Topic: how to know if airdrop is legit? (Read 340 times)

Actually this is my first time of hearing about such coin, seems you have been following them up for sometime now, nowadays is very hard to get a legit airdrop reason is because I know how many times I made research about airdrops, at first I always get a good result from my research but at the end it won't work out the Way I expected. though there are some people who knows how to find out if airdrop is legit or scam but for me is very hard to find out.

That's right we should be careful when joining crypto airdrops. We should always check things out before joining airdrop or bounty program. If they only need your wallet address it is probably safe. But if they ask for more personal information so we need to research project carefully. Also think about how much work they want to do to get bounty. If it is too much it might be scam but there are some projects too which ask your time and efforts and they also legit all will depend on you own research. And always make sure projects you promote are trustworthy so you don't hurt our online reputation. Being little skeptical and doing some research can help keep us and others safe from scams.

Thank you for your explanation, I think the explanation is very complete for reviewing projects that allocate funds for airdrop communities, but unfortunately retroactive airdrops are difficult to predict because they don't publish token allocations for the community, the project team focuses on developing the project without creating an allocation page on whitapaper so not all airdroppers are lucky to get high price tokens because they give tokens to participants involved in testing the platform.

But I added an information option for reference to find the latest airdrop information, you can look for the Airdrop finder group on Telegram for the latest airdrop info, good luck getting diamonds in the best airdrop.

Dabbling in cryptocurrency can be risky, so thorough research is crucial, especially with airdrops, which often involve new projects.

Currently, I am aiming to qualify for the Prom Testnet future airdrop.
So allow me use this project as a live example to how and why I flagged it worthy of attention:


1. Reputation: It's important to check the project's history and team activity. A recently created Twitter account is a red flag. Prom Network has been active on Twitter since 2020 and has its token listed on Binance, indicating a more established presence.

2. Investors: Knowing who backs the project is vital. Prom Network is supported by DWF Labs, a reputable market maker, which reduces the risk of the project being a scam.

3. Questing Platform: The platforms used for project tasks matter. Prom Network's campaigns run on reputable sites like Zealy, known for partnering with established projects, which adds to my confidence.

4. Community Activity: An active and knowledgeable community is a good sign. Prom's community is impressive, with members who are well-informed and actively contribute through articles on Medium and Reddit. Engaging with such members enhances trust in the project.

5. Clarity on Airdrop Terms: Understanding the criteria for airdrop eligibility is crucial. Prom provides a clear dashboard that tracks and calculates points for completed tasks, ensuring transparency.

6. Investment Requirements: Be wary of projects requiring significant financial investment. Prom Testnet tasks use free test-tokens distributed daily from a faucet, and I haven't had to spend any money over the past month.

I hope this example clarifies how I made my choice and helps you in your own research.

It seems someone else unfriended you because you are spamming. Please be careful. Your account will be under probation now, and if I get more spamming reports, I will have to close it.

Best to avoid airdrops that ask you to invest that way its free.

Most airdrops do not ask for anything.

So you can just participate in the airdrop and then see if there are any problems. If the airdrop is legit then you get free coins and if it is not then nothing has happened.

actually, its very difficult question to answer. majority of airdrops are scams.but there are some with good projects. for differentiate this, you will have to study about each and every project. its time-consuming. however for getting maximum benefits from air drop you have to upload google sheet as soon as possible.so i advise you to just fill each and every airdrop form and submit them as soon as possible and just forget it. if they asking for a donation,if they asked to register on a site, if they dont have twitter/facebook account or bitcointalk ANN tread..keep on mind majority of them are scams. so never donate for getting airdrop
good luck

You always have to check if they have a legit website and check their whitepaper and roadmap 

youre right on that , checking thier website ,roadmap and whitepaper will determine if an airdrop is a legit or not. Some airdrop today will only waste your time, most airdrop today are shit tokens.

The best thing to do is check their website... read there whitepaper and roadmaps..

If i understand you right, the best way is the same way as for bounty, learn a project that gives an Airdrop, check him thru famous ICO trackers, watch their project, and try to answer a question, will normal businessman give you real money for nothing? =) Most normal airdrops are pre ICO or due ICO, i mean they are paid for advertisment, for project support, sometimes it's voting for coin listing, other types i don't know, sorry.

Well, if they ask you to share stuffs and follow them, usually they kinda use you and it's not an airdrop.
If it comes from project that are already trusted. For example, ETC and PIRL are going to have an airdro/fork in a few days. You can trust them.

Maybe most airdrops, but not all.  Stuff like Clams, Byteball, Lumens, etc all gave away an amount of their altcoin based on the BTC people held at the time, even though they aren't forks of Bitcoin.  Some required more involvement than others.  Clams just literally threw them at you without you even claiming them (some older Bitcoin users still don't even realise they hold them), Byteball you had to either sign a message or send a microtransaction to claim, and I think Lumens you had to give your social media profile or something. 

Perhaps it only seems like all the airdrops are forks because there are so many of them now.   

There so many airdrop in social media but most of them is just ways of time and effort even they give proof maybe just strategie to get referral so you make them earn

yes I think that you wrote it, I think so, although I am new, I participated in many airdrop and bounty programs. bounty while sharing normally over twitter should continue to stop sharing. before they had a share of pre-sales talk. If the number of airdrops or bounty you are participating in is too high, then it is impossible to follow and you do not know if you paid. I need a scam project like a preliminary scan of a bitcointalk team. because there are so many projects. unfortunately we are helpless when we do not have time to spend

Airdrops occur when there is a hard fork, so the only way to know if the hard fork will be legit and live on is for the hard fork attempt to commence and let the market decide its fate - whether it will live on or die.

Here's an article if you want more information on Airdrops: https://steemit.com/bitcoin/@bitcoinflood/icos-are-out-airdrops-are-in

And I'll quote one of the first sentences from the article:


Oh, wait, are you referring to an ICO? Most new tokens/cryptocurrencies are created through an initial coin offering (not related to a hard fork, not distributed by way of Airdrop). Again, only the market can decide the fate of an ICO but you can get a good idea of it's chances to succeed using the following criteria:

• Does the ICO have a sound and realistic business plan? This is the most important part, the token is just a medium of exchange for information, but what does this ICO company seek to accomplish with that exchange of information and will it have a place in the market
• Does the ICO have appeal to a market of people that aren't already involved in crypto currencies?
• Does the ICO require bounty campaigns and lots of advertisng hype to generate attention? If so, their business plan is probably week...stay away!

Good luck!

it's called air..drop... dropping thing from air(craft), they only need the location/target for dropping
pretty simply, airdrop doesn't require any initial investment or much information from you.
if you get the coin/token share, it's legit. If you don't get your share, it's not legit
legitimacy of the coin itself is a different matter

Do not give your Private keys to anybody. You can give your public keys.

Simple Analogy:  Public key ==> Home Address.
                         Private Key ==> Your Home's lock keys

If you want to deal somebody, you will give them your home address (Public key)
But you never give your lock keys of home to any body (Exceptions of close friends). so you should not give your private keys.
Save your private keys in same way as you save the password of the bank login account,

Another analogy:
Bank account number: Public key
Account password      : Private key

Have I a risk if I post my pablic key in airdrop?