Why are airdrop projects underperforming lately ?

[bayu7adi]

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

What tasks did you complete for the hyperlane airdrop??? Was it related to social media, like doing small tasks like like, retweet, follow, etc.? Or more specific like testnet, staking?
$200 is quite a large amount, especially if it can be generated from airdrops for 1 month, it would be even more interesting if there is at least a potential airdrop that can be discussed in the discussion group...

[TomPluz]

I am sure that there are still good airdrops out there. And it is all a matter of finding out which of the many can be good candidates for value...and this is where I have a problem with as it is confusing which to participate and which to reject as there is really an avalanche of new projects looking for our attention and we only have a limited time and effort. There are actually people who are good at analyzing and selecting the best among the rest...so sad I am not good at this. Yes, there is still that can be made here but if you are not good in selecting the choice cuts it can really be a big waste of time. There will always be performers and there are those who will just fade away. That is just normal.

[libert19]

...
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 ?

With experience of doing airdrops over the years, one thing I came to understand is that good airdrops are like needle in hay, not every airdrop you are gonna do is going to worth it but every once in a while, there will be one that makes up for all your vain efforts.

[rdluffy]

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

What tasks did you complete for the hyperlane airdrop??? Was it related to social media, like doing small tasks like like, retweet, follow, etc.? Or more specific like testnet, staking?
$200 is quite a large amount, especially if it can be generated from airdrops for 1 month, it would be even more interesting if there is at least a potential airdrop that can be discussed in the discussion group...

Nothing related to social tasks, I only bridge funds using hyperlane route
For example, sending ETH from ETH to Eclipse
Sending ETH from OP to BASE

I used for some months

[Aanuoluwatofunmi]

Maybe we should relate their low performance due to their off season we may be currently now,  just as we all know that there are seasons for the altcoins as well as that for bitcoin, but for now, if more of bitcoin season than altcoins, except for only few ones performing together at the time, however, knowing about these does not justify they may not perform any longer in the future, because there is time for everything in cryptocurrency and same as their season.

[sampoerna]

I am sure that there are still good airdrops out there. And it is all a matter of finding out which of the many can be good candidates for value...and this is where I have a problem with as it is confusing which to participate . 

Well yes, this is what happens, indeed. of course there are still airdrops that are worth the prizes, but we don't know which ones. that's why airdrop hunters usually work on all possible airdrops that they can still work on without considering the results. so I've chatted with several airdrop hunters, and their slogan is to work on as many as possible, if possible, all the airdrop info that appears, they work on it. regarding the results, they will assume who knows from the dozens of airdrops they work on, there is at least 1 of them whose rewards are very worthy.

[bayu7adi]

Well yes, this is what happens, indeed. of course there are still airdrops that are worth the prizes, but we don't know which ones. that's why airdrop hunters usually work on all possible airdrops that they can still work on without considering the results. so I've chatted with several airdrop hunters, and their slogan is to work on as many as possible, if possible, all the airdrop info that appears, they work on it. regarding the results, they will assume who knows from the dozens of airdrops they work on, there is at least 1 of them whose rewards are very worthy.

For people who have a lot of time to dedicate to working on airdrops, it's not something strange... everyone has different amounts of free time, so the maximum limit of airdrops that can be worked on is also different... There are some airdrops that must be worked on continuously or every day, while there are airdrops that are only worked on once... this also affects the number of airdrops that we can work on...

Regarding income that sometimes provides something big, until now there is still 1 in 100 airdrops that provide big profits, and looking at that value, it might still be interesting to work on all the airdrops when you also have a lot of free time...

[snowpega]

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

Thanks for sharing this information, well, mate from the first list, I only know one project with the name layer 0, and in the second list I know two projects linea and base and similarly, in the third list I know about mitosis and honestly I am not farming any of them as I just had heard of these projects? other than that, those names that you aforementioned separately, I never heard of either of them.

Well, how is your progress going so far on these airdrops? And what are your expectations with these airdrops? Like, are you expecting average profits or good profits from these?

[rdluffy]

...
Well, how is your progress going so far on these airdrops? And what are your expectations with these airdrops? Like, are you expecting average profits or good profits from these?

