Features of fake/scam AirDrops | Bitcointalksearch.org

albon

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Quote from: NdaMk on April 26, 2022, 08:12:39 AM

There have been alot of scam project now...

Three features of fake airdrop.

1: any airdrop that "have no end" they often runs for 2/3 months, majority are not true. real airdrops don't last more than a month.

2: 95% of airdrop given to "all participants" is not real. Normal airdrop is mainly for a limited number for top referrals.

3: Any airdrop promising you high amount of their token equivalent $5000, $10,000 or even more without through referral bonus may not be real. Real airdrops don't give such amount, unless you are claiming on their site where you pay gas fee,

Also, the group of the Airdrop project on Telegram, if it contains spam, bots, and admins do not answer people’s questions, then know that it is undoubtedly a fake airdrop. Most of the new Twitter accounts that do not have many followers and that promote airdrops and NFT giveaways are accounts that were created in order to deceive people and increase followers. Also, the airdrop website, if its script is primitive and unprofessional, or the whitepaper has plagiarism, then the airdrop coins will be shitcoins in the future.

libert19

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Regarding 2nd one, I wouldn't call it airdrop where they pay you for referring others.

Bamjos

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Reading this thread, I saw myself in retrospect and I laughed, I knew the word airdrop for the first time in 2021, that coincidentally was the time I started developing great interest in cryptocurrency. I saw airdrop videos on YouTube which showed how to get airdrop, I was busy throughout the day browsing airdrop and their addresses in order to claim them in my trust wallet, I made a long list and I did them all. When I looked at my wallet, I was seeing great amounts of coins, I was happy thinking they were all real until sometimes later when I saw a video on how to test if an airdrop is authentic, I checked all the airdrops, they were all fake. Grin

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legendary

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Smart is not enough, there must be skills

I said that not all airdrops are fake, but some of them run well and provide sufficient rewards or according to what they are doing, I do that but I don't follow all airdrops, especially in the friend referral system.

There are airdrops with capital that are usually slightly better than free ones, for example with the launch of DEX which usually we often interact on several ERC20 networks where we usually get tokens that have been allocated,
Take for example $OP (optimism) it is one of them.

alik111

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We can easily detect any airdrop if they are real or fake.We just have knowledge about crypto project analysis. And we just need to research about the project from the airdrop. Just do research and you can predict if the project is legit or a scam.

Shamm

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Quote from: Asiska02 on April 28, 2022, 12:10:09 PM

Do people still hunt for airdrops? Most airdrops are scam, only few out of many airdrops are not fake. After wasting and putting much effort of them, one end up getting little or shit coins as reward for the hardwork. The most annoying part of it is that you can’t sell or swap them and will be useless in ones wallet.

Some people still hunt or let say their habits are raindrop why,? First Because they are aiming an easy money cause the only thing you do is referred your code and then boom easy money. Second, they are lazy enough to find work in their different countries without knowing that the money came from raindrop are based on the project they are participating cause now adays scammer is in our back.

qwertyup23

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Quote from: NdaMk on April 26, 2022, 08:12:39 AM

There have been alot of scam project now...

Three features of fake airdrop.

1: any airdrop that "have no end" they often runs for 2/3 months, majority are not true. real airdrops don't last more than a month.

2: 95% of airdrop given to "all participants" is not real. Normal airdrop is mainly for a limited number for top referrals.

3: Any airdrop promising you high amount of their token equivalent $5000, $10,000 or even more without through referral bonus may not be real. Real airdrops don't give such amount, unless you are claiming on their site where you pay gas fee,

I appreciate you for providing more information and tips on how to avoid fake/scam AirDrops in the internet.

