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??
Yes it is.
Especially the referal airdrop, the project will be promoted by the airdrop hunter and the real investors will look out to the project.
At least, it's just only for promoting the project and let the investors know