Is anyone interested in Free NFT Giveaways? And Here is Why You Shouldn’t

Houman Asefi
4 min readMar 13, 2022

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Updated: Feb 23

Airdrops are abundant, but everyone keeps asking this one question… are people actually interested in free NFTs? Airdrops may be free giveaways, but they do come at a cost — your time. If airdrops aren’t giving out something that provides real value to the user, then it’s hard for users to see their point of them. So… is anyone interested in these free NFT giveaways?

People often ask me about the Free NFT giveaways that I hold every few months. So I’ve decided to write a post explaining why you should get involved in free NFT giveaways.

I noticed that a lot of people are looking for an NFT giveaway on the Etherian Leaderboard. I obviously take part in giveaways frequently and am familiar with both the benefits and the downsides of them. So, I wanted to write an article about the reasons why you shouldn’t participate in giveaways.

You can’t deny the fact that crypto-based collectibles are a great marketing tool for crypto games. They are an inexpensive and easy way to bring in users. The majority of these collectibles will never be worth anything, however, NFTs will continue to be a popular marketing tool regardless.

So I have been doing some crypto giveaways lately since I heard about it from a popular Twitter account. The thing is that most of the time, there are not too many people participating and the giveaway can end up being just me and another person.

I’m sure you’d agree that crypto games are fun and all, but there’s no denying they have a steep learning curve to get the basics down. Most are confusing, old-looking and invite little interest. But what if I told you there was a game that may change your mind?

Gambling with crypto tokens was once a novelty, then it turned into a super-hot industry and now there are over 200 blockchain games on the market.

If we’re honest as crypto enthusiasts, you’re ultimately waiting for the “next Bitcoin.” The next Cypherpunk movement. The new phenomenon that will make you instantly rich. You may have missed the last one, but this article is a testament that there are still a lot of opportunities out there to turn smart investments into lots of money.

Airdrops are everywhere, and so is the speculation. Some see them as the future of the crypto space. Others see them for what they are — giveaways. But do people actually care about NFT giveaways? And can airdrops give users something that is worth their time, or is it just all flash with no substance?

There’s a healthy amount of skepticism in the crypto community when it comes to airdrops. Sure, they are free giveaways, but do they actually provide value to users?

People like free stuff. But, because of the hype around airdrops, not everything is worth our time. You have to put in a lot of hard work and have an actual use for the token to make it worth it.

With an airdrop, you are provided with free tokens.

Hey! We’re Bunkion, and we’re here to tell you that no, no one is interested in free NFT giveaways. But here’s why you shouldn’t care — and why we’ll keep doing them anyway.

I mean, if you’re a dev or an organizer of a game, it’s hard to make any money off of your game. That’s the harsh reality we face every single day! The games we love are free to play, but they need more than that to survive. So that’s where NFTs come in: they let you get more money out of your game without charging players any additional fees. They can even be fun for fans of your game by giving them something new to collect and trade. But just because they can help your bottom line doesn’t mean people want them. And yet… it turns out that people do want NFTs after all! You might laugh at this, but we’ve been giving away NFTs for ages now and have given away over $50,000 worth so far! Wait… what? Yeah, you heard us right! So if you’re a dev or organizor looking for some new ideas about how to make money off your game, give some free NFT.

So, by now you think are you interested in owning some NFTs? Well, I’m not sure if you’ve heard of NFTs, but they’re non-fungible tokens. In other words, they are unique digital assets that can’t be replicated or destroyed. Some people collect them. And some people buy them to gain access to a crypto game that they’re excited about. And here’s where the problem comes in: there are too many giveaways out there right now. Because some people want free things and others want to give away free things, there is just way more supply than demand when it comes to free NFTs right now. So here’s the dilemma: do you give something away that you love and potentially become a part of the problem… or do you hold on to the thing you love and miss out on an opportunity to get something in return? I think the answer is pretty clear: don’t give away your NFTs for free! Not only will it help keep a tight market and encourage others to do the same — giving everyone who owns NFTs more value — but it will also help YOU find a buyer for your asset when you’re ready to sell.

So, in general I would not recommend for you to get airdrops and free NFTs unless you know the founders well enough and you are sure that they are going to make it.

Reach out to me if you want to discuss your Web 3.0 startup.

www.houmanasefi.com

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Houman Asefi
Houman Asefi

Written by Houman Asefi

Strategist | Operations Leader | Problem Solver | Transformation | People, Process, and Growth Nerd | SEO | Ex-Cisco

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