Are Airdrops Still a Good Deal?

Recently, it’s become pretty obvious that there's a big change in how people are getting involved with airdrops. A few years ago, everyone jumped on any chance to snag free tokens, whether it was from bounties or airdrops. Back then, many of them were real gems that handed out easy rewards, but nowadays, airdrops are way more strategic. They're not just free stuff anymore; these projects actually gauge community strength before making any big moves. I think it's still worth exploring airdrops. The key is to sift through all the noise and do your own research. Like, I saw that OG got listed today and its price is pumping, and now BLESS is getting ready to list too with around 5 million participants. This got me thinking about how airdrops can still be rewarding if they have solid use cases and good funding. Sure, not every project turns into something valuable, but if OG can do that well, BLESS might also have a shot. So, I'm curious, which airdrop are you keeping an eye on?

Looking forward to Metamask airdrop. There have been many concrete rumors that it is coming. Fingers crossed

Are there requirements already for the said an airdrop? I know that there will be a metamask token but I'm not aware for an airdrop. None so far but if there will be. Those are only the notable ones and that known that has a huge chance of being successful. If metamask will have its airdrop then that's it. But if not, everyone is looking forward to own that token IMO.

Also looking forward to what Metamask has in store with that token. OG protocol is one of the potential ones I've come across in a while. Still watching if the momentum would continue since it listed with a launchpool on Bitget.

There's no official requirements provided on how to qualify on their airdrop. But this article give some hints about what people should do to possibly qualify on upcoming Metamask airdrop https://cryptonews.com/cryptocurrency/metamask-airdrop/ So I guess its better for people to do those activities if they are really aiming to get a share from their airdrop so that they can possibly increase their chance to qualify. Also lets see the legitimate announcement that will came to official sources in future.

Airdrops have not existed for many years because an airdrop is a FREE GIVEAWAY that you do NOT have to perform any work for it. Basically all you do in a real airdrop is post your address and receive the free tokens. But what has existed for the past years and people falsely refer to as "airdrop" is actually payment for a work you do. Usually it is to advertise their shittoken and in return they pay you not with real money but with useless tokens they created out of thin air. So is it worth it? You have to see if the payment for the work you perform and the time you spend is worth it. I'd say almost always your time is worth a lot more than what they can pay you because you should be able to earn more real money if you spend that time doing anything else.

Airdrops were worth* a try when cryptocurrencies weren't widely known, and they were their way of promoting the project. Nowadays, there are more professional promotion methods, so airdrops are no longer profitable or worth exploring. * Before 2017

In those years you can depend on airdrops to make some profits and they use to come in handy without several tasks and hassles which are currently associated with today's supposed airdrop projects that than given out to the participants they are instead the ones reaping from the participants. I think also in 2024, it was NotCoin and Dogs that were the only projects that rewarded their participants massively the others were scamming airdrop projects.

Don't think that it worth any more and I quit from airdrop like  before 1 year i spent over 4 month collecting hamster coin on tlegram very active  every day and at the end i got 8$ which i didnt even withdraw it don't worth at all better find something else

Airdrop only worth if it's not testnet related kind of thing. Basically you got your skin in the game with capital to deploy whether for staking, trading, etc. If you are doing just testnet or any freebies, it's tough luck because there's tons of botters out there.

This so annoying for an airdrop participants to put all their hope on a project that promised to reward their community handsomely but later change mind and did the opposite. This was not something that everyone wants to see or expected and it's a good reason why we need to take note about the dishonest project team like the one of Hamster Kombert. People wasted their time and resources to participate in the airdrop but the community ends up regretting why they ever participated in the project. That was the beginning of the downfall of many airdrops and that made people to see airdrops as scam.

I absolutely disagreed with you mate. Airdrop's still worthy to try. The problem is that it's evolving so fast. It went from doing free task to the actively participated by using the real money. I'm still actively participating in the airdrop. I get 1k bucks recently just from staking retroactive (XPL). I get even 5x ROI from participating in the pre-sale by ZKC for its prover participants. It's still worthy exploring as long as we have money cuz it's not free anymore. There may be some that's offering free task to get token, but always ended with the dust.

Before that(airdrop seen as a scam by people), people had already lost hope in airdrops a long time ago after 2017. Telegram mining brought back people's hope on airdrops that they began to think highly of it for a payout. After the months of active participation and involvement, what was paid out as a reward made me realize that airdrops are still a waste of time. Nothing has changed from it, to make it interesting for people to keep partaking in it.

The difference is new projects are not ready to give up their tokens the cheaper ways anymore, they have all evolved to making you do real tasks, you can't have your way around it without breaking a sweat unlike the old days, today airdrops will ask you to make deposits, and do some bridging here and there, you can't do these without money. The sad part is you can still spend money on gas and end up with nothing, I have a brother who spent $800 on a project hoping to get massive airdrop from them, it is part of the task that participants must create liquid for the project by staking some value of coin, till today they went silent with no more update on their platform and he now have no access to the stale token since it all happened on their website. I am not trying to make people run from airdrops, I am saying you should choose them wisely since money is needed to get the best out of these airdrops this days.

But that doesn't sound like an airdrop, based on your description it seems like you made an investment (or rather made a bet) and made a profit on your capital not on free coins that you got for free without doing anything or risking anything which is the definition of an airdrop. In that case you could have made similar 5x returns on a lot of other altcoins that get pumped like that from time to time.

I don't think people lost hope on airdrop after 2017 because their was still good airdrops and bounties during that till till 2023 before everything turn to scam. Airdrops was paying then and people made money from it but until Telegram airdrops started surfacing that made more people to be aware about airdrops and that was the beginning of the delimma of airdrop participants as a result of bad project teams trying to be greedy so they can themselves make money from the community while the community struggles to get something tangible as rewards.

Good luck to that if you're looking out for that project aside from metamask token. I think it will only be a surprise if there is an actual airdrop. And I hope the old metamask wallets that we've got and the transactions we've done there before will be counted if ever there is a requirement like that.

How concrete is your source? I have tried to verify the source, but I couldn't find any credible information. If there is one coming, it's worth getting into that airdrop. I don't want to speculate, but if the qualification is based on age or the number of transactions, whales and developers will likely have a significant share. If it's a bounty-type campaign, there will be hundreds of thousands of participants. And the airdrops I'm participating in are mostly testnets. DePins are still good, but it's hard to find credible DePins.

i feel airdrops can still be worth it!! but truthfully the days of easy free money are just gone. now most serious projects use airdrops to build real communities and they kind of focus more on rewarding active users rather than just random sign ups, which is why lately you will see many people complaining of not being eligible for the airdrops, most of them just sign up and don't interact with the airdrop task requirements. the trick to farming good airdrops is to focus on projects with strong teams, funding and real world use cases!! otherwise you just end up with tokens that never gain value. take like for OG’s success shows it is still possible, but for every good one there are dozens of dead projects. look!!! the bottom line is that airdrops are still worth it if you treat them as a side hustle and not your main investment plan that can be use to gain some financial freedom.

It's still a mystery... Waiting for the time to come. Now airdrops are no longer free, requiring some of the community to spend their capital to explore the ecosystem. But the community will lose to Binance Alpha, which doesn't contribute anything at all. Lol Profitable airdrops are unpredictable—we can only continue to speculate.