Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Z-crypt on April 22, 2025, 06:58:15 PM
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As someone who participates in airdrops alot in the past, i might have to conlude airdrops are now becoming less valuable. Personally, before i participate in any project, i do make sure to have made thorough research before engaging because we all know the more valuable a project is the more likely for investors interested in it which equals more liquidity.
But now it seems projects seem to be getting less investors as they all reward users with little tokens after launching. Should i say there are more users in the space than the funding liquidity the projects have in the sense of more demand, less supply or is it the other way around, they don’t really have solid use cases that would attract enough investors.
I came to think about this because i realized Hyperlane didn’t meet up with users expectations as per rewards, i think its high time people reduced their hopes in airdrops to avoid disappointment or do you think i’m wrong ?
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Didn't you realize that airdrop participation has now grown huge? Maybe millions of people are familiar with airdrops so don't be surprised if airdrops aren't as big as they used to be.
Imagine a total allocation of 10% for airdrop and sharing it with millions of participants? What percentage will you get?
Even now people dare to spend money to do airdrop tasks.
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Didn't you realize that airdrop participation has now grown huge? Maybe millions of people are familiar with airdrops so don't be surprised if airdrops aren't as big as they used to be.
Imagine a total allocation of 10% for airdrop and sharing it with millions of participants? What percentage will you get?
Even now people dare to spend money to do airdrop tasks.
I realized that’s why I said “more demand, less supply”. The users participating in airdrops are much compared to what the projects allocated for the airdrops. Funny enough most airdrops are now retroactive and this gives users high hopes but it is what it is.
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The task is too easy, expecting too high a payment... airdrops are now worthless because many people also do not appreciate the existence of airdrops... some people prefer to cheat with their greed for the results... even though the quality of promotion expected by developers is not like that...
Why are airdrops or bounties in 2016 more attractive than airdrops today? Because in 2016 developers really needed a lot of people to publish their projects and do ICOs... while now, developers need more hype so that the tokens related to their projects can experience a pump... moreover, now airdrop participants are not so enthusiastic about doing tasks for promotion... maybe there is 1 out of 100 people who do it better, and that is still not enough to invite hype...
Think of airdrops as a job to fill your spare time... we will have a hard time if we rely heavily on airdrops, because the win rate to get high income is very small.
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I came to think about this because i realized Hyperlane didn’t meet up with users expectations as per rewards, i think its high time people reduced their hopes in airdrops to avoid disappointment or do you think i’m wrong ?
You're right, although i would go as far as saying people should have little or no expectation toward airdrop. Aside from small reward, the task is more time consuming/difficult where i believe it should be called micro-task or part-time job.
Think of airdrops as a job to fill your spare time... we will have a hard time if we rely heavily on airdrops, because the win rate to get high income is very small.
I disagree, when amount of money you could get from airdrop is very little. There are so many things you could do that either more productive or more fun.
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You are right, because people have now reduced their interest in airdrops because nowadays airdrops mean a one time disappointment. Here you will waste time and money but will not get any respectable reward. For example, a few days ago millions of people were disappointed with the airdrop of the Paws project because many people invested a lot of money here so that they could get big rewards from the airdrop, but people were disappointed here. There is no alternative to airdrop to promote a project so if everyone avoids participating in this airdrop, then at some point new projects will drown in the water. The promotion of a project is failing due to lack of proper planning and development, so with proper research you will find good projects.
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For me the explanation is that there are many more people competing for an airdrop, so it becomes more diluted
Many projects appearing every day also make everyone compete for the same liquidity, so investments are also diluted
And some bad distributions by the devs also make the airdrop bad
It's important not to give up because we still have good airdrops almost every month
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But now it seems projects seem to be getting less investors as they all reward users with little tokens after launching. Should i say there are more users in the space than the funding liquidity the projects have in the sense of more demand, less supply or is it the other way around, they don’t really have solid use cases that would attract enough investors.
I came to think about this because i realized Hyperlane didn’t meet up with users expectations as per rewards, i think its high time people reduced their hopes in airdrops to avoid disappointment or do you think i’m wrong ?
I have joined airdrops for 6 months straight and made around 500 dollars from just 12 or 15 airdrops. Most of them started their distribution in the last quarter of 2024 when I was not following the airdrops, so I missed so many claims, but fortunately, I did not miss many dollars, like, if combined, I might have missed 10 dollars in profit, haha.
