In the Web3 field, airdrop projects are often seen as zero-cost wealth opportunities, but they contain hidden risks. Many people spend a lot of energy participating in multiple projects, only to end up with nothing or fall into eyewash. This article will reveal how to identify genuine projects and avoid becoming a victim of "fake projects."

First, we need to understand the common characteristics of "eyewash projects":

1. Overemphasis on social tasks, lacking substantial products: These types of projects often require users to frequently engage in activities such as sharing, liking, and inviting friends, but their official websites lack even a basic demo version, purely to attract traffic.

2. The token issuance plan is unclear: After the project's popularity fades, there is no news, or it simply changes its blockchain and name, rendering the previously completed task data invalid.

3. On-chain operations are cumbersome and costly: Users are required to engage in a large number of on-chain interactions, such as staking, purchasing NFTs, and trading, but ultimately do not qualify for an Airdrop, claiming that users were merely participating in a "test".

How to identify real and reliable projects? Here are a few key indicators:

- Have real on-chain interaction records, the product can actually run on the public chain.
- The official website, whitepaper, and team information are clear and transparent.
- Social media (such as Twitter, Discord) communities are active and frequently updated.
- Do not easily promise "definite Airdrop" or "everyone will receive a share" and other unrealistic guarantees.

On the contrary, be wary of the following red flags:

- The official website is inaccessible or the contract address cannot be queried.
- Only required to complete social tasks without involving on-chain operations
- Numerous tasks and long activity durations, but lack of substantial user interaction.

Regarding the controversy over "batch number" and "substitute farming", it is worth noting that these strategies belong to high-risk arbitrage activities and are not suitable for beginners to try. They may bring higher returns, but they also come with greater risks and complexities.

Before participating in any Airdrop project, it is advisable to conduct in-depth research on the project background, carefully assess the risks, and not follow blindly. Remember, in the Web3 world, opportunities and risks coexist, so it is crucial to remain vigilant and perform rational analysis.