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There is a wide range of users on the net who abuse drops. The following scheme is hidden under this strange name:
Any cryptocurrency begins its life with advertising and distribution on the network, and its further fate directly depends on this. In 2017, according to the Smith + Crown analytical group, an average of 2.7 projects per week of new cryptocurrencies arose. Along with hundreds of projects attracting from several hundred thousand to several million dollars, companies are entering the market, the placements of which have attracted hundreds of millions of dollars. For example, Status Research & Development GmbH, Switzerland, has placed Status Network Tokens (SNT) in the amount of $ 95 million, and EOS and Bancor tokens have become even more successful.
People make money on special campaigns, ICOs, organized by various companies in order to promote and popularize their brand. Bounty Reward translates as "reward", "gift", "encouragement". This is an award given by a cryptocurrency project to those people who are ready to take certain actions to promote it. The reward, as a rule, is paid in those coins that are sold at this ICO.
If you are interested in making money on cryptocurrency (tokens), but do not have start-up capital, then the Airdrop and Bounty program will suit you! During the ICO - a preliminary fundraising for the release of a new token of the company, the developers are interested in promoting their product and reserve part of the coins for rewards to the participants.
Airdrop (airdrop, drop) - free distribution of coins (tokens) from developers, sometimes, as a token of gratitude, the developer may ask to leave a comment about the project on the forum or something else, but does not require special investment of time and effort. Why should a developer give away coins for free? - the answer is simple - this is the cheapest and at the same time effective advertising, the project becomes popular, and everyone who wants to get a little freebie instantly spreads information over the network. In addition, the developer usually leaves about 5-10% of the tokens on the project wallet.
Bounty - distribution of coins (tokens) for the work done, namely for activity on social networks (posts, likes, retweets), helping the project in the form of translating information into other languages, maintaining topics on forums, moderating chats, etc. If the airdrop takes a little time (usually filling out the form and waiting for the reward), then the bounty program can last several months, but the reward is usually longer. Moreover, it is always pleasant to become a participant in a good project.
Let's talk about profit
For example, if you participated in the bounty at the launch of Ethereum (2014) and earned 1000 ETH without investments, then by exchanging at today's rate (July 2019, 1 ETH is +/- $ 200), you would put $ 200,000 in your pocket. Or you would go to trade this money on a crypto exchange in order to have a regular income. By the way, back in January 2017, Ethereum cost 10 bucks per coin, and in the new year 2018 it reached $ 1000!
Today, the topic of Bounty and Airdrop is quite widely developed, dozens of projects are published every day, and if you need to take into account many factors (idea, feasibility, time, requirements and much more) to choose a project with a bounty, then a project with an airdrop does not take much time. With the daily registration of orders for airdrops, by the end of the month you will have many different tokens (coins), some of them may already be traded on some exchanges and will cost some money, others will go to exchanges later or not at all. When receiving coins, it is not always worth selling them, perhaps a little later they will cost several times more. For example, the recent eBTC project at the start of the airdrop cost about $ 120, and in a day it was possible to pick up $ 1,600. Other projects on "e-" brought participants from $ 30 or more.
In general, if we talk about the profitability of this kind of activity, then we can safely say that it will be enough to "support the pants" , subject to the minimum waste of time. You should also understand that this is NOT such a stable income as a salary, and the ability to "hit the jackpot" in most cases lies with you.
To make money, I recommend creating separate accounts:
How to identify worthwhile and relevant airdrops
Where to find high-quality cryptocurrency airdrops, how to distinguish between scams and standing drops, what characteristics do they have, and also where to look for normal distribution of virtual assets?
Quality airdrop. What is he
If you do not have money to purchase top crypto assets, or to buy promising virtual currencies, well, or if you just want to get a free crypt, which may well show x2, x3 or more, then to get really promising coins or tokens, you need to choose projects more thoroughly.
This will give you the opportunity to minimize the time spent on participating in the drop, and also increase the chance of getting a valuable asset.
Quality drops have a number of important defining characteristics, including:
Airdrop scams. How to protect yourself
Here I will try to be as brief as possible.
Drops-scams are fundamentally different from high-quality giveaways in that they have the opposite, that is, there is no clear-cut technological framework, no transparent team, no intelligible strategy for using a coin or token in the project's ecosystem.
And sites (or groups, telegram channels, blogs) are made very clumsily, plus the price for 1 token can be too high.
