Linda Xie pfp
Linda Xie
@linda
Gauging opinions - what is the lowest $ threshold per claim you would be happy with for the airdrop offers? Standard budget from teams is $10K -> 1.5K-2K users. Right now the amounts are often $5-7 which feels like a sweet spot in balance but open to feedback. The lower the amount the more users can be included
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Matthew Fox 🌐 pfp
Matthew Fox 🌐
@matthewfox
Think it's calling them airdrops that triggers people since the expectation is random generational wealth Pressing a button and getting any amount of $ should be a good thing, just feels like expectations are off because of the naming association
4 replies
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Angel pfp
Angel
@sayangel
My $0.02: consider renaming them. The airdrop word carries a lot of weight in the space that people can’t part ways with. Seeing as these tend to be meant to drive traffic they’re closer to promotions, incentives, rewards. These are more like when hello fresh offers me $100 in credit to resubscribe.
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Jacob pfp
Jacob
@jrf
$5 is very generous to get someone to click a button
3 replies
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androidsixteen pfp
androidsixteen
@androidsixteen.eth
Maybe a controversial opinion, but I actually think higher amounts to less people (and rotate / mix up distribution) would be better. Eg. $200 to 50 people Larger amounts are more memorable and life changing, and in line with crypto expectations of airdrops You could even stagger amounts like the usdc rewards program based on certain contribution / qualification criteria that the devs can select
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Igor Yuzovitskiy pfp
Igor Yuzovitskiy
@igoryuzo.eth
I would say lower for example if it's $4, the marginal $1 difference increases distribution by 25%. $4 reaches 2500 = $10k $5 reaches 2000 = $10k
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Fran pfp
Fran
@0x99fran
So coinbase used to do like $1-3 quizes on new tokens. We have miniapps currently that give away cents of different tokens and are liked. You can definitely give away less than $5. But don’t call it an airdrop. If you going to call it an airdrop I think it needs to be at least enough to buy a burger.
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jtgi pfp
jtgi
@jtgi
you should take anonymous answers imo
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Colin Charles pfp
Colin Charles
@bytebot
i think $5 is generous. frankly, even teh $1 offered when solana came alive is generous. this isn't life changing money, its mean to be like a stimmy
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AusaRšŸŽ© pfp
AusaRšŸŽ©
@ausar
5$ is very generous. However, i believe selling penalties should be reconsidered. I wrote a cast about this but to sum it up: 1. What if the $5 ends up being worth less and i sell it by mistake / in a warplet auto swap recommended by the wallet ? 2. what if i already had more tokens than what i've been airdropped, and i usually trade them? 3. I think account value (neynar score, follower's number, builder score, airdrop eligibility factors, etc) are worth more than selling or holding (basically ignoring) a 2-5$ handout. https://farcaster.xyz/ausar/0xefa46582
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shoni.eth pfp
shoni.eth
@alexpaden
Teams are paying $10k? I’d feel luckier to get a % of something I’m interested in than $5 I can’t sell..but I guess that’s not a norm
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zoldy.base.eth pfp
zoldy.base.eth
@zoldy.eth
@linda I don't mind the numbers, I'm just confused why every time there is an airdrop I always don't enter the criteria. Even though I'm sure I've followed the existing criteria, and strangely my friend who is rarely active gets the airdrop. I feel like there's something wrong with my account.🤣
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eirrann | he/him pfp
eirrann | he/him
@eirrann.eth
Whatever the dollar threshold, should be enough to make meaningful use of the project app
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phil pfp
phil
@phil
I would focus on the branding to reset expectations. Rebranding as Farcaster Earn or Farcaster Incentives probably helps to reframe.
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Coop pfp
Coop
@coopahtroopa.eth
Happy is subjective based on a user's previous airdrop history Getting $5-7 doesn't move the needle for me personally. It's a nice look but doesn't make me feel inclined to seriously use the product or pay attention to the token. As some others stated I think higher $$ amount going to a smaller number of dedicated users who have show interest or are more likely to use it I think would lead to better retention. IMO it needs to feel like a "jackpot" or something that people want to actively grind to receive airdrops that feel meaningful to them. To answer the question directly - I would say $100 per claim would make me interested enough to stick around and keep tabs on the app and token I also think it should go to people who work to receive it - not just to people who happen to be on FC or have a large following. The more specific and targetted it feels to users who deserve it I think the retention will be a lot higher
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Garrett pfp
Garrett
@garrett
I’d like them to be more like $10 threshold overall but i think the $5-7 is fine. Could be cool to add in some outsized rewards at random within the $5-7 structure. I think that some larger rewards could drive some marketing if the teams had the ability to target specific users for a chance at an outsized reward Renaming them quests or earn campaigns might help too although I do like that these kinds of airdrops help reframe the word a bit
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tricil pfp
tricil
@tricil.eth
I’m happy with anything, just grateful to be included when I am. I want to highlight that most through out this discourse. Thank you.
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Philippe Castonguay pfp
Philippe Castonguay
@phabc
I think for a social network, 5-10$ is great41. Been enjoying having free eSIMs paid by weekly rewards :)
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Nick Ducoff pfp
Nick Ducoff
@stoic
Honestly, I think you got it right with $3. That’s a free dunkin coffee!
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Tayyab - d/acc pfp
Tayyab - d/acc
@tayyab
Amount is fine. I find the ā€œafter the airdropā€ flow broken. I wish the token was more immediately useful after the airdrop. Maybe it’s my own laziness.
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