Airdrops, valuable community growth technique? Or a failed platform in the making.

in crypto •  7 years ago  (edited)

Free money falling , heaven sent ; or is this potentially a precursor or omen of a stagnant or failing platform in the making?
Who doesnt like something for free it has that glimmer effect, kind of puts a twinkle in your eye. Looking at prospective investment air dops have a certain allure. Is this platform so certain of its utility and value that taking the chance to give free coins is advantageous to future growth?
I believe value is based on consensus meaning value is derived from something that brings indisputable value. Im skeptical of air drops and believe this approach is utilized due to a lack in confidence and vision.
As a voice of caution when an airdrop marketed coin comes your way really do your homework. Supposed high Roi coins often underperform due to the fact that generally to receive airdropped coins means staking/hodling large amounts of coins. With low coin supply and diminishing circulating supply exit strategies often dry up.
If its an airdrop coin sometimes steering clear and focusing is the best approach.
I would urge to search out and find the promising platforms utilizing an eye to the innovations of tomorrow.

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You have a minor misspelling in the following sentence:

would urge to search out and find the promising platforms utilizing an eye to the innovations of tommorrow.
It should be tomorrow instead of tommorrow.

Lol thank you for the heads up!

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