Post
Topic
Board Altcoin Discussion
Re: Evaluating Recent Airdrops from Telegram Mining Projects
by
Yatsan
on 28/09/2024, 11:43:07 UTC
How exactly do you define the recent airdrops people are getting from these Telegram mining projects? I mean, it’s obviously not dust to some, but on average, people usually get $5-$30. Some are already getting frustrated seeing what they got from Catizen and Hamster, as both are described as ‘airdrop savers’ by some, but it’s clearly not the case. I also learned that even MemeFI is getting ready for the market, as the project hit the premarket a yesterday .

The Telegram mining projects seem to be yet another mixed bag of the latest competitions. While some of its users present it as a simple way to "make a little crypto income," these low amounts -generally $5-$30 - are somewhat disappointing, especially when people set themselves up for such a high expectation. For instance, projects like Catizen and Hamster, which were labeled "bombs," could raise expectations to impossibly high levels. Once this product hits the market, it will be quite interesting to see how it works. And will it provide more value to participants? Vigilance and curiosity are the need of time in such a developing area.

from the past until now, airdrops always have the same pattern, if they don't pay, then they pay but don't have a price, if they have a price, it's probably cheap, and very few pay well enough. This must be understood, so that we don't have high expectations. Although Hamster has quite significant development, and very good advertising, the airdrop payments are not that good. While DOGS may not have an advertising system as good as Hamster, but pays its participants worth it. So, I think we don't need to give high expectations from the airdrops we work on.

You are really emphasizing the management of expectation by a fixture. The traditional case you explained to me was that of something that initially would generate so much hype, but then turned out to be a really rubbish return. I can see that most people in the cryptos have felt that. Such projects should be taken with a grain of salt. One realizes that although some project might have good development and sales at times. However, actual returns are quite far from what one would expect. Mutual motivation given with honest result prevents frustration and leads to better investment decisions in the long run.