Airdrops are not so profitable nowadays. there are some airdrops that have fewer participants, and somehow, only these airdrops give more profit. if an airdrop is bigger, the chances of getting a reward are lower because the more funding they have, the more people will farm them and the less the reward will be. We should join small airdrops but we could only make enough profit from any airdrop if we have multiple accounts.
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Didn't you realize that airdrop participation has now grown huge? Maybe millions of people are familiar with airdrops so don't be surprised if airdrops aren't as big as they used to be.
Imagine a total allocation of 10% for airdrop and sharing it with millions of participants? What percentage will you get?
Even now people dare to spend money to do airdrop tasks.
I realized that’s why I said “more demand, less supply”. The users participating in airdrops are much compared to what the projects allocated for the airdrops. Funny enough most airdrops are now retroactive and this gives users high hopes but it is what it is.
It's a good thing that you're aware of .... because now airdrops are moving towards retroactivity for the community to continue to make transactions and kind of enrich the dev. Lol
Airdrop now takes a long time, even years, if you are an impatient person then it will not be strong to face all the tasks provided, not only one platform but many, because usually some projects partner with other projects.
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You're right, although i would go as far as saying people should have little or no expectation toward airdrop. Aside from small reward, the task is more time consuming/difficult where i believe it should be called micro-task or part-time job.
Small reward but consuming a lot of time is a big consideration to stop working in airdrops. For me, airdrop is no longer a proper work to do in crypto. I personally never have any expectation anymore, I prefer to do another business. Instead of working on airdrop again, I prefer to do trading BTC or altcoins.
I disagree, when amount of money you could get from airdrop is very little. There are so many things you could do that either more productive or more fun.
You are right. Why we must continue to work in airdrop if it is not worth anymore. There are too many other businesses that can be more worth it to do. Trading, investing, or following signature campaign is some options that can have a better result.
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When everyone starts to look for free money the participants increase so the pool distribution will get smaller if there's any distribution happen but most airdrops doesn't even reach this stage, they will be announced failure even before that because the projects with no use case will fail to attract the investors. Only projects that gets hype from someone popular or willing to spend hundreds of thousands of dollars to reach the potential investors.
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I realized that’s why I said “more demand, less supply”. The users participating in airdrops are much compared to what the projects allocated for the airdrops. Funny enough most airdrops are now retroactive and this gives users high hopes but it is what it is.
What is the indicator that retroactive airdrops bring high hopes for users? Last time I checked Linea is trying to filter out more people by increasing the LXP requirement or something, which pissed a lot of people because they're milking people for years with so many programs already. Even if most airdrops are retroactive, the chances are most allocations are going towards whales who can dish out thousands of dollars for each transaction easily. CMIIW.
Anyway, it's just another cycle of crypto trend like before. It shouldn't be a surprise if you've been here long enough.
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Projects that promote themselves have a greater chance of success, but the number of participants will be large, meaning the return will be low.
While projects that don't attract many people may generate higher profits, the probability of making a profit is low.
Therefore, the best strategy is to invest in projects that everyone believes will have a 70% success rate and invest in unknown projects with a 30% success rate.
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The general thought process of the people have changed towards projects that announce airdrops because usually, when a good project is to be launched and it has managed to gain good investors and have got a lot of funds through VCs that participated in their seed rounds or private sales, they don't go for airdrops and ask people to promote them on social media and do certain tasks or even spend money with them to get a share of the tokens they are going to generate because they don't need it.
For this reason, people barely show any interest in such projects when it comes to investing money because if a project doesn't attract any venture capital to invest in them, they probably have no valuable use case that can attract smaller investors, and such projects barely have a very long lifespan.
And, due to the fact that so many airdrops have awarded their participants with dust amounts only, most people aren't interested in participating, to be honest.
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I am not sure about other people, but I lost my interest in farming airdrops all day. Like, first we have to find good projects and work on these projects for months, and after all that, these projects do not offer good returning rewards according to my expectations. This is my experience with airdrops. You guys may have generated a good amount of profits, but my experience was not that good.
Honestly, I don't remember; what was the last time when i visited my AirDrop sheet, haha. Well, what is your experience with airdrop farming, guys?
