Is it Worth the Time to Participate in Airdrops - Considering LayerZero

[bhadz]

There are many airdrops today, whether it is with layerzero, zksync, and the others. What matters is the time and money you will allot on it should be just fine for you. While the trend seems to be there but you cannot be sure if anything specific to these networks are going to be successful.
The market is dumping once again and surely that the sentiment wont be favorable and uncertainty is going to be there.

[bayu7adi]

There are many airdrops today, whether it is with layerzero, zksync, and the others. What matters is the time and money you will allot on it should be just fine for you. While the trend seems to be there but you cannot be sure if anything specific to these networks are going to be successful.
The market is dumping once again and surely that the sentiment wont be favorable and uncertainty is going to be there.

I think the topic this time is more about discussing time, is the time spent worth the money earned... related to this, actually every airdrop has its own luck... the main thing that makes someone feel lucky is when the prize tokens are received. airdrop participants get turns out to be expensive... this rarely happens, because it is completely beyond the ability of participants to determine whether the tokens they get will be valuable or not.

I think each airdrop has different opportunities, and if we do all the tasks of all the existing airdrops... it is certain that it will not be worth the money earned... because out of 1000 existing airdrops, there is probably only 1 project which provides huge benefits.

[Roseline492]

There are people who have been lucky with airdrops that they participated in, but they are also many people who are just wasting the their time chasing after airdrops when they should rather be trying to invest in cryptocurrency directly either by buying bitcoin or any other reputable altcoin through a strategy.

Yeah I totally agree with you because is actually very difficult to see a reliable Airdrop out there because majority of airdrop are not real, though in as much as there are more fake airdrop but there are also good ones which I have seen people withdraw from but however I wouldn't advise someone to rely on airdrop because so many people has fallen a victim of airdrops were they were ask to pay a certain amount of fees before they would be allowed to withdraw and sometimes after paying they will not be given the opportunity to claim it.

So actually likes you said instead of people to focus on Airdrop they should use the medium to invest on other good coins that has a good potential.

[Agbe]

Participating in airdrop is the risky of the participant because you will spend time to farm or mine and also your Internet data. And in must time the Airdrop will become a scam one and all your time is wasted. People are joining airdrop rampantly these days because of the Notcoin successful launched and people made it from it. So when Tapswap came, people involved in it and finally it is a scam.  Now Hamster Kombat, people are still mining to wait for the launch day to come.

[akeemqaz]

I was able to get a little from the Layer Zero airdrop because I didn't do much on the network. I couldn't sell such a small amount, so I decided to stake some with Bitget PoolX to earn more.
Although I'm still looking for another way to earn more without having to sell some of my $ZRO or wait for days when unstaking.
Even if I were to sell now, the value has already dropped.

Lucky for those who still get the opportunity to Layer Zero, because so far the participants are quite limited and there are special requirements needed to qualify for the airdrop. It seems like there is no other way, what we need to do is make this an important lesson to be more active in carrying out airdrop tasks so that the wallet we use is worthy of getting an airdrop. If the value goes down, this is normal because the airdrop participants sell the tokens they have received.

Yeah, I understand that the airdrop participants will sell their tokens, and that's why I decided to stake mine. I was anticipating a bull market and not expecting the recent huge drop. But anyway, there's still more to come for Bitcoin and altcoins. So, acquiring more $ZRO before then looks like a good idea to me.

[nakamura12]

Yeah, I understand that the airdrop participants will sell their tokens, and that's why I decided to stake mine. I was anticipating a bull market and not expecting the recent huge drop. But anyway, there's still more to come for Bitcoin and altcoins. So, acquiring more $ZRO before then looks like a good idea to me.

It's understandable to why they would sell their tokens if they only have small amount unless they have money to spare that they will have to buy more in order to stake the token for that reason. Another thing to think is that if the project who does an airdrop is legit or won't fail or even a scam project. As you may have known, many of the airdrops are scam.

[akeemqaz]

Yeah, I understand that the airdrop participants will sell their tokens, and that's why I decided to stake mine. I was anticipating a bull market and not expecting the recent huge drop. But anyway, there's still more to come for Bitcoin and altcoins. So, acquiring more $ZRO before then looks like a good idea to me.

It's understandable to why they would sell their tokens if they only have small amount unless they have money to spare that they will have to buy more in order to stake the token for that reason. Another thing to think is that if the project who does an airdrop is legit or won't fail or even a scam project. As you may have known, many of the airdrops are scam.

Layer Zero is obviously not a scam. It's been operating for a while before creating a governance token. So people selling their tokens might need money, as you have explained. Although, I expect up to 5x returns when the market recovers.

[Strongkored]

Currently I have only participated in one airdrop and have not enjoyed the results because it is still ongoing and I also don't know for sure what the results will be because airdrops are not much different from gambling where we can be lucky enough to make a lot but vice versa but because this is free then we shouldn't be too disappointed when it doesn't meet expectations

[Vx1]

If we are beginners in Airdrop, then our hopes for this Airdrop must be very high.  We hope that what we do will get great rewards, but in reality what we will experience is not like that.  Airdrops can now be said to be feasible or maybe not, because in reality, up to now there are still many Airdrops that pay.
The point is that when we do Airdrop, we shouldn't have too high expectations.
The reason is, so that we won't be disappointed if it turns out that the Airdrop we are doing is Zonk!

[Jamal Aezaz]

Currently I have only participated in one airdrop and have not enjoyed the results because it is still ongoing and I also don't know for sure what the results will be because airdrops are not much different from gambling where we can be lucky enough to make a lot but vice versa but because this is free then we shouldn't be too disappointed when it doesn't meet expectations

There is a big difference between airdrops and gambling and if someone is getting these in the same sense then they are wrong and they are missing the opportunity of getting rewarded through airdrops participation.

All Airdrops are not free of charges and most of them require money to be invested and get more reward after completion of the task but only those can get rewards that work accurately. We should participate in every free airdrops but it is not necessary that we should just concentrate on the free one but also give time to those Airdrops in which we have to invest some amount so then we will not consider gambling and Airdrops the same after experiencing the results.

[Fivestar4everMVP]

I'm aware of those who end up spending more on swap fees and require significant sums to claim. Although the diverse feedback with stories ranging from substantial drop earnings to small amounts received. Additionally, it seems that participating in airdrops can really be time-consuming.

What's the hope of Airdropers, investors and crypto enthusiasts in the LayerZero that's causing the buzz on different spaces?

I'm not seeking information on specific projects; I'd like to hear about your personal experiences with airdrops.

First, I have to agree with you that airdrops can indeed be time consuming, but on the other hand, if you can spend that on quality airdrops, it did be very rewarding to be honest.

I personally have participated in a lot of airdrop, way back from 2016 till date, and it is important we know that airdrop processes have really evolved, advanced with the growth of cryptocurrency.

Participating in airdrops require utmost care and consciousness, because fake one are many, but like I said before, If you can find and participate in quality airdrops, it can be very rewarding, someone I know personally made over $180,000 from notcoin airdrop, that is a life changing amount of money gotten for free.