#blockchain

AIRDROPS - do you LOVE OR HATE them? or simply don't care?

	The majority of users here on the Steemit platform seem to know more or less what crypto and blockchain are about and they are also familiar with concept of Airdrops. I'd like to point out that this post is directed to those of you, dear readers, who already have some experience with Airdrops and would like to share it with me and others.

INTRODUCTION

Today I would like each one of you to look at that topic from a distance and from different "angles” if possible. Not only as someone who joined another airdrop simply in hopes to sell tokens they've received as soon as possible just to cash out profit. Try to put yourself in the shoes of potential investors or creators/owners of tokens "distributed” by airdrop.

MY PERSONAL VIEW

Let's face it, we all like "freebies". Especially if we can cash out those freebies in exchange for something that has "real" value to us. As a person who participates in airdrops I can only see some benefits.

Also, whoever is behind these airdrops seem to be benefiting, since this kind of marketing campaign doesn't cost them anything (or very little). After all: how great is it to build your brand and pay for it with your own tokens, which may have or may not have any value. Quite tempting.

	`But how do potential investors feel?` Those who got involved and used their own resources hoping that the price of purchased tokens will grow in the long run. If I were one of them, I would feel cheated.

After all if I invest in any ICO/crypto then I would clearly expect, that raised funds will be used to cover future marketing expenses. And I would see airdrops as nothing more than "hidden costs". Pushing those costs on current investors. Someone needs to "pay for it". Markets flooded with free tokens will always react. And it won't be a reaction in favor of current investors.

I strongly believe that each crypto should be very clear and transparent about their marketing strategy from the very beginning. And all investors should be informed about the amount of tokens that will be redistributed in the form of Airdrops.

SHARE YOUR OPINION

	I would like to ask each one of you, dear readers, to tell me what you think about this particular issue. Do you consider airdrops to be an efficient marketing campaign? Does this strategy bring any valuable traffic?

How would you personally react knowing that you invested large amount of money into some crypto, hoping that it will be another great investment, only to realize that the price of those tokens are being "killed" because all of a sudden, the market is being flooded by people who received all those free tokens.

Let me know your thoughts, I read and upvote all interesting comments.

Yours, Piotr

Comments · 125

@xturna(32)· 2619d
Yeah I love airdrops... it helps a novice gain better knowlegde about crypto currency

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@bembelmaniac(66)· 2630d
i miss the most airdrops :D haha im to slow, mostly they are grabbed when i wake up :D
@mkds2012(39)· 2661d
I like them. It's what initially got me interested in crypto and the different communities.

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@vanessak(34)· 2664d
Airdrops are good especially when you can convert it to BtC which I love:)))Thank you for sharing, Piotr!
@lucyho(47)· 2668d
Sorry to be so late replying, I started in Crypto without a cent and when I saw what airdrops were promising I went for it, about 30 of them. I ended up with quite a few different wallets with tokens in them. The best one so far has been the blockchain wallet which came through with $25 US woth of Stellar lumens XLM on March the 9th 2019 . My best advice is not to pay for anything, keep a log, reassure your friends and family that you are not sinking your life savings into Crypto because of constant posts about it and change some of the tokens out to a more longlived crypto.
@rmsbodybuilding(68)· 2670d
you got 0.2 rmsfitness airdrop.
@ccnew(54)· 2671d
@crypto.piotr I love airdrops. It is not only because of free money. Airdrops helps crypto entrepreneur to become popular in quickly as possible.

Since mainstream advertising not allowing crypto ads this can help us reach the moon.

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@aracieli(5)· 2672d
An airdrop is a way to distribute money to the members of the platform, but not for all coz not all to whom who needs really they can take it. For example, I am one of the members of the manna base and I am so excited for it, every time I look at my wallet growing. Thanks crypto.piotr for giving me the importance of my opinion.
@f21steem(51)· 2673d
Thank you @crypto.piotr for your attention to us, and get a prize or award for all of us who are lucky on this occasion.

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@arunava(76)· 2674d
I have a Love-Hate Relationships with Airdrops. On one hand, I do agree that this is an effective Marketing Strategy but at the same time, there are Numerous so-called Tokens that did an Airdrop and are nowhere to a Launch.

You can also find some Airdrops that require some form of Identification or KYC Compliance and personally I feel like particiapting in an Airdrop that requires my Personal Details just so that I can get some Free Tokens is kind of a Loss for me. I would much rather Buy a Token in an ICO or Buy the Tokens after it gets in an Exchange. Don't get me wrong I don't mind giving an Email ID or my Name but still I have to weigh in factors like is my Data worth more or the Token?
@steemingmark(56)· 2674d
Please can you resteem and comment my post. https://partiko.app/steemingmark/my-steem-vision-oiykgis7?referrer=steemingmark

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@maxwellmarcusart(80)· 2674d
To me airdrops are always huge risk investment. They hardly ripe to become profitable even to the initial investors. I indulged in many different airdrops last but none came up hand and many died up.

Regards... @maxijgcomm
@digi3d(48)· 2674d
When airdrops first starting coming into play, I unhappy with them but since then places that have airdrops like in chat rooms and telegram then they are no longer that bad. They do have a way of promoting a real service (which few airdrops do) but many people freely promoting the ico/airdrop don't look into it nor use them. Tron10 tokens are used often to airdrops, rain and snow onto members in channels/rooms. There are people making money just be apart of these communities rather they talk or not, doesn't matter. So in this case, the developer gets screwed if these bots or bot like people are not doing the free promotions.

Personally I'm on a the fence but I have been learning methods used by people to find legit practices like getting large airdrops for those people to sell,brings up size of decentralization and the devs get people coming in during the ICO phases and if they become a higher give or use token after ICO and the price is no longer locked, then there should be a higher chance of continued user use/trading/buying. So, I don't know which way to fall.
@isgledysduarte(72)· 2674d
I belong to the group that does not know about the subject. I had the opportunity to participate in three of which only one paid.
@altcoindaily(39)· 2674d
I love them, I get loads from EOS and Ethereum. My Live Peer Tokens I got for free are worth quite a bit now
@wyp(52)· 2675d
I seldom participate in airdrop nowadays. Too many types of tokens, similar applications. Airdrops collected were too small in amount. It is a marketing tool but unsure about its effectiveness.

