Foreword
Currently, airdrops have become a very popular marketing and promotional tool in the cryptocurrency market, allowing project teams to attract more users and investors. Many of our readers may have heard on social media the stories of individuals who have made fortunes through airdrops, leading many to believe that joining airdrop campaigns is an easy way to make money by completing simple tasks. However, this way of thinking is often overly idealistic and ignores the efforts and risks involved in airdrop farming. This lesson aims to provide you with a glimpse into the world of airdrop farming, enabling you to assess whether it is the right path for you and how to leverage your personal strengths to make profits in the airdrop farming sphere.
The Reality of Running an Airdrop Farming Studio
Indeed, script automation software can simplify a lot of repetitive work, such as filling out forms, sharing on social media platforms, tagging friends, and various other on-chain operations. Despite that, the sheer quantity of simple tasks still adds up to a considerable time cost. Additionally, there are often unexpected issues and incidents, such as verification failures, the community’s email account suspensions, and IP or server anomalies.
If you want to take the high-quality airdrop farming route, it is even more difficult than what ordinary people can imagine. You need to work day and night to monitor the status of all wallets and task schedules, update progresses, maintain scripts, and perform sybil penetration tests, thereby ensuring that your wallets are not blocked by the project party.
In addition, the blockchain world is full of scams or low-quality airdrop projects. Many projects see airdrops as a means to attract users’ attention and funds. Once they have got enough participants, they may dump their tokens and disappear after the token is listed, causing the price to dip sharply.
Even if some teams are genuinely committed to their projects, they may not be recognized by the market or be able to achieve explosive popularity upon listing on mainstream exchanges. It often happens when airdrop farming brings to wallets a significant amount of tokens that may seem valuable in terms of quantity but lack actual worth. Therefore, airdrop farming does not necessarily mean making money and can potentially lead to wasted efforts or even losses.
The importance of making the right choices far outweighs the effort exerted. When deciding what projects to interact with, it is crucial to make independent judgments rather than blindly following others’ recommendations, as it is easy to fall victim to counterproductive actions by project teams.
Persistent learning and application of tools are also essential. It is important to regularly analyze project data, indicators, and income information of each project, and keep abreast of project development progress, community activity, and the use of treasury funds, all of which cannot be easily found by casually browsing social media platforms.
Airdrop farming is mentally demanding and requires huge patience. To make extraordinary profits, one must possess unwavering belief, profound insights, and the ability to persistently pursue the path toward wealth.
Find Suitable Airdrop Projects for Yourself
People tend to overestimate the short-term performance or underestimate the long-term development of a project. After seeing others getting rich from one-time airdrops, many join the crowd without a meticulous plan and patience, only to lose interest as the hype fades away.
On the other hand, some projects have been continuously distributing airdrops to users. You might not have done any specific research or made the token acquisition your goal, but simply use the services because you need them. Inadvertently, you become part of the core community and accumulate wealth over time.
Obtaining cryptocurrencies ultimately comes down to some form of proof of work, and it is not as effortless as the literal meaning of token airdrops suggests.
One-time airdrops require a sense of acuteness and precise judgment, while continuous airdrops emphasize the long-term contribution of users. There is no right or wrong strategy when looking for airdrops. The only important part is whether they are suitable for oneself.
If you are passionate about researching different blockchain projects, you might consider airdrop farming as an alternative investment method. If you are just an ordinary dApp user, you can look for activities in your daily life that can incorporate the concept of “X to Earn” on the blockchain. For example, you can earn cryptocurrencies through games like GENSOKISHI, monetize your writing on platforms like Matters, or make money by using the STEPN app for running.
It may not bring immediate returns in the short term to spend time on activities like acquiring knowledge, sharing expertise and insights online, networking, and building engagement with the community. However, the accumulated value over time can generate exponential benefits. Perhaps one day you could become famous and start delivering courses as a teacher, which brings you another pathway to accrue wealth.
Conclusion
This lesson has provided you with a deeper understanding of the reality of a variety of airdrops. Airdrop farming is not as easy as it may seem at first glance. While there are many beginners, only a few achieve success, and many failures can be attributed to a lack of correct self-understanding.
Therefore, it is important to cultivate a positive mindset when it comes to crypto airdrop farming. Don’t see it as a gambling opportunity or a shortcut to get rich quickly. Instead, view it as an opportunity to learn and experience. For example, when you see that a project has been very popular recently, don’t rush into airdrop farming. Take the time to conduct thorough research and analysis, understand the background, mission, team, and technology of the project, and participate in community activities. Try out its services and consider getting involved on a deeper level if you genuinely like it.
Furthermore, actively participate in projects that offer continuous airdrops. It is also important to exchange knowledge with others and establish a network of contacts for mutually beneficial cooperation. One day you may find that the effort you invested in airdrops not only brings you wealth but also memorable experiences.
Highlights
Airdrop farming takes a lot of time and effort. It is not as easy as many people imagine as it typically involves tedious work like keeping abreast of the latest information, discovering projects, reading reports, analyzing data, and more.
Airdrop farming brings unstable profits and comes with risks like little or no returns, project scams, and potential losses.
To potentially accumulate wealth through airdrops, it is necessary to have persistence and exceptional insights.
Combining daily activities with the blockchain-based “X to Earn” project can create a more stable cryptocurrency income.
Airdrop farming is not the only way to make money. Long-term dedication, skills cultivation, networking, accumulated experience, and personal reputation and branding in the community also help to monetize the value and bring you an unforgettable experience.
