I signed up for an ICO the other day and saw that they were giving away quite a lot of tokens for just signing up with Twitter and Telegram. How do they benefit from this? Do they just want more followers or do they want to get rid of tokens? Or is it maybe just a scam?
They have to create Airdop to distribute free coins, I know that is very little but they do so their community is crowded and more well known. Then there will be more people investing in their ICO. But that is why ICO buyers are losing money because many people get free coins at low prices