Airdrops have become one of the most common ways for new crypto projects to gain attention, grow communities, and reward early supporters.
But I’ve noticed a trend a lot of these projects have massive sell pressure right after the airdrop claim period. Early holders dump their free tokens, and surely the price crashes, and the project struggles to recover.
Some people argue that airdrops are great for marketing and getting more users, while others believe they create a short-term hype bubble and hurt long-term value.
Airdrops token been shared to participants that took part in the marketing of the project in their own right and benefit of promoting those projects. It is just that the team are not always just with them and only few of those project teams really reward their users well. Since teams knows about airdrop tokens been sold immediately they’re received by this farmers, they should stop sharing the token to them but use a stable coin to pay them for their effort in adverting the project.
In this way, the farmers gets rewarded for their efforts well and the team won’t fear dump in their tokens when lunched but may actually receive more users trooping in to buy their tokens for long term hold base on their project map if it’s going to be rewarding for them in the long run. The airdropping use to reward users that take part in advertising of the projects is gradually becoming obsolete and this project developers are beginning to shift focus here and use another method of rewarding these users, so airdropping is not really favorable like before.