Quote from: biggNY on September 26, 2018, 07:53:17 PM

What do you guys think about community driven projects, that did no ICO, instead airdrop most of their tokens to their members? Most coins I came across in this "niche" are privacy coins with quick & untraceable transactions. They usually offer limited total supply somewhere in region of couple of millions. There are/were a couple out there that I know of.

Prime example of this was Deep Onion, that have made many people 10s of thousands (even more) of USD when sold around ATH.

But on the other hand, there were a lot of scams here too. Projects got listed on exchanges, teams sold of their tokens, never developed their projects and left with money.

What do you guys think of these projects? Do you have a favorite one you are part of? My favorits now are Privcy and Metacash. Both have white paper released and both have active teams behind them, Privcy in particular.

I didn't even knew that these Non-icos were a thing. However most of these non-ICOs are shill projects. I don't trust them, but that's just my opinion. There could be better projects but their potential is just never fully utilized. Airdrops aren't any better, they attract more idiots than smart people towards any project. They aren't driven by community, so its hard to argue if they are actually good or not.