is it a legit airdrop or not?

[NFTmark52200]

Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts.

https://y24.io/airdrop check our and let me know

[BitMaxz]

Airdrops are legit but the problem is we do not know how legit is y24 token.
Currently no data yet on Coingecko it doesn't even have any announcement here on the forum and it can't find much info about this and we do not know why this token was created or any future plan for this project(Roadmap).

What I see on their Twitter page it is restaking which makes you passive income up to 86% APY.
For me, it's obvious they made this as an investment token we know almost all investment sites/projects out there are scams if it was just made to let your investment grow by almost 86% APY with no roadmap or purpose why this project was created.

[Wiwo]

Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts.

https://y24.io/airdrop check our and let me know

When it comes to airdrop or bounty,  we can not totally out rightly deny the legitimacy in the market,  but the problem is that,  many of those airdrops or bounties have been scam and that is why many participants become hesitant about accepting to work on any of them unless they are able to prove them,  and right about now,  the airdrop link you shared has no records any where for us to work with and for that we advice you to take caution with such project and do an extra research to know more about them.

Because from the look of things,  since this airdrop have no information online and also doesn't have a thread here in the forum,  many people will not ve able to give you any input in the case so you have to rely on your own research and take the risk if you wish.

[ryzaadit]

Any deposit airdrop.

Get ready to get scammed. It's a new project right? no one can vouch is safe or not. It's just gambling, you hoping is pay off & not getting scam. However, most people are really avoiding any kind of deposit airdrop scheme.

Just to risk.

[bangjoe]

because it shows being in BNB, you need to see whether Binancelabs supports this project or not, usually projects that are supported by binancelabs will provide good benefits to each contributor, and what I'm afraid of on projects like this is that even though you get their tokens from APY, but if it doesn't have a decent selling price on the token sale it will just be a waste of time.

But the network is pretty good, although only a few networks can integrate, but I will try it risking my 0.1 BNB to try it.

[kentrolla]

I have stopped believing in airdrops long time ago and I would also encourage other to stop wasting their time in airdrops as success ratio is very thin and most of the time we end up wasting our time and prompting scam projects. This new methodology of investing a minimum amount like 0.1 ETH or 0.1 BNB is even more riskier as we cannot bank on anything wherein you have to pay first. We have seen more people avoiding such airdrops.

[rhomelmabini]

Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts

Not clicking any links here tbh and the name y24 as a project seems to me wasn't that appealing, maybe they could have tried more names. Well, not my problem but I don't think this one doesn't have any resemblance to what Blast would do. You may participate but always use burner wallets when interacting with dApps.

[batang_bitcoin]

Come on guys, you don't have to make new threads about this project. There's 2 that I've already seen that talks about this y24. I won't be surprised if you get banned because of your repetitive threads that tackles with the same project/topic. I've already told you that you shouldn't do it and stick to the first thread that you have made.

Bro, you've made this thread already and you've made another one which is this thread: Is participating in an airdrop a wise choice?
And the content of it is also the same as this thread of yours. You don't need to make a new one for people to just discuss some other topics over the thread you've made but has the same project on it. I'd like to give you a reminder about one forum rule about making the same threads.

12. No duplicate posting in multiple boards (except for re-posting topics in the local language boards if they're translated and re-posting marketplace topics in the altcoin boards if altcoins are accepted).

[Sophokles]

Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts.

https://y24.io/airdrop check our and let me know

Blast is ethereum L2 project develop by the same team behind one of the popular NFT marketplaces called Blur. They are well known to the industry and they have their reputation at stake. So their announcement about the airdrop is legit and their is no reason to believe that they will not follow their announcement. But this new platform you are talking about which suppose to drop tokens for free isn't well known. So it will be risky to participate in their program as your wallet can be hacked if they turn out to be scammers and you are not sure how profitable that airdrop will be if they really distribute free tokens to their community.

[Kelward]

Any deposit airdrop.

Get ready to get scammed. It's a new project right? no one can vouch is safe or not. It's just gambling, you hoping is pay off & not getting scam. However, most people are really avoiding any kind of deposit airdrop scheme.

Just to risk.

I know that investors need not to worry about the legitimacy of airdrop, it's only the tokens that potential investors needs to worry about, so every new projects needs to be thoroughly researched before putting money in them. The OP can decide if he wants to take the risk and gamble his fund in the new project, but from the feelers in this thread, he has to be very cautious if he still wants to go ahead with the project, because it might just be another scam.

[Text]

You won't know if a project is legitimate unless you conduct your research. Many projects have claimed to be legitimate initially, only to execute a rug pull later on. The fact that the first project's airdrop was legitimate or successful doesn't guarantee the same for those who imitate it. There are many factors to consider before making your final decision on whether to participate in the airdrop or not. As far as I know, most airdrops are usually free. However, in this scenario, you're required to make a deposit, and the promised returns seem too good to be true, raising doubts about its legitimacy.

[cryptomaniac_xxx]

Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts.

https://y24.io/airdrop check our and let me know

It seems that the yields are "too good to be true", so for me I will not put a single money on this project, to be honest. So it's really up to you whether you wanted to take that risk as everyone is on the fence about this project but on the response.

So goodluck if you "believed" you will earn a lot by just completing simple task. I mean that is the catch there, how can you get huge amount in airdrop if you are just completing those easy and simply task. We are no experts, I do think that there's none here, just used your common sense though and see what this project could be in the future, just saying.

