There are so many people out there who believe that they could make tons of money by participating in many different kinds of Airdrops. However, airdrops are not a really get rich quick scheme at all. Airdrops are used by many projects to promote their coins. So, is it really a waste of time?
Airdrop require a lot of prior research. True, not all airdrops are created equal. I once had an airdrop worth $5k. And once had an airdrop of $20.
I am very wary of picking a proper project to sink my time into. I'd rather spend my efforts on a few good reputable airdrops than scatter my attention on dozens smaller ones. I never apply for more than 3 airdrops at once.
In fact right now I am only doing one. Its a Prom Network's ongoing testnet campaign. Unlike traditional airdrops, Prom's approach is kinda unique. From the first glance it looks ordinary: participants engage in various testnet activities, such as claiming faucet rewards, performing transactions, and completing designated tasks. But there is a twist.
What sets this campaign apart is its focus on community engagement and network participation. Rather than distributing ordinary $PROM tokens, participants earn locked tokens that can't be traded by will contribute to the network's governance. The awards are actually roles within the Prom community governance, so individuals have the chance to actively shape the project's future while earning a share of network fees.
Personally, I've found this initiative intriguing for its potential to establish a steady stream of income through active involvement in the project. While it's not without its challenges, such as maintaining a competitive position, the opportunity to play a meaningful role in a project's ecosystem is a refreshing change from the typical airdrop experience.
