ICOS where 100% of supply is distributed via airdrop - why do they have value?

[SomeJasonGuy]

I've never understood why ICOs that don't raise any money and distribute all their tokens via airdrop stand to have any value or benefit in any way. If the point of the ICO is to raise money to fund development and operations what sense does giving away all your tokens make? isn't this a risky move since all you're doing is hoping that the token has value at a later point of time?

[muncuss]

Why airdrop your token? coz to expand user base and community.
why give away all your token? (are you sure some dev create a coin and throw ALL the coin? no, they keep some). And development fund? they probably take it from their own pocket or private sale.
 sh*t token, like majority of airdrop has no development after airdrop. and why that sh*t token sometimes has a value coz people want it has a value

[alex-nn]

They have enough money from instituonal, venture investors and want to promote to crowd their coin and product, make own community that will use their coin

[Flangler]

The good example here is TWIST coin, they were airdropping 87k to each user who put TWIST address inointalk bitc location. https://stocks.exchange/trade/TWIST/BTC. Now it worth over 300$

[Dasha88fed]

The good example here is TWIST coin, they were airdropping 87k to each user who put TWIST address inointalk bitc location. https://stocks.exchange/trade/TWIST/BTC. Now it worth over 300$

A good example of really profitable airdrops, I have not heard about this case before. It often happens that airdrops brings a maximum of a couple of dollars, which can not be sold because of restrictions on the exchange. I believe that the value of a coin is attached to a community that has it and uses it, so these coins also have value on the exchange, although it is strange to see how coins without a finished product and road map have value.