[tyz]

Recently, I've been exploring blast.io, where they conducted an airdrop with a unique approach. Participants deposit 0.1 ETH, receive blast airdrop tokens, and also get their ETH back with some APY. It caught my interest, so I looked into another project called y24.io. They're launching on the BNB chain and seem to be following a similar strategy. Deposit 0.1 BNB, complete tasks, and get up to 1000 y24 tokens daily. Since they've just started, I'm wondering if it's a good idea to participate. In blast, users gained significant profits, and I believe y24 might also offer good returns. I'd appreciate suggestions from experts.

https://y24.io/airdrop check our and let me know

Depositing 0.1 ETH (around $200) to just get an probably worthless airdrop? Seems kinda fishy. I personally would not do it. First, you need to hope that you get your deposited ETH back (that the project obviously paid back BNB in the past, does not mean it will also pay back ETH, also because ETH auch much more worth than BNB) and second you need to hope the the tokens you get from the airdrop will have some worth in the future. Legit projects give away some tokens for free without depositing anything. My recommendation: stay away from it!

[Bushdark]

There are so many mining apps we can use and mine tokens so we can benefit when the project finally got listed.
Not all airdrops are scam but we need to be very careful when we want to do airdrop because some are just waste of time. We need to invest our time in something meaningful so that we don't end up losing and doing something that would not profits us in the Crypto market. Airdrops and bounty tend to one of the ways we can earn from the market especially after we have claimed the tokens we worked for.
 

[libert19]

I would not participate, I consider BNB chain to be of shitcoin/scammers chain, Blast is getting hype because it's backed by Paradigm, many of Paradigm backed projects did retrospective airdrop so people are expecting same with Blast.

Y24 has nothing sort of like that.

[redsun114]

First things first, I doubt that your question isn't genuine and it's just a promotional gimmick that you are using to promote the project in the forum by creating this thread and the whole story and stuff. I can be wrong though which is why I said I have a doubt and it's not guaranteed.

Coming back to the topic, if you ask me personally, I would never have my money stuck for a whole year or something just to get some airdrop unless I have the same asset they are asking for in my wallet which is idle and I'm not using it or trading it for now and only if I trust the website or service.

A new project can have both, a lot of potential profit and a lot of unrealized risks, and they might say that there is more reward when there is more risk, however, I feel that a person should always take only calculated risks so that they don't lose a lot of money while trying out a platform or a project.

[redwine49]

Any deposit airdrop.

Get ready to get scammed. It's a new project right? no one can vouch is safe or not. It's just gambling, you hoping is pay off & not getting scam. However, most people are really avoiding any kind of deposit airdrop scheme.

Just to risk.

I think so. There are another method of airdrop which we need to have some balance in our wallet to be eligible recieving airdrop but if they want deposit? I think it's not good

because it shows being in BNB, you need to see whether Binancelabs supports this project or not, usually projects that are supported by binancelabs will provide good benefits to each contributor, and what I'm afraid of on projects like this is that even though you get their tokens from APY, but if it doesn't have a decent selling price on the token sale it will just be a waste of time.

But the network is pretty good, although only a few networks can integrate, but I will try it risking my 0.1 BNB to try it.

Then? what is your result? can you give us some proof?

Come on guys, you don't have to make new threads about this project. There's 2 that I've already seen that talks about this y24. I won't be surprised if you get banned because of your repetitive threads that tackles with the same project/topic. I've already told you that you shouldn't do it and stick to the first thread that you have made.

Bro, you've made this thread already and you've made another one which is this thread: Is participating in an airdrop a wise choice?
And the content of it is also the same as this thread of yours. You don't need to make a new one for people to just discuss some other topics over the thread you've made but has the same project on it. I'd like to give you a reminder about one forum rule about making the same threads.

12. No duplicate posting in multiple boards (except for re-posting topics in the local language boards if they're translated and re-posting marketplace topics in the altcoin boards if altcoins are accepted).

it's click bait. the OP is indeed newbie

[bangjoe]

.
I think so. There are another method of airdrop which we need to have some balance in our wallet to be eligible recieving airdrop but if they want deposit? I think it's not good

because it shows being in BNB, you need to see whether Binancelabs supports this project or not, usually projects that are supported by binancelabs will provide good benefits to each contributor, and what I'm afraid of on projects like this is that even though you get their tokens from APY, but if it doesn't have a decent selling price on the token sale it will just be a waste of time.

But the network is pretty good, although only a few networks can integrate, but I will try it risking my 0.1 BNB to try it.

Then? what is your result? can you give us some proof?

I thought about it and rethought it, is it worth risking my BNB to try this event from people who don't have a good reputation on the forum at all, or he contributed here for not a long time (newbie). so that night I undid my intention to risk my BNB.

yes even though the amount is not much, but I think it's better to play in the current SOL ecosystem which is experiencing much better adoption and I have more references to projects that are more trustworthy, rather than dabbling in things like this. I remember using events like this in the past, but most of my deposits could not be withdrawn and with many excuses I ended up losing my money.

[Hildentine]

According to my experience is that market condition are very good and this time many projects announced there Airdrop and they give there users a good profit but many Airdrop are scam and they say to invest then they scam !!
Suddenly many Airdrop are give a good profit many are ongoing like manta etc first check the Airdrop quality there supporters then invest if anyone invest in fresh projects so many chance is that they scam there users ..

[$crypto$]

So y24 modeled its project strategy after blast.io? I doubt it was a good airdrop they just capitalized on the opportunity of something similar done by blast.io but blast.io is much better than y24.

I'm not sure about the airdrop you mentioned y24. If you have doubts then avoid it rather than getting into trouble later you were scammed.
Because what I know is that this project is not very well known, there are no unique features except for copying from blast.io.