Before yes, very much, nowadays, not really. Too many people farm them with hundreds if not thousands of accounts.
And it's shilled everywhere, so you get like cents now. Maybe few bucks if you're lucky
Not entirely true. One of the most recent successes was hyperliquid, which made some instant millionaires.
Testnet projects like Berachain, Mitosis and Sahara AI keep showing up on my feed and it seem investors might really go hard on these projects as they look promising especially Berachain which airdrop checker is out now and i heard it’s getting listed tomorrow but i would like to know if anyone here participated and what the price could likely because i’m contemplating investing in it or not.
It's hit and miss, and anything showing up on your feed should require even more due diligence than if you found it based on your own exploring or deep research.
Some people do not know what this is. Are you "getting paid" with a promise of future credits, or literally test tokens on a testnet which are not originally intended to have value?
Before chains go to mainnet, some create an airdrop that incentivizes communities to do certain activities on their testnet (helps to iron out bugs, build community/ecosystem before the mainnet, kick-start development on their chain, helps with reach and marketing and so on). After the airdrop period is over, everyone gets rewarded based on their activity.