Are Airdrops Necessary?

This December has been the month of airdrop blessings for a lot of people due to some certain tasks they did months ago. Its exhausting most times to be on the side of constantly participating in these activities only to end up being farmed by these project because they are trying to gain followers on twitter. But you can’t give up because in as much as there are annoying ones, we also have the real ones that actually reward real participation. Most of these airdrop tasks, when doing them its advisable to do without any expectations, especially the free ones so you can have the free mid to keep doing them without getting disappointed.

You never know how big a project’s airdrop would be after launch, people look at the value of a project airdrop an Duse that to evaluate the value of the project and how they would interact with it. Most projects that had the biggest airdrops starting from 2020 have been operating successfully and has grown in usage and value. Airdrop has always played a vital role on the progress of a project. If you look at some of the biggest airdrop in the crypto space, you will notice that they got appreciated by their community through their airdrop. The community spent most of their time after getting the airdrop talking about that. This brought people into the project and that made people discover their utility and started using them.

After uni swap airdrop, people became more aware about the DeFi space and started utilising it, apecoisn airdrop was massive but it was only for Bored Ape NFT holders. Crypto airdrop majorly started in 2020, 2021 didn’t really have that much of airdrop but between 2022 and 2023, we saw a great increase in airdrop. To the extent people got extra airdrops for receiving airdrop. This has also helped onboard more people into crypto. Are we going to see more airdrop events in the crypto space? Time will tell I guess.

Posted Using InLeo Alpha