Honestly, one of the most attractive ideas in crypto is earning coins for free, without investments. And retrodrops are exactly what every user dreams of. Essentially, retrodrops are when a project distributes tokens to those who have already used it, simply as a thank you for their activity.

It all started with Uniswap. I remember when they launched their UNI – it was just a explosion in the community. People who traded on the exchange suddenly received free tokens. During the 2021 bull run, UNI soared above $40, and users who caught the drop made astronomical amounts. Thousands of dollars just for swapping tokens months earlier. Naturally, after that, everyone started hunting for retrodrops.

Now every other crypto enthusiast tries to create multiple wallets, spend time on all kinds of DEXes, mine NFTs, and dream that retrodrops are their path to wealth. And it has to be admitted, sometimes it really works. But MetaMask is a classic example of dashed hopes. Rumors had been circulating for years, but the token never materialized.

For the projects themselves, retrodrops are simply a golden way to attract users. They don’t need to pay anything upfront; they just distribute what they’ve already created. It results in activity on the network, points with investors and exchanges, and the project itself costs nothing. By the way, some don’t give anything at all afterward, despite promises.

There are pitfalls that many overlook. First, fees. Especially on the Ethereum network, this can eat up a significant chunk of the profit. Second, no one knows the conditions in advance. Developers don’t reveal the criteria, and you might spend hours thinking you’re on the list, only to find out you’re out of luck. And the main thing – the size of the drop is completely unpredictable. One project gives out, say, $200 per account, another – just 25 cents. So, retrodrops are a lottery with unknown odds.