But the most important indicator of the scam is that within the framework of the Airdrop, users are also offered to buy tokens at a very tempting price, promising mountains of gold. Basically, such offers are open, outright fraud, and the main goal of such "developers" is to lure money out of users, but in return they do not provide anything, or candy wrappers that will never go to the exchange and will cost nothing.
Where to find standing airdrops
I asked this question almost immediately, as soon as I began to delve more seriously into this topic.
In the beginning, I took part in all, without exception, drops that I only came across. 70 or even 80% of these turned out to be a typical scam, since the coins did not come to the MEW wallet and therefore the time was wasted.
Then I began to more scrupulously study sites and other resources on which normal drops appeared and which I can now recommend to you.
Here is the list itself:
Remember that you should only participate in normal high-quality projects in order to minimize risks.
Yes, crypto is back on the hype, but why buy it if you can get everything for free?
You need to learn how to deal with coin giveaways. It is necessary to follow the announcements of different cryptocurrencies and monitor airdrops.
A special site will help us with this: airdropalert, in addition to it, you can search for thematic channels and groups in FB / VK / TG, but even using only the site we can have a fairly good profit.
GETTING STARTED
Let's say we found an airdrop, then go to the conditions for receiving coins.
At this stage, you should be extremely careful. We need to look for coins and conditions for obtaining, which will allow us to fraud them, or to get the maximum benefit from the release of the crypt itself. To begin with, I will explain what conditions do not suit us, then we will consider those that will be just right.
Verification using documents is not suitable for us, verification using Facebook, Twitter, Instagram, these social networks are not very suitable for fraud due to the fact that new regions are not suitable for us, and buying accounts will not always be profitable. An absolute plus in our business will be the presence of accounts in all of the above resources.
Suitable for us if verification is required by number, by TG. To muddy the number, it's easier than easy!
You can do this by following simple instructions:
1. Downloading the IT PHONE application to your phone
2. Next, we register by mail in the application.
3. After registration, go to settings = Online connection
Extended currency description, service function
Based on this data, we can decide whether a coin is promising or not. It is quite simple to do this, it is important that there are not too many coins, the penny at the start should not be equal to the cue ball (This is a scam).
Often we will be able to calmly fraud the distribution of free crypts using vpn and services that will help us with verification. A good vpn is nord, after you have registered 1akk, change the ip, create a new mail and register a new account in the project.
You are now able to customize the airdrop for you.
Here are the axle boxes, then all that is needed for the money to flow into your hands is simply to put ads on them and wait for traffic. There are tons of guides on how to do this on the Internet. I gave you information, now it's up to you.
For useful developments.
It is worth keeping a table "Eksel", in which you will record the site and your accounts. It is also worth keeping a record of your crypt, keep a notebook where you will write down all your wealth. In the future, if you want, you can join the trend. Monitor the release dates of your coins on exchanges and keep track of their prices.
Important tips for converting crypto into human money. So, after entering the exchange, our coin went up, in which case it is worth dumping 60% of your bank, after you see a 10-15% increase in the currency price. But, if you see what goes down, drain 70% at once, the next point is the same in any case. Another 20 should be withdrawn after + 50% (merge after -10% so as not to go into negative territory). The remaining 20% of any currency, I advise you to leave for a long time, no one knows how, this or that coin will shoot. A referral system will be a pleasant bonus, most projects allow motivated traffic, which means that by placing your link in a good place, you will get a good liability.
If the topic is interesting, then write in comments and we will post data on promising ICOs as soon as they appear.
Any cryptocurrency begins its life with advertising and distribution on the network, and its further fate directly depends on this. In 2017, according to the Smith + Crown analytical group, an average of 2.7 projects per week of new cryptocurrencies arose. Along with hundreds of projects attracting from several hundred thousand to several million dollars, companies are entering the market, the placements of which have attracted hundreds of millions of dollars. For example, Status Research & Development GmbH, Switzerland, has placed Status Network Tokens (SNT) in the amount of $ 95 million, and EOS and Bancor tokens have become even more successful.
People make money on special campaigns, ICOs, organized by various companies in order to promote and popularize their brand. Bounty Reward translates as "reward", "gift", "encouragement". This is an award given by a cryptocurrency project to those people who are ready to take certain actions to promote it. The reward, as a rule, is paid in those coins that are sold at this ICO.
