You’ve pointed out some significant issues that are related to airdrops or giveaways in the context of cryptocurrencies.

Project Clarity: Absolutely! A clear plan of the project and a white paper are both needed. When a project is not as delivered as was promised then it leads to distrust due to lack of the expected outcome. In this regard, it is pertinent to assert that honesty at the beginning of the process for the formation of the partnerships is essential.

Transparency: You're spot on. Realistic criteria for airdrops mean that the unfair rules that can be introduced at the last moment are excluded. Transparency makes sure that nobody is favored over the other and confidence is created among the participants.

Data Privacy: Security of the user data becomes one of the major concerns. Laying down measures that would prevent abuse and at the same time preserve the individual’s right to privacy is a daunting task in undertaking KYC.

Regulatory Compliance: They point that various regulating bodies have a very significant role. Another essential step of the project is the observation of guidelines and the cooperation of the project owners together with the regulators.

In general, these challenges imply that more attention must be paid to the necessity for active communication, compliance with the guidelines, and openness. Well-analyzed!