Many projects these days avoid airdropping to their supporters because of the time requirements and costs that accompany such activities. Unfortunately, it’s not as simple as sending tokens to each address. This would be massively expensive in gas fees and very time consuming.

So distributors either need to build their own distribution and claiming solutions or make use of bulk sending apps which are hugely expensive to use. At the time of writing, to send, in total, 10 PLR to two addresses on Polygon Network, one well known tool was charging just under $200 just to use their distribution tool. This fee goes up the more you want to drop. Then there are still the approval and transaction fees to consider on top of that. That’s why AirdropMe.io is so useful as it employs smart wallet P2P payment channel technology to significantly reduce on-chain transaction fees.

What does it cost?

The tool usage fees are much lower than any other distribution tool on the market today. AirdropMe has our users covered by charging the smallest possible amount of only 1% of the value of the airdrop. Users have the choice to pay this themselves or split it into hardly noticeable amounts which can be paid by each recipient when they claim. The choice is yours.

In this post, we’ll provide a step-by-step guide on how to conduct a token distribution using AirdropMe.io, which should be especially handy for first time users. Let’s go!

Сonnect your wallet

• Go to airdopme.io
• Click on the ‘Get Started’ button
• Once on app.airdropme.io, connect your wallet with the funds you wish to distribute/airdrop by clicking the ‘Connect’ button.
• Set your wallet to the network that you intend to airdrop on.

• You’ll know you’ve successfully connected when the Connect button changes to display your network of choice

Step 1 — Create your personal P2P wallet

• Click the “New wallet” button.
• Confirm the transaction in your connected wallet.

Tip: For Polygon users: Set your gas fee to ‘Market’ or ‘Aggressive’ / ‘Medium’ or ‘High’ on MacOS, to ensure the transaction is successful. If it fails increase the priority.

• Import and backup your private key provided.
• After saving your private key, tick the checkbox ‘I have saved my private key. Proceed to step 2.’

❗️If you have previously created a wallet, you can easily import your AirdropMe private key and gain access to the same wallet again, thereby not paying the gas fees to create another hub (click ‘Import private key’).

Step 2 — Create/Access Hub

• Click ‘Create/Access Hub’ and sign the request using your connected wallet (Note: this has a small network fee if you’re creating a new hub).

Step 3 — Select Tokens

• Select the token you will be airdropping even if there is no balance.

Tip: If you wish to import a custom token that is not on the list, click ‘Import Token’ and fill in the token’s contract address. Once completed, find the token in the list.

Step 4 — Select recipients

• Import a .csv file containing the wallet addresses that you wish to airdrop tokens to. You can check the example link in step 4 for the correct CSV format.
• Your file will appear in the step 4 box.

Tip: make sure the wallet address and the amount to distribute are in two different cells.

Step 5 — Top up and send

• Choose whether you’ll pay the commission or if you intend for your recipients to split the commission by toggling the slider.
• Click the ‘Top Up Hub’ button which will bring up your connected wallet to confirm the transaction. Ensure you send the minimum required amount listed in box 5.
• Once the balance shows up (the tool auto-checks the balance every 20 seconds), select the ‘Submit Airdrop’ button.
• Copy and save the claim URL.
• Once your airdrop is confirmed, you will be shown a confirmation screen.

Share the claim link with your airdrop receivers who can then follow the link, connect their wallets and claim their tokens.

Now your airdrop is done!

Want to join the affiliate program and earn some $$$? Learn more here.

Follow us:

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Why & How To Airdrop with AirdropMe.io was originally published in Etherspot on Medium, where people are continuing the conversation by highlighting and responding to this story.

AirdropMe.io has opened up an affiliate program which allows members the opportunity to spread the word about it and earn percentage rewards when their referrals perform airdrops.

What is AirdropMe?

AirdropMe.io is a Web3, future-ready reward distribution tool that is re-popularizing airdrops with its ability to slash costs associated with rewarding large groups of users and DAO governors. It operates on Ethereum, Polygon, Gnosis Chain, Binance Smart Chain, Arbitrum, Optimism, Fantom, Celo, Avalanche, Aurora and Moonbeam.