If you are interested in making money on cryptocurrency (tokens), but do not have start-up capital, then the Airdrop and Bounty program will suit you! During the ICO - a preliminary fundraising for the release of a new token of the company, the developers are interested in promoting their product and reserve part of the coins for rewards to the participants.
Airdrop (airdrop, drop) - free distribution of coins (tokens) from developers, sometimes, as a token of gratitude, the developer may ask to leave a comment about the project on the forum or something else, but does not require special investment of time and effort. Why should a developer give away coins for free? - the answer is simple - this is the cheapest and at the same time effective advertising, the project becomes popular, and everyone who wants to get a little freebie instantly spreads information over the network. In addition, the developer usually leaves about 5-10% of the tokens on the project wallet.
Bounty - distribution of coins (tokens) for the work done, namely for activity on social networks (posts, likes, retweets), helping the project in the form of translating information into other languages, maintaining topics on forums, moderating chats, etc. If the airdrop takes a little time (usually filling out the form and waiting for the reward), then the bounty program can last several months, but the reward is usually longer. Moreover, it is always pleasant to become a participant in a good project.
Let's talk about profit
For example, if you participated in the bounty at the launch of Ethereum (2014) and earned 1000 ETH without investments, then by exchanging at today's rate (July 2019, 1 ETH is +/- $ 200), you would put $ 200,000 in your pocket. Or you would go to trade this money on a crypto exchange in order to have a regular income. By the way, back in January 2017, Ethereum cost 10 bucks per coin, and in the new year 2018 it reached $ 1000!
Today, the topic of Bounty and Airdrop is quite widely developed, dozens of projects are published every day, and if you need to take into account many factors (idea, feasibility, time, requirements and much more) to choose a project with a bounty, then a project with an airdrop does not take much time. With the daily registration of orders for airdrops, by the end of the month you will have many different tokens (coins), some of them may already be traded on some exchanges and will cost some money, others will go to exchanges later or not at all. When receiving coins, it is not always worth selling them, perhaps a little later they will cost several times more. For example, the recent eBTC project at the start of the airdrop cost about $ 120, and in a day it was possible to pick up $ 1,600. Other projects on "e-" brought participants from $ 30 or more.
In general, if we talk about the profitability of this kind of activity, then we can safely say that it will be enough to "support the pants" , subject to the minimum waste of time. You should also understand that this is NOT such a stable income as a salary, and the ability to "hit the jackpot" in most cases lies with you.
To make money, I recommend creating separate accounts:
- Email, preferably at https://gmail.com;
- The following wallets: ETH - MEW (ERC20) (https://myetherwallet.com);
- Accounts in the following social networks (preferably with the provided indicators)
- Facebook (https://facebook.com/);
- Twitter (https://twitter.com/);
- Bitcointalk account (https://bitcointalk.org/);
How to identify worthwhile and relevant airdrops
Where to find high-quality cryptocurrency airdrops, how to distinguish between scams and standing drops, what characteristics do they have, and also where to look for normal distribution of virtual assets?
Quality airdrop. What is he
If you do not have money to purchase top crypto assets, or to buy promising virtual currencies, well, or if you just want to get a free crypt, which may well show x2, x3 or more, then to get really promising coins or tokens, you need to choose projects more thoroughly.
This will give you the opportunity to minimize the time spent on participating in the drop, and also increase the chance of getting a valuable asset.
Quality drops have a number of important defining characteristics, including:
- The presence of a technological component in a startup (a ready or almost finished initial product, that is, an MVP, an indication of the scope of its application, an idea).
- A transparent team of project developers (it is important that the specialists who develop the ICO and conduct the Airdrop have real accounts on social networks and preferably experience with the blockchain).
- The convenience of the drop functionality, as well as a large number of tasks, by completing which you can receive a reward in the form of the project's cryptocurrency (not only registering on the site, filling out a form and confirming mail, but also working with social networks, for example, likes, reposts, comments, technical assistance, transfers and so on, although this still more refers to the Bounty program).
- The token that is distributed at the airdrop stage must support the popular ERC-20 (etheric) standard, or NEO. These are the most popular platforms that support the virtual assets of young startups.
- If the drop is carried out exclusively on a specialized site, then such a resource should be as secure and secure as possible (SSL certificate, two-level or more protection, and so on).
- The presence of KYC (client verification), which must be present if you have a standing project in front of you.
