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?
Airdrops are good for ICOs because with airdrops their community gets bigger. Some people who gets an airdrop also become their investors, so airdrops are good to accumulate more investors which may also lead to a successful ICO.