What is an Airdrop for?
If tokens are not sold through an ICO, the question is justified, why an Airdrop is interesting for a company that issues this new token. In practice, the company will not be able to raise funds with the Airdrop.
The goals of an Airdrop are diverse: The company can use it to advertise itself. This can dramatically increase the number of users who own and use the new token, and it is a way to thank the community who is tracking and/or participating in the project.
Some cryptocurrencies only serve as a “virtual currency” and are not an ecosystem or social development project. Therefore, the total value of these cryptocurrencies is based solely on their use and integration in the real world.
The more the cryptocurrency is used and anchored in everyday life, the greater its value. As we can see, some cryptocurrencies are getting off to a better start with an Airdrop.
Following are the top 5 Airdrops:
1. Experty Season (EXY):
Experty is the first Ether powered voice application that allows users to monetize their expertise, knowledge, and time on a global scale.
EXY Airdrop is worth 30,000 EXY tokens that will be distributed among all the participants. You just need to complete easy tasks to win the EXY token that is tradable already.
2. BitTorrent (BTT):
BitTorrent offers free BTT tokens to TRON (TRX) holders. If you will qualify for, you will get BTT directly into your TRX address. Also, you will see automatically your BTT displayed in Exodus.
3. Swissborg (CHSB):
The CHSB token is an ERC20 multi-utility token that powers the SwissBorg Ecosystem. The token aimed to challenge the relationship between people and their investment manager.
The total prize pool of Swissborg is $500,000 that will be paid in Bitcoins. You need to predict, referring friends, or just completing easy challenges and earn 50 CHSB tokens for every level you complete.
4. KuCoin x Sensorium (SENSO):
This is a tech company that creates digital simulations of virtual worlds and real-world venues. It is worth $500 KuCoin. In this, 50 participants will be chosen randomly to win $10 in SENSO tokens each.
5. StormGain (USDT):
StormGain is a centralized exchange registered in Seychelles.
The contest on StormGain is worth 100,000 USDT tokens. You can trade on a demo account and get the chance to win real money!
There are several websites which support airdrops but Airdropalert is by far the best website to participate! You can also follow them on twitter @Airdropalertcom
Overall, Airdrops are just about a couple of dollar cents, or at most a few dollars per token. It is understandable that remuneration is not high. These Airdrops are therefore only a “small gain”, but appeal to a very large number of investors. And investors will never say no to a few free tokens, especially if they hope that these tokens will one day be the same price as Ripple or Stellar Lumen – These are the two cryptocurrencies who owe their entire success to Airdrop.