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Kc  · 09/01/22

Retroactive Airdrop / AltcoinTrading.NET glossary

What is retroactive airdrop and why do some bounty hunters prefer it?
Altcoin Trading Blog

Key Points / Retroactive Airdrop

  1. Retroactive airdrops pay later but possibly better

  2. NFT as keys to revenue generations are starting to happen

  3. Tools for Retroactive Airdrop: #phemex 

Retroactive airdrops are a special type of crypto airdrops that is preferred by some airdrop hunters these days.

The majority preference for crypto airdrops are airdrops that payout as fast as possible. Airdrop and bounty hunters want to be paid quickly and in tokens (fungible or non-fungible) that can be quickly dumped for stablecoins or Bitcoin. That is the general preference.

What are retroactive airdrops

To the contrary of the common preference, retroactive airdrops don’t pay immediately. To participate, you usually need to provide liquidity or do some engagement tasks for a platform that is just being launched.

If you make it among a certain limit of early contributors, you get whitelisted for token airdrops and promo events in the future.

This makes retroactive airdrops riskier than plain airdrops, because you could be sending money to an unaudited platform or to a project that will exit scam. On the other hand, the potential gains are higher - as it should always be with risk and reward.

The platforms most commonly associated with retroactive airdrops are decentralized projects: The DEX trading platforms Uniswap and DyDX, and then ENS which is the Ethereum Name Service.

An alternative to DEX retroactive airdrops

Since the boom of NFT trading in 2021, NFTs have of course permeated the airdrop industry as well.

NFTs as keys to revenue generation

While some hunters scoff at NFT airdrops, the reason being you often can’t sell the NFT easily, there is a new type of airdrop promo that uses NFTs as keys to revenue generation in the future.

Some of these NFTs are necessary to access a play-to-earn game. Some will whitelist a wallet that holds them for future airdrops and other will pay out revenue share to the wallet that holds them.

Collecting these NFTs is less risky than OG retroactive airdrops as you do not need to provide any liquidity. On the other hand, holding such NFTs is pretty close to affiliate income, for which you need the project to actually earn something.

Keep in mind that there will be a lot of failed projects in this space and a lot of “NFT keys” will end up worthless.

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