FEATURE: 'We made close to $1 million': Inside the murky world of airdrop farming By Timccopeland
While the tactic can be highly profitable, it comes with financial risk and ethical questions.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Crypto airdrops are back with a vengeance.
LEOresearch has been operating in crypto since 2020. They maintain a Telegram channel that pushes crypto information to more than 56,000 Russian speakers from the Commonwealth of Independent States region, as well as an active side chat comprising 6,000 members.During the crypto bull market, LEOresearch focused on making money by investing in token sales and offerings.
On top of this, they have recently started trialing software that automatically makes transactions regularly while also randomizing the amounts and frequency of them — a move that makes airdrop farming far more efficient. “A couple of my friends made half a million from that error and I’m like, ‘what the hell am I even doing?" they said.
Alpha Drops founder Aram Barzani, 28, from Erbil, Kurdistan, said he set up the site in May 2022 as a clearer way to make this information available, having previously run a widely shared spreadsheet used by airdrop farmers. He said he saw a community growing around airdrops and soon saw a rapid growth in followers on Twitter.
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