get the most of the share. :)
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A few months ago, everyone was farming airdrops, and with the downturn in the market, it seems that interest has decreased a lot, especially since several airdrops were pretty bad and the tokens came out at low values for the effort required
Are you still farming any airdrops? If so, which one?
I'm currently farming the following:
Hyperlane
Layer3 (third season)
Scroll
Linea
marginFi
I have farmed airdrops in tap games under the line; I'm not sure if it will be successful in the end, as long as I only grind when I have time, and it's not like grinding for a few hours; it's not like that.
Now the farming of the protocol platforms is just one of the things that is being tried, and there is also an airdrop protocol that I am still working on under testnet because I don't know if the airdrops are finished yet; that's all I'm doing.
I've heard that there is a fifth epoch on Linea (Volt 5). It's almost the last one, where you can get LXP-L. And the pool of it would be smaller up to 10% than in Volt 4. It's interesting to see how it will go.
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I've heard that there is a fifth epoch on Linea (Volt 5). It's almost the last one, where you can get LXP-L. And the pool of it would be smaller up to 10% than in Volt 4. It's interesting to see how it will go.
We are not farming Linea, they are farming us hehehe ;D
I think this is the last one, they already extend the farming for some months, but they need to release something to enjoy the benefits of good prices
October or november could be good months to TGE
I put some work on Linea, but I know there's tons of people doing the same and probably will be dilited
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I just decided to give up and focus on buying and other activities. Some of these airdrops will probably pump and give participants good profit but I guess it's not for me.
I also give up to do airdrops because I never got good money from airdrops. Many of airdrops only resulted for cents, even some of them resulted in no money. I honestly have no good knowledge in doing airdrops, so I think it is not worth it to do. Yes, I saw that there are people who get huge money from airdrops, I don't know if it is fake story or real story. If it is a real story, we may be not lucky for airdrops. :)
There really are some influencers, especially on X, who do a lot of advertising, and say they've made a lot of money on airdrops, but it could just be to promote themselves
But there are plenty of people who have made great money on airdrops, over 10k dollars
The best airdrops are usually the ones you can get into at the beginning, make lots of trades, with different contracts, and always have a good amount of capital to allocate
Many people have won a good amount of money with Jito, Zksync, Arbitrum etc
I don't believe the majority of influencers, especially those who say that I earned this amount from this or blah, blah, blah... Most of them we know that they are paid for advertising, and I also know that not all the viewers believe them too.
Then we know that with airdrops, we don't really get much profit there in the end. It's completely different because it's just hype that's done to encourage more airdrops, but most of them are just hoping for more airdrops.
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I don't believe the majority of influencers, especially those who say that I earned this amount from this or blah, blah, blah... Most of them we know that they are paid for advertising, and I also know that not all the viewers believe them too.
Then we know that with airdrops, we don't really get much profit there in the end. It's completely different because it's just hype that's done to encourage more airdrops, but most of them are just hoping for more airdrops.
Many influencers get a good airdrop when they have a referral system
We ordinary users can't invite many people to increase our bonus.
Many are paid to promote certain projects. In the case of airdrops, they usually don't receive anything, but they guarantee a good allocation by inviting a lot of people