That's how they gather millions easy nowadays and we can say that perhaps someone will say that it's a scam but on the other hand will say that it's not because soon, they'll release the tokens and it will become tradable. A scam doesn't release tokens or if it does, a rugpull would happen as soon as it is on exchanges. Many projects are doing this to their own communities and yet, their participants are still willing to participate and pay them with that for their tokens because they don't want to miss out the opportunity from the airdrop that they've worked on.
It's hard to accept that for some reasons if you have spent quite a while for those airdrops and then with just a requirement of doing a transaction in TON, you'll stop. As for me, I have never done any of it and only sticking to the free ones that don't require me to do transactions while it is attracting me, I don't want to spend any penny with these airdrops unless I've got really some idea that the project will be valuable.
Topic: Can it still be regarded as scam? - page 2. (Read 326 times)
First of all airdrop is supposed to be totally given for free the only payment that should be made by participants is the time taken to mine the coins and the tasks that is required by the project organizers to be performed by the participants. A project becomes a scam if they fail to fulfill their promises after participants are done mining the project, second, if a certain percentage is listed by the project as the amount to be shared by the participants, if their is a fee to be paid in order to receive a reward if the amount that is listed is not given to the participants after the payments project has failed ane it should be regarded as scam since they couldn't do what they promised after taking fees from the airdrop participants.
The airdrop mechanism is different now than in the past, you might think that airdrops should be given away for free but this is not the case, there are still ways for them to claim their tokens by paying for example LayerZero (ZRO) but this is the best airdrop when they claim because the price is high.I would not consider airdrops that have to pay to be fraudulent, because you have to judge how far this airdrop is given and what the terms and conditions are of course at the beginning will not be told by the team and this is their own policy, while the community is happy some are not.
First of all airdrop is supposed to be totally given for free the only payment that should be made by participants is the time taken to mine the coins and the tasks that is required by the project organizers to be performed by the participants. A project becomes a scam if they fail to fulfill their promises after participants are done mining the project, second, if a certain percentage is listed by the project as the amount to be shared by the participants, if their is a fee to be paid in order to receive a reward if the amount that is listed is not given to the participants after the payments project has failed ane it should be regarded as scam since they couldn't do what they promised after taking fees from the airdrop participants.
What about a scenario where a project after requesting for such payment from participants actually airdropped but to just about 15% of their participants out of a 100% that made that TON payment task. Can that still be regarded as some form of scam? since the notion has been that most of these airdrops that request some fee to be paid don't usually fulfill their promise.
Yes, it's a scam and it's a ponzi scheme where the first participants are paid, but the later ones are scammed. That happens due to the fact scammers use the initial funds being paid by the participants to reward some of them, so they will share on their social medias and groups the airdrop is legit, encouraging other participants to send money as well. However, the last ones to send don't receive anything, and that is where the scammers make their profit from.Right after, the project ends, nobody else talks about it and the thieves come back with a new fresh brand to start the scheme once again. The scheme from one bullish cycle to another is never the same, but there are always many similarities.
Now from a different angle aside from an airdrop project been regarded to as scammers when they request people to pay some TON and didn't airdropped. What about a scenario where a project after requesting for such payment from participants actually airdropped but to just about 15% of their participants out of a 100% that made that TON payment task. Can that still be regarded as some form of scam? since the notion has been that most of these airdrops that request some fee to be paid don't usually fulfill their promise.
They cannot be regarded to as scammers if they paid, but why not pay people that made the transaction another allocation than people who failed to do as to justify the entire scenario.I have seen how other projects do, they take snapshots of their participant’s achievements since they are all in record, and they hide their criteria to give their respective allocation based on your performance so far in the project, but making the ton transaction mandatory is a red flag from any project despite how close they are to listing because they can run with the money been accumulated for them without paying the participants.
Nevertheless, making a ton transaction has been made mandatory on some projects but it’s very minimal amount that is not significant just to make sure the wallet being connected is active.
What about a scenario where a project after requesting for such payment from participants actually airdropped but to just about 15% of their participants out of a 100% that made that TON payment task. Can that still be regarded as some form of scam? since the notion has been that most of these airdrops that request some fee to be paid don't usually fulfill their promise.
That's outright scamming, If you set the rule on how participants will qualify for the airdrop and you did not fulfill the promise, then people will lose trust on your project.
When the community has a hint that developers are not transparent and they are abusing their investors or the community, then there's a possibility that the project is a potential scam.
OP's issue is about not sending coins to all who paid an amount just to get their shares of the airdrops, so when they paid the required fee, then it was a contract that the developers must fulfill, failure to do that will cast doubt on the integrity of the project, I hope all those who paid get all their shares,
In the first place, this is an airdrop, so it should be free.
OP's issue is about not sending coins to all who paid an amount just to get their shares of the airdrops, so when they paid the required fee, then it was a contract that the developers must fulfill, failure to do that will cast doubt on the integrity of the project, I hope all those who paid get all their shares,
In the first place, this is an airdrop, so it should be free.
This is certainly a scam. If they just wanted to be sure users are holding a good amount of TON on wallet, they could have always checked the balance of the connected wallet. If they wanted transaction activity, they could have just asked for 0.01 TON. A specific and large amount like 0.5 TON might turn into a scam as even though they distribute tokens, its value might not be over the value of 0.5 TON. Even if users makes profit for the talked project, such trend would surely make more and more scams.
