Post
Topic
Board Altcoin Discussion
Re: How do you make sure an airdrop is a legit one?
by
TastyChillySauce00
on 28/09/2024, 02:31:39 UTC
It is true that it is difficult to distinguish between legitimate and illegitimate airdrops, although learning from experience it is difficult to distinguish between them, because the development of the era and technology which may be much more advanced, so that fraud in airdrops that is carried out is more difficult to detect as if it looks legitimate.

distinguishing between legitimate and illegitimate airdrops is as easy as knowing who backed the project, if the project is invested by high tier venture capital, you can almost be sure it will never scam, a project backed by binance labs or coinbase venture aren't gonna scam anyone. although it also means you're playing the VC game, but it's certainly better than risking your money in some nobody project with high risk of rug pull or scam.

so far there has been plenty of project being supported by these big investors already, try to look at dropstab's funding round page you will find many projects that recently raised some money from VC and angels.