Is SUI a SCAM project or LEGIT? - page 2.

tvplus006

legendary

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To the Moon

Quote from: JeromeTash on April 15, 2023, 03:51:11 PM

Quote from: Sidra101 on April 15, 2023, 10:12:58 AM

SUI conducted a TestNet program which lasted for almost a year and eventually they refused to airdrop their community who spend time and efforts to ensure the success of their project.

Is this the project you are talking about - sui.io?
According to this article, they said that the airdrop is going to be in Q4, 2023 or am I missing something?

The article you are referring to is not official. These are just the author's dreams that SUI can release airdrop. If we turn to the official information, we see that SUI never planned or promised airdrop. This was once again stated by the co-founder and product director of Mysten Labs, which is the developer of SUI: "Stop spreading nonsense. There is NO Sui Airdrop. Not planned or ever will be." - https://twitter.com/EmanAbio/status/1645183702224506881

shinratensei_

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they are most certainly legit, there are many fuds circulating around attacking sui but honestly that's just because the team decided not to do airdrops considering it was heavily infested with many cheaters.
now they are instead trying to make a token sale through various exchange that's already famous. so their legitimacy isn't even a question.
they've actually also raised hundred millions of funds through initial funding by the many venture capital in which actually still kind of baffle me why they are still seeking for additional funding. but honestly, if they don't even held an airdrop, they are not at fault mainly because well they never actually announced an airdrop, so they have no obligation to do so.

Oneandpure

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Still you ask reputation from SUI coins? check last update about this project have official confirming will pre sale on three bigger exchange from Kucoin, OKX and Bybit. But for testnet is not recommended from the SUI developer and if you have been participants in testnet seems not get chance for SUI coins mainnet. Its seems different with other coins not launching with airdrop reward and list as pre sale on third exchange above. Not all new project expected will launching airdrop although how many people excited for joining this airdrop by claiming faucet and testnet coin, but its reality when early preparing for getting SUI testnet they not launching yet with testnet or airdrop project.

You can buy pre sale on Bybit, Kucoin and OKX before 24 April.

https://twitter.com/suipiens/status/1647088123669790720

goaldigger

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Airdrop is not mandatory so better not to expect that much, and just participate without expecting anything in return since you are only spending money for the fees and not for the project itself. Always do your own research, you can know if the project is a scam by doing this, though having no plan for the airdrop doesn’t necessary mean the project is a scam, you still need to look for other red flags about the project.

Johnyz

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Quote from: Sidra101 on April 15, 2023, 10:12:58 AM

SUI conducted a TestNet program which lasted for almost a year and eventually they refused to airdrop their community who spend time and efforts to ensure the success of their project. instead of airdropping their communities they lured some few members of their community to participate in their presales. so, what is your opinion on this.? Is SUI a SCAM project or LEGIT?

Hard to tell a scam project until it happen. If they are able to attract good community then I think its better for them to focus on making it a good project. Airdrop is not necessary and there’s no assurance for this, since the hype of airdrop is coming back, many expect that every project will have this, again it will still depend on the project developer, though rewarding the community can still happen in other way.

JeromeTash

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Quote from: Sidra101 on April 15, 2023, 10:12:58 AM

SUI conducted a TestNet program which lasted for almost a year and eventually they refused to airdrop their community who spend time and efforts to ensure the success of their project.

Is this the project you are talking about - sui.io?

According to this article, they said that the airdrop is going to be in Q4, 2023 or am I missing something?

muddafudda

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It is important for investors and users to conduct their own research and due diligence before investing in any cryptocurrency or blockchain project. This includes examining the team behind the project, the technology being used, and the project's whitepaper and roadmap. Additionally, it may be helpful to look for reviews and opinions from trusted sources in the cryptocurrency community to gain a better understanding of the project's reputation and potential.

blockman

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So does this means that this project won't recognize the efforts of those that did the testnet? It's because I've been seeing people that have been too hyped on this project and they're boasting that this could be the next ARB. Needless to say, don't be too trusting with these projects especially the new ones because you'll never know if the developers of it will go South and will change the terms and development of these projects that you're too optimistic with.

ultrloa

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Quote from: Sidra101 on April 15, 2023, 10:12:58 AM

SUI conducted a TestNet program which lasted for almost a year and eventually they refused to airdrop their community who spend time and efforts to ensure the success of their project. instead of airdropping their communities they lured some few members of their community to participate in their presales. so, what is your opinion on this.? Is SUI a SCAM project or LEGIT?

Don't expect anything on a platform to have a airdrop if they didn't give anything on that timespan then move on, its either they are not really paying or they don't ready yet to distribute the allocated budget intended for airdrop. Just try your luck on other testnet but also make sure you didn't spend any amount on any airdrop potential project to getting scam by those people who run a fake project in this space.

Just try more free airdrops to get more higher chance to spot a good project among those newly or old platform running.

Ojima-ojo

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Quote from: Sidra101 on April 15, 2023, 10:12:58 AM

SUI conducted a TestNet program which lasted for almost a year and eventually they refused to airdrop their community who spend time and efforts to ensure the success of their project. instead of airdropping their communities, they lured a few members of their community to participate in their presales. so, what is your opinion on this.? Is SUI a SCAM project or LEGIT?

Don't trust any altcoin projects, it is better to have the mindset that you may not get paid for your efforts if you participate in an airdrop let's say among 100 projects that have airdrop only 20 will distribute the rewards to bounty hunters and remaining 80 will be a scam project who will nether get listed on an exchange or distribute tokens to either investor or bounty hunters.

So altcoin is practically a gamble and at that, we must know how to take the risk when it comes to altcoins, I personally will not advise anyone to waste their time on any of such campaigns even if the task is very simple to accomplish.

Sidra101

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SUI conducted a TestNet program which lasted for almost a year and eventually they refused to airdrop their community who spend time and efforts to ensure the success of their project. instead of airdropping their communities they lured some few members of their community to participate in their presales. so, what is your opinion on this.? Is SUI a SCAM project or LEGIT?

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