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I came to think about this because i realized Hyperlane didn’t meet up with users expectations as per rewards, i think its high time people reduced their hopes in airdrops to avoid disappointment or do you think i’m wrong ?
I don't want to say that ALL airdrops are not valuable, but most of them are.
The problem with projects that launched through airdrops is that most of the tokens of these projects are plummeting in price because airdrop participants don't care about the project at all. What they do care is the money that they can get especially that it's free.
Just as many here, I also lost my interest to spend time joining into these airdrops. I'd prefer those airdrop that will not require you to do anything that's why I'm mostly focusing on DePin projects which don't require that much time and being a liquidity provider as well.
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I am not sure about other people, but I lost my interest in farming airdrops all day. Like, first we have to find good projects and work on these projects for months, and after all that, these projects do not offer good returning rewards according to my expectations. This is my experience with airdrops. You guys may have generated a good amount of profits, but my experience was not that good.
Honestly, I don't remember; what was the last time when i visited my AirDrop sheet, haha. Well, what is your experience with airdrop farming, guys?
With experience you can filter out the airdrops a little better
Today I'm farming around 8 airdrops in total
I'm farming bridges, restake and network
As I don't have enough time, I've stopped farming airdrops that require a lot of social tasks, such as posting on Discord, X, check in daily, etc., but I'm still going strong on my airdrops that I've focused on
My tip is to focus on the airdrop that you can perform best, if you have liquidity, go all in, if you have enough time, focus on the airdrops that have social tasks etc.
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With experience you can filter out the airdrops a little better
Today I'm farming around 8 airdrops in total
I'm farming bridges, restake and network
As I don't have enough time, I've stopped farming airdrops that require a lot of social tasks, such as posting on Discord, X, check in daily, etc., but I'm still going strong on my airdrops that I've focused on
My tip is to focus on the airdrop that you can perform best, if you have liquidity, go all in, if you have enough time, focus on the airdrops that have social tasks etc.
Well, mate, everything is about time. My time management is strict these days, and I stay busy the whole day these days, and I am getting free time just to get sleep these days, hehe. That is why I have zero idea of today's airdrop rewards. According to you, mate, airdrop offerings are kinda the best rewards these days, right? If so, kindly share with me; I will surely look into it whenever I get free time.
Other than that, I have worked on a lot of social airdrops and got minor rewards. It really needs our hard time to score as best as we can, and in some airdrops I did my best and still, after all that, I got less rewards than I expected.
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Projects that promote themselves have a greater chance of success, but the number of participants will be large, meaning the return will be low.
While projects that don't attract many people may generate higher profits, the probability of making a profit is low.
Therefore, the best strategy is to invest in projects that everyone believes will have a 70% success rate and invest in unknown projects with a 30% success rate.
Agreed, but I want to go back to the time of that bounty because it really gave people a lot of profit. Because currently most people are connected to airdrop so a lot of people work here but the reward amount is very low. However, during the bounty period there are many good projects were successful quickly and gave good rewards to everyone. In fact, due to the stupidity of some managers, everyone has left the bounty today because I think that time should have been managed through escrow. If every manager brought bounty through escrow service then everyone would get paid and today everyone would work on bounty. We want new trends to earn money for free which we can get very quickly.
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As someone who participates in airdrops alot in the past, i might have to conlude airdrops are now becoming less valuable. Personally, before i participate in any project, i do make sure to have made thorough research before engaging because we all know the more valuable a project is the more likely for investors interested in it which equals more liquidity.
Another reason why you are not seeing Airdrop perform the way you thought it should have been performing is that a lot of airdrop with bad mindset of not paying people that work for them has corrupted the mind of other ones that should have come with a transparency because if every Airdrops should have been very committed in fulfilling the promises they made, others would have also emulate from them and keep there way strengthen by always giving out to what belongs to others, so already this thing has really spread very far.
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As I don't have enough time, I've stopped farming airdrops that require a lot of social tasks, such as posting on Discord, X, check in daily, etc., but I'm still going strong on my airdrops that I've focused on
My tip is to focus on the airdrop that you can perform best, if you have liquidity, go all in, if you have enough time, focus on the airdrops that have social tasks etc.
