Topic: How Do You Know Real Airdrops From Fake Ones? (Read 331 times)

This is something that you should really be looking into on which no matter how good looking the project is or having that kind of potential and some mix of hype then you shouldnt really be that letting yourself that getting fooled and would really be that directly making out some engagement but of course there's no way that we could really be able to tell whether the project would really be legit or not.
Somehow you wont really be having no assurance about success of the project on where you would really be able to earn some tokens/coins from them or ending up some having some value or not.
This is why on the moment that you do engage with airdrops then make it sure that you wont really be spending up some money or having those tons of tasks including KYC and other correlated stuffs on which its never been worth on dealing up with these kind of projects on which you could really be able to tell that it will really be just that a waste of time or simply they are asking too much on which it isnt really that worth
on the money that you could potentially get or rewards. Also, one of the risks is that you might be just that ending up on getting farmed or milked out by the project itself if you wont really be that careful or observant.
Its always important that you should really know on what you are dealing with and what are the steps that should be make out.

But still even if there team is doing good to hype their airdrops it doesn't give any guarantee that we can earn. To many projects undergo in that process and many people grab it then try their chance to earn but turns out fail for them since they are not getting good compensation just like what they expect. Perfect example we can put on this discussion is Hamster Kombat and Catizen, they are supposed to be a good project but so far to many people got disappointed when distribution time happen. So with these case even if we see that project is doing good and lots of people promoting them there's still no guarantee to earn decent returns from them. So with scams and waste of time thing in airdrop scene I guess its up for people if they decide to stop or continue since after all they are the one who can decide if they can still take the risk to join again on other airdrops.

What I see is that identifying real airdrops from fake ones has become an adventure, especially when we talk about airdrops based on Telegram. There are hundreds of games with huge communities, and over time, the developers' behavior might help us determine whether they are running a legitimate airdrop and project or if it's just a money and time-sweeping scheme.

Projects that offer honest airdrops may be owned by well-known teams and have highly reputable partnerships, but the value of what the participant gets depends on his luck and through the project papers, he may be able to guess what he will get, What I see is that airdrops have largely become fake and aim either to benefit from the participants or to scam them, with only a few being a stroke of luck for some. Therefore, I don’t think they are worth the risk.

Like what says by others , it is the transparency that needs to be from their ends to the participants , and also check those who are participating because sometimes there are shillers that the team is payign to make their airdrops looks real.

and besides this is a free participations , if the team is asking for deposits or something that ask for even small amount then best to leave that alone because
for sure they will scam you for all reason .

Comes from experience. Once you discover what works and what does not, you'll automatically filter out wrong/not-worthy ones, or at least most of them.

I know this is not the answer you would have expected, but this IMO is best way, learnings from experience stays, and you don't have to make effort to remember these learnings, they are naturally applied, kind of like muscle memory.

That's it, I don't leave important stuffs and start wasting time on airdrop that I am not certain about anything. It's better to do it only when you have enough spare time because you can not be sure if the project will make progress or not. You can research about the project and while it may look legit, it might still end up not being successful.

The hype around the Hamster airdrop, let's see how it goes. Some people have been doing it for months now and if it doesn't pay off, it's going to cause disappointment for some people.

Just make it a side, that's what I do when there is an airdrop that I think is good then I will bookmark it first and do the task later after I have a long free time or usually on weekends long time.

To identify it, they usually do research, although it doesn't guarantee anything, but we know that when projects get big funding from some VCs - like Binance Labs or other vendors, people like to be enthusiastic about these airdrops, even though we don't know when the results will be.

I doubt if there's any proven means by which you can identify if the airdrop is real or not, some airdrop that might seem legit may still end up not giving you any reward or profit. Like you already said, airdrop should not be taken that serious like a real job because it doesn't generate any significant result and could even not generate any benefit at all.

It would be wrong for someone to consider airdrops as a main job, because it is a side task when you have free time then you can work on the airdrop.

There have been dozens of airdrops that have appeared, is there anyone who can do it all? Of course not, they will also research which ones are good and which ones are bad according to their views, including myself, I am always careful in participating in airdrops.

Getting profit from airdrops is not clear, sometimes the project always delays distribution, sometimes it is not worth it after months of work, sometimes there is no value, so they must be prepared with all the risks that will be accepted later.

Come to think that if people would turn out that they do know on whats fake and whats real then we do only have few airdrops that could be seen in the market, on which this simply means that we would really be dealing mostly legit projects in the market but thats not the case that we are facing on but rather it is really that the opposite on which there are really tons of fake projects that we do see in the market and if you wont really be that careful then you are just basically wasting up your time on dealing up with these projects and the worst you might that be ending up on spending up some amounts when it comes to gas fees or any other transaction related kind of tasks on which we know that there are really certain projects who do have that kind of steps needed for you to be that eligible for the drop.

The key on here so that you wont really be that easily get scammed or get involved with those fake airdrops.

