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Author Topic: AIRDROPS ARE NO LONGER VIABLE  (Read 980 times)
mdzahed134
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October 28, 2020, 03:07:40 PM
 #41

why can you say that? From my point of view now Airdrop is more valuable, did you miss the airdrop from UNI? and other Defi tokens? It is very unfortunate, now there are many airdrops from the Defi project, but indeed many are scams, you can follow all the airdrops, and wait for distribution,
all the information is on telegram, there are many channels about the latest airdrop.
Uniswap wasn’t open for all of the users only who guys used their exchange they got opportunity to claimed. But i think it was too worthy airdrop in this year personally i haven’t seen any such big rewards airdrop. In generally i can't judge by only few good DeFi project airdrop. You know mostly DeFi is going exit scams.

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October 28, 2020, 03:11:19 PM
 #42

Airdrops that require participants to pay are no longer an airdrop in its own right. In addition, the majority of the token value airdrops received are quite small, only a few dollars (except for a very small lucky number like UNI). So it encourages cheaters, who have the ability to program tools to generate thousands of clones.

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October 28, 2020, 03:29:47 PM
 #43

Long time ago in this history of crypto currency, the community behind most successful project are been rewarded for their commitment and dedication toward a project by joining their social platform. they contribute on way forward on how the project is been designed and how it will look attractive. Most project rewards the community tru Airdrops and so many other options like stake drop, luckdrop.

These days crypto project attracts members to increase the size of the social media platform by creating FAKE Airdrops with out any plan of distribution but a means to lurk individuals seeking for airdrops and nothing to offer to the platform. this step has improvise scammers these days. they create group, claim Airdrops and allow gullible members to flock their groups. which after, they conduct pre-sales. and then close shop. shut down accounts and prepare for another round.

Summary of the current thrend scammers are using nowadays to steal from gullible and greedy crypto Lovers.
OPEN new social media accounts.
claim airdrops and listing on uniswap.
conduct fake pre sales with little contribution.
then shut down accounts disappear.

Reappear again after rebranding their platform.

Uniswap ,a free listing decentralized exchange. it cost them nothing to dump their token even if it get listed.

Stay awake. make sure you research properly any project you intend to send money to claim anything. they migh dissappear and make sure you send what you can afford to loose even if you want to give it a shot.  Grin Grin

Last before i leave. imagine 3000 people sending 0.001eth to a wallet. it looks cheap but someone is about to become a millionaire within seconds.
Just think before you send that money. 0.001eth  could worth hundreds of dollars in the future.

How could you call it an airdrop if it's requiring you to send money to claim your token? Just by that, you would know that it is a scam. Only dumb would fall for this kind of tricks. Airdrop means free token. If it's requiring you to send money, keep away from it. Also, Airdrops nowadays are not rewarding anymore, the only airdrop that i think worthy this year is probably the Uniswap but still, I guess it is not an airdrop because they only rewarded their early adopters.

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October 28, 2020, 03:44:16 PM
 #44

Summary of the current thrend scammers are using nowadays to steal from gullible and greedy crypto Lovers.
OPEN new social media accounts.
claim airdrops and listing on uniswap.
conduct fake pre sales with little contribution.
then shut down accounts disappear.

I always see new airdrop do this. A Project create fast airdrop limit to 100-500 participant, then list their token to Uniswap,Justswap or other swap exchange and add liquidity to their token.
But, to claim token from airdrop, they must send many fee to dev's wallet. After disteibution, dev remove the liquidity.
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October 28, 2020, 04:13:18 PM
 #45

It's a complete scam if project ask you for any payment in return, the meaning of crypto airdrops is sending out free tokens to those who subscribe to a project email or do other small tasks, anything different from these are complete scam

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October 28, 2020, 04:15:04 PM
 #46

It's true that a lot of scammers are using "airdrop" to gather support from the community and suddenly dropping the project I also see some projects asking a certain amount of money from the bounty hunters which is typically a one trick using by the scammers. So I could really say that airdrops are no longer profitable and safe.

