Why are airdrop projects underperforming lately ?

[LogitechMouse]

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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.

[rdluffy]

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.

[snowpega]

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.

[albon]

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.

[Roseline492]

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.

[salad daging]

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.

[rdluffy]

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

[Rruchi man]

...

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.

[vegasus]

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.

[SamReomo]

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.

[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.

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.

[Gurujebs]

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.

[salad daging]

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.

[bayu7adi]

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..

[rdluffy]

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