is it a legit airdrop or not? - page 3.

tyz

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Quote from: NFTmark52200 on December 29, 2023, 11:04:20 AM

Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts.

https://y24.io/airdrop check our and let me know

Depositing 0.1 ETH (around $200) to just get an probably worthless airdrop? Seems kinda fishy. I personally would not do it. First, you need to hope that you get your deposited ETH back (that the project obviously paid back BNB in the past, does not mean it will also pay back ETH, also because ETH auch much more worth than BNB) and second you need to hope the the tokens you get from the airdrop will have some worth in the future. Legit projects give away some tokens for free without depositing anything. My recommendation: stay away from it!

cryptomaniac_xxx

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Quote from: NFTmark52200 on December 29, 2023, 11:04:20 AM

Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts.

https://y24.io/airdrop check our and let me know

It seems that the yields are "too good to be true", so for me I will not put a single money on this project, to be honest. So it's really up to you whether you wanted to take that risk as everyone is on the fence about this project but on the response.

So goodluck if you "believed" you will earn a lot by just completing simple task. I mean that is the catch there, how can you get huge amount in airdrop if you are just completing those easy and simply task. We are no experts, I do think that there's none here, just used your common sense though and see what this project could be in the future, just saying.

Text

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You won't know if a project is legitimate unless you conduct your research. Many projects have claimed to be legitimate initially, only to execute a rug pull later on. The fact that the first project's airdrop was legitimate or successful doesn't guarantee the same for those who imitate it. There are many factors to consider before making your final decision on whether to participate in the airdrop or not. As far as I know, most airdrops are usually free. However, in this scenario, you're required to make a deposit, and the promised returns seem too good to be true, raising doubts about its legitimacy.

Kelward

sr. member

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Quote from: ryzaadit on December 29, 2023, 12:52:58 PM

Any deposit airdrop.

Get ready to get scammed. It's a new project right? no one can vouch is safe or not. It's just gambling, you hoping is pay off & not getting scam. However, most people are really avoiding any kind of deposit airdrop scheme.

Just to risk.

I know that investors need not to worry about the legitimacy of airdrop, it's only the tokens that potential investors needs to worry about, so every new projects needs to be thoroughly researched before putting money in them. The OP can decide if he wants to take the risk and gamble his fund in the new project, but from the feelers in this thread, he has to be very cautious if he still wants to go ahead with the project, because it might just be another scam.

Sophokles

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Quote from: NFTmark52200 on December 29, 2023, 11:04:20 AM

Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts.

https://y24.io/airdrop check our and let me know

Blast is ethereum L2 project develop by the same team behind one of the popular NFT marketplaces called Blur. They are well known to the industry and they have their reputation at stake. So their announcement about the airdrop is legit and their is no reason to believe that they will not follow their announcement. But this new platform you are talking about which suppose to drop tokens for free isn't well known. So it will be risky to participate in their program as your wallet can be hacked if they turn out to be scammers and you are not sure how profitable that airdrop will be if they really distribute free tokens to their community.

batang_bitcoin

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Come on guys, you don't have to make new threads about this project. There's 2 that I've already seen that talks about this y24. I won't be surprised if you get banned because of your repetitive threads that tackles with the same project/topic. I've already told you that you shouldn't do it and stick to the first thread that you have made.

Quote from: batang_bitcoin on December 29, 2023, 05:56:05 AM

Bro, you've made this thread already and you've made another one which is this thread: Is participating in an airdrop a wise choice?
And the content of it is also the same as this thread of yours. You don't need to make a new one for people to just discuss some other topics over the thread you've made but has the same project on it. I'd like to give you a reminder about one forum rule about making the same threads.

Quote from: mprep on July 21, 2014, 12:27:51 PM

12. No duplicate posting in multiple boards (except for re-posting topics in the local language boards if they're translated and re-posting marketplace topics in the altcoin boards if altcoins are accepted).

rhomelmabini

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Quote from: NFTmark52200 on December 29, 2023, 11:04:20 AM

Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts

Not clicking any links here tbh and the name y24 as a project seems to me wasn't that appealing, maybe they could have tried more names. Well, not my problem but I don't think this one doesn't have any resemblance to what Blast would do. You may participate but always use burner wallets when interacting with dApps.

kentrolla

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I have stopped believing in airdrops long time ago and I would also encourage other to stop wasting their time in airdrops as success ratio is very thin and most of the time we end up wasting our time and prompting scam projects. This new methodology of investing a minimum amount like 0.1 ETH or 0.1 BNB is even more riskier as we cannot bank on anything wherein you have to pay first. We have seen more people avoiding such airdrops.

bangjoe

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because it shows being in BNB, you need to see whether Binancelabs supports this project or not, usually projects that are supported by binancelabs will provide good benefits to each contributor, and what I'm afraid of on projects like this is that even though you get their tokens from APY, but if it doesn't have a decent selling price on the token sale it will just be a waste of time.

But the network is pretty good, although only a few networks can integrate, but I will try it risking my 0.1 BNB to try it.

ryzaadit

legendary

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Any deposit airdrop.

Get ready to get scammed. It's a new project right? no one can vouch is safe or not. It's just gambling, you hoping is pay off & not getting scam. However, most people are really avoiding any kind of deposit airdrop scheme.

Just to risk.

Wiwo

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Quote from: NFTmark52200 on December 29, 2023, 11:04:20 AM

Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts.

https://y24.io/airdrop check our and let me know

When it comes to airdrop or bounty, we can not totally out rightly deny the legitimacy in the market, but the problem is that, many of those airdrops or bounties have been scam and that is why many participants become hesitant about accepting to work on any of them unless they are able to prove them, and right about now, the airdrop link you shared has no records any where for us to work with and for that we advice you to take caution with such project and do an extra research to know more about them.

Because from the look of things, since this airdrop have no information online and also doesn't have a thread here in the forum, many people will not ve able to give you any input in the case so you have to rely on your own research and take the risk if you wish.

BitMaxz

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Airdrops are legit but the problem is we do not know how legit is y24 token.
Currently no data yet on Coingecko it doesn't even have any announcement here on the forum and it can't find much info about this and we do not know why this token was created or any future plan for this project(Roadmap).

What I see on their Twitter page it is restaking which makes you passive income up to 86% APY.
For me, it's obvious they made this as an investment token we know almost all investment sites/projects out there are scams if it was just made to let your investment grow by almost 86% APY with no roadmap or purpose why this project was created.

NFTmark52200

newbie

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Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts.

https://y24.io/airdrop check our and let me know

Topic: is it a legit airdrop or not? - page 3. (Read 456 times)