Do you think the airdrop space is over saturated?

[Smiles20]

In the past a lot of people used to make life-changing money just by interacting with protocols and then air dropped tokens later. These days it is beginning to become much more profitable even when there are so many protocols that are coming out everyday. The Ens AirDrop was worth 10000 dollars. Aptos of recent was just about 1200 dollars. What do you think is the cause of this?

 

[Nomad]

I participated in a lot of Airdrops and I did not earn life-changing amount. There were conditions attached to the airdrops. The project would of course give you free coins but you had to earn enough to convert to fiat or exchange with other main coins, and this was not possible for a lot of people.

 

[Grant]

Airdrops aren't meant to be big money earners. They're usually small drops that are gifted or given away. I imagine with airdropping it's the lowest you'll ever get. I'm sure there are some airdrops that gain people a lot, but to my knowledge, most airdrops aren't for a ton unless it's for a massive giveaway or something. As for it being oversaturated, I imagine it is, because there's probably many people trying to get in on these airdrops.

 

[Dyakoff]

In the past a lot of people used to make life-changing money just by interacting with protocols and then air dropped tokens later. T

I believe there still can be life-changing airdrops. But its much harder to find one nowadays.
Right now I am actively participating in an future airdrop that I expect to be grand. Its the Prom Network Testnet Challenge. It primarily involves various testnet activities such as claiming tokens from the faucet, utilizing them for transactions, transferring them, and even minting NFTs. The key is to perform these tasks daily to accumulate points. The participants with the highest points will be recognized as Delegates, and they stand to receive rewards in the form of $PROM tokens. A staggering 1,000,000 $PROM tokens will be allocated to the top performers, distributed proportionally based on their earned points.

Now, you might think this sounds like any other project offering an airdrop, right? Whats so life-changing about it?
Well, here's where Prom stands out. Unlike most airdropped tokens that can be freely traded or sold, the $PROM tokens distributed in this challenge come with a unique twist. They are exclusively designated for internal use within the Prom community. This means they cannot be traded, transferred, or sold externally. Instead, they are earmarked for community governance purposes, allowing Delegates to have a say in decision-making processes and earn a share of the profits (30%).

This distinctive approach offers a significant advantage. This is how winners will receive a steady monthly income without the risk of airdropped tokens flooding the market and causing price volatility. It's a win-win situation and that's what I love about it.