HOW CAN ONE KNOW A FAKE AIRDROP?

[amonymous]

Personally i don't join any airdrop at this time even if you want participate a airdrop then you should search more then you can understand fake/real. Kyc is totally unless and i see some airdrop program follow kyc with spend 3-5$ lol. My advice keep avoid airdrop and look good bounty then it's better.

[irixo10]

Anytime I go into my telegram account, I see countless number of airdrop with countless offers but the challenge is trying to know which of this airdrop that is genuine.

Okay let me try my best.
First, any altcoin that wants or demand you share your private keys, mnemonic phrases is fake. As the nature goes, it is meant to be private, even when creating the wallet, you were warned about sharing private informations with a third-party, hence any airdrop asking for it, is fake.
Secondly, any airdrop asking for payment of any kind is fake. Airdrops are carried out to help promote a project and when done, the project team in return rewards the participants, therefore any airdrop now asking for payment means they are fake and looking for who to scam.
Thirdly, any airdrop whose social media accounts like twitter was created recently most times barely a month prior to the launching of the project is likely to be scam. There are many of them on telegram and twitter.
Fourthly, most airdrops from most projects have no idea on whatever they want to build, just create a telegram group, twitter and promotion starts, and within a few days they start talking about Pre-sale. I do not think projects like this are serious. Also, with DeFi still very much around, many of these projects are coming up with full force hence be careful.

[minatour]

Is damn hard finding out genuine drops, but there are ways to go about it, for already trading project, check coinmarket or Coingecko and compare if the tele link is the same with the one in the airdrop, and also research more about the project before filling airdrop forms

[Adreman23]

I also want to add this tips, there are fake airdrops just made  by scammers to steal money in our wallet. They often copy the name of a coin or project already listed on the exchanges to make  fake airdrop and at the end he force us to send some little amount of eth for gas fee to send our airdrop token into our wallet. So if we will see an airdrop of a coin or token that already listed on exchanges, just search the coin/token official main  group chat and ask the admins if they have an ongoing airdrop for verification, so that we do not fall victim to this kind of scams airdop.

[jostorres]

I can conclude that fake airdrop projects have criteria such as easy requirements, offering token prizes of hundreds of dollars or even thousands of dollars, requiring participants to do KYC, sending ETH gas fees to claim airdrop tokens, and many other criteria. and you need to avoid if you find this kind of airdrop.

Yes if any airdrop asks you to send them some fees or gas or any kind of payment to claim your coins, it is nothing but a fraud airdrop and you must avoid that immediately.

Basically you have to think that if you participate in 100 airdrops, 99 airdrops are scam. From my personal opinion in the last couple of years, i have only received 3 airdrops which is acutally worth in the market and the rest are cheaters who didn't send me tokens. So there is no machine yet to determine which airdrop will pay you or which will not pay. You have to do with your own will.

That's true but the more information you have the higher that percentage goes, you mentioned like 1 in hundred which means you have achieved 1% of the value from coins and if you can just do some more research and find more about the coin, what their idea is behind the coin and why they are offering the coins for free you can actually increase that number to at least 5-7% and yes it is impossible to detect all fraud airdrops.

[Lantind]

This has been a known problem for some time, quite a long time actually. I would never use a wallet with a lot of funds in them for airdrops, the risk certainly isn't worth it. Scammers will try every method to try to steal your hard earned money, including fake airdrops, so be aware.

That's right, the advice you are saying is very accurate, because from the past until now there have been so many fake Airdrop programs that it would be very risky if someone uses a wallet filled with valuable assets inside.

[bakasabo]

This has been a known problem for some time, quite a long time actually. I would never use a wallet with a lot of funds in them for airdrops, the risk certainly isn't worth it. Scammers will try every method to try to steal your hard earned money, including fake airdrops, so be aware.

Could you please clarity, how can scam airdrops steal your money, when you simply paste your wallet address to bot/google form/any other form of applying ? I just dont understand how can this help them to steal funds ? Like take your signature campaign application form. You've already revealed your empty ERC20 wallet. Did you use empty wallet on purpose, so that no one will know how many and what kind of tokens you have? But the whole idea of blockchain is that information is transparent and encrypted at once.

[Reatim]

This has been a known problem for some time, quite a long time actually. I would never use a wallet with a lot of funds in them for airdrops, the risk certainly isn't worth it. Scammers will try every method to try to steal your hard earned money, including fake airdrops, so be aware.

That's right, the advice you are saying is very accurate, because from the past until now there have been so many fake Airdrop programs that it would be very risky if someone uses a wallet filled with valuable assets inside.

Better be more careful about it, this will waste all of our time without any benefit. you will regret just wasting your time.

then better not joining any right?
since most of those are waste of time,i still don't know whats the reason why there are still people trying to join airdrops if they are not getting any good returns?

does this mean they have no other thing to do in life just joining airdrop and bounties?or this is part of their daily routine?

anyway whatever their reason i am not into airdrop for the rest of my crypto career.

[bitcoin31]

Actually we don't sure what is genuine or fake in the airdrop because most of them are good in hiding their true colors so the participants did not recognized that they are scam. Only taking risk you can do if you are joing an airdrop because there is no guarantee that you are erning or you get your reward there is two possible to happen is either you are getting the right token or coin or you get nothing but I suggest you to conducting a research to prevent a high possible scam of airdrop.

[Marble777]

its main criteria might be like bidding. if the airdrop offers gifts of up to hundreds of dollars or even thousands of dollars then you need to forget about the unreal party. On the one hand, some types of airdrop bots are mostly a scam. This is the main reason why I don't like telegram bot airdrops because of scams. especially if it requires the cost of fuel delivery, it is a red flag for you.

[isaac_clarke22]

I also want to add this tips, there are fake airdrops just made  by scammers to steal money in our wallet. They often copy the name of a coin or project already listed on the exchanges to make  fake airdrop and at the end he force us to send some little amount of eth for gas fee to send our airdrop token into our wallet. So if we will see an airdrop of a coin or token that already listed on exchanges, just search the coin/token official main  group chat and ask the admins if they have an ongoing airdrop for verification, so that we do not fall victim to this kind of scams airdop.

I wonder if there were legitimate airdrops that did this like sending a little bit of eth, because it seems like people are still falling for this kind of scheme.
Isn't like a red flag for a giveaway to take something from their participants? I mean it contradicts the word "giveaway", if you're the one giving something. 

[HK88]

in short, fake airdrops can be detected through the prizes they offer and also require airdrop participants to send eth gas fees & the KYC system to claim the airdrop token. you need to avoid this kind of project.

[redsun114]

There are a few things that should always ring a bell to you when you see them. For example, there are coins or tokens that I know are well established but I will still see an airdrop of that same token, which is a huge sign that the airdrop is a scam. Imagine you see an airdrop of Tron which is already popular, it’s probably going to be a scam because such tokens don’t need any more of that since they are well established.

But there are still popular coins that can still do airdrop, so you should check their links and know whether they are linked to the official media pages of the coin or their official website, if not, then it’s best to stay clear from it. Other things I’d like to point out are the ones with grammatical errors, the ones that are using Google form, and the ones that are posting from new accounts.

[CryptoTrip]

what to look for, if there is a smartcontract for this token, than 50% that its  not a scam or at least will go to the exchange, if there is a team that opened their faces, then another 40% that this is not a scam, the rest is trifles