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Author Topic: How Do You Know Real Airdrops From Fake Ones?  (Read 135 times)
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July 24, 2024, 10:00:11 AM
 #1

The nouse is just too much and knowing what;s worthwhile isn't easy. How do you guys know what's worth hunting?

What do Elon Musk and Satoshi Nakamoto have in common?
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July 24, 2024, 10:27:39 AM
 #2

The nouse is just too much and knowing what;s worthwhile isn't easy. How do you guys know what's worth hunting?

Here's my take between real airdrop and fake airdrops.

Real ones show below

Transparency
Real community
Have working product
Could able to spend to market or advertise their project.

Fake

Lack of transparency
Created the same name of animals or other famous token who became hype
Questionable reputation of the owners
Ask important details or funds to their participants
Everything seems unclear on their project

This is my key points although I maybe wrong on some of my points but you can just add yours if you learn something thru experience or by other peoples post on this thread. But right now I don't participate much on airdrop since its like we are just wasting our there.

R


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July 24, 2024, 03:25:54 PM
 #3

The nouse is just too much and knowing what;s worthwhile isn't easy. How do you guys know what's worth hunting?
If the concept is unique and the developers are transparent, and they are capable of building and creating a platform, these are projects worth working on in their airdrop if they have one.

If you check the market, the airdrops are just duplicates of the ones that started the concept, like Notcoin and Dogecoin.

Some unscrupulous developers just create duplicate projects as their cash cow, and you can see that in their tokenomics and the way they create their websites, I have seen memes presenting cheap website design because they cannot and do not want to hire designers because they will eventually pull the plug once they had enough money.


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July 24, 2024, 06:59:23 PM
 #4

The nouse is just too much and knowing what;s worthwhile isn't easy. How do you guys know what's worth hunting?
It's like a guessing game, to be honest most of these airdrops are hard to determine whether they'd be fake or not at the beginning. Most of their true skin will come out when there's already a community built after that project and yet, the developers aren't doing anything in their capacity as promised when they're starting out. You lurk in many of these airdrop communities and you'd see a lot of them that are still waiting for the release of the token.

They're giving that idea to their users that soon, the release is coming and good news are ahead. But it's just so hard to trust these developers anymore because many of them are just all talk. And that means that if you're into airdrops, you don't trust any of them. Just do your thing and don't be too hype with whatever news they're releasing to the public to gain more attention and exposure.

The real ones know what they're doing and they'd deliver results and not with more highlights in the media that they like to do at most.

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July 24, 2024, 08:50:20 PM
 #5

Most of the time, you just have to look at the website and check what is stated there. Then go to the social media accounts to confirm by checking who follows them or which platforms they've announced partnerships with. If they are alone and no other reasonable project's media account associates with them, it's either because they are not a reasonable project, not strong, useless, or fake.

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July 24, 2024, 09:19:53 PM
 #6


Real
Transparency
Real community
Have working product
Could able to spend to market or advertise their project.

If you get an airdrop with criteria like this, of course it will be a pretty good airdrop.
But you need to add about how much Airdrop allocation will be given to the community, if the allocation given turns out to be very small,
there will be a lot of disappointment or even distribution that is not done fairly.

Some projects are able to do good marketing but are very bad when it comes to distributing to the community.

Fake
Lack of transparency
Created the same name of animals or other famous token who became hype
Questionable reputation of the owners
Ask important details or funds to their participants
Everything seems unclear on their project

It's like a memecoin that has been a long hype on the Solana network and even on almost all networks.
Just follow the hype with the name of the animal token etc, do token sales, airdrops etc pretty quickly.

Indeed, some fake airdrops are not obvious and some are just spreading phising links etc.
But regarding what the token and the project are built on, it is not clear at all, it seems to be only an Airdrop Rug Pull.

R


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July 24, 2024, 10:33:08 PM
 #7

The nouse is just too much and knowing what;s worthwhile isn't easy. How do you guys know what's worth hunting?
Real ones show below

Transparency
Real community
Have working product
Could able to spend to market or advertise their project.

Fake

Lack of transparency
Created the same name of animals or other famous token who became hype
Questionable reputation of the owners
Ask important details or funds to their participants
Everything seems unclear on their project
These in general are a good baseline, but i'll add few more and few notes.

About that real community: Especially larger projects have fake copycat communities in telegram and discord that have at least as many members and have sticked topics about airdrops that are fake. Always find the community via official links like trough coingecko or coinmarketcap.

There doesn't need to be a working product though. Some projects take years to build, yet they have airdrops. They might not be profitable airdrops as they don't want to flood the markets with free tokens and when it's a public, pre-announced airdrop, number of airdrop participants render the whole effort worthless for participants.

Advertising volume isn't really everything, but smart advertising for right people is. Depending what they are planning to build, it might not make sense to make huge advertisement campaigns.

Anonymous or pseudonymous team is usually bad in long term. They might try to explain it by saying things like "satoshi was a pseudonym too", but from 999 out of 1000 it's a bad sign.

Coverage by at least one good and established crypto news site or respected influencer. If no one has heard about this public airdrop, there's are good reasons for that, and none of them are good.

You aren't most likely losing anything by skipping something you aren't sure of. So you might as well consider most of them fake. Best airdrops out there are not pre-announced, but they are just rewarding the supporters from the start.