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@teenagecrypto(65)· 2675d
I don’t really care about airdrops because sometimes it can be fun and other times it could be a scam you just never know. Also how is your wife doing sorry I haven’t been communicating with other steemians for awhile
@hijosdelhombre(66)· 2675d
I think airdrops could be the new SPAM of this new era. At the same time we can't say that they're SPAM, because they give us something instead of trying to sell.

The best example of this, in my opinion, is Byteball. They give you something in exchange of interacting with their service, Byteball tries to ""force you"" to learn something new in exchange for money.

¿The worst example? All the other that doesn't use the same approach.

Personally, I don't use them, neither care about them so much, all seems very beta yet, time will bring crazy new ways to ""force us"" to use them.
@ontimepass(29)· 2675d
Yeah, I like airdrop but only legit airdrops
@khussan(54)· 2676d
If it is an enj collectible airdrop ill gladly take it as it has much more value then the enj it was minted with however if an airdrop requires me to do kyc i would probably avoid those

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@alchemystones(69)· 2676d
Well @crypto.piotr, I think they are pretty worthless, on the whole.

Certainly, people get excited about airdrops, because most people like to get "something for NOTHING," but that's also the root of their downfall. The people who come flocking in to get "free stuff" tend to be freebie hunters rather than serious investors. What I mean is, they are not useful to the organization offering the airdrop because because they will probably never actually buy into the token — or the associated concept — with their own money. They just want their "free cash" and go.

To me, there is also a negative image problem. When you are giving away millions and millions of tokens for free you're also sending an "invisible message" that your project doesn't actually have enough value by itself to generate interest. Which leads me to ask myself the question "why should I even INVEST in this?"
@akdx(70)· 2676d
I think it is always pleasant to get freebies if it actually work but sometimes it may be a matter of great disappointment when one see that the value of the airdrops he got, dropped drastically and ultimately turned into dust.
@chrisaiki(67)· 2676d
Airdrop is a marketing tool. At the moment I m particularly found of Onfocoin that can be mined by networking only. https://my.onfocoin.com/connect-social/code?code=chrisaiki It takes time to understand and to use a new project, so airdrops is a fair way to reward a new user. From the investor point of view, if the airdrop is efficient to market the project, then it is a win-win process. I am dispatching 99% of Ventureo by aidropping this specific crypto to nonprofits. http://ventureo.solutions
@madelinewolpert(25)· 2676d
I like it, I remember when KuCoin launched their 2.0 platform they offer their users a free trading fee not an airdrop but it helps. See the added features here; https://www.kucoin.com/news/en-KuCoin-Platform-V2-Upgrade-Complete
@jackramsey(61)· 2677d
Greetings, I strongly agree, "I strongly believe that each crypto should be very clear and transparent about their marketing strategy from the very beginning." It is always frustrating to learn that we are conned, when all we want is to earn honestly. Especially when we spend our time and energy and expect for the best. It also affects our point of view where we will think that others can go away with this as nothing happens.

Regards
@adewararilwan(59)· 2677d
Hello coach @crypto.piotr Sorry i came about your memo very late due to the fact that my laptop and phone got faulty at the same time which is very annoying and outrageous. Lol.

I enjoyed the post and this remind of many times i have done different airdrop. But the results seem not to be encouraging at all because at the end i felt cheated. I spend much internet data and much cost in the expense of expecting a good and profitable result but that was not the case at all.

Lot of stress, cost, time was wasted! And most of those that even distributed have no value in the exchange market not to talk of eveb existing at all.

Down to my conclusion i see this has a total waste of time in distributing coins, in my view its just a gimmick way of gaining more traffic into the airdrop website.

Though some could be encouraging but the way it drops in the market value is so annoying and discouraging.

Regards! @adewararilwan
@arslan786(62)· 2677d
It is free money but it actually decreases the price of coin.

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@alz190(57)· 2677d
I look forward to airdrops. The free money is good and more than that it is a good way to get a close look at the project and how the team is managing the airdrop is an indication how they would run the project. @crypto.piotr thanks for inviting me to this post with your memo
@steemingmark(56)· 2677d
Free coins ate pointless might as well have some sort of earned value. Especially don't like paid airdrops too would never buy in to that to risky.

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@andyjem(55)· 2677d
Lets put it this way Piotr, I had an airdrop of XLM. Which has gone up already. It came through my Blockchain wallet and it was a nice supprise. I dont go chasing airdrops though. Its a real pain having to keep opening new wallets. And then keeping the keys safe and where i can find them. 😁

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@rentmoney(77)· 2677d
Most are effortless to join so why not. You never know what coin will go to the moon.
@edgarare1(68)· 2677d
Hello my friend @crypto.piotr

About Airdrops .. it sounds like a free coin, no investment but you have to do some actions to get something..!! It sounds like as easy but I think it is not ..!!!

Investors have to invest time and trying to convince someone else that airdrops is a good ways to get something better. In this case getting some coins for “FREE”, this days are many tokens and I’m sure will appear more ..

Every token is in risk because markets flooded, every token is going down.

If people decide to invest in airdrops is because they have a lot of money to get new coins with a similar value of their balance...

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@tarakins(43)· 2678d
It's a good way to promote and draw attention, I always take a look see. I don't often go hunting for them but it's a nice way to discover new content that I otherwise might not have been interested in. Good article. Thank you.
@deminan97(25)· 2678d
For me, I don't really prefer airdrop because most of the times, once the airdrop has ended, the price for a particular coin will be fluctuated for how much people has been dumping it.
@sughey(60)· 2678d
It is very sad seeing it from that perspective, that unfair for those who pay a token, that after a while others get it as a gift and your investment becomes just salt in water.

