Why are airdrop projects underperforming lately ?

[Z-crypt]

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 ?

[salad daging]

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.

[Z-crypt]

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.

[bayu7adi]

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.

[ABCbits]

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.

[albon]

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.

[rdluffy]

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

[Faisal2202]

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.

[salad daging]

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.

[debra]

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.

[Findingnemo]

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.

[joniboini]

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.

[hugeblack]

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.

[Alone055]

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.

[snowpega]

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?