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What is a retro drop or free token giveaway 🤑
Crypto enthusiasts love to make profits without investments. And it's understandable. Free coins just for using the project – who would refuse?
Retro airdrops – distribution of coins to those who used the platform earlier. The idea became mega-popular after the loud distribution of 2020. The market was rising. Tokens were getting more expensive. Some lucky ones received several thousand dollars. Just like that.
The trend has only intensified. People are creating a bunch of wallets. They interact with different protocols. They mint NFTs. They click everywhere. But why? In hopes of future coins, of course! Sometimes it works. Sometimes it doesn't. It can be frustrating.
New projects love this scheme. Why not! Users become active, investors notice the activity. And there are no direct costs at all. Even promises to fulfill are not necessary. And some, it seems, really give out nothing.
Don't forget - a "free" retro drop can cost fees. Especially on Ethereum. It doesn't turn out to be completely free.
By 2025, this whole story will have settled down somehow. The criteria will be clearer. Transparency will be higher. Even institutional investors have become interested, which is quite surprising. Apparently, they liked the distribution model.
But there are no guarantees. Developers rarely disclose the terms in advance. It's like a lottery. Sometimes you can hit the jackpot, while other times you get pennies. For the same actions. That's how crypto works.