Topic: How Do You Know Real Airdrops From Fake Ones? - page 2. (Read 357 times)

These in general are a good baseline, but i'll add few more and few notes.

About that real community: Especially larger projects have fake copycat communities in telegram and discord that have at least as many members and have sticked topics about airdrops that are fake. Always find the community via official links like trough coingecko or coinmarketcap.

There doesn't need to be a working product though. Some projects take years to build, yet they have airdrops. They might not be profitable airdrops as they don't want to flood the markets with free tokens and when it's a public, pre-announced airdrop, number of airdrop participants render the whole effort worthless for participants.

Advertising volume isn't really everything, but smart advertising for right people is. Depending what they are planning to build, it might not make sense to make huge advertisement campaigns.

Anonymous or pseudonymous team is usually bad in long term. They might try to explain it by saying things like "satoshi was a pseudonym too", but from 999 out of 1000 it's a bad sign.

Coverage by at least one good and established crypto news site or respected influencer. If no one has heard about this public airdrop, there's are good reasons for that, and none of them are good.

You aren't most likely losing anything by skipping something you aren't sure of. So you might as well consider most of them fake. Best airdrops out there are not pre-announced, but they are just rewarding the supporters from the start.

If you get an airdrop with criteria like this, of course it will be a pretty good airdrop.
But you need to add about how much Airdrop allocation will be given to the community, if the allocation given turns out to be very small,
there will be a lot of disappointment or even distribution that is not done fairly.

Some projects are able to do good marketing but are very bad when it comes to distributing to the community.

It's like a memecoin that has been a long hype on the Solana network and even on almost all networks.
Just follow the hype with the name of the animal token etc, do token sales, airdrops etc pretty quickly.

Indeed, some fake airdrops are not obvious and some are just spreading phising links etc.
But regarding what the token and the project are built on, it is not clear at all, it seems to be only an Airdrop Rug Pull.

Most of the time, you just have to look at the website and check what is stated there. Then go to the social media accounts to confirm by checking who follows them or which platforms they've announced partnerships with. If they are alone and no other reasonable project's media account associates with them, it's either because they are not a reasonable project, not strong, useless, or fake.

It's like a guessing game, to be honest most of these airdrops are hard to determine whether they'd be fake or not at the beginning. Most of their true skin will come out when there's already a community built after that project and yet, the developers aren't doing anything in their capacity as promised when they're starting out. You lurk in many of these airdrop communities and you'd see a lot of them that are still waiting for the release of the token.

They're giving that idea to their users that soon, the release is coming and good news are ahead. But it's just so hard to trust these developers anymore because many of them are just all talk. And that means that if you're into airdrops, you don't trust any of them. Just do your thing and don't be too hype with whatever news they're releasing to the public to gain more attention and exposure.

The real ones know what they're doing and they'd deliver results and not with more highlights in the media that they like to do at most.

If the concept is unique and the developers are transparent, and they are capable of building and creating a platform, these are projects worth working on in their airdrop if they have one.

If you check the market, the airdrops are just duplicates of the ones that started the concept, like Notcoin and Dogecoin.

Some unscrupulous developers just create duplicate projects as their cash cow, and you can see that in their tokenomics and the way they create their websites, I have seen memes presenting cheap website design because they cannot and do not want to hire designers because they will eventually pull the plug once they had enough money.

Here's my take between real airdrop and fake airdrops.

Real ones show below

Transparency
Real community
Have working product
Could able to spend to market or advertise their project.

Fake

Lack of transparency
Created the same name of animals or other famous token who became hype
Questionable reputation of the owners
Ask important details or funds to their participants
Everything seems unclear on their project

This is my key points although I maybe wrong on some of my points but you can just add yours if you learn something thru experience or by other peoples post on this thread. But right now I don't participate much on airdrop since its like we are just wasting our there.

The nouse is just too much and knowing what;s worthwhile isn't easy. How do you guys know what's worth hunting?