IguVerse Airdrop Review 2023: Good Or Bad Airdrop Read Our Review

What Is Crypto Airdrop?

A crypto airdrop is a marketing strategy employed by blockchain projects to distribute free tokens or cryptocurrencies to a wide audience. The term “airdrop” is derived from the idea of “airdropping” assets to a large number of wallets without any direct cost to the recipients. These distributions are often used to create awareness, reward loyal community members, and stimulate engagement with a new cryptocurrency or blockchain project.

Airdrops can take various forms, including token giveaways to existing token holders, social media contests, or simply distributing tokens to users who meet certain criteria Participants in a crypto airdrop typically need to fulfill specific requirements, such as holding a minimum amount of a particular cryptocurrency or completing tasks like following social media accounts or joining a project’s community.

While airdrops can be an effective way to bootstrap a project and foster community involvement, participants should exercise caution and verify the legitimacy of the airdrop to avoid potential scams.

What Is IguVerse Airdrop?

IguVerse Airdrop GameFi app redefines the whole concept of NFT using AI/ML technologies. Unique user-generated NFTs are to become a new standard — NFT 2.0. The innovative game mechanic revolves around a pet-centric Play to Earn social-network game, which combines the three most popular game mechanics: innovative Socialize To Earn, trendy Move to Earn and classic Play to Earn in one app.

IguVerse is airdropping $121,000 worth of rewards to users who participate in the Bybit ByVote campaign. Create an account at Bybit, complete KYC, deposit at least $100 worth of crypto and vote for IguVerse once the voting begins to be eligible to share $100,000 in IGU. Complete Zealy tasks to share $3,000 in USDT & $3,000 in IGU. The first 800 people who register on ByBit & vote for IGU will receive $5,000 in IGU. The first 100 people to vote will share $5,000 in IGU and the first 100 people to cast 10,000 votes will share an additional $5,000 in IGU tokens. New Bybit users could also win a 20 USDT bonus and an iPhone 15 Pro.

Basic IguVerse Airdrop Airdrop Points

How To Claim IguVerse Airdrop Step-by-Step Guide:

1. Create an account at Bybit.
2. Complete your KYC verification.
3. Deposit at least $100 worth of USDT, USDC, BUSD, CUSD, USDD, or DAI.
4. A snapshot of your Spot, Earn, Funding, and Derivatives account balances will be taken on November 22nd at 23:59:59 UTC. To be eligible to vote, your assets must be in your account before this time. The number of votes you have will be equal to the amount of assets you hold in your Bybit account at the time of the snapshot.
5. Voting opens at 3 AM UTC on Nov 23 for 24 hours. When voting begins, go to ByVotes and vote for IGU. You can allocate a maximum of 10,000 votes ($10,000) to IguVerse.
6. A total of $100,000 in IGU tokens will be distributed among all ByBit users who voted for IGU based on the number of votes cast.
7. The first 800 people who register on ByBit & vote for IGU will receive $5,000 in IGU. Submit your details to this Google form to be eligible to receive the rewards.
8. The first 100 people to cast 10,000 votes will share $5,000 in IGU tokens, winning $50 each. Submit your details to this Google form to be eligible to receive the rewards.
9.  The first 100 people to vote will share $5,000 in IGU tokens, winning $50 each. Submit your details to this Google form to be eligible to receive the rewards.
10. Complete Zealy tasks to share $3,000 in USDT & $3,000 in IGU.
11. New Bybit users could also join this exclusive giveaway for a chance to win a 20 USDT bonus and an iPhone 15 Pro.
12. The rewards will be distributed only if IGU wins the vote and gets listed on ByBit.
13. For more information regarding the airdrop, see this Medium article.

