Several times I heard about airdrop hunters. They create many accounts from different IPs and participate in airdrops of different ICOs. But as soon as exchange starts, they sell all those tokens/coins. Did i understand correctly?
What is interesting how they affect ICOs value on the market?
For example, I am participating in KickCitys airdrop today because I want to invest in this company. But I dont think that all participants are eager to do the same. How it may affect the companys future?
Btw, do somebody know about avaliable now Airdrops?
when exchange start coins price is high and price dump every time so the early they sell the better. ICOs airdrop just a small portion of their coins and you will get only a small amount but sometimes the coins price is high so they will gain big. multiple accounts are ban but it will be hard pinpointing them one by one as participants in airdrop would reach 1000+~. ICOs do airdrop to promote their coin and to attract more investor.