Quote from: gunhell16 on June 22, 2024, 08:33:14 AM

Quote from: JeromeTash on June 21, 2024, 09:57:34 PM

Lol $50,000 is nothing if you were around in the era of ICO. Airdrops were so rewarding, even the ones that were of meaningless tokens. I remember getting an airdrop of some random token and even forgot about selling off the coins, the token value would then go up to around $4k.

So yes, just like we saw faucets die out, airdrops will also become completely meaningless and a waste of time in the near future. In fact, most of them are already useless.

Yes, you are right there. In the beginning, the airdrops will be hot, to be honest, but later, when we go back to the bear market again, for sure, the airdrops will lose their value. Only now is the hype high in the majority of the of the crypto community in this industry.

And not all airdrops are successful in the end either; only a few airdrops are successful. Remember that, so it is still necessary for those who want to participate to be careful and smart in the airdrops they participate in anyway.

What people should be aware of is the fact that not all airdrops will be successful and will award prizes of up to tens of thousands of dollars. Many airdrops require participants to make transactions on their network and they will earn rewards. Some of the successful ones that I know of are arbitrum, manta and jup. But there are many airdrop projects that fail to get listed on exchanges and end up harming the participants.