📌 2 Ways To know If An Airdrop Is potentially Legit or Scam

[Uhochi]

With so many airdrop projects popping up on a daily basis, it can be frustrating to differentiate the legit ones from scans.  But here are two ways I use to gauge the potential legit ness of an airdrop:

1. Twitter Verification: Whenever I see a project I rush to their twitter handle to check if their account is verified. If it's not, no problem, it may indicate they're still building their presence and working on verification soon.

 So I give them time to build their account but number 2 has to be in check no matter the timeframe they just started with the project because legit people has to be with the project from day 1.

2. Followers and Following: I look out for the accounts following the project, if about the first 5 of the followers are big, credible and verified it's a sign. I also observe if these people have mentioned the Airdrop project in any post or made a post about it.

Also I check their follower count, engagement on twitter, and content of the accounts. Then I look at the accounts the project is following and I repeat my research. Are they big, credible and popular in the crypto space?  Have they made any posts or mentioned the project before?

For a start this will give me an edge to make a decision whether to invest my time and resources in the project or let go. 

How do you determine if a project is potentially legit or scam?

[Adbitco]

I don't need to read all what you said but from two things you picked it shows that you are still lacking experience and if you are only judging by twitter verification and follower/following then you would still end up joining fake airdrops or easily being scammed.

What you must know is that twitter verification tags or checks tags are easily bought, if you paid your profile would be verified as quickly as possible. Are you talking about followers/following? Well, this can also be bought as well and sometimes bots are easily filled up on a profile where by you would feels that the account is legitimately from the project.

However, if you are also thinking of creation year I will tell you that project do buy twitter account that has lasted for about 2 to 3 years and above after which they would edit the profile to their project and everything were you would be convinced to be original account from onset.

The thing is you can't fetched out fake scam airdrops, except for those that asked people to connect wallet or pay some specific fee and claim rewards these are signs that they are scam. Most people ended up falling for such scam were they would send fee, after which they would say the fee isn't enough to make withdrawal then they would asked to send another fee to withdraw, with this method the airdrop would keep milking their participants for their ignorance. I have felt flat for such scam and I believe others has same experience as well.