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October 28, 2020, 04:29:55 PM
 #47

It's true that a lot of scammers are using "airdrop" to gather support from the community and suddenly dropping the project I also see some projects asking a certain amount of money from the bounty hunters which is typically a one trick using by the scammers. So I could really say that airdrops are no longer profitable and safe.
In my opinion, the worst thing is that those criminals collect our identities easily through fake airdrops that they make, with KYC regulations that usually happen often it will allow the perpetrator to get our identity and can be used for crimes and what becomes worse is with identity who have collected a lot, fake airdroppers can sell the identity at a low price.

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October 28, 2020, 04:45:59 PM
 #48

Airdrop means getting a free token from a certain project by doing some tasks, it says FREE you don't need to pay anything. But with the hype of DEFI projects now most participants of airdrop send some eth to pay for their gas. This is not advisable but participants use to do it hoping the value of their token will reward them a lot. Just be careful in joining such airdrop.
Nothing is free, even with aridrop you need to spend time working on it. Usually aridrop participants will have to follow tw and join the telegram group.
And with the aridrops at this point of time being wasted on them, we can use that time to do more useful things.


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October 28, 2020, 04:49:28 PM
 #49

Airdrop is just a waste of time , earning a small amount of token free. Also ,there are only few good airdrop now, mostly are scam, so be careful those who always want a free token.

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October 28, 2020, 05:03:54 PM
 #50

In any case, doing the airdrop is fine. It doesn't matter the project pays or the scam, the most important thing is every time you have free time try to join the airdrop campaign as much as possible. No one knows for sure there will be one that will make money. The most important thing and should be remembered is never to send funds to them, which you say is true, because even if it is a little they will still benefit from many people.
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October 28, 2020, 05:27:49 PM
 #51


Uniswap ,a free listing decentralized exchange. it cost them nothing to dump their token even if it get listed.
Uniswap is a free listing decentralized exchange but they have implemented a TOS fee for every token sales done on their platform which i believe aomehow reduce scam ERC2.0 token sales on their platform. However, crypto investors need to stay awake as you said because theres no way fake airdrop project etc wont operate.


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October 28, 2020, 05:47:29 PM
 #52

The issue is not peculiar to Airdrops alone, it has eating into bounty campaigns also, with all these default in payment for Airdrop tokens and bounty tokens, I think Escrow payment needs to be brought back, I don't understand why these was thrown aside, if these is implemented it will help eliminate these

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October 28, 2020, 05:56:32 PM
 #53

People should just stop joining Airdrops that aren't from top rated projects, it won't worth your time because you will end up in pennies, if he Airdrops from from quality projects then you can make some hundreds of dollars, it's even more harder to get paid as promised from bounties, I think we need escrow payment from now on
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October 28, 2020, 06:19:07 PM
 #54

People should just stop joining Airdrops that aren't from top rated projects, it won't worth your time because you will end up in pennies, if he Airdrops from from quality projects then you can make some hundreds of dollars, it's even more harder to get paid as promised from bounties, I think we need escrow payment from now on

I don't see it bad idea to join in airdrop if you know you can earn from it. I see many people that continue earning in airdrop in social media today and since there are defi hype even new project with aidrop use that trend and make their own then distribute it to many users.

There are aidrop that still give high rewards ,not all airdrop will only give you penny if thats true then no one will support that kind of promotion today it's still working because there are people continues earning large amount by just doing simple task.
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October 28, 2020, 06:36:13 PM
 #55

The issue is not peculiar to Airdrops alone, it has eating into bounty campaigns also, with all these default in payment for Airdrop tokens and bounty tokens, I think Escrow payment needs to be brought back, I don't understand why these was thrown aside, if these is implemented it will help eliminate these

This problem is directly related to the quality of projects that airdrops and bounty companies launch. This is what determines whether you receive your rewards or not.
If the project is bad, then it does not matter if you participate in an airdrop or in a bounty company, most likely you will not get anything, and vice versa, good projects always pay.