Thanks for sharing!
@josegilberto(61)· 2678d
Dear @crypto.piotr

Español Pues, obviamente me sentiría estafado. No había considerado los airdrops en esa forma. No soy inversor sino asalariado y eso da diferente forma de cer esas cosas, pero.. lo cierto es que cuando hay esos regalos de monedas, o cuando yo los he visto es cuando hacen introducción de una nueva moneda. Me ha llamado la atención que, usualmente, esas monedas pierden su valor muy rápidamente.

English (Translation) Well, obviously I would feel cheated. I had not considered the airdrops in that way. I am not an investor but a salaried worker and that gives a different way of making those things, but ... the truth is that when there are those gifts of coins, or when I have seen them, they introduce a new currency. It has struck me that, usually, these coins lose their value very quickly.
@marlui(52)· 2678d
Upvoted, resteemed and promoted your post. I see many people use bounties. I'm nort so clear about that.
@xmauron3(63)· 2678d
I believe airdrops are part of free market. People should be free to do whatever they want, unless there’s something shady like lying about the real business situations of purposely scamming. It’s a good incentive to airdrop. Think about old times when companies used to distribute small gifts

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@paulswansen(47)· 2678d
I use to see many projects and new coins to the crypto space, offering airdrops. Now in the second quarter of 2019 not so much. I've never been that much involved or a fan either way of the airdrop. I've enough of a challenge dealing with my own wallet. Desiring to find airdrops to fill my wallet occurs to me to overlook the larger perspective of the blockchain and cryptocurrencies.
@deathcross(78)· 2678d
I have simply no time for the crypto number 4689 or 5671... they have all other wallets, knowledge, special conditions. https://steemit.com/bitcoin/@deathcross/more-coins-in-the-crypto-crypt-i-invite-you-to-a-time-travel
@fycee(60)· 2678d
Who wouldn't want FREE money! We should always remember that the things which are too good to be true mostly have a big catch in it. The best every freebie in the history of cryptocurrencies is the Bitcoin Fork which led us to acquiring Bitcoin Cash just by holding BTC inside our wallets. I have also been into Airdrops last year but just stopped because for me i have just wasted my time there. I am also weary about submitting KYC to suspicious sites other than we clearly know for ourselves it is worth getting verified. Registrations using Google docs are also frightening coz it might just be a phishing site. Most FREE-bies given from exchangers as platform coin bonuses will just have to offset the trading fees you will be charged in the long run.
@belkisa758(76)· 2678d
Greetings @crypto.Piotr, i have read on investment in the ICO and the riskiest thing i see is the lack of security provided by the investor. I am ignorant on the subject but, what little I can say you would on the uncertainties as to whether the investment will be guaranteed and that does not make anyone therefore, investing means, take risks and assume risk is part of this ecosystem. Thank you for allowing us to participate. Special greetings from Venezuela.
@carbodexkim(54)· 2678d
Hi ! @crypto.piotr.

Sorry what's off topic. I sent you an email. I ask you to help me in one question. Thank.
@aggamun(63)· 2678d
In my opinion

I don't like any airdrops because I didn't get any profit from them. Last years I spent on my time for airdrops. But I think they had pointed the weakness of the entire blockchain system. If all airdrops were successful last year, no one can stop the blockchain system. :)

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@animaya(56)· 2678d

Let's face it, we all like "freebies". Especially if we can cash out those freebies in exchange for something that has "real" value to us.

This is exactly how I feel. Besides it is a good way to understand the project and I am all for it.
@blueeyes8960(71)· 2678d
I think that airdrops can have a positive marketing value, if dropped in small amounts per person. Enough so that the receiver is curious about the coin and wants to learn more about it. If it's a small amount there is no benefit to trying to run to the market with it, but if you research the coin and decide it has potential there is every reason to keep it. Maybe even invest more in to it. I received a large airdrop of Stellar Lumens around the end of 2017 when the market was booming. It was over $4,000 worth! I sold them, because it was a large amount and I didn't know anything about XLM, I just took the money and invested it in Bitcoin. But I have received small amounts of other coins, that I have looked into and kept. I do not think it profitable for the company or the early investors to give away large amounts to individual. It only crashes the market.
@aljif7(74)· 2678d
I don't really care about airdrops. I feel like is a promise you cannot see how it is advancing. And later, come to the market just to fall the price.
@cryptogee(76)· 2678d
As far as I was aware airdrops happened at the beginning of a token's life to promote it. I have had a few airdrops like this, though I guess if I had invested lots of money in something, only to see them given away for free, that would annoy me.

Cg
@equipodelta(80)· 2679d
Hello Crypto, personally I can tell you that I was a tradder, hunting airdrops, it was something too exhausting for me, it was very difficult to find a place that accepted the exchange and at the same time it looked bad, because they gave those "gifts" with the Intention to support your project, but the vast majority just wanted to get out and out of there.

Generally, those who give them, block them for a while, some "invest and buy the token" that increases their value, but then the same day, in a matter of seconds, they release the change or withdrawal, people go crazy, changing and selling and that causes his fall from which he hardly recovers.

So many promotions end up being scams, they offer and they say they are stable and good projects, people invest and then they leave with all the profits, they disappear, personally I understood that in both parts it is scam, I do not like the airdrops, I prefer the projects that consolidate at once, instead of those that offer a lot and end up giving little or nothing, or do what everyone does, change, charge and forget about that page, this last is just as ugly.
@maxbow(53)· 2679d
Before introduce a airdrop . I first take it in a exchange site where it easy to listed. Then runing campain of airdrop. Then participant and investor have strong trust about this airdrops.

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@danielfs(58)· 2679d
Well, don't like to chase airdrops, but i receive offers. In that case, I do some research to the project and its potential and then join the airdrop (if the project looks good).

The only interesting airdrop that I found this year was Pundi X, however their airdrop is not free at all because you need to purchase their tokens to receive more tokens. Until now is working fine, but at the end of the airdrop I'm afraid that lot of people want to sell their earned tokens creating downward pressure to the price. So I will wait if price recovers after that.
@niel96(70)· 2679d
@crypto.piotr since 2 weeks i get an error every time i try to reply on a comment from you. The problem is with your username, because there is a "." in your username steemit has a bug i think.
@jphamer1(62)· 2679d
I prefer coins which are mined into existence. The rest are creating money out of thin air IMO. Energy based currency FTW.
@minerthreat(51)· 2679d
I think Airdrops (when done right) are / can be an effective way of marketing in the crypto space. I think that Stellar's (XLM) give-aways are an extremely effective way of encouraging adoption / use of their platform. #xlm

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@knircky(73)· 2679d
Free money? I’ll take it.

