With regards to the distribution of ALT token claim which began yesterday at 12:00PM with 300 million tokens distributed for the first batch of the Airdrop event valued at approximately $96m at the price of $0.32 per token, there has been excitement as to whether Airdrop season is back as Multi-layer roll-up distributor Dymension is also planning to launch its mainnet in coming days with 70 million DYM token allocated for the Airdrop event.
What captivated my interest was the drastic surge in the mcap of ALT after launch. With market cap currently around $365M and FDV of over $3B. It's important to note that only 3% of ALT total supply of 10B token was airdropped with top addresses claiming 1.29M and 1.19M tokens worth $420k and $388k respectively at the price of $0.32.
With the current positive price action, this proves that investors are Keen about the project hence the continuous surge in price since listing. Several top Cex have already listed the token on their platform leaving me with the question if ALT is worth investing in?
The question is, op, when did airdrops disappear from the crypto space? Have those who conduct this stopped on this forum or any social media platforms? Doesn't it still continue to this day in the field of crypto space?
Airdrops are even now becoming a dangerous place for most people who don't know anything about this industry field, because it's even becoming a gateway for scammers, phishing, and hacking, right? I rarely see legit airdrops, but there are tons of what appear to be airdrop programs in the crypto space, especially on Facebook. So extra caution is needed for people like this in this era?
Yes that's right, many have gotten hundreds of millions in my currency version, quality airdrops although not short but not disappointing results, for nft holders and 5 other categories according to the allocation of each mission and task. devs like this know how to treat hunters and participants properly because between the two of them have an important role and get commensurate benefits. I sometimes work on airdrops like I forgot about it and save important data for access.
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I usually separate wallets between testnet and mainnet transactions, although between the two wallets I still make it a habit to revoke after the transaction. Indeed, no one can fix wallets that are affected by drains and potential scammers but we can do our best to break the connection between wallets and airdrop websites. I am sure that there are more airdrop profits than being exposed to these attacks or scams. Use a new wallet if in doubt about an airdrop. There are many types of wallets and you can add more as needed. So far I am safe using 1 tesnet wallet for airdrop.