Scam vs. Legit tokens

[hani1929]

How to know if token from airdrop is a scam or legit?

[alishawaiz]

I am joinig all of them..just takes a minute.so instead of wasting time on research i simply apply..
Btw if you got some good answer then inform me too

[Valzador]

How to know if token from airdrop is a scam or legit?

- They have products that are already working.
- Their products serve to solve that problem in the community.
- Clear long-term plan

[olushakes]

How to know if token from airdrop is a scam or legit?

- They have products that are already working.
- Their products serve to solve that problem in the community.
- Clear long-term plan

This still boils down to investigation and even beyond the face value of the project because all those you listed there can be faked. A business with presence in a section of the market within the country that does not even have anything to do with Tue crypto industry, can be  sought then unscrupulous individuals will pull some information together to raise ICOs which is not even in anyway related to the project and because the original business does not even have internet presence, it then difficult to ascertain especially with intimating provide of the team members.

[hani1929]

How to know if token from airdrop is a scam or legit?

- They have products that are already working.
- Their products serve to solve that problem in the community.
- Clear long-term plan

Thank you sir

[Valzador]

This still boils down to investigation and even beyond the face value of the project because all those you listed there can be faked. A business with presence in a section of the market within the country that does not even have anything to do with Tue crypto industry, can be  sought then unscrupulous individuals will pull some information together to raise ICOs which is not even in anyway related to the project and because the original business does not even have internet presence, it then difficult to ascertain especially with intimating provide of the team members.

I forgot another one that is tracks record of the teams and advisors coin development, Track records can not be manipulated.

[Welckomtome]

How to know if token from airdrop is a scam or legit?

How do you know this? if you get tokens for free and in most cases it's just a form with minimal actions, it's like a lottery only you do not invest your money ... just fill in the data and wait ..

[desomnomnom]

What I usually do is to do a quick search online and see if there's anyone talking about the coin. Chances are, if it's a scam, it will be exposed by someone online   Otherwise I would look at the team, website and telegram groups.

[crairezx20]

Mostly airdrop coins are made just for scam but there are few legit tokens out there just claiming there are good just make sure  don't give your private keys just to get airdrop coins.. I heard someone from reddit having problem claiming airdrop coins and asking for private keys and  all of his funds are gone..
It will be hardly to find a legit token but claiming all airdrop coins will be a good idea and someday it will be worth it. to hold.

[radeone]

I would read up on it before hitting the go button. Understand the product and/or service before jumping in. I have invested in a few ico's but fortunately only 1 of them was a loser and the other ones have paid pretty decently. Most of the time its about how long you can hold for.

[Minecache]

How to know if token from airdrop is a scam or legit?

- They have products that are already working.
- Their products serve to solve that problem in the community.
- Clear long-term plan

Plus the project should have legit and reliable team. And at least founders should have high quality social media profiles.

[hani1929]

Mostly airdrop coins are made just for scam but there are few legit tokens out there just claiming there are good just make sure  don't give your private keys just to get airdrop coins.. I heard someone from reddit having problem claiming airdrop coins and asking for private keys and  all of his funds are gone..
It will be hardly to find a legit token but claiming all airdrop coins will be a good idea and someday it will be worth it. to hold.

How about those airdrop need to donate eth first or whatsoever to get airdrop? I thought all airdrop is always free.. thanks for response

[Kemileye]

How to know if token from airdrop is a scam or legit?

Its very simple, to know if its scam or legit, if its a scam the admin will go ahead and sell on etherdelta without distributing anything to the airdroppers.

[abduljacklu]

check the products if they have existing products,check the long term plan,and the developers.
or you can join them instead and wait for the cois to drop if it gets pump you are lucky.

[Legendari]

Ohhh, it's very simple my friend. All coins distributed airdrop fraudsters.

[SamsungBitcoin]

How to know if token from airdrop is a scam or legit?

- They have products that are already working.
- Their products serve to solve that problem in the community.
- Clear long-term plan

Plus the project should have legit and reliable team. And at least founders should have high quality social media profiles.

I think even scam airdrop has these plan, they want to impress the people to get interest in their scam project. Its hard to determine which is the legit airdrop coin the important is you will only claiming their free and do not invest early you must need to observe while participating in their free token airdrops. Hoping that no one will got scam by the shit projects.

[Mark1996]

How to know if token from airdrop is a scam or legit?

You can go to their websites and check them out or you can find it as a scam if they are asking for your private kes, because all airdrops never require you to provide your private key, if they do you must doubt and do not fall for their scam.

[Mark1996]

sometimes those who ask for token donation are also scam so they can collect tokens for themselves but not all.  So you have to be careful if such things happen or go to their websites if something suspicious then its better not to participate.

[Ailmand]

How to know if token from airdrop is a scam or legit?

- They have products that are already working.
- Their products serve to solve that problem in the community.
- Clear long-term plan

Great points. Basically, to obtain this information, the best thing to do is to research on the coins or tokens. Also, take note that there are some hackers that use airdrops to hack and obtain your wallet details in fraudulent ways. So, joining blindly can have a double-edge effect because it put you on a vulnerable position.

[rayjellanajao]

Legit tokens are those who have a dedicated team, the token had a purpose, well planned roadmap and whitepaper while scam token are those who required you to donate some amount, forcing you to donate, asking your private keys. It's too obvious that they were scam though,  so don't fall for them.