I remember the first time I saw someone tapping their screen, it was the middle of the night and I didn't have the energy to start asking questions. Days later though I found out it was some telegram mini-app game that people were playing because they were promised the in-game currency would be converted to crypto. I found it absurd at the time and didn't believe it, so I ignored it. But along the line, news of an imminent launch spread, and I started to do some research. Peer pressure from some of my friends got me swayed and due to our competitive nature, we participated in its latter stage but still got respectable scores. The token launched at a good price and we all got a reasonable amount of the token. It was free money, gotten from just tapping screens.
Word of this airdrop spread around like wildfire, this was something different, the first of its kind, and this brought a new meta. Everyone started looking for the next free money, the next project that would pay them for simply tapping their screens and performing some tasks. Some developers and projects saw the opportunity to gain popularity quickly, and so it began.
For someone who has benefitted from two projects that were born from this meta, I dislike it a lot. Why? Because it preys on the time and attention of people for rewards that may not be worth it in the end. The first project to do this (Notcoin), paid a decent amount for people's attention, but after that, the projects that have come after have been far from worth it, except the second one that paid recently (DOGS), and this one wasn't even like all the other copycat tapping projects, it rewarded old users of telegram and those who did a few social tasks.
Since Notcoin thousands of projects have launched using the tap to earn narrative to gather new users. Only one has actually given a reasonable amount since then. Most of these projects rob people of their attention, use them to gather popularity, traffic, ad payments, and investors, and then they share peanuts to the people who they used as workhorses. They organize endless campaigns upon campaigns, launching YouTube channels, and partnerships with games. There are even some who don't end up giving anything (PIXELVERSE for example). Then there are some projects that outrightly scam people by making them pay what may seem like a small amount to gain an edge or to "prove they're human", but when you have millions of users those small amounts end up becoming significant amounts of money.
Since the majority of their userbase are people who have no idea what crypto is all about they fall for these projects, devoting countless hours of their time trying to earn points on a game that would probably yield nothing when they could spend the time doing otherwise more productive tasks. They end up filling the pockets of this project and then the projects spray some dust around.
Now, even with how much I dislike the meta I've still managed to make money from it, and hope to make more from it because they're still some projects that will reward users for their time. How? You may ask, it is simply by doing my own research along with a stroke of luck. I know, I know, do your own research is vague. Stick with me I'll tell you what I do. There are countless projects new ones launching every single day, there's no way I can do everything, and the majority of them won't pay, or will give you peanuts. The goal is to find the ones that have a good probability of doing well so you don't end up wasting precious time.
The first thing I do the moment I see a new one is go through their Twitter page. Twitter is the face of the majority of web3 projects at the moment, so you have to go through it. The follower count doesn't matter too much, but the people following them matter. If there's an affiliation with any big projects, this is a good sign and you can place them higher on the list of priorities. By big projects I mean notable web3 projects that already have products and are doing well. Since I'm talking Ton, maybe TON's official account, or Notcoin, or Stonfi, or Getgems, or even notable exchanges and so on. This is the approach I use for almost all projects when I want to scout for possible airdrops. I even memorized names of notable VC investors like Panthera, Animoca Labs, Binance Labs and so on, who invest in major projects in other blockchains, but let me stick to telegram.
So after that, I also scroll down to their early tweets to have an idea of when the project started because there are a lot of projects that don't have a direction and just follow the latest hype to try to farm the community. Once that is all done, I just look at the time to potential rewards ratio. If I feel I can do it I do it, and If I can't I let it be. There are a couple more factors, like the founders, what the project is doing, hype and so on, but those are subjective.
A lot of my friends often ask me why I'm not doing this and that, and I tell them I just can't. So far the method seems to be working, I haven't missed out on anything significant, and if I do, I won't regret it because I made my choice. I'd rather do two and get a decent reward in those two than do two hundred and get four. it means I'd have wasted precious time and attention. Time is money and these projects know that so try to portion your time and attention to serve you and not just them.
I've come across almost hundreds of projects of recent but I'm currently only doing two actively (One just runs in the background, and the other only takes about five minutes a day to select options). Then I have another four that I do whenever I remember. I won't mention them in this post cause I don't want to be a Shiller, if you ask I'd tell though.
So yeah, that's it, pick wisely, don't get farmed. The majority of these projects are simply looking to farm their users. Weed them out.
THANKS FOR READING
Cover image generated by me using Nightcafe
Posted Using InLeo Alpha
This is very insightful...I think since we met we've been part of a few projects that made us smile, the recently concluded DOGS for example. But yeah, I don't have it in me to keep farming the hundreds of stuff out there, so I'll stick to the few I can, and if the ones I didn't do end up hitting big, I'll simply accept it and take responsibility for the decision I made.
Let's hope for better and more fruitful projects.✨
I really hope we are doing the next one that'll cook. But yeah, anything that happens we are responsible for our decision.
Hmmmm. Sounds like you are pretty wise in selecting the projects in which you should spend time.
In the beginning of my hourney with crypto I joined several airdrops related projects but none of them pain. I eventually felt frustrated and no longer participated in any
Hehe, I am not wise. Luck is a factor, but I try to assist the luck by not just doing any new one that comes my way. I do due diligence to make sure they have funding (which is a major factor, but not the only one), and that the interest of their community is in their minds not just their pockets (this one varies, but the ones interested in only their pockets often try to drag the campaigns as long as possible while doing nothing new or developing any product. They also lay most emphasis on tasks that enrich them. Doing transactions, engaging socials etc)
Things like that go over my head, so I have chosen to be away from them. !LOLZ
lolztoken.com
She really hit the roof!
Credit: reddit
@b0s, I sent you an $LOLZ on behalf of amberkashif
(1/1)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP
😂 😂 That's OK
Fox was here 😍
Interesting except for one thing: those who join and keep tapping do know what crypto i otherwise they would ignore it. Crypto isn't interesting if you don't know how to buy, sell (most likely sell) and use it.
Heh, I guess you're right in a way, they know what it is, but they don't know how it works.
This keep evolving over time. Some time ago it was discord, now telegram is the one accepting the visitors. Hehe. Google form era as expired. We move.
Newbie will learn someone. And someday those who would advance to become will be, and those who would back-out would do. We move. Thanks for the heads up.
Hehe, yeah, everyone has their time to shine.
You mean there are about 200 tapping games at the moment? People are tapping them with the hopes of making it?
So you didn't know? Everyday I see new ones. I have a friend who I don't want to call, but her name is " @queenstarr" who has dropped almost 100 for me to do 🤣
She been working hard 😁
😂 😂 😂 Super hard.
Good analysis of what's happening on Telegram. It's nice that at least two projects paid properly, though. That's not a bad number. I think at least one or two might pay again before the end of the year, but the question is WHICH ONE? 🌚🌚
These are the issues, knowing the right ones. I've sha taken my pick and left the rest. Hopefully I picked right.
Pretty good analysis you gave here. I have been involved in airdrops but never cashed out in any. This current tap games like Hamster Kombat, Tapswap, Blum and CEX.IO are the few I decided to join.
At some points, I lowered my participation because of the series of participation involved and postponement of listing date.
However, Hamster Kombat will be listed on the TON network on the 26th of the very month.
Let's see how it ends.
Hehe, I understand the feeling of lowering your participation. It'll be interesting to see what Hamster drops on the 26th.
I seriously can't wait. I'm beginning to take lectures again.