ETN Airdrop: Tokens for Transactions

Free tokens sound tempting, but when you are asked to make transactions for a share, it is not quite free anymore. ETN Airdrop is exactly that kind of mini app, and it is worth understanding before the first tap. 🪙

The project belongs to the ETN ecosystem on the TON blockchain. Its participants call themselves a community that teaches blockchain by doing.

What the app promises

According to its description, the Airdrop app lets you claim a share of 2,000,000 allocated utility tokens of the ETN ecosystem. One million of them were earlier meant for a presale and have now been built into the mini app as transaction tasks.

The principle: the more transactions you make, the larger your share of that million. 📊

What gamified transactions mean

Instead of buying tokens, the user is asked to perform actions on the network. Each action is counted, and a shared pool is distributed at the end.

Transaction tasks can cost money: network fees, payment in Telegram Stars or wallet transfers. The bot has a /create_invoice command that creates an invoice in stars. Check the amount before any payment. ⚠️

Five questions before you join

1. How much does a single task cost including the fee?
2. What is the expected share, and can you calculate it in advance?
3. When and how will tokens be distributed?
4. Does the token have a trading venue and a clear price?
5. What happens if the project stops?

If there are no answers, assume you are paying for a lottery ticket.

What a utility token is

A utility token is meant for use inside an ecosystem: paying for features, getting access to services, voting. It gives no stake in a company and no guarantee of a rising price.

Such tokens often stay illiquid: there is nowhere to buy or sell them, and the paper price means nothing. 💡

Safety rules

• Spend only what you can lose. The amount should be one you will not miss.
• A separate wallet. Never connect the one holding your main funds.
• No seed phrase. Nobody has the right to ask for it.
• Careful with signatures. Do not confirm transactions whose meaning you do not understand.

Why bother

For some, the app is a way to get to know wallets and the TON network with small sums. For others it is a lottery where you can lose or get nothing.

The project has open channels and a chat where you can ask questions. Follow official announcements and do not trust anyone who writes to you first promising a guaranteed share. 🔒