Spamming with worthless tokens, what's the point?

[examplens]

Usually, I don't keep my crypto on Metamask, but as you may know, sometimes projects offer something good. As you may know, there is a new ETH layer2 blockchain named Blast and their website is blast.io, they are offering something good. All you have to do is hold ETH on the Blast network and connect your wallet to their website. It will generate some points that will later convert into their native tokens. So, I was farming their airdrops with this wallet, and the scammer stole all my ETH on that chain. But, never mind. I revoked the connection, and all other networks except Blast and Arbitrum were safe.

I'm sorry for your loss, I hope it's not a significant amount, but I wouldn't blame Metamask for it. I learned a similar expensive lesson earlier, after that only Metamask + hardware (Trezor) wallet.
All airdrops where I have to hold ETH on some network are risky for me and that's an additional reason why I don't want to consider them.

[bitmover]

Usually, I don't keep my crypto on Metamask, but as you may know, sometimes projects offer something good. As you may know, there is a new ETH layer2 blockchain named Blast and their website is blast.io, they are offering something good. All you have to do is hold ETH on the Blast network and connect your wallet to their website. It will generate some points that will later convert into their native tokens. So, I was farming their airdrops with this wallet, and the scammer stole all my ETH on that chain. But, never mind. I revoked the connection, and all other networks except Blast and Arbitrum were safe.

I'm sorry for your loss, I hope it's not a significant amount, but I wouldn't blame Metamask for it. I learned a similar expensive lesson earlier, after that only Metamask + hardware (Trezor) wallet.
All airdrops where I have to hold ETH on some network are risky for me and that's an additional reason why I don't want to consider them.

Airdrops now require that you interact a lot with smartcontracts.
Stake high amounts, high swap volumes etc... you spend lots of money doing those tasks for an unknown airdrop value

[God Of Thunder]

Airdrops now require that you interact a lot with smartcontracts.
Stake high amounts, high swap volumes etc... you spend lots of money doing those tasks for an unknown airdrop value

Well, testnet airdrop tasks require you to cost nothing but your time only by testing their platform. I prefer to participate in the testnet airdrops because they cost only testnet tokens. If it's a Layer 2 blockchain, then most of them require me to spend some gas fees on sepia, base, or other testnet ETH to participate in their test net. Some testnet requires tBTC to participate in their testnet.

As for staking and swapping volumes, yeah. Some platforms offer airdrops like that, but they are already on the mainnet. I do not prefer participating in such airdrops. But if a platform does not require staking but just holding an amount on a specific chain, then it's an awesome opportunity, right? The latest ETH layer two blockchains, Blast.io, is offering something good.

[milewilda]

Airdrops now require that you interact a lot with smartcontracts.
Stake high amounts, high swap volumes etc... you spend lots of money doing those tasks for an unknown airdrop value

Well, testnet airdrop tasks require you to cost nothing but your time only by testing their platform. I prefer to participate in the testnet airdrops because they cost only testnet tokens. If it's a Layer 2 blockchain, then most of them require me to spend some gas fees on sepia, base, or other testnet ETH to participate in their test net. Some testnet requires tBTC to participate in their testnet.

As for staking and swapping volumes, yeah. Some platforms offer airdrops like that, but they are already on the mainnet. I do not prefer participating in such airdrops. But if a platform does not require staking but just holding an amount on a specific chain, then it's an awesome opportunity, right? The latest ETH layer two blockchains, Blast.io, is offering something good.

Testnets most of the time would be needing up some testnet gas which you could make use of Ex. Sepolia ETH if we are really that basing up on erc20 type projects
and so forth. The thing i do skip out on dealing with those airdrops is on the time that you would be making some tx volume on the network on which it is really needing up some
gas on which it would really be still that costly if you do ask me. So its not really that not all would really be able to freely join up these drops due to this kind of
arrangement on which it turns out that you would be still needing to invest or put up some funds for gas fees.

[Cryptsafe]

Usually, I don't keep my crypto on Metamask, but as you may know, sometimes projects offer something good. As you may know, there is a new ETH layer2 blockchain named Blast and their website is blast.io, they are offering something good. All you have to do is hold ETH on the Blast network and connect your wallet to their website. It will generate some points that will later convert into their native tokens. So, I was farming their airdrops with this wallet, and the scammer stole all my ETH on that chain. But, never mind. I revoked the connection, and all other networks except Blast and Arbitrum were safe.

I'm sorry for your loss, I hope it's not a significant amount, but I wouldn't blame Metamask for it. I learned a similar expensive lesson earlier, after that only Metamask + hardware (Trezor) wallet.
All airdrops where I have to hold ETH on some network are risky for me and that's an additional reason why I don't want to consider them.

Airdrops now require that you interact a lot with smartcontracts.
Stake high amounts, high swap volumes etc... you spend lots of money doing those tasks for an unknown airdrop value

That is the current trend now. Most airdrops wants their participants to enteract with their smart contract and possibly do a review of their experience with them and in return they would airdrop their token to that particular wallet address you use in the test. Most times too it is staking as you have said but I have not done that for airdrop purpose but rather I do swapping to see foe myself what would happen so I can give a review of my experience while interacting with their smart contract. I try as much as possible not to spend too much while conducting test as the value of the project is yet to be ascertained.

