Can we identify a legit airdrop ? (cryptocurrency world)

in #steemitpowerupph7 years ago (edited)

IMG_20180426_180527.jpg

Theres so many incoming free airdrop that we can find on twitter and telegram.
But commonly most of us receive a what we call
Shit coin.

A coin that can never been trade, a coin that waste of time.

Many possible ideas and basis if its legit or not because we can do research at the same time focused to read their whitepaper and roadmap.Then tried to joined the telegram because a lot of information and asking question will be answer as long as you are in active.Many things would be considered and we take a look that it is our decission making.And we have free to joined an ICO so choosed what is the best for you for the success ICO.

Some of us basically can’t tell if it’s legit before hand. It’s normally much quicker to just go for it and if it’s legit it should payout. Nevertheless it’s the subscription process you need to pay attention to. If it requires you to give them info which you are not comfortable with, give it a pass. It private keys are demanded then no go. If you are required to create an account on a given website then consider if it’s worth while.

Lately airdrops are of all sorts: some offer a reasonable amount of tokens, while some are down to just one or two tokens/coins. Others look more like a traditional bounty campaign than an airdrop, requesting multiple tasks to be performed.

Airdrop is a simple opportunity to gain small or high profit so sometimes there are many scam or fake airdrops spreading all over the community. How to avoid fake airdrop? You can access the contract address of that coin in etherscan.io then check if the supply is legit and can airdrop hundreds of people. Then you should check the roadmap of the project for you tell and determine the reason why theyre implementing such airdrops.
You can also check if an airdrop has WEBSITE on which you can see the full information included on it.

Always remember
Before interacting with any new cryptocurrency. it is always essential that you do your research and believe in the vision behind the technology. Keep an eye out for scams and remember that a legitimate project has no reason to ask your private information. Airdrops can be an exciting way to learn more about project, and may even be your next big investment. just make sure to be smart about your involvements, and always go the extra mile to keep your data safe.

Sort:  

thank you @cliff79 for the info im newbie in airdrop.thank you so much

Welcome bro

A legit airdrop goes hand in hand with bitcointalk.org, there you can check the dev's and the ambassadors post, it's a must to engage in their forums to get updated with events.upvoted!

Thanks sir for the comment.

Congratulations ! Done Free Resteem !! This post received a free Resteem to all my followers (+2300 followers) Send 1 SBD / STEEM for upvote from @SRL-ZONE as the memo : REGISTER SRL-ZONE , or if you are a steemauto user you can follow us on https://steemauto.com/dash.php?trail=srl-zone&i=1 , Get your free Resteem NOW! Just follow @asrizal

Truth, I joined many ICO such wxec and ATS, we can find out if their legit or not, we can find them on bitcointalk if their legit, or some well known thread.

Coin Marketplace

STEEM 0.20
TRX 0.25
JST 0.038
BTC 96656.73
ETH 3341.70
USDT 1.00
SBD 3.20