Do you know that there are many tokens that offers nothing but rewards when holding them?
I know that and so many of these coins are garbage coins. These coins are offering dividends for those who have been holding their coins in their wallet. These coins didn't have a utility use case and were created by scammers with bullshit promises. The scammers are using the fund raised from the funding to distribute rewards to the holders just for temporary but scammer will have gone with all of the money after scammer makes the investors feel confident with their shit token. They are always hoping to receive dividends easily.
They most times ends with ---nomics you hold the tokens you get some altcoins in your wallet every 4hrs or so, what is your view on such projects?
If the reward will come from the supply that was already allocated for the community reward that's fine but when it was coming in a different form like a major coin or something else you must be careful with this. The project sounds so shady for me but who knows about that. Always be careful when investing in the shitty coin that offers BS promise like that.