What are crypto airdrops? Crypto Airdrops can be said to be a marketing strategy of sorts, where projects get to put their tokens in the hands of a number of persons, usually as a form of incentive for reasons specific to the project. As with all marketing stunts and strategies, the aim is to increase user base and gain publicity.
Career opportunities As with all rewarding opportunities, a career can be made out of airdrops. This career path over the years has been termed as Aidrop hunting. Also, some existing career paths flourish in the airdrop space. Such as, Threadoors Influencers Researchers etc.
Are they sustainable? As with every career, the long-term potential is of necessity to anyone interested in it. Airdrops as stated earlier are simply “marketing campaigns”. So long as billboards exist, there’d be someone paid to mount it. Same goes for airdrops. So long as there’s a new project in need of visibility, there’d be an airdrop campaign to be done, and hunters to get paid.
Types of Airdrops There exist various types of airdrops campaign of which all can’t be listed here. The basic ones however, can be found below 👇 Retroactive Quest platforms eg Galxe, Zealy etc. Social Media engagements Testnet campaigns Bounties Node running
Spotting Airdrops There are various ways one can come across airdrop opportunities. Just to mention a few, Follow top airdrop hunters on Twitter eg. Digitek, CC2, Chase, Mztacat etc. Look for new projects via CMC, Ecosystem Labs, Medium etc. Join Airdrop related channels on TG eg iMe Airdrop, MYRON: Airdrops etc. Participating in existing airdrops.
Spotting fakes No tweet from Official project handles. Links gotten from comment section of Official project handle. Asks for your Seed phrase Asks you to send tx fees across for claim. Requires you to perform an on-chain transaction within an absurd time frame. Asks you to sell your family house
Community When addressing the issue of spotting airdrops, this is in a league of its own, hence the omission earlier. The role of a community cannot be overemphasized, as you are but a human with only 24hrs each day. Community helps you optimize, even as you learn from each other, make wins together, and chest your Ls. Community in crypto can be said to be your on-chain family and indeed, family is everything.
Security tips Have a wallet dedicated for airdrops, that’s not your main wallet (where possible). Verify all links before clicking or connecting your wallet. Store your passphrase/secret words safely. Do not share your seed phrase with anyone. Avoid interacting with malicious nfts /tokens. Only risk what you can afford to lose (addresses new DeFi platforms).
Funding* Same with how we develop expectations from children born into rich homes or children born into a good heritage (sound religious homes), we also tend to have expectations from projects with a huge amount of funding (hence the hype around Venom), or projects who raise funds from some notable VCs (hence the hype around Binance affiliated projects). Using common-sense deduction, the higher the funds raised, the higher the chances of you getting a generous slice of the pie.
QnAs Got any questions? Now is the time to ask. . .