🌎The Future of Airdrops

Market opportunity

Any figures or projections are based on external data and are not verified or endorsed by us. The historical value of airdrops is not a reliable indicator of the future value of airdrops.

Let's start off with this; In three years $30b+ has been airdropped.

While the allure of 'free money' has made airdrops a mainstay since 2015, the strategic implications of airdrops have evolved considerably over the years. Early airdrops, often sporadic and untargeted, aimed primarily at gaining attention. In contrast, today's airdrops, more deliberate in their approach, serve as powerful tools for platforms to cultivate a loyal user base, incentivize specific behaviours, and foster community growth.

Recent data underscores the volatility and dynamism inherent to the airdrop industry. For instance, certain platforms have witnessed significant fluctuations in Total Value Locked (TVL), with some experiencing growth rates as high as 319% and others seeing declines up to 99.7%. Such variability reflects not only the industry's nascent nature but also the shifting strategies and external factors influencing the value and impact of airdrops.

The bar chart sourced from CoinGecko visualizes the annual value of airdrops in billions of USD from the year 2013 to 2062. The y-axis represents the market size in billion USD, while the x-axis represents the years. The bars, colored in sky blue, show a clear upward trend, illustrating the exponential growth in the market size of airdrops over time. The dotted red trendline, which is fitted to the data using a polynomial model, further emphasizes this growth pattern. It starts off relatively flat in the initial years, then rises sharply, reflecting the compounding effect and the rapid increase in the value of airdrops as more projects and participants become involved. The projected future growth remains steep, indicating that the market size of airdrops is expected to continue increasing at a rapid pace in the coming years.

The first chart reveals a fluctuating yet generally increasing trend in the average dollars earned per airdrop over the years, with some peaks and valleys indicating variability in the market. The second chart illustrates a clear upward trend in the total number of wallets, demonstrating significant growth in the number of participants in the airdrop ecosystem. The third chart shows a similar upward trend in the number of airdrops, highlighting the increasing popularity and prevalence of airdrops over time. Lastly, the fourth chart provides a scatter plot that explores the relationship between the average dollars earned per airdrop and the total number of wallets. Again, all projections and estimates have not been verified nor are endorsed by us and we are unaware if the assumptions to these charts have factored in the probability and impact of regulation and contractual conditions that limit or prevent airdrops and airdrop farming.

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