Foreword
Currently, airdrops have become a very popular marketing and promotional tool in the cryptocurrency market, allowing project teams to attract more users and investors. Many of our readers may have heard on social media the stories of individuals who have made fortunes through airdrops, leading many to believe that joining airdrop campaigns is an easy way to make money by completing simple tasks. However, this way of thinking is often overly idealistic and ignores the efforts and risks involved in airdrop farming. This lesson aims to provide you with a glimpse into the world of airdrop farming, enabling you to assess whether it is the right path for you and how to leverage your personal strengths to make profits in the airdrop farming sphere.
The Reality of Running an Airdrop Farming Studio
Indeed, script automation software can simplify a lot of repetitive work, such as filling out forms, sharing on social media platforms, tagging friends, and various other on-chain operations. Despite that, the sheer quantity of simple tasks still adds up to a considerable time cost. Additionally, there are often unexpected issues and incidents, such as verification failures, the community’s email account suspensions, and IP or server anomalies.
If you want to take the high-quality airdrop farming route, it is even more difficult than what ordinary people can imagine. You need to work day and night to monitor the status of all wallets and task schedules, update progresses, maintain scripts, and perform sybil penetration tests, thereby ensuring that your wallets are not blocked by the project party.
In addition, the blockchain world is full of scams or low-quality airdrop projects. Many projects see airdrops as a means to attract users’ attention and funds. Once they have got enough participants, they may dump their tokens and disappear after the token is listed, causing the price to dip sharply.
Even if some teams are genuinely committed to their projects, they may not be recognized by the market or be able to achieve explosive popularity upon listing on mainstream exchanges. It often happens when airdrop farming brings to wallets a significant amount of tokens that may seem valuable in terms of quantity but lack actual worth. Therefore, airdrop farming does not necessarily mean making money and can potentially lead to wasted efforts or even losses.
The importance of making the right choices far outweighs the effort exerted. When deciding what projects to interact with, it is crucial to make independent judgments rather than blindly following others’ recommendations, as it is easy to fall victim to counterproductive actions by project teams.
Persistent learning and application of tools are also essential. It is important to regularly analyze project data, indicators, and income information of each project, and keep abreast of project development progress, community activity, and the use of treasury funds, all of which cannot be easily found by casually browsing social media platforms.
Airdrop farming is mentally demanding and requires huge patience. To make extraordinary profits, one must possess unwavering belief, profound insights, and the ability to persistently pursue the path toward wealth.
Find Suitable Airdrop Projects for Yourself
People tend to overestimate the short-term performance or underestimate the long-term development of a project. After seeing others getting rich from one-time airdrops, many join the crowd without a meticulous plan and patience, only to lose interest as the hype fades away.
On the other hand, some projects have been continuously distributing airdrops to users. You might not have done any specific research or made the token acquisition your goal, but simply use the services because you need them. Inadvertently, you become part of the core community and accumulate wealth over time.
Obtaining cryptocurrencies ultimately comes down to some form of proof of work, and it is not as effortless as the literal meaning of token airdrops suggests.
One-time airdrops require a sense of acuteness and precise judgment, while continuous airdrops emphasize the long-term contribution of users. There is no right or wrong strategy when looking for airdrops. The only important part is whether they are suitable for oneself.
If you are passionate about researching different blockchain projects, you might consider airdrop farming as an alternative investment method. If you are just an ordinary dApp user, you can look for activities in your daily life that can incorporate the concept of “X to Earn” on the blockchain. For example, you can earn cryptocurrencies through games like GENSOKISHI, monetize your writing on platforms like Matters, or make money by using the STEPN app for running.
It may not bring immediate returns in the short term to spend time on activities like acquiring knowledge, sharing expertise and insights online, networking, and building engagement with the community. However, the accumulated value over time can generate exponential benefits. Perhaps one day you could become famous and start delivering courses as a teacher, which brings you another pathway to accrue wealth.
Conclusion
This lesson has provided you with a deeper understanding of the reality of a variety of airdrops. Airdrop farming is not as easy as it may seem at first glance. While there are many beginners, only a few achieve success, and many failures can be attributed to a lack of correct self-understanding.
Therefore, it is important to cultivate a positive mindset when it comes to crypto airdrop farming. Don’t see it as a gambling opportunity or a shortcut to get rich quickly. Instead, view it as an opportunity to learn and experience. For example, when you see that a project has been very popular recently, don’t rush into airdrop farming. Take the time to conduct thorough research and analysis, understand the background, mission, team, and technology of the project, and participate in community activities. Try out its services and consider getting involved on a deeper level if you genuinely like it.
Furthermore, actively participate in projects that offer continuous airdrops. It is also important to exchange knowledge with others and establish a network of contacts for mutually beneficial cooperation. One day you may find that the effort you invested in airdrops not only brings you wealth but also memorable experiences.
Highlights
Airdrop farming takes a lot of time and effort. It is not as easy as many people imagine as it typically involves tedious work like keeping abreast of the latest information, discovering projects, reading reports, analyzing data, and more.
Airdrop farming brings unstable profits and comes with risks like little or no returns, project scams, and potential losses.
To potentially accumulate wealth through airdrops, it is necessary to have persistence and exceptional insights.
Combining daily activities with the blockchain-based “X to Earn” project can create a more stable cryptocurrency income.
Airdrop farming is not the only way to make money. Long-term dedication, skills cultivation, networking, accumulated experience, and personal reputation and branding in the community also help to monetize the value and bring you an unforgettable experience.