I. The Essence of Airdrops
First of all, airdrops are essentially an investment in the primary market, except that the investment amount is relatively low, while also containing investment through labor contribution to projects. The characteristics of the primary market are high risk, high returns, and lack of information transparency. Venture capitalists generally adopt a strategy of "casting a wide net" in investments. As long as they encounter a project with a few hundred times return, it is considered an overall success. Of course, there is also an investment approach focused solely on premium projects. The venture capital stages are generally divided into angel rounds, seed rounds, pre-A, A, B, etc. They can also be further divided into more detailed stages, with the difference between stages lying in the varying degree of certainty and corresponding entry thresholds. Corresponding to airdrops, these are the different developmental stages of a project, with different stages offering varying degrees of certainty and corresponding returns. We all know that some projects are simply scams, some run into problems midway (either intentionally running away or due to team conflicts), some are merely introductory phases to attract others to join, while others progress slowly with no clue when airdrops will happen. Therefore, we need to conduct some research to increase certainty and improve the project's investment return ratio, especially when resources are limited.
II. Specific Airdrop Strategies
The specific strategy depends on the resources you have at your disposal. If you want zero-cost airdrops, then you need to make good use of your limited resources. If you want to make some investment, then you must adopt a scalable and programmatic approach to reduce costs. More importantly, you need to make the right project choices, as making the right choices can double the effectiveness. Of course, if you have almost unlimited resources, then you can take on any project and further reduce costs. However, most people can only afford to make the right choices instead of taking on everything indiscriminately.
Compared to large-scale investments, zero-cost airdrops have a high margin of safety. Even if a project fails, the only loss is some time. For large-scale investments, after selecting the leading projects, the margin of safety has already been increased, so it is then feasible to "cast a wide net".
III. Strategies for Selecting Projects
There are usually many projects in the same track, especially in hot tracks. If you don't have a team, it is almost impossible to take them on. This underscores the importance of selection. Here are a few strategies for reference:
The project itself solves current technical or business application problems.
The project team has good qualifications, basically considering the backgrounds of the technical, marketing, and management personnel.
The capital behind the project. Capital often has resources that ordinary people do not have to conduct detailed examinations of projects and may have an information advantage since they are investing real money.
Project progress and community development. This is an important foundation for a project. Consider whether the project is actively developing and actively interacting with the community to resolve issues.
The project's token economics and market makers. This point is often overlooked, and it is also a point where many airdrop participants easily sell prematurely. They usually have a profound understanding of the primary market but neglect the hype in the secondary market, selling at the wrong timing and greatly reducing the investment return.
IV. Suggestions
For ordinary people without much time, take on as many "lazy projects" as possible since there is almost no cost. At least you can earn some pocket money. Even if the projects fail and you end up with nothing, you still have a backup plan, like becoming a 100U or 1000U warrior. Otherwise, you may have to beg on the streets and have trouble even affording meals. Remember, you should always have a backup plan.
See the link below for detailed tutorials on projects that have been actually tested and done. Just follow the steps.For ordinary people with a lot of time, it's best to make some investment to achieve scale. Check out the recommended premium airdrop projects on my homepage, which will be continuously updated.
For professional airdrop participants, understand the secondary market and sell at the right time to double the effectiveness.
V. Notes
I'm not saying that all cloud mining services have issues, but a considerable portion may be scams. Be cautious in discerning them. Also, cloud mining behavior cannot guarantee that you won't be cursed by witches, leading to a total loss. As a trader, you should consider: if cloud mining is profitable, why don't they just do it themselves?
Airdrops should be persistent. Don't abandon them halfway just because you don't see immediate returns. You have to know that if you don't do it, you definitely won't get anything. But if you do it, there is a possibility. Do it for a day, and you'll get that day's gains. Eventually, the returns will naturally come to you.
VI. Points Recovery: Quickly Monetize My Returns
Since some newcomers may urgently need cash or feel that a project is not reliable and want to quickly cash out, I'm considering offering long-term partnerships for some people on daily settled mining projects. If you're interested, you can find me through the personal introduction on my homepage. Currently, I'm only considering the Ggrass, nodepay, and dawn projects.
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