How To Check IguVerse Airdrop Is Real Or Fake

Checking the legitimacy of a crypto airdrop can be a bit tricky, as scammers often use sophisticated techniques to create fraudulent airdrop campaigns that appear to be legitimate. Here are some steps you can take to verify the authenticity of a crypto airdrop:

1. Official Website and Social Media Profiles: Check the official website of IguVerse for information about the airdrop. Ensure that the website uses secure connections (https://) and looks professional. Verify the project’s social media profiles (Twitter, Telegram, etc.) and look for announcements regarding the airdrop. Legitimate projects often use these platforms to communicate with their community.
2. Whitepaper: Legitimate projects usually have a whitepaper that outlines the details of the project, including the tokenomics and distribution. Review the whitepaper to understand the project’s goals and how the airdrop fits into the overall strategy.
3. Team Information: Check the team behind IguVerse. Legitimate projects typically provide information about their team members, including their backgrounds and experiences. Be cautious if there is no information about the team or if the information seems unreliable.
4. Community Engagement: Legitimate projects often have an active and engaged community. Check forums like Bitcointalk, Reddit, and others for discussions about IguVerse. Be cautious if there are a lot of negative reviews or if the community seems disinterested or skeptical.
5. Scam Warnings: Search online for any scam warnings or reports related to IguVerse. Cryptocurrency communities are quick to raise alarms if they suspect a project is fraudulent.
6. In summary, it’s important to conduct thorough research, verify the source and instructions, look for feedback from other users, and trust your instincts when evaluating the legitimacy of a crypto airdrop. By taking these steps, you can minimize the risk of falling for a fraudulent airdrop and protect your assets and personal information.

What are the risks of participating in an airdrop?

Participating in an airdrop carries several risks that individuals should be aware of before getting involved. Firstly, there is the potential for scams and fraudulent activities. Some malicious actors may create fake airdrops to trick participants into providing sensitive information or private keys, leading to theft of funds or identity. Additionally, the legitimacy of the project conducting the airdrop may be questionable, with some projects lacking proper development or regulatory compliance.

Furthermore, participating in multiple airdrops may expose individuals to an increased risk of spam and phishing attempts, as their information becomes more widely distributed. Lastly, the value of airdropped tokens can be volatile, and participants may experience financial losses if the market value of the tokens decreases. Therefore, it is crucial for participants to thoroughly research and verify the legitimacy of the airdrop project, exercise caution with personal information, and be mindful of the potential financial risks involved.

IguVerse Airdrop RoadMap

IguVerse Airdrop Pros Or Cons

Pros of participating in an airdrop:

1. Innovative NFT Concept: IguVerse introduces NFT 2.0, redefining the concept of non-fungible tokens (NFTs) using advanced AI/ML technologies. This innovation may pave the way for unique and more dynamic user-generated NFTs.
2. Play to Earn Mechanism: The game features a Play to Earn mechanism, allowing users to earn rewards while actively engaging in the gameplay. This aligns with the growing trend of blockchain-based gaming and provides users with financial incentives.
3. Combination of Popular Game Mechanics: IguVerse integrates three popular game mechanics—Socialize To Earn, Move to Earn, and Play to Earn—into a single app. This diversity could attract a wide range of gamers with different preferences, enhancing the overall gaming experience.

Cons of participating in an airdrop:

1. High Entry Barrier: Requiring users to complete KYC and deposit at least $100 worth of crypto to participate in the Bybit ByVote campaign may pose a high entry barrier for some potential users, limiting the accessibility of the rewards program
2. Potential Speculative Nature: The focus on airdrops, rewards, and exclusive bonuses may attract users solely for speculative purposes rather than genuine interest in the platform, potentially leading to a less committed user base.
3. Dependence on Crypto Market: The success of the rewards program and the value of IGU tokens are tied to the performance of the cryptocurrency market. Fluctuations in the market could impact the perceived value of the rewards.

IguVerse Airdrop Final Verdicts

In conclusion, IguVerse stands at the forefront of innovation in the NFT space, heralding the arrival of NFT 2.0 with its groundbreaking use of AI/ML technologies. The app’s unique approach to user-generated NFTs sets a new standard, promising a paradigm shift in the way we perceive and engage with non-fungible tokens. The integration of Socialize To Earn, Move to Earn, and Play to Earn mechanics within a pet-centric social-network game showcases a visionary fusion of popular gaming elements, ensuring a captivating and rewarding experience for users.

Moreover, the ongoing Bybit ByVote campaign adds a layer of excitement to the IguVerse ecosystem. With a generous airdrop of $121,000 in rewards, participants have the opportunity to not only shape the future of IguVerse but also reap substantial benefits. The multi-tiered reward system, ranging from shared IGU tokens and USDT to exclusive bonuses for early voters and registrants, incentivizes active engagement and community participation.

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