AirdropMe is powered by the Etherspot.io SDK, which gives it all of it’s next-level capacity like massively reduced gas fees through the use of transaction batching or gasless transfer with the use of payment channels for example.

AirdropMe also allows users the choice to split the tool usage fee between all recipients receiving the rewards. This results in the fee being divided into many, hardly noticeable amounts paid by each user from their rewards.

Steps to joining the affiliate program

1. Fill out and submit the google form
2. Join our Telegram group and reach out to @denispillar, @braj1110, @bobasaki, @MICHA1949 or @vladaincrypto to get your personalized referral domain
3. We will provide you with a personalized subdomain URL which you can share and encourage cryptocurrency projects, DAOs or influencers to send their airdrops or rewards using AirdropMe.io
4. At the end of each month, your subdomain will be monitored for activity.
5. If airdrops or distributions have been performed from your subdomain, you will get 10% of the revenue.
6. For example, lets say we have 5,000 participants of an airdrop, the reward is $30 per person. The fee — $0.30 per person. Total revenue: $1,500 and you get $150. The more projects you invite, the higher the reward will be!

You can learn more about AirdropMe.io by watching the tutorial video below or head to our website to check it out yourself.

Here’s to your affiliate success with AirdropMe.io!

Let’s go!

Checkout all our products and dApps (more coming soon):

Etherspot.io | Discord | Twitter | Telegram | Medium

AirdropMe.io | Twitter | Medium

Pillar.fi | Discord | Twitter | Telegram | YouTube | Blog

How to become an AirdropMe affiliate and earn $$$ was originally published in Etherspot on Medium, where people are continuing the conversation by highlighting and responding to this story.

“AirdropMe is officially the cheapest bulk distribution tool on the market” Here’s how to save thousands of $$$$ when distributing airdrops

AirdropMe.io is a game-changing new web3 dApp that is making airdrops on Ethereum popular again — On many networks for that matter. It dramatically reduces the lower (but still high) costs of airdrops on other blockchains too. Additionally, AirdropMe.io puts the choice in the airdrop distributor’s hands about who should pay the commission. Read on for more…

Why Airdrop?

Airdrops have been a popular method of growing awareness of crypto tokenized projects and growing engaged audiences and communities.

One of the most famous and well implemented of these was the Uniswap airdrop. Uniswap distributed 400 UNI tokens to all their retroactive users.

At the time, the price was ranging between $2 and $4, and many sold their tokens for a nice “free” profit. Those who held on, however, saw the price surge to upwards of $30 per token.

This resulted in lots of positive talk about Uniswap and many users developed deep gratitude and trust for the project. Not only was Uniswap able to show great appreciation for early adopters of their project but it turned out to be a brilliant marketing exercise too.

Since then the Ethereum gas price has been steadily rising, turning more and more organisations off using airdrops to reward their communities or turning them to Layer 2 networks.

This is totally understandable when the fees are examined.

What Are The Usual Fees?

Let’s say you have ERC20 or native tokens to drop to 1000 people, using other distribution dApp, you’d pay:

1. A network gas fee to load up your tokens for distribution to the bulk distribution app
2. A fee to use the bulk distribution tool
3. And finally the gas fee for the actual token distribution
4. Quite often projects will let users claim the airdrop (to avoid scam dropping to wallets) which will cost the user a claim transaction fee.

• Using currently available tools on the market, it could cost upwards of $20 000 in gas fees alone (not including the tx fee to fund the distribution wallet).
• On mainnet Ethereum, airdropping 1 ETH to 10 000 people would cost a staggering $260 000.
• That’s not including distribution tool fees or, if you’re developing your own tool, the time and dev expenses incurred.

