Beware of Airdrop Scams!

Although, there are various fraud tricks associated to crypto generally, airdrops alos have some scams attached to it. However, once a user is careful, they can avoid these scamming techniques. Some common ones are;

Airdrop Phishing: this form of airdrop scam involves the sending of a false aidrop alert mail or text by the fraudsters. This mails often seems original, it would require certain personal information from recipients, like seed phrases or private keys. Upon getting a hold of these informations, these fraudsters can gain access to the users’ wallet and clear off the funds.
Airdrop Bot: This is also similar to airdrop phishing. The distinguishing factor is that, istead of mail or texts, the scammers provide fake social media handles that falsely intends to help users gain information about airdrops. Then, they request user’s personal information and then perform their fraudulent act.

Essentially, it is of great necessity that users and recipients thread carefully when it comes to airdrops.

Perform thorough researches on airdrops before providing essential information.
Most airdrops would not require you to send cryptocurrency to be able to access the token. Hence, it is required that recipient be extra careful before sending any coin for airdrop receival.
Always stay informed and alert to prevent fraudsters techniques!
Be a part of an active and verified crypto community where real airdrops information are shared.

Wrap-Up

It has been established that airrops is a means of promoting new stratups in crypto, and it can be qualified as a free gift. However, as much as free things that are of value are good, it is also important to be aware of the fraudulent risks attached to them, and steer clear.

With the right information and community, you could be a freeloader with so much benefits in the cryptocurrency world.

can apply for funding.

1. Cartesi Grants

This grant is Organised by the Cartesi blockchain.
Cartesi Blockchain provides a solution to scale decentralized applications through its application-specific rollups.