Comparing this to Telegram games giving out "peanuts" is quite apt. It’s a reminder that while airdrops can be an exciting way to get involved in new projects, they often come with limitations that need to be considered and of course it a well known phenomenon in the crypto community.
According to a 2024 report on airdrops, many airdrops tend to distribute very small amounts of tokens to a large user base, often leading to dissatisfaction among recipients. The report suggests that while airdrops can be effective for initial engagement and awareness, they often fall short in terms of providing substantial rewards to participants.
According to a 2024 report on airdrops, many airdrops tend to distribute very small amounts of tokens to a large user base, often leading to dissatisfaction among recipients. The report suggests that while airdrops can be effective for initial engagement and awareness, they often fall short in terms of providing substantial rewards to participants.
The airdrop trend seems to have lost its appeal lately, especially when it comes to free airdrops. It's frustrating to invest months of effort only to receive minimal rewards. These days, I mainly participate in exchange events. Even if the rewards aren't substantial, at least I'm not dedicating months to them.I recall receiving $80 worth of Pixfi from a PoolX event, while the airdrop I got from the same project was worth less than $10. I also farmed AVACN and only got $5, which was really disappointing.
Given these experiences, I've decided to focus on the Discord treasure trove and community giveaways supported by bitget. I'm hoping to earn at least $20 from each of these events.