Topic: How do you make sure an airdrop is a legit one? - page 3. (Read 777 times)

Thanks for your comments. You are right money flow into the project is an important factor as it gives confidence to airdrop participants that management of the project has sufficient funds to distribute fair reward to the participants. I personally earned significant amount of airdrop rewards specially in L2 of Ethereum such as Arbitrum and Optimism, as both projects were backed by professional teams and projects were heavily funded bu big investors.

Thanks for your comments. You are right money flow into the project is an important factor as it gives confidence to airdrop participants that management of the project has sufficient funds to distribute fair reward to the participants. I personally earned significant amount of airdrop rewards specially in L2 of Ethereum such as Arbitrum and Optimism, as both projects were backed by professional teams and projects were heavily funded bu big investors.

Maybe not many people know that they only allocate 2% of their investment value for marketing. and if the result is $ 8 as you mentioned above, I think it's still pretty good, but if the participants are 5 times more than you mentioned, each participant could only get 2 dollars with a tap-tap duration of at least almost 3 months. .

Indirectly, many players become sales for their campaigns with super cheap pay.

Agreed. That's how developers farm their players. This is an old method that keeps being used to milk their players. They're playing on the quantity of their players.

Let's imagine there are 10k players, and they're paying eight bucks to withdraw their token. It means they have sent 80k USD to the developers to get a worthless token.

That happens with so many telegram minigames now. You're being forced to complete the task that forces you to send some money to the developer's addy.

But i don't categorize it as a ponzi, but i'd called it as a scam app.

They won't do that. Why? because the participants will lose their appetite to keep on grinding with the projects or apps that they make. If they will announce it too early, only a few serious one are going to be left and those that are willing to spend bucks with these projects but the majority of them will just leave them hanging.

The last part is what every airdrop person needs to learn about. Not all airdrops are going to guarantee money even if they will pay TON for the fees that are being asked by the project. It may go south afterwards and many will be disappointed by the outcome of it. So with this, take it as if it's also a gamble when you're willing to spend these amounts but even you'd do it for free, you're also spending your time on it even if there is no assurance that these projects are going to be successful once they're on the market or once they have concluded the airdrop period is done.

Listen to that your friend and you'll be safe from scams because alot of Airdrops are either a scam or a waste of effort. Never should you pay for any airdrop to be sent to your wallets because they're always a scam as the scammers are only after the fees that you want to send. An airdrop should be free or have little efforts as tapping and the micro tasks that require you to like a post or share the posts they make to help advertise the project to your followers and others. An Airdrops being legit still might not pay you because they can decide to stop working on the project or it doesn't just get the right amount of attention that was expected for the Airdrops. As an airdrop hunter, you can hunt for all airdrop that doesn't ask you to pay or download suspicious apps or links. Airdrops that aren't being done by many people should be avoided too because for an airdrop to be successful, it needs population.

Well not all airdrops project that demands people to pay some little amount of money are scam because even genuine projects in the past that actually airdropped did requested for their participants to pay a little token before becoming completely eligible. It's just bad that there are many scam airdrop projects out there than the genuine ones hence the discouragement whenever the idea of paying money as part of task is initiated because it's difficult to differentiate between the genuine from the fake until they eventually airdropped.

My thought is that these projects can just state it from the early stage that they will be demanding from their participants to pay some TON fee at towards the end of the entire tapping and task fulfilments, and not to take people by surprise when they never expected it that way.

For the aspect of making transactions on the network for you to be eligible for airdrop, those patterns were for a new layer network where they were looking for earlier users to reward them with their tokens, but you see that pattern that has been adopted and introduced by all this Telegram mini app airdroppers is just a means to extort the participants when we can't even be very sure that the launch will be successful.

Let's just say airdrops are free nothing you have to pay if there is something like this you can skip it sometimes this is a condition for eligibility on the other hand we think they are scamming us by sending a little TON so here you can do some research on the airdrop.

I know some airdrops on telegram now have to have a little capital outlay, because some other airdrops follow the same way as the previous airdrop.

Make sure you can see their social X.
See how big the community is.
Whether the team is known or anonymous.
But all of this doesn't guarantee that the airdrop is legitimate because it can't be confirmed yet.

In my eyes, airdrop is free and the task is easy. If there is something that is not right, I just ignore it, especially since we have to spend money to complete tasks such as having to make a number of transactions on the network and many other tasks. now they are smart we are assigned to watch a YouTube video until it is finished and in the video there are keywords that must be included in order to claim the prize, they are looking for profit in various ways, be careful we have to be more careful in choosing a project

Talking about assurance, then this is something that cant really be known because we dont know on what those projects are up to, specially into its devs or the team behind whether they would really be giving out some airdrops or not. The thing on here is that you should really not that expecting something positive with airdrops. You shouldnt really be that anticipating that the drops would really be that good or something that could give out some good amount of money. Legitimacy will really be proven out basing into the teams transparency or something in talks about known partnerships but at first there's no way on knowing on whose the developer of these projects on which you could really be able to tell whether its a legit one or not. Somehow there are some legit projects that even if its dev arent known but still it do ends up on successful.

