I think airdrops are also a way for the team to attract more investors. Some people tend to associate legitimacy to those projects who give off if benefits for free. However some you might find that the airdrops they are willing to give are so huge so we still must stay alert at all times. Airdrops are a good source of money but don’t be too blinded that you don’t see carlos anymore.
It does because it's a way to market their project through these airdrops and giveaways. That's the strategy that many project have discovered for them to have more attraction in the market.
Once they've got that reputation that many have seen that they've provided successful airdrop and with decent amounts. Most investors will think that project has got a lot of money in the circulation and that's why they can provide such airdrops.
But in reality, that's just part of the marketing and that money allotted for the airdrop have been calculated and the return is greater because of the exposure that they'll get from the airdrop receivers and that's like words of mouth that will scatter in many crypto communities.