Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: frauswif on August 12, 2018, 02:44:08 AM
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"Airdrops are a central feature of the cryptocurrency space. The first time I participated in one I didn’t even fully understand what an airdrop was or the value of the tokens I had received in my wallet. I was brand new to the cryptospace and had read something on a social media site about a company giving out “free ETH”. I followed the link and provided my ETH address. In actuality, they weren’t giving out free ethereum. There were airdropping their token and the amount they were giving away was priced to cost .5 ETH during their upcoming Initial Coin Offering (ICO). I received the tokens in my wallet but it wasn’t until a while later that I fully understood I had received an ERC20 token that could eventually be worth something on a crypto exchange. Since then I have participated in hundreds and hundreds of airdrops and received well over 500 different tokens and coins through these campaigns. The point of this article is to share my experience navigating the world of cryptocurrency airdrops, including how I learned to profit from them and some of the scams I encountered along the way."
Full article: https://hackernoon.com/a-guide-to-navigating-the-world-of-cryptocurrency-airdrops-cef2777427db
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You have to be very lucky to receive a coin worth that much via an airdrop. Most of them are worthless shitcoins worth even less when everyone dumps them on an exchange. I've given up on airdrops now, not worth the effort except really good projects