Do you think Airdrop is effective to promote ICO projects? I think No.
Certainly it may be useful to spread the name of the project, but will those people who know about the project with Airdrop invest in that coin?
I think that they only to sell the coin which earned by airdrop cheaply in the market and dump the price.
How do you think about this??
I don't believe airdrop is an effective medium of promoting ico projects reason being that a lot of people have greatly withdrawn from participating in airdrops since because it usually ends up in a waste of time. And most times it is just used to populated the telegram group and in no way does it attract potential investors.
You said it right mate, nowadays most of those ICO project didn't get any support out from airdrops they gain some attentions but due to so many
participants from the bounty which is not really helping promoting the project real investors are not being attracted and been pushed away before
they gain some interest to read about the projects, maybe it's better to find more effective ways aside from giving airdrops and allocate funds out
from the projects collected investment.