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July 24, 2024, 11:11:20 PM
 #8

The nouse is just too much and knowing what;s worthwhile isn't easy. How do you guys know what's worth hunting?
No definite answer I guess, you'd only know once the airdrop campaign is done whether they would pay their participants or not. Well indeed as others have mentioned you may check the project's website, community, and other updates to lessen the risk of just being scammed but it won't guarantee things still. Does it make airdrops not worthy of our participation? If you don't have the means of investing to a project you are interested with, I think it would still be a good option to try. It is like putting your efforts and time in line to be rewarded. Many projects do still pay but not as big as the rewards before from aidrops however it would still be better to try than to just do nothing at all. Risk is present in anyway when it comes to investments.
Most of the time, you just have to look at the website and check what is stated there. Then go to the social media accounts to confirm by checking who follows them or which platforms they've announced partnerships with. If they are alone and no other reasonable project's media account associates with them, it's either because they are not a reasonable project, not strong, useless, or fake.
What's unfortunate is that some projects are putting so much effort to convince people that they're legitimate but still end up rugging the participants along the way.

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July 24, 2024, 11:30:52 PM
 #9

The nouse is just too much and knowing what;s worthwhile isn't easy. How do you guys know what's worth hunting?

distinguishing between real and fake airdrops seems to be more challenging in crypto, we need to know that we have to check whether it has an official website that we need to apply carefully with detailed information about the project because legitimate projects are more relevant about their team members with the profile and experience shown, Unauthorized airdrops may not have this information, community involvement is very important because it can differentiate active and engaged communities, and looking for reviews and input from other users who have participated in airdrops is very important to know that their involvement tends to leave a trail of negative experiences.

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July 25, 2024, 01:17:07 AM
 #10

The nouse is just too much and knowing what;s worthwhile isn't easy. How do you guys know what's worth hunting?

Like what says by others , it is the transparency that needs to be from their ends to the participants , and also check those who are participating because sometimes there are shillers that the team is payign to make their airdrops looks real.

and besides this is a free participations , if the team is asking for deposits or something that ask for even small amount then best to leave that alone because
for sure they will scam you for all reason .

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July 25, 2024, 03:28:33 AM
 #11

Just find the one with plenty of VC backups and big seed round fund raised and clear token allocation for the community, then you already find out which of airdrop worth doing.

even better if  the airdrop already fulfilled all two requirements above and clearly state that their tasks are incentivized, then they will definitely give airdrop around TGE.

but you still need to know that it's hit and miss, and dev also usually changing around the airdrop allocation sometime even go as far as reducing rewards for the airdrop to certain extent that sometime create chaos within their community.
so never too hopeful of what you gonna get.

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July 26, 2024, 10:06:30 AM
 #12

Just find the one with plenty of VC backups and big seed round fund raised and clear token allocation for the community, then you already find out which of airdrop worth doing.

even better if  the airdrop already fulfilled all two requirements above and clearly state that their tasks are incentivized, then they will definitely give airdrop around TGE.

but you still need to know that it's hit and miss, and dev also usually changing around the airdrop allocation sometime even go as far as reducing rewards for the airdrop to certain extent that sometime create chaos within their community.
so never too hopeful of what you gonna get.

I totally agree. The investors can be big and trustful, the project can be interesting and fun to interact with, and the community can be blooming and helpful, alive with ideas and the desire to go further, but the allocation can be the thing that ruins most people experience with the airdrop, being unfair or unrewarding.

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July 26, 2024, 02:51:52 PM
 #13

You can not be 100% sure about the real ones and sometimes, it's the one that you don't expect to make profit from that is going to give you the profit you don't expect. 

To know  a real airdrop (not 100% tho), you need to follow up the project's update. Do not just keep participating in the airdrop when the project you are promoting is not even showing a sign of growth and they are not developing their project. Follow every information on their social media accounts and also ask questions in their most community.

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July 26, 2024, 08:37:54 PM
 #14

The nouse is just too much and knowing what;s worthwhile isn't easy. How do you guys know what's worth hunting?
For what I can tell, the few people that still devote their time to try to claim airdrops do not even bother to make a distinction between the two, as they know it is simply too hard to actually do so, so they just participate on all the airdrops that they can find and hope for the best, so if you are not prepared to do this, it could be a good thing for you to reconsider this idea you have about participating in airdrops, as in my opinion they are a waste of time.
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July 26, 2024, 11:40:30 PM
 #15

In my opinion, one of the best ways to determine real airdrops is to carry out detailed research on the project. Look out for individuals or organization behind the airdrop who have held successful airdrops in the past, reputation in the society. A well conducted research can help to determine real airdrops from fake ones. Other factors include community participation, the impact of the project on the community, etc. There are numerous factors to consider, In summary, the research will help to minimize the risk of making a wrong choice.

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July 29, 2024, 10:13:36 AM
 #16

The nouse is just too much and knowing what;s worthwhile isn't easy. How do you guys know what's worth hunting?
For what I can tell, the few people that still devote their time to try to claim airdrops do not even bother to make a distinction between the two, as they know it is simply too hard to actually do so, so they just participate on all the airdrops that they can find and hope for the best, so if you are not prepared to do this, it could be a good thing for you to reconsider this idea you have about participating in airdrops, as in my opinion they are a waste of time.

If you are one man - probably, but if you are ready to work towards: being a shiller, having a big base of people listening to you, or a farm of accounts with the automated software prepared - airdrops are still worthwhile to explore! It just became harder for common folk to find good projects and work towards a goal, because the allocation can still play a bad game with anybody at the end of the road.

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