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RE: erc-20 airdrops, how to get them. But do not buy them.

in #ethereum7 years ago (edited)

In the old days when ethereum was much cheaper, you would at least get tokens-even if they were garbage. Sadly since I posted this a lot of fake ones have come out, many of them pretending to be existing projects. That is why it is important to never send donations, and of course never send private keys. It is getting to be a pain in the butt to do the research to determine which are legit or not, and a pain to find something worth the effort of filling out a form.

If they say there is an ICO (and of course, I don't recommend buying-cause there are many scams there too), you may want to google the project actually doing an ICO. Go to their webpage and and their official twitter or telegram channels and see if they are actually doing an air drop, and get the official links if they are doing them. As already said there are many fraudsters pretending to be these coins. As you said it gets to be a complete waste of our time and why I slowed down filling them out significantly. There are still some promising airdrops out there, but the good ole days are over. That said, bob's repair may start doing a referral initiative on the 12th of march that may be worth looking into. https://t.me/Bobtoken .

We will announce this on March 12ish. Airdrop and referral program details.

I too am cautious about the ones that exists just on a webpage that have started to spring up, and I will often skip those or throw in a dummy password; They are probably just hoping to hack peoples real life accounts.

I also see that many of the air drops I am receiving are like 1-5 coins. It is mostly psychology that has us believing it is a small amount, even insulting. Though I wouldn't mind having 5 bitcoins. The idea of a decimal is artificial, these are all great big integer numbers to get rid of many problems with decimal numbers-just the develop decided to say after so many digits to basically make it appear as if there is a decimal for readability. if 2000 tokens were issued but was assigned to have 3 decimal places, it would look like only 2 tokens. On the other hand is 2000 tokens were issued but as assigned to have 2 decimal places, it would make it look like there was 20 tokens created. Likewise we would typically say there were 2 and 20 tokens respectfully when at the raw data level they are the same. But what ultimately matters is percent ownership. 2 tokens out of 1000 issued, is the same thing as 2000 tokens out of 1000000 issued. Receiving 2 tokens again may seem insulting, but it is psychology. I think within the top 10 air drops I recieved, I recieved 19 of one token-coinmarketcap list it at just above $7 a coin. But I don't think I have seen a good air drop since December.

As far as the delays. There are two projects I am somewhat hopeful for that have been delayed for months. One (bob's repair) has John Macafee somewhere on the project. They distributed a promo token back in december, and somehow there is a conversion to the real tokens I think i read in April (originally march). Another was a project started last year. It got delayed as they had to do some legal research in which many people thought they were a scam, meanwhile the individual size of the air drop increased for the daily visitors. They completed their legal research, launched their ICO, and basically waiting for them to air drop.

Anyways sometimes when you take a break from doing the forms, you will still see you get random airdrops. This is just evidence that some air drops are not delivered as quickly as we would like.