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Author Topic: Can something free be a scam?  (Read 4096 times)
cryptobucs
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May 29, 2018, 03:03:02 PM
 #261

Scam means dishonesty or fraud. That is why people are calling some airdrop as a scam because they didnt give the rewards as they promised even it is free. The bottomline is we are promised to be rewarded after signing up but they didnt give back anything, we already call that as scam or fraud.
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May 29, 2018, 03:28:16 PM
 #262

Hi everybody,
Lately I am reading a lot of posts asking: is this airdrop a scam? Is that free ICO a scam?
So I am wondering how can something that doesn't cost you a penny be a scam. Sure, they get your email adress and maybe a ETH Adress, but how can you  really be scamed with only this informations? I am not talking about airdrops that require kyc registration, that for sure can be dangerous.
Cheers,

i dont think it is a scam, but the airdrops usually give a small rewards for their participants.
if there are airdrops that requiring kyc, you should not participate on that airdrop.

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NewBet
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May 29, 2018, 08:17:22 PM
 #263

Mostly good things are never free. If something is free it is most likely a scam. Airdrops on the other hands can be scams by their own right. They are also a way for the project owners to get a lot of people interested in their coin because if you are holding some of their tokens then you are automatically interested in the project which could end up convincing you to invest in their coin.
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May 29, 2018, 10:34:41 PM
 #264

Hi everybody,
Lately I am reading a lot of posts asking: is this airdrop a scam? Is that free ICO a scam?
So I am wondering how can something that doesn't cost you a penny be a scam. Sure, they get your email adress and maybe a ETH Adress, but how can you  really be scamed with only this informations? I am not talking about airdrops that require kyc registration, that for sure can be dangerous.
Cheers,

Under the term of scam people mean as I understand the airdropped coin that you get but after you can not do nothing with it. It doesn’t grow, it can not be exchanged on any other currency. Here is a sense.
Though not all, here are some free that can be scam which used to get the information of the participant. Like airdrop, you cannot trusted all of it because some project are used to find a good victim to get their account. Sometimes not being listed and no value in the market which make as shitcoins.

heshamyasin1
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May 29, 2018, 10:36:21 PM
 #265

maybe they have deepweb tools to check on your eth address
mastadonballs
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May 29, 2018, 10:37:53 PM
 #266

Airdrop campaigns usually do not have to spend a lot of time, just leave the information and wait for the distribute Token. But the tokens get almost no value because those ICOs are not potential. Airdrop is only valid when it applies to bounty participants, and they are rewarded more with airdrop. The KYC of airdrop is stupid and not necessary.
aussiesloth
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May 29, 2018, 10:45:54 PM
 #267

Free Airdrops can certainly be a scam... perfect example: OTHO

Everything looked legit... got free tokens and then tokens started to be traded on a DEX.

They promoted what was going to be monthly HODLer airdrops after the initial airdrop, with a tiered structure - the more you owned, the bigger the slice of the next airdrop, so people subsequently were incentivised to go and buy tokens on the DEX to reach a higher tier.

subsequent airdrops never happened.

It was simply an elaborate plan to get a quick buck - it was the project team selling the tokens on the DEX to all the people looking to top up, and then they vanished.
padsbzub6666
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May 30, 2018, 03:56:38 PM
 #268

Many of the airdrops are not airdrops, they ask for email and sometimes even for KYC information and thus they can be a scam indeed and the data may end up in the darkweb.
deevan
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May 30, 2018, 06:33:26 PM
 #269

Yes, some airdrops can be a scam in a way that they might claim to give you some free coins that they will be distributing it after their token sale completion for joining their telegram group, following on twitter so that their community grows and they can attract more legit investors to buy their coins & in the end the ICO makes an exit scam without distributing airdrop coins and coins to the investors. Also, everyone should avoid those airdrop coins that require KYC, don't sell your information for just a few tokens that have a value of just ~5$ it could be nearer to scam.
marinsoalan079
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May 31, 2018, 12:34:59 PM
 #270

An absolutely normal phenomenon which is impossible to ignore.I think that over time sites will release some ograniczenie or learn how to distinguish between scams
Ilefotobad
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May 31, 2018, 04:32:50 PM
 #271

At times. When something is free, it's possible to be a scam and also a waste of time. At times they might ask you to provide your private key so as for them to believe that the wallet address is really yours.
Xclusive5
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May 31, 2018, 04:40:12 PM
 #272

The scammers always make those things look free but its actually not free because once they ask for your email address, they will do everything to hack into your email account in order to get any information such as private key so they can move the funds in your wallet.

lettypace
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June 01, 2018, 06:13:19 AM
 #273

Maybe it can be said yes because something free it will not be the same as what we ourselves because getting something free is easy but with most of the free it sometimes there is a scam and Airdrops may not look like a scam because they only give away free coins if you get a free coin lest you give your e-mail address
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June 04, 2018, 10:47:05 PM
 #274

Yes they can be a scam. An airdrop gives free coins or tokens, but before they give it to you, you will be required to do something like registering to their sites. If you have done all their requirements and still not receiving free coins or just receiving shitcoins, that is when it can be called a scam. Also they often attract a lot of subscribers. And thus want to show that they are very popular and thus attract investors from scratch.
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June 04, 2018, 11:03:29 PM
 #275

Each airdrop implies a certain project in the future and how many projects for the successful implementation of their business plan need to be implemented so the campaign distributes its coins. And if the project promises anything and does not pay even free coins is a real fraud only for their own purposes! This is the probing of the market and the preparation of the reverse plan of campaigns for example by the method of the reverse! Why are they not scammers, these are the first steps of scammers!
Thing thing
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June 05, 2018, 03:37:06 AM
 #276

There is nothing free here. The only thing free is in the mouse trap. But getting ethereum and email address wont be enough to steal your private keys,remember not to use your main email address with these free airdrops.
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June 05, 2018, 04:25:05 PM
 #277

Fraud can be any project. Even that has passed all the tests. What prevents great team to simply collect all the money and running. So there is need to know the history of the team and the predisposition to such methods.
cryptobucs
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June 05, 2018, 04:29:18 PM
 #278

Yes. Eventhough its free, they promise to give a rewards in exchange on signing the airdrop. Once they didnt fulfill that promise it is consider as a fraud or scam.
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June 05, 2018, 07:18:56 PM
 #279

Yeah alot of them are scams and you end up giving away personal information such as your identity number but I still know alot of people who make money off airdrops.
maianh09
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June 05, 2018, 07:21:19 PM
 #280

Hi everybody,
Lately I am reading a lot of posts asking: is this airdrop a scam? Is that free ICO a scam?
So I am wondering how can something that doesn't cost you a penny be a scam. Sure, they get your email adress and maybe a ETH Adress, but how can you  really be scamed with only this informations? I am not talking about airdrops that require kyc registration, that for sure can be dangerous.
Cheers,
There are several projects that send us the mail and require us to have a KYC account to receive a token from the Airdrop submission site. But when I click on the link in the project mail, it leads me to a fake myethwallet website. I think such projects are scam projects
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