This is often a problem because airdrops are now too much of a chore even though it's a social chore but sometimes it costs money to claim NFTs and other points like Galxe.
Yeah if you have a long time and want to focus on airdrops it's fine because there are still many people succeeding from their farms in airdrops, like in the INIT testnet there were people earning more than $50K in this airdrop.
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Well, mate, everything is about time. My time management is strict these days, and I stay busy the whole day these days, and I am getting free time just to get sleep these days, hehe. That is why I have zero idea of today's airdrop rewards. According to you, mate, airdrop offerings are kinda the best rewards these days, right? If so, kindly share with me; I will surely look into it whenever I get free time.
Other than that, I have worked on a lot of social airdrops and got minor rewards. It really needs our hard time to score as best as we can, and in some airdrops I did my best and still, after all that, I got less rewards than I expected.
Right now I'm farming:
Bridges
Layer 0
Jumper
Bungee
Networks
Eclipse
Linea
Base
Stake and Restake
Mitosis
Fragmetric
And I almost forget, Marginfi and Kamino
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There were many that were disappointed in the past from airdrops after putting in a lot of effort to profit from them. I think this disappointment is what has led to a reduced interest in it. Some people who were airdrop hunters have simply stopped hunting airdrops, while others have shifted their interest to other means of profiting from cryptocurrency, which is good. This may be one of the reasons for the underperformance of airdrops recently.
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I am not sure about other people, but I lost my interest in farming airdrops all day. Like, first we have to find good projects and work on these projects for months, and after all that, these projects do not offer good returning rewards according to my expectations. This is my experience with airdrops. You guys may have generated a good amount of profits, but my experience was not that good.
Me too. since the results of the airdrops I did were not worth it, I became quite desperate and no longer concerned about airdrops. maybe only occasionally and this is the problem.
while out there there are many people who are still very diligent in doing it and it seems to be still quite worth it with. the results. there are many accounts on social media sharing airdrop info and also the results. but it is appropriate, because every day they can probably do dozens of airdrops. so the point is more efforts, more chances to get the rewards.
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Didn't you realize that airdrop participation has now grown huge? Maybe millions of people are familiar with airdrops so don't be surprised if airdrops aren't as big as they used to be.
To be honest, it's waste of time to go for airdrop farming. Instead of that one should sell candies as that is going to be more lucrative than farming airdrops. The share one gets is very low in value, in most cases less than $5 for 2-3 months hard activity.
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Didn't you realize that airdrop participation has now grown huge? Maybe millions of people are familiar with airdrops so don't be surprised if airdrops aren't as big as they used to be.
To be honest, it's waste of time to go for airdrop farming. Instead of that one should sell candies as that is going to be more lucrative than farming airdrops. The share one gets is very low in value, in most cases less than $5 for 2-3 months hard activity.
Maybe your statement will be refuted by the airdrop community. Lol
But that's just the way it is - airdrops are no longer profitable especially with so many good times but little value.... But I won't because I still join some airdrops but not blindly.
Only in my free time.
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Didn't you realize that airdrop participation has now grown huge? Maybe millions of people are familiar with airdrops so don't be surprised if airdrops aren't as big as they used to be.
To be honest, it's waste of time to go for airdrop farming. Instead of that one should sell candies as that is going to be more lucrative than farming airdrops. The share one gets is very low in value, in most cases less than $5 for 2-3 months hard activity.
Maybe your statement will be refuted by the airdrop community. Lol
But that's just the way it is - airdrops are no longer profitable especially with so many good times but little value.... But I won't because I still join some airdrops but not blindly.
Only in my free time.
It's not about airdrop community but he doesn't know anything about airdrop. I am not too active on airdrops but I know of guys that has made fortune from airdrop. 6 figures in my present, a friend made $68k from farming walrus, this is cool money you can't make out of thin air but airdrops make it possible and many of them are free.
However, I don't mean those telegram airdrops that waste people's time because that what most people do, where they can just do there lazy thing and tap and after some weeks and months, they ask for their share of allocation and after, the project die because no utility.
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It's not about airdrop community but he doesn't know anything about airdrop. I am not too active on airdrops but I know of guys that has made fortune from airdrop. 6 figures in my present, a friend made $68k from farming walrus, this is cool money you can't make out of thin air but airdrops make it possible and many of them are free.
