BITCNY AIRDROP TURNING THE OTHER WAY

[Miaallen]

BITCNY on the 31st of December 2021 announced a massive airdrop giving 10,000 BITCNY worth $1,500 to the participants who has a minimum of 5 referrals. Distribution of the Airdrop token was scheduled to be 15th of January, 2021. The airdrop events attracted a lot of participants which is recorded at above 120,000 participants and they reported.

The surprising thing about this is that when many projects are looking for ways to reduce the rate of free tokens issued out, they announced only 20% of their total participants are eligible for payment which will make them postpone their distribution for other 80% to meet up with the required tasks to be eligible for the free tokens.

Things started going a scam way when the team announced their partnership with UNISWAP and then given out 400 UNI to anyone who makes a donation towards their project which is now a new normal scam strategy adopted nowadays. They also two days ago announced their partnership with Bitcoin and Ethereum claiming to be giving away $3,000,000 to their contributors.

All these above shows they are scammers. A look at their website shows no details about the team is uploaded to examine the legitimacy of their project, no office or official contact other than their social media communities.

If this project is actually real, the money they claim to be giving away should have been used towards the development.

To me, I believe the project is on scamming mission and every investors should be careful of putting their funds towards it.

[VDraci]

I joined the airdrop but I don't even know that you have to refer 5 people to be qualified, anyways I have nothing to lose because I never invested on the project, though this project get some huge hype going on, no deny about that

[eXtremal]

yes I also rate it very badly and they cheat in a very sneaky way to get people to be hypnotized by their event which offers a very large reward, we need to report them so that no one becomes victim of their scam