TABLE OF CONTENT

1) Overview .

2) Scams .

3) Distribution and condition's .

4) Interest .

5) Bottom line .

           OVERVIEW

Almost everyone in crypto community knows what Airdrop's are . And those who doesn't _

Airdrop's in crypto world is basically distribution of crypto coin or token , which should be for free . Airdrop's main goal is to gain attention and followers .

At one point airdrop was so frequent that some people made this their main source of income , it was that profitable . you would see upto 10 or more airdrops per day which paid of 10 to 15$ in base average and with promo service it could go really high .

But recently it's frequency is pretty low and also people's interest too .

             SCAMS

Ah the most famous thing of  E-finance . As there was lots of airdrops many of them were scam , and not everyone was full on airdrops , many people used to join airdrops out of hobbies of collecting new coins or was recommended by some friends or from sources . 

And most of the cases they got scammed. Even those who were fully into this used to get scammed multiple times 

During 2017 ( which used to be known as golden age of crypto untill late 2020 ) Crypto ICO's had over around 46% fail rate overall , out of 902 crypto ICO's were formed 276 of them failed after fundraising .

Not all the Scams were intended , due to not having expected attention many crypto project's were tossed away , in 2017 around hundred Crypto project's were tossed away after distribution .

DISTRIBUTION AND CONDITION'S

Much hasn't been changed but people started to understand their mistakes and validity . Many people lost their hype on making new crypto's when they seen many well planned crypto project's died out .

That's why we see not many new Crypto's and less airdrops . And those airdrops we see now has annoying condition's or they has validation problem . For example some new Crypto's we see barely accepted by exchanges . In some cases people are forced to create a new wallet just for a particular airdrop , because those tokens are not supported by the wallet they have .

And also nowadays many of the airdrops being heavily relied on promotion chain , that only the advertisers are have noticeable profit , 

Before airdrops were not as advatiser based as it is now . How ever there are still some great airdrops that comes out once in awhile , having a team of experts to backup the project's 

Not all the airdrops are based on new crypto project's but old ones are very limited on their airdrops , but it's fair because you will get a reliable crypto if you manage to join it . 

           INTEREST

Now days crypto dev's are more focused on their benefits , and mostly care about getting their projects on a safe position , which is obvious for them to do . So they turned their airdrops from being people based to media based .

Thus they started to lose interest of the people who acted as ambassador , since dev's pays a huge amount to advertisers they could not expend their referral system much . 

Dev's didn't really care about it much because , advertisers are doing same jobs as ambassador and in some cases better .

this started to have bad effect on the community and lost support of popular crypto person's and they become more relied on advatisers .

Which is not so bad when you see it ovarally , but people who are more relied on person rather than media  mainly to avoid scams  , looked away and moved on ,which had a big impact on this .

        BOTTOM LINE

So as people started to lose their interest dev's became more relied on advatisers . 

And with all those scams and validation problem dev's failure condition's etc , Its no longer beneficial to look out for airdrops in particular , But as I mentioned there are some great crypto project's that comes out once in a while that you can look into for example currently we have   PI project  .