Very frustrating. I think instant airdrops would attract more people into a project, but 99% of the time, they make you wait for months and even then, you are not assured that you will receive Airdrop. Especially if the coin goes up in price.
They become greedy and sell hundreds or millions of dollars of the coin, then give up the project. I guess nothing really prevents crooks from creating coins with their own "DEX" and promoting the hell out of their coin, then selling it to all the people they've spun with for months on Telegram, Twitter and Facebook will not deliver. Scammers can become millionaires instantly if they create a billion pieces, place them on their "DEX" they control and cost them a dime per coin.
Most want you to join an Airdrop, then they encourage you to buy their coin with Bitcoin and Ethereum in exchange for their worthless coins that they will pump and discard as soon as the coin has been exchanged.
I posted some discussions on Airdrops and I apologize to anyone who was wrong about Airdrop.
In the future, I will ensure that, if I post more Airdrops, they will be legitimate first.
The Metahash Airdrop that I posted about where you get 1000 Metahash chips is a bit legit. You get the 1000 promised MHC chips, but they make you wait, which takes days or weekends. What they do not specify clearly is that these 1000 pieces of MHC are loaned to you, so you can not remove them. The 1000 MHC is used to "forge" (like staking) and you do not get 100% of the daily rewards generated by the 1,000 MHC coins. I get 20% of the daily rewards by joining their Telegram group, which has about 8 MHC per day. If you buy 1000 MHC with your personal money, you receive 100% of the daily rewards, which currently stands at around 39 MHC per day with 1000 MHC.
Once you have received the thousand MCH, provided they declare forging at least four hours a day, you will receive the daily reward, but your rewards only begin three days after the start of Forging. It's really confusing and not very clear, so I leave my Forging on 24/7. From what I've seen, if you use a VPN, your IP address will be considered public and getting the MHC 1000 is worthless if you do not use your actual IP address. If you buy your own MHC, it does not matter if you use a VPN.
I can not complain too much. The 1000 MHC were free after all. The creators of MHC have spent a lot of time and effort on their project, so it's something positive.