[GUIDE] What are Crypto Airdrops?

[joniboini]

If the fee is considered quite high, even more than 5$, this will be very suspicious, right? Therefore, we as airdrop hunters also have to consider the pluses and minuses, and the possibilities of whether this is a scam or not.

Does airdrop that explicitly asks for a fee still exist? As far as my experience goes, most of them have pivoted to fees farming as mentioned above, or locking your tokens for some period of time before you can withdraw it again. At least that's how it goes with layer-2 airdrop, while NFTs airdrop requires you to mint some NFT and so on. I don't think scammers will use this $5 paid upfront technique nowadays since it won't be as effective as before.

[Aanuoluwatofunmi]

Airdrops are aimed or targeted to give us little idea on how we could earn little by little incentives, make transactions and use the crypto network effectively, they are sometimes given as free distributions for some of its participants, but of recently, people are no more interested in running after them as much are scam and not rewarding as before, so its only advised that newbies should take opportunities of learning from some of these airdrops and earn free rewards to have a start with.

[Dr.Bitcoin_Strange]

If the fee is considered quite high, even more than 5$, this will be very suspicious, right? Therefore, we as airdrop hunters also have to consider the pluses and minuses, and the possibilities of whether this is a scam or not.

Does airdrop that explicitly asks for a fee still exist? As far as my experience goes, most of them have pivoted to fees farming as mentioned above, or locking your tokens for some period of time before you can withdraw it again. At least that's how it goes with layer-2 airdrop, while NFTs airdrop requires you to mint some NFT and so on. I don't think scammers will use this $5 paid upfront technique nowadays since it won't be as effective as before.

You're absolutely right, airdrops has indeed evolved beyond the explicit fee model, and so have scammers also evolved and have adapted their tactics.

Phishing airdrops are the most common model for scammers right now, they'll create fake airdrops that actual copies the look and features of a real one, they often use this to steal users assets as well as some sensitive informations.