Free crypto? Do we really get them for free?The answer is yes, although we will probably spend a lot of time finding such bites. In the early days of the crypto industry, a popular procedure was to send small amounts of crypto/toxen to the wallets created on the chain of this digital coin. Portfolio owners who support the ERC20 token format may occasionally see small amounts of different digital coins appear on their wallets.
This process has changed, however, as marketers have noticed that many people are ready to perform simple tasks in exchange for "free cryptovalots". So we can safely say that current airdrops (sometimes called smartdrops) are a form of exchanging digital assets for time and effort devoted to performing simple tasks such as sharing, liking or commenting on social media. An additional advantage is that airdrops do not require us to invest digital assets or fiat currencies - the only risk we take when doing airdrops is our own time, which has a chance to pay us back.
Airdrops may pay off, because projects such as NANO (then still Raiblocks) also give out their coins to the community for free. At the beginning of 2017, we could take a few / more than a dozen thousand units of this crypted for simple activities, requiring literally a few minutes of commitment. ATH (all time high - the highest price on the chart) NANO exceeded $30 per unit. Quite a good result, considering that they were free cryptovalots. To get them, you only had to risk losing a few minutes of your time.
How to make airdrops safe?First of all, you should remember the basic safety rules when hunting free cryptovalots. It's not worth to bet that the digital coins we collect immediately will be worth a fortune. If, while making airdrops, at some point we come across a message that the project for some reason needs our private key or other sensitive data to verify, we can be 100% sure that it is scam.
The same goes for projects that want us to send them some amount of BTC/ETH - after all, we're the ones doing the tasks for them, for which we're supposed to get free cryptoes, aren't we? It is also worth remembering not to mention the stock exchange address as the portfolio address for which we want to receive digital assets - then our digital coins will be taken over by the stock exchange. You should give the address to which you have a private key. For example, if the project is based on ETH, a good and simple solution will be myEtherWallet portfolio - MEW.
Is it worth making airdrops?So, is it worth taking your time to do things that will only bring us the expected results? If we are just beginning our adventure with cryptovalots, it may be an interesting alternative instead of investing our own capital. It may also be an interesting diversification, especially during the bear market. Don't get excited that we will make a fortune this way - probably most of the projects organizing airdrops will turn out to be unfair and we will never see our digital coins. However, there is also a possibility that digital assets obtained from airdrops will be worth something in some time (hopefully as much as the mentioned NANO).
You can find selected airdrops, which may be worth a lot in the past, here: Airdrops - Free Cryptovalut. You'll find there step-by-step descriptions of how to make airdrops, the estimated value of tokens and the time needed to complete tasks. If you want to learn more about how to safely perform airdrops, read this article: LINK.
Alternatives to airdropsAnother way to make money by investing your time is to participate in affiliate programs. Crypto exchanges such as BitBay, Binance and BitMEX offer their users permanent affiliate programs, where we can earn part of the commissions from referrals.
Many finitech companies will pay us for the very registration and verification on their platform. The ideal example is Twisto, a new payment card provider with a debit limit, which will pay us PLN 50 for registration and account verification. Another example is the Bitwala project, which pays us a bonus of EUR 30 for going through a similar process.