I think it’s a stupid way to distribute coins however.
@awfunn(39)· 2679d
Hello @ crypto.piotr. We do not know much about airdrops but with what we have investigated we believe that this depends what a person knows about how to do marketing with airdrop is a great benefit and for investors also and as it says @ huseyinunozkan16 in one of the comments: it can be a risk for the companies and good for the buyers, but I also believe that with an ICO launch as the case of "The DAO" it is 100% dangerous to invest and also a risk that I finish with the company, I believe that I do not love them or hate them simply they exist and serve for many and for many others do not.

Hola @crypto.piotr. Nosotros no sabemos mucho de airdrops pero con lo que hemos investigado creemos que dependiendo lo que una persona sepa de como hacer marketing con airdrop es un gran beneficio y para los inversionistas también y como dice @huseyinunozkan16 en uno de los comentarios, puede ser un riesgo para las empresas y bueno para los compradores, pero también creo que con un lanzamiento de ICO como el caso de "The DAO" es 100% peligroso invertir y además un riesgo que acabo con la empresa, creo que no los amo ni los odio simplemente existen y sirven para muchos y para muchos otros no.
@hbib(45)· 2679d
As far as my little knowleg 95% of airdrop are just to make people buy token who have no value at the end so someone really need to do a lot of research before get involved in it .

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@manuelgil64(71)· 2679d
Wow @crypto.piotr What a big problem! Certainly I had never placed myself in the shoes of the long-term investor, personally I could describe myself as a "bounty hunter" in the short term, hoping to sell the tokens I receive as quickly as possible, which I do not always get because in many occasions the main exchanges do not include these new cryptos in their listings to be able to transfer them in a prudential time.

On the other hand, I consider that the Airdrops are an excellent marketing campaign that allows you to make the product known at a relatively low cost, because as you say in your post:

After all: how great is it to build your brand and pay for it with your own tokens, which may have or may not have any value. Quite tempting.

Greetings from Venezuela
@yashny(70)· 2679d
I think airdrops are a good strategy to market tokens that are newly introduced. However, I don't think it serves much purpose if it is done later on when there are existing investors as it can hurt the value of the tokens unless it is an established token where the value is likely to rise back to where it was before the airdrop.

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@ahmadmanga(75)· 2679d
I have the same opinion, I don't hate airdrops but I can see how they're bad for investors in whatever project's ICO.
@red-rose(52)· 2679d
Hey my best friend i do not like the airdrops i think they are just scam and wast of time i tried dozens of them and once the money in the developer pockets, they vanaish same as gone with the wind !! i am sorry to say this but really i do not care about any airdrops, even i jump and i do not read their white or pink or hot sexy greedy papers.

your post is a good sign to make real analysis ...

resteemed

and

upvoted
@felipejoys(74)· 2679d
It's only efficient if they target their audience appropriately instead of simply giving it out anyone, unless it's a really low-value amont of tokens.
@arcange(79)· 2679d
Congratulations @crypto.piotr! Your post was mentioned in the Steem Hit Parade in the following categories:
- Comments - Ranked 6 with 64 comments
- Pending payout - Ranked 5 with $ 112,3
@paulcesna(53)· 2679d
Hi @crypto.puotr! Thanks for sharing your link and for such an informative post about crypto. Your post really opened my eyes to the bare reality of the real marketing schemes of these crypto tokens. Somewhat I agree on the points you have emphasized on this post. Why? I personally had experienced this when I bought an amount of tokens for myself in the high hopes of gaining bigger return if these token's price increases. But to my big dismay, I lost a huge amount of money because the real market value of that token went down successively leaving my invested amount into nothing. I was really puzzled for what happened. But with your post, now I learned and realized that this maybe the possible reason for it. At first, I thought that this AIRDROPS were being very generous, now I know, they are the ones who are killing the real market.

Thanks for adding me some knowledge. Mabuhay from the Philippines!

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@bidesign(64)· 2679d
No. Because when you follow these. You just feel tricked in the end. Never gain anything from any airdrop.
@botefarm(70)· 2679d
I believe there is a place of gaining by either staking the crypto bought by investors in order to make profit for them.

Let's assume a new project is out, and investors are buying, now, new project makes it possible for such investors to stake there investment, eg, Steem and steempower and delegating Steem Power for reward, whaleshares with whalestakes, EOS and staking and so on. So if the project currency value goes down, they can be pacified by the return coming from staking.

For hunters of airdrop, those guys don't have anything to loose.

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@fitinfun(72)· 2679d
I will always take free money, but I do not give away my info unless I have some reason to need or trust the place. I'm not thinking about whoever got in there first or the macro-economics of the thing.

If it looks good, is not hard to do, and I can cash out in some manner. I will take it. Crypto is the Wild, Wild West of our day, and that is why I am not an investor except in time. None of this is stable enough yet for me to think of it as an investment. However, I am very glad to live off it while I can, and hope it gets better as time goes on.
@detlef-s(68)· 2679d
İt is too many airdrops, it macke më crazy.

