Questions asked on airdrops
https://gbu-presnenskij.ru/elektronnoe-obraschenie/?u=crypto-airdrop-what-s-an-airdrop-and-why-crypto-qq-MdK2ELIK
Good day everyone, have you ever been wondering what airdrops might be up to, i have been too and its quite mysterious. I might not be a crypto geek and stuffs but i want to ask, what is there profit in the production of airdrops.
First of what is Airdrop
I have learnt that airdrops are marketing strategies used to inform people about a new crypto currency for free. Their aim is to reward loyal users and distribute these coins to their wallet addresses for free.
Now this is where my question comes in FOR FREE?
If there are thousands of people or supposedly millions of people mining this coins and all the coins are distributed to them wouldn't this make the coin less valuable?...........
That's where i bring inflation into this
First what is inflation ;
Inflation is the rate at which the general level of prices for goods and services rises, leading to a decrease in the purchasing power of a currency. Essentially, as inflation increases, each unit of currency buys fewer goods and services.
Doesn't this mean that the more coins mined and more coins distributed makes each coin less valuable?
Lets use Bitcoin as an example, if 90% of the people in the world have atleast 10bitcoin wouldn't it make less valuable? Yes it will
So what is the purpose of letting alot of people know and have more of this coin if it makes it less valuable. asides from the fact it makes the coin popular what is the main aim of the owners of the coin.
[ ! IMPORTANT]
Then what is in for the owners of these airdrops?
Now this is where the unknown mystery of airdrops is in, what is the gain of the owners of these coins.what if no one mines your coins and you launch it , it automatically means money wasted. so tell me what is really in for the owners of such coins.
@leofinance
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