As someone who has never participated in AirDrops before, this post is very informative into warning people what they are entering into. AirDrops may seem attractive especially that you receive some free coins from a designated project. Unfortunately like you mentioned, this is also an avenue for scammers as they always take advantage of people who are misinformed about airdrops in general.

tranthidung

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Farewell o_e_l_e_o

Quote from: CryptoHeadlineNews on April 28, 2022, 02:24:05 PM

I could remember my Pi Network Coin experience, and I must say it's one thing I will ever forget because though I have done many airdrops, that was only the first airdrop I devoted my whole time to, and finally ended up with no value after months of active mining. It is heartbroken and ever since then, I told myself never to take part in any airdrop no matter how lucrative it me seems

If you read resources about Pi Coin Network, you will smell something wrong with this one.

I don't know how newbies can believe it is actually a cryptocurrency and has decentralization characteristics. Lot of components of Pi make it is more similar to a scam coin than a good one.

In addition, let's think if there is no input to mine Pi, how will it have value on the market? No online miner, no staker, no node, etc. how transaction can be confirmed and safely ? More terrible technical factors to call it as a fake and scam cryptocurrency. DYOR.

Welsh

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Quote from: Shamm on April 28, 2022, 09:24:38 AM

Not all airdrops are scams maybe yes some of them are not true but we must think in the last 2017, many airdrops are legit and people make money for their projects. But the only thing I can say for now on let's try to be practical cause scam project are anywhere, many project offer high amount of money if you do the referral. But for me it's better look a steady job than waiting for legit air drops.

Maybe true, although it has got the point where like almost all are either outright scams, or very speculative developers hoping to get rich quick themselves, which actually if you look at how much they earn, proves to be true quite often. It's the users that get the arse end of the deal.

Seriously, if the project behind the airdrop doesn't sound very good or have anything interesting about it, then its probably going to go bad at some point. Very rarely these days are there anything of substance, most are copies, of copies. Plus, to be honest I get the impression that a lot of them are made by the same people, looking to recycle, and make as much money as possible. Well, a few have been outright caught, so we know it happens.

CryptoHeadlineNews

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I could remember my Pi Network Coin experience, and I must say it's one thing I will ever forget because though I have done many airdrops, that was only the first airdrop I devoted my whole time to, and finally ended up with no value after months of active mining. It is heartbroken and ever since then, I told myself never to take part in any airdrop no matter how lucrative it me seems

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kelonmusk

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Airdrop is a kind of free shilling service with fairly easy job rules. but most of them are scams.. as for other things, I've participated in some kind of airdrop and proven to pay, it's just that the coins do not have a commensurate selling value and since then I am no longer interested in Airdrop in any form.

Asiska02

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Do people still hunt for airdrops? Most airdrops are scam, only few out of many airdrops are not fake. After wasting and putting much effort of them, one end up getting little or shit coins as reward for the hardwork. The most annoying part of it is that you can’t sell or swap them and will be useless in ones wallet.

Shamm

sr. member

Activity: 1148

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Not all airdrops are scams maybe yes some of them are not true but we must think in the last 2017, many airdrops are legit and people make money for their projects. But the only thing I can say for now on let's try to be practical cause scam project are anywhere, many project offer high amount of money if you do the referral. But for me it's better look a steady job than waiting for legit air drops.

NdaMk

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Quote from: Cookdata on April 27, 2022, 05:40:00 PM

Quote from: NdaMk on April 26, 2022, 08:12:39 AM

There have been alot of scam project now...

Three features of fake airdrop.

1: any airdrop that "have no end" they often runs for 2/3 months, majority are not true. real airdrops don't last more than a month.

2: 95% of airdrop given to "all participants" is not real. Normal airdrop is mainly for a limited number for top referrals.

3: Any airdrop promising you high amount of their token equivalent $5000, $10,000 or even more without through referral bonus may not be real. Real airdrops don't give such amount, unless you are claiming on their site where you pay gas fee,

There is still some good airdrop but any where there is 100 different airdrops, the probability of one to be true is less than 2% which means you will waste your precious time doing task, you didn't just waste time alone, you may have been convince to digest some ideas that aren't true, far from the way cryptocurrency.
Scammers and bad actors also steal your address and emails, personal data you fill during the course of registration, they use it either for another scam or sell them and they may even go extra mile to send you some fake tokens, the bad thing about this tokens is that they may have some price attached to them and when you intend to sell them or swap them, it steals all your main chain coins (bnb, ether, so, ftm). Some people called that act Honeypot.