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@jjqf(71)· 2679d
Greetings @crypto.piotr this topic has many possible points of view, I will try to apply what I haveto the moments I've seen in my career (because I'm still studying hahaha) but in industrial engineering, it's about seeing everything in several angles depending on the needs. In this case, I would start from the point of view of who receives it, these (I include myself in some not many because I do not usually participate much in them) airdrops are sometimes opportunities to take advantage of those cryptocurrencies that are about to leave, basically if you get Many referrals you practically make some money, and more if it is free, as you said to those who do not like gifts. From the point of view of the investors, I like you would feel something wrong, because although it is true that not all currencies have high values (as in some cases they promise) to go injecting large quantities of these into the market or simply create them (to distribute in the airdrops, but not for sale), generates something like a kind of depreciation or loss of value in these and more when they tend to have inferred values, then I as an investor would feel cheated or even cheated because Although it is true that it is a marketing strategy, we should have very well established limits and not creating coins right and left (which is the case of many airdrops where they give you 1000 coins, of course if you see it from the micro is not much but to think of 1000 people (to put a minimum amount) that take advantage of this airdrop and go for many coins given ...) From the creator because it simply looks for two things, attract traffic to your page in which potential financiers can come or simply users who want to buy some coins.
@fjjrg(54)· 2679d
Dear friend Piotr. As an investor I hope that the amount of my investments will return with a fairly fair profit margin, which makes the negotiation feasible, the fact of "losing" money is not something that many people like, even knowing that all investment is a risk .. Now, as a Marketing Officer, any form of communicating an idea, a product or a service is considered an advertising or communication investment. The more people talk about it, the more the message is coming, whether they speak well or badly. The market for cryptocurrencies is already very saturated, and many people want to invest heavily in advertising campaigns to "promote" their crypto. Within the costs of promotion is that of the free placement of a number of currencies for the receiving users to use them and prove their efficiency, in the same way it is a risk to invest in any of them. Of course, some are already highly positioned. Recalling a bit, the bitcoin, when it came out, at first nobody believed in the value that would match with time, so it was economic sumaente. It is already a matter of decision on the part of investors to risk or not. See you soon.

Estimado amigo Piotr. Como inversionista aspiro a que el monto de mis inversiones retorne con un margen de utilidad considerablemente justo, lo cual hace que la negociación sea factible, el hecho de "perder" dinero, no es algo que le guste a mucha gente, aún conociendo que toda inversión es un riesgo.. Ahora bien, como Mercadologo, cualquier forma de comunicar una idea, un producto o un servicio, se considera una inversión publicitaria o de comunicación. Mientras más personas hablen de ello, quiere decir que el mensaje está llegando, así hablen bien o mal. El mercado de las cryptomonedas está ya muy saturado, y muchas personas quieren invertir fuertemente en campañas de publicidad al respecto para "promover" sus crypto. Dentro de los costos de promoción está el de la colocación gratuita de un número de monedas para que los usuarios receptores las utilicen y prueben su eficiencia, de igual forma es un riesgo invertir en cualquiera de ellas. Claro está que algunas ya están sumamente posicionadas. Recordando un poco, el bitcoin, cuando salió, al principio nadie creía en el valor que tomaría con el tiempo, por lo que era sumamente económico. Ya es cuestión de decisión por parte de los inversores arriesgarse o no. Hasta pronto.
@quotes-haven(69)· 2679d
Howdy @crypto.piotr,

I am one of those 'one beer short of a six pack', as well as tech challenged guy. I have heard of airdrops before, but I didn't look into it. Sorry that I couldn't comment any more on that. :-)
@wakeupkitty(72)· 2679d
I live in a country where people 'buy' and save since ages. Stamps if we shop, tank, etc, etc. It is a way to make money, buy stuff, earn a part of the business. Name it you find it with us.

It is a way to advertise but also to make money for both sides. As long as the system works for both sides I don't care if token are given for free to some people (it is not really for free I noticed they want a lot of your personal info and you have to advice it to others which was twice a reason for me not to accept the free tokens/Stellar in this case).

Posted using Partiko Android
@drakernoise(63)· 2679d
Hi piotr,
- Marketing tool
  I think It depends on how it's designed and the way those companies put on production their White papers. There are some of them doing It quite nice such Stellar, Byteball and others... You need to be consistent and persistent moving your product over the market. In this gaseous reallity in which all are moving nowadays ( crypto markets aren't the exception) you need to be constantly over your clients in order to get them engaged or they'll simply forget of your project or will be seduced by others. So __YES__ they can good as a marketing tool but It depends on how you use It.
- Investor
  I'm going to "invest on something" and I'm one out of three :
  1. I'm a blind very rich and bored dude (Investor): I don't care too much on getting deeply informed of the project. I make a quick read on their White paper and put the money I think it's worth. I keep investing till I'm bored again, then I throw the laptop away and go to take my plane and fly to London to have a crazy weekend... 😁
  2. I'm an Investments Company : We have the means, experience, human-technical resources and money to deal with markets volatility. We'll follow our protocols in order to open positions on those assets that fit our portfolios.
  3. I'm an individual, normal person whith maybe some to no savings: I'm always very cautious about putting money on something no matter if it 's a new car, my next dentist visit or investing some money excess on a new ICO. I always first digg into the bunch of docummentation regarding the project. Why not asking other Friends that I trust for their opinión?. Finally I'll take my decission on whether to invest or not. I'm well aware of how the Airdrops will occur and If I'm invested It will depend on how long my positions are the confortable I'm feeling on how things are going. To illustrate It: I'm in this last group. I'm invested in Steem and as I'm a long run Investor I'm quite comfortable on how things are going as I don't care about volatility. The same I could say about Stellar. I never put money I don't already have (I'm never leveraged) and it's "extra" money I don't need to live. I won't feel cheated if the project follows the path stated on their docs. I'll keep an eye regularly on how things are going and be ready to take action if necessary.
Maybe It was a big comment, hope It won't bore you.
Hugs
@olivia08(73)· 2679d
I love airdrops but all my airdrops was gone. my phone is stolen and I have no idea how to retrieve. All my friends have benefits in airdrops and they also gain and sometime lost it.

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@orhansarikaya(57)· 2679d
Airdrop has lost his popularity. Now I think the projects that make airdrop is scam.

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@cosmophobia(68)· 2679d
@crypto.piotr Congratulations on another excellent article. I have no pros or cons with airdrops some folks like it others don't.
@willspatrick(64)· 2679d
Hello @crypto.piotr Airdrop has it good and bad sides. Most of the airdrops are total waste of time, in the sense that most of those coin never warrant to something. So after doing a bunch of task, I end up with a worthless coin. On the other hand, airdrop helps create awareness to the public about the coin. So airdrops are not a bad idea in my opinion.
@joanstewart(75)· 2679d
When used in marketing it may achieve desired result, not many I have seen have accomplished this, but then in all honesty I don't support that many crypto's only using the ones with good projects.

