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Author Topic: The end of point and airdrop farming?  (Read 3922 times)

Offline TomPluz

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Re: The end of point and airdrop farming?
« Reply #15 on: August 26, 2024, 05:52:28 AM »
Yeah, projects needs a community to survive and one of the fastest ways to build is through airdrops. The qualification and distribution have changed over the years as more and more newbies looking for free crypto. Founders and developers, on the other hand, tries to impose stricter rules to give their tokens to the deserving and limit the number of participants.

A strong and big community can be helping the project a lot to be successful in the crypto marketplace but if there is going to be an airdrop program it would be easy to assume that participants will be getting so LESS than what they deserve according to their effort, time and even some money invested. This is the big reason why many are now assessing if airdrop participation can just be a big waste of time and many will soon wake up saying a big NO to airdrops...and I can already see it happening now. When you get less than expected, the price of the coin is not soaring and even going down and then you are tied as to when to be able to sell...these can be the reasons to get sour on airdrops. The same thing happened with the bounty programs before and it is happening again.



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Re: The end of point and airdrop farming?
« Reply #15 on: August 26, 2024, 05:52:28 AM »

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Offline Stompix

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Re: The end of point and airdrop farming?
« Reply #16 on: August 26, 2024, 06:06:55 AM »
As I said before, money drying up, airdop becoming scarce and less than a hodl and let's see action like it was in the past, the ecosystem is filled with people who are actually doing it like a standard job the moment they get paid they dump it because they can't afford to keep it, it's their paycheck.
So in a market that desperately needs capital you have this happening, not the best time for them and with lower returns to the guys developing the coins themselves, it's just adds more pain to the picture.

The practice of Airdrop is not that recent, but it has gained a lot of prominence this year, mainly because of the Airdrops by Arbitrum and Jito, which gave away a large amount of tokens with a reasonably small effort

Plenty of airdrops were highly profitable but it as because they nailed the moment, right during a bull run where everyone was keeping them and waiting for a price increase and not just dumping while money was flowing. Witha  far larger userbase right now you won;t be able to drop hundreds of
billions so that each one gets even close to a thousand anymore.

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Re: The end of point and airdrop farming?
« Reply #16 on: August 26, 2024, 06:06:55 AM »

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