Incase you're wondering, this post is what inspired this my topic. So It's no news that we are at a period where airdrop projects are flying around thanks to telegram mini app which is where most of these projects are cooking. With the airdrops trend I have come across many topics relating to it especially in the area of scam about some these mining project after which people might have spent their time executing different tasks daily for months just to be told towards its end that they have to pay some TON to stand a chance of gaining from the airdrop which some don't eventually fulfill their promise.
Now from a different angle aside from an airdrop project been regarded to as scammers when they request people to pay some TON and didn't airdropped. What about a scenario where a project after requesting for such payment from participants actually airdropped but to just about 15% of their participants out of a 100% that made that TON payment task. Can that still be regarded as some form of scam? since the notion has been that most of these airdrops that request some fee to be paid don't usually fulfill their promise.
Now from a different angle aside from an airdrop project been regarded to as scammers when they request people to pay some TON and didn't airdropped. What about a scenario where a project after requesting for such payment from participants actually airdropped but to just about 15% of their participants out of a 100% that made that TON payment task. Can that still be regarded as some form of scam? since the notion has been that most of these airdrops that request some fee to be paid don't usually fulfill their promise.
In my opinion, if someone is paying to participate in an airdrop, then they are no longer participating in an airdrop. They are buying a token that they don't even know what the future will be like. It makes no sense to pay to participate in an airdrop. Even if they charged $1 for people to participate in an airdrop, it makes no sense to pay. Imagine how ridiculous it would be for someone to pay $1 to participate in an airdrop and still have to do tasks like share the project link on their social networks or in forum threads. This is crazy. People don't realize that when they are participating in an airdrop, as a condition of being paid, they must perform tasks, so they are not being given free money, they are being paid for the advertising work they are doing. It's the same thing that happens when a company pays a singer to promote the company's products. The singer is not getting free money and I consider it a scam when a project charges participants to participate in an airdrop
What about a scenario where a project after requesting for such payment from participants actually airdropped but to just about 15% of their participants out of a 100% that made that TON payment task. Can that still be regarded as some form of scam? since the notion has been that most of these airdrops that request some fee to be paid don't usually fulfill their promise.
That's outright scamming, If you set the rule on how participants will qualify for the airdrop and you did not fulfill the promise, then people will lose trust on your project.
If people participate, then they deserve to get what they worked for, Take a look at Dogs it did not ask for payment to qualify, but all participants received their allocation, and so the project has moved forward to their development.
They need to make sure that everyone that pays to receive their allocation should receive it on time, no one should be left behind or people will mark their project as a scam.
Incase you're wondering, this post is what inspired this my topic. So It's no news that we are at a period where airdrop projects are flying around thanks to telegram mini app which is where most of these projects are cooking. With the airdrops trend I have come across many topics relating to it especially in the area of scam about some these mining project after which people might have spent their time executing different tasks daily for months just to be told towards its end that they have to pay some TON to stand a chance of gaining from the airdrop which some don't eventually fulfill their promise.
Now from a different angle aside from an airdrop project been regarded to as scammers when they request people to pay some TON and didn't airdropped. What about a scenario where a project after requesting for such payment from participants actually airdropped but to just about 15% of their participants out of a 100% that made that TON payment task. Can that still be regarded as some form of scam? since the notion has been that most of these airdrops that request some fee to be paid don't usually fulfill their promise.
Now from a different angle aside from an airdrop project been regarded to as scammers when they request people to pay some TON and didn't airdropped. What about a scenario where a project after requesting for such payment from participants actually airdropped but to just about 15% of their participants out of a 100% that made that TON payment task. Can that still be regarded as some form of scam? since the notion has been that most of these airdrops that request some fee to be paid don't usually fulfill their promise.
I almost agree with your outburst as I have gone through the same phase. A recent example is Catizen, which has been doing what you are trying to convey through this topic.
I still would not consider it a scam as if a user does not want to do those transactions they still are eligible for the airdrop. I got mine without spending anything from my pocket. Others have publically disclosed the amount spent by them and yet the airdrop tokens were not that great.
It is something we all know yet we are looking for free money. You cannot stop those guys who are willing to get just $5 of free money by playing a game that does not make any incredible outcome.
Incase you're wondering, this post is what inspired this my topic. So It's no news that we are at a period where airdrop projects are flying around thanks to telegram mini app which is where most of these projects are cooking. With the airdrops trend I have come across many topics relating to it especially in the area of scam about some these mining project after which people might have spent their time executing different tasks daily for months just to be told towards its end that they have to pay some TON to stand a chance of gaining from the airdrop which some don't eventually fulfill their promise.
Now from a different angle aside from an airdrop project been regarded to as scammers when they request people to pay some TON and didn't airdropped. What about a scenario where a project after requesting for such payment from participants actually airdropped but to just about 15% of their participants out of a 100% that made that TON payment task. Can that still be regarded as some form of scam? since the notion has been that most of these airdrops that request some fee to be paid don't usually fulfill their promise.
Now from a different angle aside from an airdrop project been regarded to as scammers when they request people to pay some TON and didn't airdropped. What about a scenario where a project after requesting for such payment from participants actually airdropped but to just about 15% of their participants out of a 100% that made that TON payment task. Can that still be regarded as some form of scam? since the notion has been that most of these airdrops that request some fee to be paid don't usually fulfill their promise.
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