However, seeing also an airdrop in the bounties altcoin section made me think of its worth of joining in airdrop. I came to a thread for airdrop and it seems that they are only requiring you to do simple task and you were able to get the tokens that they promised. Now i have the interest on them but i still have some doubts about it if is worthy to join airdrop. Do you have any idea guys or experience about its worth on joining airdrop?
Engaging with cryptocurrency involves risks, so conducting thorough research is essential, particularly when considering airdrops associated with emerging projects. Currently, my focus is on qualifying for the future airdrop of the Prom Testnet. I'll illustrate how and why I've deemed it noteworthy:
1. **Reputation**: Assessing a project's background and team activity is key. Prom Network's presence on Twitter since 2020 and its token listing on Binance indicate a more established status compared to projects with recently created social media accounts.
2. **Investors**: Knowing the backers of a project is crucial. Prom Network benefits from support by DWF Labs, a reputable market maker, reducing the likelihood of it being a fraudulent scheme.
3. **Questing Platform**: The platforms utilized for project tasks carry significance. Prom Network's campaigns are hosted on reputable sites like Zealy, known for partnering with established projects, bolstering my confidence in its legitimacy.
4. **Community Activity**: An engaged and knowledgeable community is indicative of a promising project. Prom's community showcases active participation, evident through insightful contributions on platforms like Medium and Reddit, fostering trust in the project's credibility.
5. **Clarity on Airdrop Terms**: Understanding the eligibility criteria for airdrops is essential. Prom offers a transparent dashboard that tracks and computes points for completed tasks, ensuring clarity for participants.
6. **Investment Requirements**: It's important to be cautious of projects necessitating substantial financial investments. Prom Testnet tasks utilize free test tokens distributed daily from a faucet, eliminating the need for monetary expenditure over the past month.
By elucidating this example, I aim to provide insight into my decision-making process and offer guidance for your own research endeavors.