Some Airdrops can be huge like $SUI $APT $OP did to the eligible users where eligible users got up to 10000$ worth of airdrops. At the same time, some Airdrops are very less and not worth your time and money.
If you can speculate well which project is going to drop the alpha airdrop, you are never going to disappoint yourself at the end.
Here are some tips so that you can evaluate each airdrops and earn huge airdrops.
PROJECT CREDIBILITY
Research the project behind the airdrop. Look for information about the team, their experience, and the project's goals. Evaluate their whitepaper, website, and social media presence. A reputable and well-established project is more likely to deliver more value than a project that is less reputable.
FUNDING AMOUNT
Funding amount often determines a project's reputation. Because, if a project has raised big funding amount from venture capitals (VCs), it often trends on social media and the more people start to know about the project.
The goal behind airdropping early users is to create a user base, adoption, listing big exchanges etc. Through airdrops, Big projects create user base which is an essential factor for big exchanges listings.
Now, if a project has big funding amount, it's more likely that the project will Airdrop big amounts to early users. These projects are always worth your time and money.
Let's discuss some of the project that has raised big funding amount from venture capitals:
1. @zksync raised 426 million.
2. @layerzero raised 300 million.
3. @starknet raised 225 million.
4. @venom foundation raised 1B venom fund.
These are some examples of project with big funding amount. If they airdrop early users, their airdrop amount will be huge.
Community engagement:
Analyze the project's community engagement and activity. Are people actively discussing and supporting the project? Engaged and vibrant communities often indicate a higher chance of project success.
Market traction and partnerships:
Examine the project's progress and partnerships. Have they secured collaborations with established companies or prominent influencers? Positive market sentiment and support from reputable entities can indicate a stronger chance of success.
Partnerships as well as funding amount often determines how the project will be valued at. If a project has higher valuation, probably their airdrop is going to be big.
For example, @layerzero has 3B valuation.
So, that's it. I have discussed 4 crucial points to evaluate if an Airdrop is worth our time and money.
I hope you liked reading this article. If you do so, don't forget to follow me and like this post.
Ask away your questions for Airdrop Education Episode 3. I will pick your questions to answer in the next episode.
Thanks.