This is why on the time or moment that you do deal up with airdrops then make it sure that you wont really be expecting something positive. Deal up on projects on which you do see that it is really that legit.
Dont just that limit yourself into 1-2 projects to deal of with, as much as you could then better to have multiples so that if ever those other projects turns out to be shit but still you
do really have others on which it could potentially be that ending up successful.

Payment from Airdrop is not guaranteed. And a lot of time has to be spent here. So if someone has such time then he can earn from Airdrop. By airdrop legit I look at those airdrop projects that bring a new concept and don't copy the structure or strategy of a previously running airdrop. And I've seen most of those projects do good.  So you can use my strategy if you want but I won't guarantee you payment for them. Payment will depend on your luck and your own strategy and time spent

I cannot fathom how much these airdrop projects are earning based on their userbase despite that they're not yet in the market.

Those that you have mentioned that people pay with the games or airdrops just for them to have some better standing and points system through the game.

I agree with CT that it should be free, an airdrop is an airdrop which should be free. I think it all started with the idea of test nets that projects require users to pay for the fees and to transact with their network. And for these TON projects, they're doing it with the potential airdrop tap mining.

It's annoying to be honest, you open one app and then you complete the task and then you'll be redirected to another project and so on.

You can never be certain, while my method is wrong and you shouldn't do it, I end up just not trusting any of them and either not participate in any of them and just avoid all of it whenever I can, just not deal with airdrop, that way none of them could hurt me and all of them are scams to me. Of course that's not true and we are not going to get this type of result and I think it has to be something that will take a while.

We should look at what we are dealing with right now and we can make a lot of money when we can make some profit as well. So, focus on something that could make us some profit whenever we can. This is why I think airdrops are not easy to find which ones are legit, hence it's easier to just avoid all of them but I know that's not a good way to live in crypto world.

These tap to mine games are not the ones that are dangerous but projects posing to be airdrops are the ones to look out for. It’s typically harmless to play mini games in telegram UNLESS the project asks for sensitive information such as private keys or personal information.

Additionally, some links to these “projects” may actually lead you to downloading malware or any software that could compromise your account or device. Make sure to check if these links are from trusted sources. There might be some suspicious accounts messaging you sending you links so do not click on these links.

First, check the team behind the project. Sometimes, the same teams have worked on different projects already and if their previous projects went well and they have a pretty good track record then you can continue considering the project.

Second, if the project has well handled social media accounts. In my opinion, if a project is active in different platforms and gives out essential information then it’s usually a good sign.

Third, if they have clear plans. The project might have a date already of when and where will they be listing. Listing dates are generally a good sign.

Last reminder that if a project is asking for money or other sensitive information from you then there’s a higher chance that this project is just scamming you and many others.

I think you are referring to the latest hype of tap to earn. So your friends are sending you an invites so that they will increased their holdings and so it means they will get a lot from airdrop if that project chooses to do so. As far as making sure if it is real or legit or fake one, usually those fake ones are going to scam you and will ask you to deposit some money before airdropping. So if that is the case then do not give them any ETH or any crypto that they are asking.

Airdrop are supposed to be free, and you just have to give your crypto wallet as where they are going to airdrop. And once the date has been set, you just have to wait for it and check your wallet if you are going to received as some projects have their eligibility.

I totally agree with you.
It's also worth noting about the potential collabs and investment institutions and entities flowing their money into it.
If they are credible - it's more likely the project won't be a Ponzi scheme.

There's nothing you could able to do to verify if the project or airdrop is legit. Since everything you see is questionable even if how good they are for displaying good visualization and plans for their project. The only thing you could able to do is to participate on any airdrop available. If you think its waste of your time if there's an airdrop campaign not paying you then provably that you will get disappointed and stop airdrop hunting.

But if you are aware that there are times we will not get paid or get scam by the dev. For sure that your expectation might became low and think about that if there's profit will came then its good but if not still fine you can work with other project to test your luck to earn with them.

I believe the following steps can help to make sure that airdrop is legit and it is not a scam:

1- Verify the credibility of the project by checking its website, social media channels like twitter, discord and telegram and feedback of community.

2- Check the team behind the project and their proficiency and experience.

3- Road map of the project, utility of their tokens and listing plans. No investment should be required from airdrop participants.

4- Supply of their tokens and how realistic are their airdrop distribution plans.

By following these steps, hopefully, we can reduce the risk of falling for scam airdrops.

Nothing, really You put your trust and you let it slide for the time being.
Noone will give you a smart contract with money in it just because.
It's up to founders and devs.