Exactly it's practically advisable to use a different wallet for AirDrops just to avoid some of those problems you listed.

tranthidung

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Farewell o_e_l_e_o

Quote from: NdaMk on April 26, 2022, 08:12:39 AM

1: any airdrop that "have no end" they often runs for 2/3 months, majority are not true. real airdrops don't last more than a month.

Depends on location of airdrop. If an airdrop is hosted on a third-party website such as Coinmarketcap, Coingecko, etc. it should have a period. However, if airdrop is hosted by a project website itself, it can last as long as they want.

Quote

2: 95% of airdrop given to "all participants" is not real. Normal airdrop is mainly for a limited number for top referrals.

You misunderstood between airdrop and referral bonus. Some airdrop campaigns can be distributed to random addresses or top holders of that project or of partner project. Possibly top referrers if they want but I have never known about it.

Quote

3: Any airdrop promising you high amount of their token equivalent $5000, $10,000 or even more without through referral bonus may not be real. Real airdrops don't give such amount, unless you are claiming on their site where you pay gas fee,

Sounds correct.

However you should know that sometimes they just try to play with words and want to create hooks for their airdrop campaigns.

Cookdata

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Not Your Keys, Not Your Bitcoin

Quote from: NdaMk on April 26, 2022, 08:12:39 AM

There have been alot of scam project now...

Three features of fake airdrop.

1: any airdrop that "have no end" they often runs for 2/3 months, majority are not true. real airdrops don't last more than a month.

2: 95% of airdrop given to "all participants" is not real. Normal airdrop is mainly for a limited number for top referrals.

3: Any airdrop promising you high amount of their token equivalent $5000, $10,000 or even more without through referral bonus may not be real. Real airdrops don't give such amount, unless you are claiming on their site where you pay gas fee,

There is still some good airdrop but any where there is 100 different airdrops, the probability of one to be true is less than 2% which means you will waste your precious time doing task, you didn't just waste time alone, you may have been convince to digest some ideas that aren't true, far from the way cryptocurrency.
Scammers and bad actors also steal your address and emails, personal data you fill during the course of registration, they use it either for another scam or sell them and they may even go extra mile to send you some fake tokens, the bad thing about this tokens is that they may have some price attached to them and when you intend to sell them or swap them, it steals all your main chain coins (bnb, ether, so, ftm). Some people called that act Honeypot.

BD Crypto

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Agree with you.And the major problem is that if you join a lot of airdrops, almost 90% of the airdrops will be scam. And there are only few good projects which can be profitable for airdrop hunters.

hugeblack

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AirDrops was a good way to profit during the year 2017, but things changed a lot during these subsequent years so that the distribution of coins did not earn the project anything, except if it was during the bounty campaigns.

Unfortunately, all the points you mentioned are essential and may be considered essential for those who want to avoid direct scam methods that scammers resort to.

you should not adopt that AirDrops, if it does not include those points, is good and you can make profits from it.

cryptoaddictchie

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These are actually common but thanks for reminding us.

Quote from: Despairo on April 27, 2022, 10:03:42 AM

Just avoid all airdrops and you wouldn't be scammed!

Not all airdrops are like that. Remember uniswap, 1inch, dydx and many more kinds of airdrop? Those are retroactive and didnt even need to invest but must have interaction. Pretty sure isnt a scam so dont generalize some other airdrop to that cause we can differentiate it from an obvious one who asked for money literally.

Despairo

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Just avoid all airdrops and you wouldn't be scammed!

If you want to earn money, go find real job in your countries, those jobs paid you better than you wasting your times and effort to join all worthless airdrops. I clearly don't understand why many people want to trade their personal information with just $5? That's really cheap enough and they can earn a lot money by using your identity to scam anyone.

Topic: Features of fake/scam AirDrops (Read 307 times)