Jumping around from one coin to the next to make a "buck or two" in my opinion does not add value to anything
@justinchicken(66)· 2679d
I hear that most Airdrops are for cryptocurrencies that fail. I've tried a few times to get some free tokens, being a pauper. Most of the time, the hoops you have to jump through are not worth the time and usually something fails along the way. I probably need a new computer. But, this week, I got two air drops, one was pretty substantial! One was for the exchange, Blockchain, I got 500 stellar, as they recently added this crypto to their exchange. The other I heard about on Partiko, for a new Singaporean exchange, Bitribe, I got 50 of their tokens for joining the exchange. I think Airdrops can be great for spreading the word around the crypto community not really outside of that though, especially for sharks looking for an easy pound.
@chirag-parmar(28)· 2679d
If we were not considering what the investors or people receiving the airdrops feel, I will say that this is the oldest marketing trick on the table. (free Spotify for the 1st month)

AIRDROPS as we know them are purely marketing strategies to penetrate the crypto market. And in my opinion, if I am an investor, I would completely support AIRDROPS. Why? Because AIRDROPS level up the current marketing game. In conventional freebie marketing strategies, businesses give out their product for free and hope that the customers would like their product and continue using it. Although under the AIRDROPS strategy you are giving away tokens (a.k.a, in some sense, shares of the company) and not your product. So if the person receiving the tokens wants to maximize it's value, the best way would be to promote the product. It kinda takes the shape of a referral program marketing strategy.

Here is an analogy. As an investor I would give a few dollars for free to increase the worth of the dollars I am holding. And I know that giving away those free dollars will increase my dollar's worth because the receipient has to promote my dollar's to get the value out of his dollars.

(Dollars were probably not the example to be taken but who cares they are doubling themselves in my account XD)

On the other hand, as an investor I would definitely want to know the distribution strategy of these tokens before hand. And this is why I agree with what @crypto.piotr had to say in his last paragraph.

This is my perspective on AIRDROPS it can be wrong, it can be correct. As my professor at Berkeley used to say, "Always do your own due diligence."

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@doifeellucky(65)· 2679d
Hello Piotr, I think if the project isn't transparent with planned distribution of Token via airdrops upfront they are cheating the investors.

The worst example in this regard to me is TenX IMHO. From the start they promised returns on the token that they later could not deliver because of regulatory issues, credit card providers (TenX should provide a on/off ramp to/from crypto by own credit card with own wallet) that changed or moved out of the business relation ship with TenX and so on.

In 2018 they then came up with the following solution to provide the promised returns they will build another token that will be distributed to TenX holders but - and here's the big catch - only to non US citizens and all the others that want to receive this secondary token must got through KYC also. So no secondary coins for me since I'm US citizen.

Other projects that laid out a token distribution plan that includes Airdrops to ETH holders for instance (we all have seen this with a lot of projects where the only thing that qualified you for the airdrop was to be an ETH holder) seem to be alright in that matter.

On the fly without stating airdrop intentions is, and here you are completely right (!!!), definetely cheating the investors!

We could make a really big list here but most prominently in the recent past there was Tron with their BTT Token. Very questionable IMHO.

So all in all... I like free money but I like full transparency in projects more!

Still I'll participate in some airdrops nevertheless regardless of transparency issues, because it's like leaving money laying on the ground and being too lazy to pick it up if not.
@videoaddiction(72)· 2679d
@crypto.piotr I had already commented on your post. Have you seen?

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@klye(75)· 2679d
Personally think airdrops are a great way to spread crypto currency and brand awareness!
@f21steem(51)· 2679d
Hello my friend @crypto.piotr, and I am very happy to get STEEM transfers, although not too much. In one week only got 0.003 for me, thank you for your attention.

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@shanghaipreneur(72)· 2679d
I don’t like ‘em one bit! They just create sell immediate pressure on the token! However, if there was not an ICO involved in distributing the token, then I think they’re great because even though most people will sell such airdrops as soon as possible it does create a wide distribution for the token that is very beneficial, especially if you indiscriminately drop tokens on random addresses (rather than providing a punch list of items to do before receiving the airdrop, you know those people are selling!) that will have a double benefit to existing token holders - 1) more people will know about the project, which could increase demand, and 2) if tokens get distributed to dead addresses, that will effectively reduce supply. Increasing demand and limiting supply are kind of the whole point, right?
@huseyinunozkan16(61)· 2679d
In my opinion airdrop is a good strategy to advertise tokens. On the other hand if a company wrongly calculate the rate of airdrop, token price may be too low or high. So airdrop is good for buyers but a big risk for companies.

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@zanoni(66)· 2679d
Most of the airdrops are wasted time, many projects and tokens are without any value. I can remember the SATX airdrop of Satoexchange for example, still no value, most airdrops and the projects only try to collect money. For sure there are some valuable projects, but 80% aren't. Have a wonderful day Tom

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@steemmillionaire(70)· 2679d
I have a mixed feeling about airdrops: they are great as you get introduced to new ideas, but sometimes the amount of information they require from you are something that makes me nervous to share..

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@pixaroma(72)· 2679d
For me is first time when i hear about airdrops :)

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@ganjafarmer(76)· 2679d
Still have my byteball airdrop. But mostly just ignore them because really it's not worth the hassle

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@wizardzmusic(65)· 2679d
I avoid the air drops tried one or two, but in all fairness half the methods in order to obtain and or enter the account after signing makes it hard for newbies so since bitcoin black never dropped my my air drop coins I refused to partake any longer in air drops.

The same applies to byte coin I joined and not air drop I bought some not much they never transferred off to my balance and stole the money, so to be fair I purely stick to Steem and choon etc

Posted using Partiko Messaging
@howtovids(51)· 2679d
It Depends upon the airdrop
@dses(58)· 2679d
Honestly, depending on what kind of air drops, and its purpose. If the proposed technology is actually usable and potential for practical use outside the designed ecosystem (like games for example) then the air drop is more worth looking into.