However, I don't mean those telegram airdrops that waste people's time because that what most people do, where they can just do there lazy thing and tap and after some weeks and months, they ask for their share of allocation and after, the project die because no utility.
Yeah maybe so....
I myself am now still working on airdrops and in the previous year I got around $2000 with many variations that were obtained even $500 was obtained in the airdrop.
About the Walrus airdrop my neighbor himself made $8000 from this airdrop who does farming so it is indeed profitable if it is a jackpot.
Ah don't join the telegram airdrop anymore it's a waste of time, now prefer retroactive and testnet which continues to be worked on.
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Ah don't join the telegram airdrop anymore it's a waste of time, now prefer retroactive and testnet which continues to be worked on.
As long as it still gives you some advantages and benefits, you can still make good use of it before it is completely gone... of course one day the method we are currently using to farm or earn money from any sector, will definitely have its end... everything has its own time, and when we have the opportunity to earn money from it, then there is no other way but to make the most of that opportunity.
If the airdrop is still profitable, then do it.. if you are fed up with all the events on Telegram that make you not so lucky, leaving it is a natural thing..
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Yeah maybe so....
I myself am now still working on airdrops and in the previous year I got around $2000 with many variations that were obtained even $500 was obtained in the airdrop.
About the Walrus airdrop my neighbor himself made $8000 from this airdrop who does farming so it is indeed profitable if it is a jackpot.
Ah don't join the telegram airdrop anymore it's a waste of time, now prefer retroactive and testnet which continues to be worked on.
And what I've been saying all along, many people say it's not worth wasting time on airdrops, but it only takes 1 of these to make up for everything
8k dollars, for example, is the equivalent of 30 minimum monthly salaries in my country
Last week I got around 200 dollars worth of airdrop from Hyperlane, it's not a lot, but I'm always getting something and the amount is worth it
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And what I've been saying all along, many people say it's not worth wasting time on airdrops, but it only takes 1 of these to make up for everything
8k dollars, for example, is the equivalent of 30 minimum monthly salaries in my country
Last week I got around 200 dollars worth of airdrop from Hyperlane, it's not a lot, but I'm always getting something and the amount is worth it
What tasks did you complete for the hyperlane airdrop??? Was it related to social media, like doing small tasks like like, retweet, follow, etc.? Or more specific like testnet, staking?
$200 is quite a large amount, especially if it can be generated from airdrops for 1 month, it would be even more interesting if there is at least a potential airdrop that can be discussed in the discussion group...
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I am sure that there are still good airdrops out there. And it is all a matter of finding out which of the many can be good candidates for value...and this is where I have a problem with as it is confusing which to participate and which to reject as there is really an avalanche of new projects looking for our attention and we only have a limited time and effort. There are actually people who are good at analyzing and selecting the best among the rest...so sad I am not good at this. Yes, there is still that can be made here but if you are not good in selecting the choice cuts it can really be a big waste of time. There will always be performers and there are those who will just fade away. That is just normal.
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I came to think about this because i realized Hyperlane didn’t meet up with users expectations as per rewards, i think its high time people reduced their hopes in airdrops to avoid disappointment or do you think i’m wrong ?
With experience of doing airdrops over the years, one thing I came to understand is that good airdrops are like needle in hay, not every airdrop you are gonna do is going to worth it but every once in a while, there will be one that makes up for all your vain efforts.
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And what I've been saying all along, many people say it's not worth wasting time on airdrops, but it only takes 1 of these to make up for everything
8k dollars, for example, is the equivalent of 30 minimum monthly salaries in my country
Last week I got around 200 dollars worth of airdrop from Hyperlane, it's not a lot, but I'm always getting something and the amount is worth it
What tasks did you complete for the hyperlane airdrop??? Was it related to social media, like doing small tasks like like, retweet, follow, etc.? Or more specific like testnet, staking?
$200 is quite a large amount, especially if it can be generated from airdrops for 1 month, it would be even more interesting if there is at least a potential airdrop that can be discussed in the discussion group...