Enter AirdropMe…

AirdropMe.io slashes token distribution fees and is now the cheapest tool on the market of airdrops and reward distribution. Move over Robin Hood, here comes AirdropMe.io

• With AirdropMe you can flip the model above on its head by ONLY paying for ONE transaction gas fee when loading up your tokens to distribute!
• This significantly cuts your fees and costs
• You’ll have the flexibility to choose if you’d prefer to pay the tool commission or if your users should split this fee into many small, manageable amounts when claiming.
• Additionally, AirdropMe is an accessible tool available to all. You don’t need to code anything. Anyone can send tokens easily via the AirdropMe.io dApp — no tech skills required!
• AirdropMe quickly distributes your tokens to be claimed by your target audience.
• Hey presto! Your airdrop is done quickly and cheaply.

Which Blockchains are Supported?

You can airdrop ERC20 or native tokens to your community members on any of Etherspot.io SDK’s (airdrop is built on Etherspot SDK) supported chains. Currently these are: Ethereum, Polygon, Gnosis, BNB, Fantom, Avalanche, Aurora, Moonbeam, Optimism and Arbitrum with more to come very soon.

What Can You Expect to Pay Using AirdropMe?

Sticking to the same example used for other airdrop distribution tools above, here is what you can expect to pay using AirdropMe.io:

Let’s say you have ERC20 or native tokens to drop to 1000 people on Ethereum mainnet

• The first time you use the tool, you’ll set up a payment hub/ or distribution wallet which will attract a network transaction fee. ($35 at the time of writing ) Once this is created the hub can be used as many times, for as many different airdrops or distributions as you wish, meaning this is a once off fee. (Just backup your private key and re-import the hub anytime for free.)
• After that, you will only pay ONE network transaction fee to fund your wallet with the tokens you wish to distribute.
• The next cost is optional. You have the choice to pay the 1% AirdropMe commission which will be added to your distribution amount OR you can set it so all receivers pay a tiny portion of the fee leaving you with no commission to pay.

What Can The Receiver Expect To Pay?

Once your airdrop has been distributed through AirdropMe, you will receive a link to share with your receivers. They will be able to go to the link landing page, connect their wallet that received the drop and claim their share.

As usual, there will be a network transaction fee associated with the claim.

The costs:

• Transaction fee (Polygon for example is currently around $0.01 per transaction
• If you’ve set the ‘user pays commission,’ then they can expect to split the 1% commission between all your airdrop receivers. This is batched with their transaction fee, which reduces costs further.

> Let say your drop is worth $10 000 to be distributed between 3000 participants, the commission is $100 / 3000 = $0.03 per user

• All in all, the user would pay $0.04 in this example!

Actual Use Cases:

• Pillar Multichain Wallet, also built on the Etherspot SDK, is currently running their Genesis NFT Collection campaign and wanted to send MATIC tokens to 19 of their users who’d staked PLR so they didn’t have to pay the fees for unstaking.

Send 0.19 Matic to 19 addresses (0.018 MATIC each)

• First they tried a well known, popular bulk sender dApp and the total distribution fees were 105 MATIC / $ 175.38 (!!) to distribute less than $1
• AirdropMe cost them 0.018 MATIC / $ 0.03 to do the same.
• Now imagine the cost if you have 3000 / 10 000 participants.

They clearly had a winner!

Examples of using other tools:

On Polygon:

• 1 MATIC per user to 1000 users would cost 215.92 MATIC to move the funds to the app and $326.04 in gas fees to send (@ 450 GWEI) and would take 2 separate transactions.

On Ethereum mainnet:

• To send 1 ETH to each user, with a total of 1000 users would cost 10.77 ETH / $ 36,355.68 to move the funds to the app and $26,322.00 in gas fees to send

These are just some examples of the savings you can make with AirdropMe.io

Start Using AirdropMe.io

So, If you’re planning on running an Airdrop or distributing any sort of crypto rewards, don’t give away a massive chunk of your project’s budget just to distribute.

Rather use AirdropMe.io for your brand awareness and community appreciation airdrops, it’s clearly a cheaper and more efficient route.

Get started today by going to airdropme.io and peruse our tutorial on using the tool.

Here’s to your savings!

Connect with us for more information:

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AirDropMe — A Powerful Tool That Drastically Reduces Airdrop Distribution Fees was originally published in Etherspot on Medium, where people are continuing the conversation by highlighting and responding to this story.