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RE: erc-20 airdrops, how to get them. But do not buy them.

in #ethereum7 years ago

I received another erc-20 tonight. It is another token wanting to be another currency, they claimed to have no ico on their bitcointalk page...but they are/were selling them anyways on their webpage. for a "non-ico", and based upon the size of their givaway, they only planned to give out about 2.5% of their tokens this round.

It is trading, but if the aggregate of the received coins is below .01 eth, i consider it dead on arrival. I don't expect the coin will have much upwards movement, if it even happens at all, at least until they stop putting new tokens in the market out of their treasury. Even excessive coins in any one account is a big risk of a pump n dump. But i doubt it will ever get pumped.

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I received two other tokens recently-not present on the exchange. One seems like more of a experiment that will dilute itself bigly. Up to over 1400% dilution over the next year. In anotherwords, not good for business nor as a currency.