Post
Topic
Board Service Discussion (Altcoins)
Re: Lots of airdrops.. Why?
by
DerekVazz
on 29/03/2018, 06:01:53 UTC
Why would people launch them?
Marketing, attracting other investors and giving their project attention that they want.
If there is no airdrop then they have to pay for other advertising cost.
But if the project doesn't gathered that much fund during the ICO then that airdrop is worthless.

Devs do airdrops before/after ICO? I'd guess ICO investors are not going to be happy about that as airdropped tokens would be dumped below ICO price as soon as the token is listed on an exchange.
If there is a dump that will happen it will surely not that significant because airdrops normally has so many participants and the share they will receive from the allocated budget on airdrop will be too small that no one can control the price in the exchange.

If that is the case why would participants bother at all about this token? I mean the whole point of doing an airdrop, as I see it, is to attract as much users as possible that are going to be willing to shill that token all over the place in hopes for it to get a higher price in future. If each participant has a very small share of a token he/she just has no incentive to bother about this token at all.