[Beginner Course] Steemit Crypto Academy Season 3 Week 3 | Airdrop - Giveaway In Cryptocurrency from @wahyunahrul submitted by @beautybb 13/7/21

in SteemitCryptoAcademy3 years ago
         Questions 

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  1. What do you think about Airdrop in cryptocurrency?

  2. How can we know about an Airdrop event so that we can participate?

3)Where are Airdrop events often held?

  1. Are all Airdrop events free from scams? Otherwise, how can we avoid the scam?

  2. Have you ever participated in a cryptocurrency Airdrop event? If so, then explain. Meanwhile, if you have never participated but have heard of the Airdrop event, then explain it. (Show proof with screenshot)

6). Give and explain an example of an Airdrop event that has passed and the airdrop was successful. Then give one more example that has been proven to be a fraud. (It is not allowed to take the example that has been taken in question number 5).

7). Look for examples of ongoing Airdrop events, make an analysis that proves that the Airdrop of your choice is good. (Screenshot required).

8). Explain the steps to participate in the Airdrop of your choice. (Screenshot required).

What do you think about Airdrop in cryptocurrency?

Firstly Airdrop is a token of a new coin to traders for free.

Airdrop is mostly for startups and it creates awareness about the new coin and promote it thereby attracting new traders or investors.

How can we know about an Airdrop event so that we can participate?

There are three ways to know about airdrop events so as to participate,

Get to know the project;

  • We need to understand what the airdrop is all about.
  • How useful it will be.
  • Who are the organizers.
  • The purpose for such airdrop.
  • Why the airdrop was created.

Learn airdrop developer track record;

Before participating in an airdrop event,there is a vital need for deep research to get an accurate record of the organizer,this will help to get some points like,

  • How reliable the owner is.

  • If hes a scammer,that has harmed people.

  • How experienced he is.

  • How long he has been on cryptocurrency world.

    All this will give clear verification about the airdrop event before participation.

Read the rules;

Every airdrop should have rules and regulations,going through the rules will help us understand the airdrop regulations,and we will know the adjustment we need to make in our plans of participating.

Where are Airdrop events often held?

Airdrops are being held in different forms,some are in a standard form that requires registering with email address and name.

Airdrops are also held in snapshot method where there is an organized token everyone will get after following the rules of the organizer.

Some are held in social media,like telegram,one earns an airdrop by joining the telegram group and copy the links and invite people on Facebook and watspp to participate in the airdrop event.

Are all Airdrop events free from scams? Otherwise, how can we avoid the scam?

All Airdrop events are not free from scam,but there are ways to avoid scam.

Firstly we should be careful on giving out our data informations on any unconfirmed website.

Our private keys are important keys that protects our cryptocurrency accounts,we should not give it out to anyone.

Some referral codes are dangerous because they lead to exposure of our data informations.

In conclusion when we make deep research about an airdrop,get a full content of the project, this will save us from scammers and we will be certain about the airdrop event we want to participate.

Have you ever participated in a cryptocurrency Airdrop event? If so, then explain. Meanwhile, if you have never participated but have heard of the Airdrop event, then explain it. (Show proof with screenshot)

I have not participated in any airdrop event because am a newbie in cryptocurrency world,but i have had of Ecoin airdrop event.

Ecoin is the world's fastest-growing Cryptocurrency powered by world’s first ‘AI driven email-based proxy identity engine’ which aims to launch the world’s biggest airdrop .source

How to participate on Ecoin airdrop event is by registering with email address and name,then join telegram group

Screenshot_20210713-200336_2.jpg

Then copy the link and share to friends on social media and watspp

Screenshot_20210713-123055_2.jpg

This can be called bounty airdrop.

Screenshot_20210713-123119_1.jpg

Screenshot_20210713-200326_2.jpg

Above are the amount of referrals and tokens.

Give and explain an example of an Airdrop event that has passed and the airdrop was successful. Then give one more example that has been proven to be a fraud. (It is not allowed to take the example that has been taken in question number 5).

An example of successful airdrop is;

Decred (DCR)

Decred was also launched in 2016. Early users of this crypto where airdropped 258,000 DCR with its total value peaking at $36,104,520 on April 25, 2018,and it turned to be one of the best successful airdrop event source
Screenshot_20210713-205945_1.jpg

Corbit community has proven itself to be fraud.

Corbit had 80,000 people join and the project vanished overnight,both there social media platforms.

Look for examples of ongoing Airdrop events, make an analysis that proves that the Airdrop of your choice is good. (Screenshot required).

On going airdrop events.

Screenshot_20210713-212629_1.jpg

Babyshark airdrop is hosted by CoinMarketCap.

CoinMarketCap is genuine.

Screenshot_20210713-213713_1.jpg

How to participate in the babyshark airdrop
Screenshot_20210713-213601_1.jpg.

Explain the steps to participate in the Airdrop of your choice. (Screenshot required).

Firstly create an account.

Screenshot_20210713-215103_1.jpg

Secondly get email verification
Screenshot_20210713-215135_1.jpg

Then join the airdrop
Screenshot_20210713-215209_1.jpg

Join the telegram group
Screenshot_20210713-215000_1.jpg

CONCLUSION

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Airdrop events beneficial especially for newbies in cryptocurrency world.

They will get to know the coin without fear of losing money because airdrops are free.

Airdrop events helps investors to know the coin before investing and they will lose nothing, and they will be part of the beginning of the project.

Thank you @wahyunahrul

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