(I am a practical person haha)

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@zylad(40)· 2679d
@crypto.piotr I really feel the Airdrops help most of the would be Crypto lovers grow strong Love for the Crypto world. And as well helps those of us the Newbies know more about the market.

Posted using Partiko Android
@intellihandling(64)· 2679d
Dear Piotr, i think airdrops need more efford than what you really get after it, it look like kind of faucet system, something really not interesting comparing with the time you have to spend on it, so simply i do not care about it....
@darthgexe(67)· 2680d
I like airdrops when they represent true money that I can collect.
@praditya(67)· 2680d
Hey @crypto.piotr
Hope you are doing good! That indeed is a topic which needs to get some limelight. I guess talking about airdrops, they do entirely for promotion purposes. which somewhat is good and also is beneficial for people who recieves them. but sometimes its hard on the buyers of that token too. But promotion is necessary too. Anyways keep flourishing.
@runicar(73)· 2680d
Hey @crypto.piotr,

interesting perspective from the point of view of an investor, I never thought about it in that way. It does seem quite unfair to investors to devalue their investment by giving away free tokens which others paid for. Disclosing the details of such actions before hand would be the logical thing to do for all ICO's.

We should demand it implemented as a standard piece of information ICO's and IEO's should disclose before going live with the first sale.

Have a good one,

Cheers!
@chireerocks(75)· 2680d
@crypto.piotr, Airdrops are really effective and in this point there is no doubt but the first question arises, Airdrops are empowering people or restricting them?

In my opinion nowadays Airdrops are restricting people who are not able to invest anything. But initially when Cryptocurrency brought into the picture and establishment idea was different but now we are moving away from it.

It's time to bring the true idea of Airdrops and with that projects which have real use case so that people will feel to invest their time in it, otherwise we are spreading the mess in Cryptocurrency Economy and then Scammy Projects can take advantages of this mess.

And participating individuals should also gain the knowledge because in this way they can measure their investment ideas and they can better analyse the use case of particular project.

Stay Blessed.
@alokkumar121(82)· 2680d
Hi @crypto.piotr Thanks for sharing this post as I have been waiting for a post since posted a long back. You know I check your account daily to see if anything new is posted because the last one you posted 3 weeks back. I love reading your content. So talking about the topic which is airdrop . Currently I don't do airdrop as I feel it's waste of time and I don't get anything.

If I remember correctly then I haven't done any airdrop since more than six month or so. In the beginning of year 2018 I had applied for so many airdrop that I can't even remember so prepared a list but then I realise that I am not getting anything in return and Just signing up and linking my Facebook, twitter and telegram accounts.

I didn't get benefit from any of the airdrop till now. I think it's the cheapest promotion of the project as they're paying something to users which has NO value but user is doing because he is optimistic about the future.

In the name of so-called airdrop project's marketing team saves the cost of their promotion and get it done through the people for spending their useless tokens.

I remember the last airdrop I did was AVINOC last year and I got some 298 tokens but value is almost nothing.

So if you're asking for my view about it then I would say I don't care and not at all interested to do any airdrop. Thanks friend and have a great weekend.

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@lanzjoseg(78)· 2680d
Dear friend @crypto.piotr

Some time ago I asked some friends about it because I didn't know much about it. They told me that one of the negative parts of this AIRDROPS is that each one has its own wallet and that created conflict because every time you get a new one that you want to take advantage of you must install either on your cell phone or computer the apps to handle that new wallet, plus the little performance they see they have, in addition to that many must wait a good time to see the performance or usefulness of the AIRDROPS. Particularly I only once installed an AIRDROPS and that was a BOOM here in steemit, as it was given very good promotion and really had a great reach especially in the Venezuelan community,
is called Byteball, many at the time adopted it, they the creators of the Byteball used a strategy in its launch offered an amount according to the retputation that the user had at that time in steemit, at the time of installing the apps in the cell phone and then after a year in the same date you would deliver again another amount equal to the first time.

That's my only experience with AIRDROPS.

Greetings from Venezuela, my friend.
@tadeoguerra(43)· 2680d
I have some kind of mixed feelings about airdrops. Why? Basically I have had luck with some of them (BAT, stellar, Obyte - formely Byteball, LOCtrip - ERC20), but other are just waste of time especially the bast majority of ERC20 tokens are just scam, they just want to get some free advertisement from the people tryng to earn some free coins of their distributions and in the end they don't give you a penny!
@mariluna(68)· 2680d
hello friend is an advantage for some and disadvantage for other unique aidrops in which he participated and I was fed as a byteball and good avinocs but has not grown much greetings from venezuela help me with some steje jejejjejejeje greetings from venezuela
@steallion(63)· 2680d
i love airdrops .. cause i got much from hydro airdrop ...
@steemitboard(66)· 2680d
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@juanmolina(70)· 2680d
I liked the airdrops!

It's like playing, and in return they pay you to do it. The small "tests" that are established do not represent any risk for the participants. I consider that these tests only represent a psychological factor. This indicates in some way that: "I'm not giving you a gift."

I remember there was a time when I "hunted" the airdrops. I used tracking and information platforms. This caused that then I had a lot of ether addresses with a whole zoo of chips of little value.

Those who got involved and used their own resources in the hope that the price of the chips purchased increases in the long term. If I were one of them, I would feel cheated.

The projects establish in their "Whitepaper" the policy of distribution of the Tokens. That includes the season of Airdrop. Then, as an investor, you should not feel gaga, because before investing you should know the terrain you are going to step on.