[KingsDen]

The address from which it was sent is labelled as Fake_Phishing3312



If it's a type of scam, how is it realized?

I have actually learnt alot from this thread. There are alot more ways of phishing these days. The scammers are being smarter which is why newbies fall most times. Unless the newbies come to the realisation that there's no free money anywhere, they'll keep falling for this cheap phishing scams.

Another reason I feel they can send random coins which I haven't read anyone said is to make their address belong in your system. Such that you could mistakenly send coins to them without verifying well. You may think it is difficult to happen, but it does happen. All they need do is to make their address to be in your neighborhood and expect some wonders to happen.

[examplens]

Another reason I feel they can send random coins which I haven't read anyone said is to make their address because in your system. Such that you could mistakenly send coins to them without verifying well. You may think it is difficult to happen, but it does happen. All they need do is to make their address to be in your neighborhood and expect some wonders to happen.

I remember that earlier you had to manually add the contract address and token name to the wallet in order for a new token to be visible. At least on the Ethereum network. From this angle, it seems much safer.

[RidwanMalik]

Sadly scammers lure people into this, pople thinking that they got a valuable NFT or worthless token, sometimes it shows 500$ worth of tokens, when in reality, it's not. And so I got bunch of them, and I really don't know what to do with them. If anyone here could suggest how do I remove those junkies?

[KingsDen]

Sadly scammers lure people into this, pople thinking that they got a valuable NFT or worthless token, sometimes it shows 500$ worth of tokens, when in reality, it's not. And so I got bunch of them, and I really don't know what to do with them. If anyone here could suggest how do I remove those junkies?

It depends on the wallet you use. That kind of thing is eminent in Trust wallet not until they announced that they have upgraded and those random coins will no longer appear in your portfolio. So, check wallets that are more secured or that have upgraded their security patch.

@Examplens, automation is taking over.

[Wiwo]

Sadly scammers lure people into this, pople thinking that they got a valuable NFT or worthless token, sometimes it shows 500$ worth of tokens, when in reality, it's not. And so I got bunch of them, and I really don't know what to do with them. If anyone here could suggest how do I remove those junkies?

It depends on the wallet you use. That kind of thing is eminent in Trust wallet not until they announced that they have upgraded and those random coins will no longer appear in your portfolio. So, check wallets that are more secured or that have upgraded their security patch.

@Examplens, automation is taking over.

Yes trust wallet is one of the wallets I expirenced such random coins deposits and Some point also I acknowledged the fact that my wallet was exposed due to bounty application since most spammers can easily get hold of your emails or wallet from those bounty spreadsheets.

But the fact that it never worth anything, when I saw that ops mentioned $500 worth wallet displays and that could not be the exact value of those coins on exchange.

[examplens]

Well, The Trezor suite has recently started to blur with warning trash tokens. Now I looked at my one previously used Eth address, which was littered with trash tokens. Now it looks like



Also clicking on the warning icon



https://trezor.io/support/a/address-poisoning-attacks

[bitmover]

Well, The Trezor suite has recently started to blur with warning trash tokens. Now I looked at my one previously used Eth address, which was littered with trash tokens. Now it looks like



Also clicking on the warning icon



https://trezor.io/support/a/address-poisoning-attacks

This is good.

Etherscan.io also does something similar

It marks tokens as "suspicious ". For example

https://etherscan.io/token/0x0dbda0828805a6d8c60cc9dd7525d1c0a529a2e4?a=0x72511f1b6bc822aa8c9cee47a86544f4a182d8f4

[Abeo]

These are fake coins scammers send them to you in the hope that to sell them you will search on Google and on social media and will find sites that belong to them and they hope that you will connect your wallet to the site to sell them and in result, those sites hack your wallet and can get your funds out of the wallet and doom you. It's better to ignore them.

[TomPluz]

Airdrops now require that you interact a lot with smartcontracts. Stake high amounts, high swap volumes etc... you spend lots of money doing those tasks for an unknown airdrop value...

And that can be the reason why I already avoided airdrops of those types and is now preferring the tap-tap projects still with the hope that some of them will eventually make it to the top...though on the same level nothing is guarantee as many of them are just not offering solid features the market can surely appreciate. Just like memecoins, the value is on the community supporting the project...the bigger the better with many not offering anything else. I can sense that many of these projects are just here for the MONEY and nothing more...and hopefully airdrop participants can get some breadcumbs along the way. And people are promoting even bad projects even spamming everywhere all because we are looking forward to get something for free...anyway good luck to all of us who are still hopeful to get something of our time and effort.

[Yamane_Keto]

These are fake coins scammers send them to you in the hope that to sell them you will search on Google and on social media and will find sites that belong to them and they hope that you will connect your wallet to the site to sell them and in result, those sites hack your wallet and can get your funds out of the wallet and doom you. It's better to ignore them.

Or scam exchange that tell you to send more of your personal data, such as your passport, or that it has very low liquidity so that you cannot sell these tokens. The best thing you can do is not to link your wallet to any service and make a traditional deposit instead of linking the wallet.