Airdrop scams. How to protect yourself
Here I will try to be as brief as possible.
Drops-scams are fundamentally different from high-quality giveaways in that they have the opposite, that is, there is no clear-cut technological framework, no transparent team, no intelligible strategy for using a coin or token in the project's ecosystem.
And sites (or groups, telegram channels, blogs) are made very clumsily, plus the price for 1 token can be too high.
But the most important indicator of the scam is that within the framework of the Airdrop, users are also offered to buy tokens at a very tempting price, promising mountains of gold. Basically, such offers are open, outright fraud, and the main goal of such "developers" is to lure money out of users, but in return they do not provide anything, or candy wrappers that will never go to the exchange and will cost nothing.
Where to find standing airdrops
I asked this question almost immediately, as soon as I began to delve more seriously into this topic.
In the beginning, I took part in all, without exception, drops that I only came across. 70 or even 80% of these turned out to be a typical scam, since the coins did not come to the MEW wallet and therefore the time was wasted.
Then I began to more scrupulously study sites and other resources on which normal drops appeared and which I can now recommend to you.
Here is the list itself:
- specialized platforms (for example, websites such as airdropking.io, airdropalert.com, and many others);
- regular blogs of crypto enthusiasts, which you can also find on the net;
- ICO quality monitoring sites (there is information about free giveaways of coins or tokens; such sites include icobench.com, icorating.com, and so on);
- channels about cryptocurrency, ICO and airdrops on YouTube;
- channels in the Telegram messenger (there are so many of them that even if you just enter Airdrop, the system will give you a bunch of results).
Remember that you should only participate in normal high-quality projects in order to minimize risks.
Yes, crypto is back on the hype, but why buy it if you can get everything for free?
You need to learn how to deal with coin giveaways. It is necessary to follow the announcements of different cryptocurrencies and monitor airdrops.
A special site will help us with this: airdropalert, in addition to it, you can search for thematic channels and groups in FB / VK / TG, but even using only the site we can have a fairly good profit.
GETTING STARTED
Let's say we found an airdrop, then go to the conditions for receiving coins.
At this stage, you should be extremely careful. We need to look for coins and conditions for obtaining, which will allow us to fraud them, or to get the maximum benefit from the release of the crypt itself. To begin with, I will explain what conditions do not suit us, then we will consider those that will be just right.
Verification using documents is not suitable for us, verification using Facebook, Twitter, Instagram, these social networks are not very suitable for fraud due to the fact that new regions are not suitable for us, and buying accounts will not always be profitable. An absolute plus in our business will be the presence of accounts in all of the above resources.
Suitable for us if verification is required by number, by TG. To muddy the number, it's easier than easy!
You can do this by following simple instructions:
1. Downloading the IT PHONE application to your phone
2. Next, we register by mail in the application.
3. After registration, go to settings = Online connection
Extended currency description, service function
Based on this data, we can decide whether a coin is promising or not. It is quite simple to do this, it is important that there are not too many coins, the penny at the start should not be equal to the cue ball (This is a scam).
Often we will be able to calmly fraud the distribution of free crypts using vpn and services that will help us with verification. A good vpn is nord, after you have registered 1akk, change the ip, create a new mail and register a new account in the project.
You are now able to customize the airdrop for you.
Here are the axle boxes, then all that is needed for the money to flow into your hands is simply to put ads on them and wait for traffic. There are tons of guides on how to do this on the Internet. I gave you information, now it's up to you.
For useful developments.
It is worth keeping a table "Eksel", in which you will record the site and your accounts. It is also worth keeping a record of your crypt, keep a notebook where you will write down all your wealth. In the future, if you want, you can join the trend. Monitor the release dates of your coins on exchanges and keep track of their prices.
Important tips for converting crypto into human money. So, after entering the exchange, our coin went up, in which case it is worth dumping 60% of your bank, after you see a 10-15% increase in the currency price. But, if you see what goes down, drain 70% at once, the next point is the same in any case. Another 20 should be withdrawn after + 50% (merge after -10% so as not to go into negative territory). The remaining 20% of any currency, I advise you to leave for a long time, no one knows how, this or that coin will shoot. A referral system will be a pleasant bonus, most projects allow motivated traffic, which means that by placing your link in a good place, you will get a good liability.
If the topic is interesting, then write in comments and we will post data on promising ICOs as soon as they appear.