Nothing related to social tasks, I only bridge funds using hyperlane route
For example, sending ETH from ETH to Eclipse
Sending ETH from OP to BASE
I used for some months
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Maybe we should relate their low performance due to their off season we may be currently now, just as we all know that there are seasons for the altcoins as well as that for bitcoin, but for now, if more of bitcoin season than altcoins, except for only few ones performing together at the time, however, knowing about these does not justify they may not perform any longer in the future, because there is time for everything in cryptocurrency and same as their season.
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I am sure that there are still good airdrops out there. And it is all a matter of finding out which of the many can be good candidates for value...and this is where I have a problem with as it is confusing which to participate .
Well yes, this is what happens, indeed. of course there are still airdrops that are worth the prizes, but we don't know which ones. that's why airdrop hunters usually work on all possible airdrops that they can still work on without considering the results. so I've chatted with several airdrop hunters, and their slogan is to work on as many as possible, if possible, all the airdrop info that appears, they work on it. regarding the results, they will assume who knows from the dozens of airdrops they work on, there is at least 1 of them whose rewards are very worthy.
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Well yes, this is what happens, indeed. of course there are still airdrops that are worth the prizes, but we don't know which ones. that's why airdrop hunters usually work on all possible airdrops that they can still work on without considering the results. so I've chatted with several airdrop hunters, and their slogan is to work on as many as possible, if possible, all the airdrop info that appears, they work on it. regarding the results, they will assume who knows from the dozens of airdrops they work on, there is at least 1 of them whose rewards are very worthy.
For people who have a lot of time to dedicate to working on airdrops, it's not something strange... everyone has different amounts of free time, so the maximum limit of airdrops that can be worked on is also different... There are some airdrops that must be worked on continuously or every day, while there are airdrops that are only worked on once... this also affects the number of airdrops that we can work on...
Regarding income that sometimes provides something big, until now there is still 1 in 100 airdrops that provide big profits, and looking at that value, it might still be interesting to work on all the airdrops when you also have a lot of free time...
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Right now I'm farming:
Bridges
Layer 0
Jumper
Bungee
Networks
Eclipse
Linea
Base
Stake and Restake
Mitosis
Fragmetric
And I almost forget, Marginfi and Kamino
Thanks for sharing this information, well, mate from the first list, I only know one project with the name layer 0, and in the second list I know two projects linea and base and similarly, in the third list I know about mitosis and honestly I am not farming any of them as I just had heard of these projects? other than that, those names that you aforementioned separately, I never heard of either of them.
Well, how is your progress going so far on these airdrops? And what are your expectations with these airdrops? Like, are you expecting average profits or good profits from these?
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Well, how is your progress going so far on these airdrops? And what are your expectations with these airdrops? Like, are you expecting average profits or good profits from these?
I'd say that all the ones I've mentioned are in the final stages, except for Base, which may or may not have its token and consequently the airdrop
I don't do a lot of math so as not to get frustrated later, but of all the ones I'm participating in I hope to at least get around 1.5k USD combined
That would be a “fair” reward for the effort and risk I took farming these protocols.
Are you not actively farming any airdrops?
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I don't do a lot of math so as not to get frustrated later, but of all the ones I'm participating in I hope to at least get around 1.5k USD combined
is that 1.5k for all the airdrops you are farming? you must be farming a lot then because nowadays you will be thankful for a $50 reward
That would be a “fair” reward for the effort and risk I took farming these protocols.
what is fair nowadays? you can give your best efforts and still have someone receive more than you some projects do not have clear standards of how much is being given based on your participation if you give money you get more distribution and if not then you will not have the most
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I'd say that all the ones I've mentioned are in the final stages, except for Base, which may or may not have its token and consequently the airdrop
I don't do a lot of math so as not to get frustrated later, but of all the ones I'm participating in I hope to at least get around 1.5k USD combined
That would be a “fair” reward for the effort and risk I took farming these protocols.
Are you not actively farming any airdrops?
No, mate, I am not farming any project airdrop anymore. Recent airdrop rewards have demotivated me a lot, which, as a result, has made me leave farming airdrop. There are still many projects that are added to my Google Sheet, but I am not working on all of them. Well, mate, is there any good airdrop project that you want to recommend to me right now?
Other than that, all I can do for you is that I can wish you all the best for your hard work on airdrops, haha. And if you will really get that expected amount, like $1.5k, this is a good amount as a reward. Well, I hope you may get this reward as a result of your hard work on farming these projects airdrops.