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Has every crypto enthusiast dreamed of free money? And not just dreamed – many have actually received it through retrodrops. This is when a project simply gives tokens to its users for doing something there.
It all started with Uniswap. When they released UNI and conducted a large distribution among users, many people gained real wealth. At the peak of the 2021 bull market, the price of UNI soared above $40, and some lucky ones made thousands of dollars from it. Just for trading on a DEX exchange. Since then, the entire crypto world has gone crazy over the idea of retrodrops.
Now users try to register everywhere: open wallets, trade on all possible DEXs, mint NFTs, hoping that some project will suddenly give out tokens. And honestly, these hopes are often justified. Although there are cases – like MetaMask, for example, they waited, waited, and no token was ever given. There were many rumors, but zero results.
For new projects, retrodrops are a goldmine. They are user activity, metrics for investors, reputation with exchanges. Meanwhile, the project itself practically spends nothing. Tokens are not real money; they are just numbers on the blockchain. And in general, the project owes nothing to anyone – they can issue a drop or forget about it.
But there is one caveat: retrodrops are not always free. Fees on the Ethereum network can be crazy. Plus, no one discloses the conditions in advance – you just guess whether you will get a drop or not. And everything depends on the market and the developers’ mood. One project accumulates conditional $200 per user, while another gives out 25 cents. Recently, it was just like that – people expected a big retrodrop but received pennies.
So, a retrodrop is a lottery. A good lottery, but still a lottery. You can make a nice sum, or you can spend time and money on fees for nothing. But the crypto community still doesn’t give up – they keep waiting for the next big drop.