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October 28, 2020, 06:41:39 PM
 #56

Obviously, only if you get lucky and find some high reward airdrop otherwise most airdrops are low quality projects and even some that pay their reward value is below $10. So what would you do of such low reward when the transaction fee and comissions are high you end up making nothing so it is not suggested anymore.

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October 28, 2020, 06:52:09 PM
 #57

Airdrops were a nice form of promotion back in the days of the ICO bubble. When the entire cryptocurrency market was booming, the prices of tokens distributed in airdrops also went up and everyone could collect nice profit doing almost nothing. It was enough to register by entering your ETH address and confirm your willingness to receive tokens. Unfortunately, but later (during bear market) only few of the projects using this form of promotion succeeded in the market. Most simply fell and the price of their token dropped to zero. Till now it looks like that. Collecting tokens from airdrops is, in my opinion, making your address a regular junkyard. Earning from collecting airdrops for long time is not profitable. For me it is a thing of the past.


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Lanatsa
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October 28, 2020, 06:58:41 PM
 #58

Airdrops were a nice form of promotion back in the days of the ICO bubble. When the entire cryptocurrency market was booming, the prices of tokens distributed in airdrops also went up and everyone could collect nice profit doing almost nothing. It was enough to register by entering your ETH address and confirm your willingness to receive tokens. Unfortunately, but later (during bear market) only few of the projects using this form of promotion succeeded in the market. Most simply fell and the price of their token dropped to zero. Till now it looks like that. Collecting tokens from airdrops is, in my opinion, making your address a regular junkyard. Earning from collecting airdrops for long time is not profitable. For me it is a thing of the past.
Its already indeed thing in the past and I don't see any relevance in todays situation where majority of those airdrops do end up on being shit and if not they do require much of work for those
free tokens that would be given which it isn't really worth for the effort to be made.

But still there are some which can really give out some still profits but chances for you to hit the pot is less compared to those old days where most likely you will really make out
money into those free tokens but now its total garbage.

Its not a bad idea to receive but be sure that you aren't risking something like your time and effort on making some task for you to be eligible or even the worst where the
team do ask out for some gas fee? that's bullshit.

R


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October 28, 2020, 10:01:58 PM
 #59

Snip~~~

Its not a bad idea to receive but be sure that you aren't risking something like your time and effort on making some task for you to be eligible or even the worst where the
team do ask out for some gas fee? that's bullshit.
Lately there have been a lot of airdrops asking participants to send gas. If you can be sure that it is legitimate and reliable, and the gas requested is not too big (<3 $ for me is fair) I don't think it is a problem if you want to try it, because some are legit. mostly hit and run, will usually dump immediately.

well, the current airdrop is always a burden, related to social media and gas usually. if it's really not burdensome then just try, who knows you're lucky, even if it's a scam, at least the nominal lost isn't too big.

Beware that there are lots of airdrops from new websites asking to link it to your wallet. don't use your main wallet, provide a special wallet for airdrop, for security.

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October 28, 2020, 10:11:52 PM
 #60

Airdrops were a nice form of promotion back in the days of the ICO bubble. When the entire cryptocurrency market was booming, the prices of tokens distributed in airdrops also went up and everyone could collect nice profit doing almost nothing. It was enough to register by entering your ETH address and confirm your willingness to receive tokens. Unfortunately, but later (during bear market) only few of the projects using this form of promotion succeeded in the market. Most simply fell and the price of their token dropped to zero. Till now it looks like that. Collecting tokens from airdrops is, in my opinion, making your address a regular junkyard. Earning from collecting airdrops for long time is not profitable. For me it is a thing of the past.

This was just a waste of time and effort upon collecting those bunch of shit tokens. Some friends shared me a lot of airdrop links but deep in my heart, there's no confidence to do it. Maybe in time of bullrun days, everything is accountable compared nowadays that ico legacy was over. If somebody who's a whale would capitalize an airdrop, should use his money wisely that he should take back a good profit.

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