I'd say that all the ones I've mentioned are in the final stages, except for Base, which may or may not have its token and consequently the airdrop

I don't do a lot of math so as not to get frustrated later, but of all the ones I'm participating in I hope to at least get around 1.5k USD combined
That would be a “fair” reward for the effort and risk I took farming these protocols.

Are you not actively farming any airdrops?

[bitterguy28]

I don't do a lot of math so as not to get frustrated later, but of all the ones I'm participating in I hope to at least get around 1.5k USD combined

is that 1.5k for all the airdrops you are farming? you must be farming a lot then because nowadays you will be thankful for a $50 reward

That would be a “fair” reward for the effort and risk I took farming these protocols.

what is fair nowadays? you can give your best efforts and still have someone receive more than you some projects do not have clear standards of how much is being given based on your participation if you give money you get more distribution and if not then you will not have the most

[snowpega]

I'd say that all the ones I've mentioned are in the final stages, except for Base, which may or may not have its token and consequently the airdrop

I don't do a lot of math so as not to get frustrated later, but of all the ones I'm participating in I hope to at least get around 1.5k USD combined
That would be a “fair” reward for the effort and risk I took farming these protocols.

Are you not actively farming any airdrops?

No, mate, I am not farming any project airdrop anymore. Recent airdrop rewards have demotivated me a lot, which, as a result, has made me leave farming airdrop. There are still many projects that are added to my Google Sheet, but I am not working on all of them. Well, mate, is there any good airdrop project that you want to recommend to me right now?

Other than that, all I can do for you is that I can wish you all the best for your hard work on airdrops, haha. And if you will really get that expected amount, like $1.5k, this is a good amount as a reward. Well, I hope you may get this reward as a result of your hard work on farming these projects airdrops.

[Report]

As someone who participates in airdrops alot in the past, i might have to conlude airdrops are now becoming less valuable.
-

This classic reason makes sense because in any event there must be something called a valuable or worthless project, in everyday life there are also those that are colorful and those that are not. This is still normal because airdrops may also have times when they are valuable and also worthless.
The current position depends on you, whether you will continue working on the airdrop or stop now because your instincts say that the airdrop is no longer valuable. And if one day a friend of yours gets a jackpot from the Airdrop project that is being worked on now, then don't regret it, your steps are determined from now according to your wishes.

If you say that the Airdrop in the past was very valuable, then in what year did you first join cryptocurrency and work on that airdrop?
How much total funds have you collected since you first worked on the airdrop?
As a comparison, how much difference is there in the income comparison in USD between the current and past airdrops?

[lepbagong]

...
Well, how is your progress going so far on these airdrops? And what are your expectations with these airdrops? Like, are you expecting average profits or good profits from these?

I'd say that all the ones I've mentioned are in the final stages, except for Base, which may or may not have its token and consequently the airdrop

I don't do a lot of math so as not to get frustrated later, but of all the ones I'm participating in I hope to at least get around 1.5k USD combined
That would be a “fair” reward for the effort and risk I took farming these protocols.

Are you not actively farming any airdrops?

Of course, it's very good what you might get because the results are very encouraging. Maybe no one will be able to produce as much as you, because so far, it has been very difficult to get good results from airdrops.
It must be admitted that airdrops currently only benefit Devs, and it is rare to get results like you get, so be happy who have received results from airdrops and I myself have never had any surprises from airdrops.

[bayu7adi]

I don't do a lot of math so as not to get frustrated later, but of all the ones I'm participating in I hope to at least get around 1.5k USD combined
That would be a “fair” reward for the effort and risk I took farming these protocols.

Very optimistic prize pool... it seems like you registered for more than 75 airdrop projects as a participant to say that, I know it's a huge effort, but never forget the worst case scenario of some of these airdrop organizers... many of them even pay with their worthless tokens, so you will only get something worthless at all....

Let's assume out of the 75+ projects you participated, there are 3 projects that really give big prizes, and we take an average of $500 each, if you feel that's fair.. then that's about the $1.5k you mentioned...

[Aanuoluwatofunmi]

I don't expect us to anticipate airdrops performance for anything, because even after they have been launched, they mostly don't perform at all and the whole expectations were dash up to failure.

If you earn them for doing less or even nothing, then you're safe, but we should not put in much expectations on airdrops and later got other as reward, such could be so pathetic in disappointment.