Airdrop Hunting : Playing The Crypto Game Safe?

Since the inception of Bitcoin, crypto has been like a magic way to generate money for people from nothing. That’s literally what things like the Hive reward pool sounds like, especially if you’re explaining the technicalities to someone who doesn’t understand.

Recently, I’ve heard of many airdrops following the successful airdrop distribution of the ARB project. I personally knew one or two people that got the airdrop and the amounts they received were very good. It’s basically free money(give or take one or two tasks you might have to perform regularly). But I think the tasks are acceptable, and that they’re just a way to ensure that the people receiving the tokens are woke and know what they’re going to do with the tokens they received.

Maybe the tasks are also a way to convince the airdrop investors to believe in the long-term success of the project and hodl long-term. For instance, having people perform swaps and test out a blockchain could have them explore the blockchain more and stick around if they enjoy what they see. I think I read a post from readthisplease where during the time he was performing the bridging tasks and exploring a certain blockchain for a potential chance at an airdrop, he fell in love with it and just started using it even without the intent of the airdrop anymore.

Sidetrack, dang.

Anyways, for small investors like myself who don’t have that much money to invest, I think a much smarter option will be leaning toward airdrops.

For one, these airdrops don’t pose any risk to your own money, unlike investing with it does(unless the testnet operations require things like bridging that might require you to use money to perform swaps). You basically just perform a bunch of tasks and that makes you eligible to get them. Aside from the possible stress performing the tasks could come with, it’s a pretty sweet deal. Even with the stress, it’s free money so what do you really expect?

One difficulty with the airdrops is how to spot real airdrops from fake airdrops. There are many scam airdrop projects out there and you could end up wasting all your time following their dead trails.

Another thing is that even with the real airdrops, most of them are not guaranteed or confirmed. Most people just jump on and start performing testnet tasks for example when they hear a new project is launching and looking for a community to test it out. The project might later decide to do an airdrop later for the testnet testers.

So in a way, a lot of things go into being successful or lucky with these airdrops. One way to increase your odds of getting them is to follow social media profiles who are known to be successful airdrop hunters. Some of them give tips on possible airdrops and how to be gain eligibility to receive it if it ever rolls out. My friends @udezee and @xabi were lucky with the ARB airdrop, so I’m considering them my valid airdrop hunters. Lol. I also occasionally check @readthisplease’s blog because he seems to know his shit too. Haha

But if you want to find out some potential airdrops that could be happening and how to qualify, there’s airdrop.io to check for that kinda stuff.

Both images in this post were designed by me in canva.

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