1. Avoid sticking with copycat projects. Always those unique or first ever type in the market always have that high probability on succeeding
2. Obvious farming like spending up something for diamonds,vip and other
3. Too much hype (Already learned from this)
4. Unknown Devs
5. Shit UI/UX looking
6. Shit tokenomics

Its really that impossible that you wont really be able to determine it out not unless if you are a complete newbie into this space then most likely you would be skipping out these things
but if you've been here on this market for a while then im pretty sure that you are wary with these stuffs. It is really just that there are certain individuals who are really that too lazy
on trying out to make those kind of research and verifying things and keeps on engaging despite of those obvious things thats in front of them.

That's why you don't need to put all your hope in it, if you are participating in airdrops, do not take it as an occupation or a real job because it can not generate for you a sustainable source of income, you can participate in airdrops just as a side hustle. Like you already said above, to be able to participate in an airdrop that will pay you off a good amount of profit is based on luck, sometimes you will end up to participate in the one that will not pay you, leaving behind the one that was supposed to pay.

Airdrops are based on luck and possibilities, most of them looks so real, but end up disappointing people that participated. Very few of them project owners are out for the real deal with strong commitment to their project. Some are out to build their media handles only, others to scam unsuspecting participants.

You just need to be very careful and always DYOR and be sure you're following your instincts and not just what someone else says. Above all, don't cast your hope on it or participate with more resources than you can loose since some airdrop tasks are capital involving.

Airdrops pays, but you're not entirely sure the one that would pay well, so it's very much okay if you engage in more of them to increase your chances of making profits

You can still do all these and it would still fail, but it surely helps, and the quality of information shared on their handles matters a lot also and can help you determine if they're building or just marketing a baseless project.

Their partnerships are also key to the success. If they're able to secure good partnerships with well meaning crypto enthusiastic companies, it surely shows they're going somewhere good.

If you are one man - probably, but if you are ready to work towards: being a shiller, having a big base of people listening to you, or a farm of accounts with the automated software prepared - airdrops are still worthwhile to explore! It just became harder for common folk to find good projects and work towards a goal, because the allocation can still play a bad game with anybody at the end of the road.

In my opinion, one of the best ways to determine real airdrops is to carry out detailed research on the project. Look out for individuals or organization behind the airdrop who have held successful airdrops in the past, reputation in the society. A well conducted research can help to determine real airdrops from fake ones. Other factors include community participation, the impact of the project on the community, etc. There are numerous factors to consider, In summary, the research will help to minimize the risk of making a wrong choice.

For what I can tell, the few people that still devote their time to try to claim airdrops do not even bother to make a distinction between the two, as they know it is simply too hard to actually do so, so they just participate on all the airdrops that they can find and hope for the best, so if you are not prepared to do this, it could be a good thing for you to reconsider this idea you have about participating in airdrops, as in my opinion they are a waste of time.

You can not be 100% sure about the real ones and sometimes, it's the one that you don't expect to make profit from that is going to give you the profit you don't expect. 

To know  a real airdrop (not 100% tho), you need to follow up the project's update. Do not just keep participating in the airdrop when the project you are promoting is not even showing a sign of growth and they are not developing their project. Follow every information on their social media accounts and also ask questions in their most community.

I totally agree. The investors can be big and trustful, the project can be interesting and fun to interact with, and the community can be blooming and helpful, alive with ideas and the desire to go further, but the allocation can be the thing that ruins most people experience with the airdrop, being unfair or unrewarding.

Just find the one with plenty of VC backups and big seed round fund raised and clear token allocation for the community, then you already find out which of airdrop worth doing.

even better if  the airdrop already fulfilled all two requirements above and clearly state that their tasks are incentivized, then they will definitely give airdrop around TGE.

but you still need to know that it's hit and miss, and dev also usually changing around the airdrop allocation sometime even go as far as reducing rewards for the airdrop to certain extent that sometime create chaos within their community.
so never too hopeful of what you gonna get.

distinguishing between real and fake airdrops seems to be more challenging in crypto, we need to know that we have to check whether it has an official website that we need to apply carefully with detailed information about the project because legitimate projects are more relevant about their team members with the profile and experience shown, Unauthorized airdrops may not have this information, community involvement is very important because it can differentiate active and engaged communities, and looking for reviews and input from other users who have participated in airdrops is very important to know that their involvement tends to leave a trail of negative experiences.

No definite answer I guess, you'd only know once the airdrop campaign is done whether they would pay their participants or not. Well indeed as others have mentioned you may check the project's website, community, and other updates to lessen the risk of just being scammed but it won't guarantee things still. Does it make airdrops not worthy of our participation? If you don't have the means of investing to a project you are interested with, I think it would still be a good option to try. It is like putting your efforts and time in line to be rewarded. Many projects do still pay but not as big as the rewards before from aidrops however it would still be better to try than to just do nothing at all. Risk is present in anyway when it comes to investments.
What's unfortunate is that some projects are putting so much effort to convince people that they're legitimate but still end up rugging the participants along the way.

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?