Greetings my dear brother Piotr, Juan.
@felixgarciap(71)· 2680d
I have participated little in the subject of the Airdrops although I have obtained money through these opportunities in the case offered to the users of steemit by Byteball and now I have subscribed with #steemchurch in the opportunity offered by TELOS.
@cloudblade(65)· 2680d
Airdrop is a very effective and low cost marketing tool. Because the participants will help promote in order to get more rewards. The result is: The organizer feels that the investor is insufficient, or his operation is wrong, or that his marketing has a problem, he will not pay any bounty. if he there are pay some reward, maybe will because he gave up halfway, let those tokens is worthless. . The participant thought that he got a free token. In fact, he spent his much times. finally can got valuable tokens with a chance of less than 5% of airdrop.
@diogosantos(62)· 2680d
I started to love them at the beginning of my journey in crypto, but then I started to hate them because it took way too many steps to be able to get them. Now I just don´t care, I ignore most of them unless I´m very interested in that exact project.
@bluerobo(70)· 2680d
I ignore them.

Somebody wants me to do something to promote a to me meaningless digital thingy. Too much hassle for no reward.

If I can earn new tokens by doing something that is actually interesting to me, now that's another thing.

Don't stop your idea at the token stage. That's easy. First, there needs to be a service, then a token will be worth something anyways.

But actually, we already have enough shitcoins. How about using an existing token?

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@abitcoinskeptic(75)· 2680d
I think for cryptocurrency, what is most important is do they stick to their white paper?

If they have 20% of their tokens devoted to 'other' they can do an airdrop. If it is 'marketing' that is a little less certain because a bounty or referral program would probably be better.

In the long run, if you are selling tokens, it is hard to argue you are not a security whatsoever since there is always doubt because you are selling 'something'. Open mining, bounties and airdrops get around that issue.

Airdrops are a little messy, however. Could you imagine a company having an IPO then having an airdrop for stocks? They would be kicked off the exchange that is listing them.
@human-help(55)· 2680d
আমি আপনার সাথে থাকতে পেরে অত্যন্ত আনন্দিত এবং উৎফুল্ল, আমি আপনার সাথে আপনার সুখে দুখে পাশে থাকতে চাই, কেনিনা কবি বলেন,

মানুষ মানুষের জন্যে / People for People
@amar15(70)· 2680d
Well, In my opinion there is no one Who hate free money but in case of Airdrops nowadays most of airdrops are useless and full of Scams. Lastly I joined two airdrops named Jullar.io & Cryptomonsoon airdrop both was a planned scam but luckily I never did any KYC. Airdrop is a good thing for any Crypto Project to increase the fan following and getting followers on twitter and making community.

If we are looking for good airdrop before doing any kind of KYC we need to check the authenticity of that airdrop so that we can prevent our privacy for bloody people.

I love your Opinion @crypto.piotr & I totally agree with your points. Thank You & I really appreciate your effort :-)
@aezakmi(58)· 2680d
Airdrops can sometimes be very efficient: consider the initial Ontology airdrop, where the members that subscribed to the newsletter received a good amount of ONT, which later was worth around 1000$ (if I remember correctly). And as you mentioned, we really are quite some "freebies". At the end, every dollar counts, especially in these harsh times. (Or at least for me - I'm a student 😁)

Cheers!
@gabbynhice(67)· 2680d
To tell you honestly i dont really care about airdrops. I do care if the project loooks good. But first i always check the project.

Maybe it is just me but i grow up in a world where nothing is not free and when they wanna give you something for free than the quality is not good or the product is simply shit.

If the service or product is good than they dont really need to give nothing for free.

I prefer to get some extra % of token as a early bird. I like it more to be honest. For me that is more professional marketing method😉

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@boyanpro(55)· 2680d
I don't care.

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@videoaddiction(72)· 2680d
Hi, I have joined into some airdrops; however I got rewards from only one of them. So when I see airdrop it makes me think whether it is fake.

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@huseyinunozkan16(61)· 2680d
In my opinion airdrop is a good strategy to advertise tokens. On the other hand if a company wrongly calculate the rate of airdrop, token price may be too low or high. So airdrop is good for buyers but a big risk for companies.

Posted using Partiko Android
@shaheerbari(61)· 2680d
Who doesn't want free crypto, but in most of the cases you have to publicize the token and do a bunch of stuff to obtain the air drop, the actual value at the time isn't worth much too it's just the anticipation that the coin will grow and you'll get a good amount out if it. That is how i look at the airdrop from the individuals perspective.
@hotsauceislethal(66)· 2680d
Airdropping tokens gives a project the advantage over a brand new coin because it leverages the existing network and community behind another token as well as increases the hype for that underlying asset by feeding off that energy. For example when they started to fork Bitcoin the hope was that each project already had a wide community of users to draw support from through simply giving away coins to every BTC holder. Increasing chances of getting noticed or used in the long run simply because anyone with Bitcoin would get some for free. Might as well use it if you got it right?

As far as the actual value of these airdropped tokens I am still skeptical most of the time. Something that is literally created out of thin air and then given away for free cant be THAT valuable can it? We saw what happened with the Bittorrent tokens...

Anyways I feel like airdrops are more headache for people than anything else and they end up feeling rather spammy IMO. Almost like people in the streets trying to shove pamphlets in your face as you walk past when you honestly have no interest in what they are shilling. I still have a bunch of tokens that I have no idea why they exist or what they are trying to accomplish simply because they were airdropped to me. Definitely not even worth the effort to recover any value from these useless tokens because generally they have NO value.
@guruvaj(67)· 2680d
Hello again @crypto.piotr I am recipient of several airdrops early 2018, mostly erc20 tokens. I still keep it on my few wallets. Dont know what to do with it, since it is usually too small to spend or even to transfer.

For publicity, it serves its purpose well, for value in the long term, it will, but in the short term it is even worthless.

As now, many months now, haven’t seen airdrops.

With regard to steem tokens airdrop. On which I have 2, teardrops and plankton in the steem-engine wallet.

Like the same, just hodl it for now. Waiting for opportunities in future.

I Still LOVE it.

Posted using Partiko iOS
@chesatochi(73)· 2680d
Personally is a waste of time for most of them. It is not free money because you need to spam around their project and maybe to receice useless coins!

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@gasaeightyfive(55)· 2680d
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@chekohler(76)· 2680d
As a concept its a great marketing tool to drive hype and improve a small bit of distribution but I don't think airdrops really work well. Its normally such a small stake that's not worth it. I don't care much for airdrops

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