Telegram DOGS Airdrop: Players Reach 53 Million But Eligible Only 42.2 Million

Bittime - Is it true that Telegram's DOGS airdrop reached 53 million users but only 42.2 million were eligible? Let's discuss it in more depth.

What are DOGS?

DOGS is a crypto project based on Telegram. By leveraging the popularity of this instant messaging platform, DOGS managed to attract millions of users to participate in their airdrop.

Read Also: DOGS Listing Announcement

Airdrop DOGS Telegram Reaches 53 Million Users But Only 42.2 Million Are Eligible

According to the official statement on the official Telegram, of the 53 million users who joined the @dogshouse_bot account, only 42.2 million were eligible for the airdrop.

Later, on August 20, it is estimated that more than 400 billion $DOGS tokens will be distributed to users, with an average ownership per user of 9,500 tokens.

Factors that Influence the Number of Eligible Participants

There are several factors that can explain why not all DOGS Telegram airdrop participants were declared eligible. Here are some of them:

Strict Terms and Conditions

Each airdrop project has different terms and conditions. As with other regulations, DOGS may have quite strict requirements.

Such as the minimum number of messages sent, number of groups joined, or time spent in groups. Not all participants succeeded in fulfilling all these requirements.

Bots and Fake Accounts

Many bots and fake accounts were created to participate in the airdrop with the aim of getting free tokens.

The DOGS project has likely carried out verification to differentiate between real and fake accounts. These fake accounts will of course not be considered eligible.

Rule Changes

During the airdrop period, there may be changes to the terms and conditions. Some participants who were previously considered eligible may no longer be eligible after changes to the rules.

Resource Limitations

The DOGS project may have limited resources to verify all participants. Therefore, they may only verify a small portion of the total participants.

Read Also: Telegram Game Tapos from Aptos Drives APT Token Surge

Why Are Telegram DOGS Airdrops So Popular?

The popularity of Telegram DOGS Airdrop cannot be separated from the following factors:

Ease of Participation

Telegram is a very easy to use platform. Participants only need to follow a few simple steps to participate in the airdrop.

Potential Profits

Each airdrop of course offers potential profits for its participants. If the value of DOGS tokens increases in the future, eligible participants will benefit.

Efek FOMO (Fear of Missing Out)

The FOMO phenomenon often occurs in the crypto world. When many people participate in a project, other people will feel afraid of missing out on the opportunity and join in.

Tips for Participating in Airdrop

If you want to participate in airdrops in the future, here are some tips you can do:

Understand the Project

Before participating, make sure you understand the project well. Read whitepapers, roadmaps, and review development teams.

Pay attention to the Terms and Conditions

Read the terms and conditions carefully. Make sure you meet all the requirements set out.

Don't be easily fooled

Beware of scam projects. Don't easily believe promises of unrealistic profits.

Portfolio Diversification

Don't invest all your funds in just one project. Portfolio diversification is key to minimizing risk.

Conclusion

Telegram's DOGS airdrop is an interesting example of how crypto projects leverage the popularity of social media platforms to attract interest. 

Even though the number of eligible participants is not as large as the total number of participants, this airdrop still succeeded in creating a buzz in the crypto community.

For news about airdrops and other DOGS listings, you can find them on the Bittime blog page.

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