Yes I count myself as a dummy with this stuff also, until I was bored at work and came across an airdrop in September for something called eBTC, otherwise known as e bitcoin. So I thought why not join the airdrop. So stumbled through the simple process of filling out their short form, the usual stuff, name, email address, ethereum address etc.
I had forgotten about everything until early December I discovered the website etherscan.io where you can type in an ethereum address and it will tell you what is in that address in the form of ethereum, but more importantly tokens.
I typed myetherwallet ethereum address (as I was bored at work again), and noticed that I had been sent some eBTC, as well as something called ChinaYuan (ECNY tokens) that I don't even remember applying for.
Here's the link to the account I have when searched on etherscan.io
https://etherscan.io/address/0x6784169ecCA89E450B4037771B83BC2479979AD1
Yep, $835.80 that I didn't know I had ! The ECNY tokens must have become worthless, but the eBTC tokens were a different story, they had sent me 2457 of them at 34 cents each.
Not bad for a dummy who didn't have a clue about airdrops, and spent 10 minutes filling out a form when I was bored at work. And It doesn't end there, as because I thought at this point that I was richer than Scrooge McDuck I thought It may be a good Idea to type in my regular wallet ethereum address, and found that I had been sent some tokens there too, namely something called ACC tokens which are accelerator tokens, which also I couldn't remember applying for. They sent me 31 of these and the current price is around $4.50 each !
Interestingly the ACC tokens after some digging around are linked to a hydro electric facility in the U.S that powers a supercomputer, and the tokens can be used to utilise the computer to mine ethereum, bitcoin gold, ZCash and Monero. Even more interestingly If you send ACC tokens from your wallet, and put your own address as the recipient (send them to yourself) then the number of ACC tokens you get back is more than the number you sent, as this is how you mine ACC tokens !
Needless to say I have spent the last few days stumbling through more airdrop application forms hoping that I will be driving my Lambo around the grounds of my solid gold house by Christmas 2018.
Lessons learned;
1.Get a smart contract wallet like myetherwallet, as It will be much easier to export tokens to an exchange. Yes you can get tokens sent to any erc20 compatible wallet, but my ACC tokens are now trapped temporarily in my exodus wallet eth address and do not appear in the list of supported tokens, but I can still export them to myetherwallet and onto an exchange to sell if I wanted to.
2. Keep track of what you are applying for. Only apply for free airdrops, do not send ethereum or bitcoin to anyone unless you have researched that project first to determine if it is a scam.
3.Be quick, as most airdrops have a small window of opportunity.
4. Arm yourself with a twitter account, facebook, or any social media account as you will get more tokens by retweeting and posting their airdrop announcement and sending the evidence that you have done so to the people running the airdrop.
5. Lastly, get some ethereum, as you will need to have ethereum in the same wallet address as the tokens if you want to sell the tokens on an exchange. It doesn't take much ether to perform an exchange of tokens for bitcoin or whatever, just a few eth satoshis will do it, but the more ether you use as a transaction fee the quicker your transaction will take place.
Whatever you exchange the tokens for, may that be bitcoin, ethereum, or the coin of your choice, get it off the exchange and back into the wallet of your choice ASAP, do not leave it sat on the exchange, as they get hacked, a lot!
Stupidly I have learned as I went along, and am currently sitting on these tokens without owning any ethereum to sell them, but I am working on it :}
Total cash outlay= 0
Total cash earned=$981
More than enough beer money for a while :}
I had forgotten about everything until early December I discovered the website etherscan.io where you can type in an ethereum address and it will tell you what is in that address in the form of ethereum, but more importantly tokens.
I typed myetherwallet ethereum address (as I was bored at work again), and noticed that I had been sent some eBTC, as well as something called ChinaYuan (ECNY tokens) that I don't even remember applying for.
Here's the link to the account I have when searched on etherscan.io
https://etherscan.io/address/0x6784169ecCA89E450B4037771B83BC2479979AD1
Yep, $835.80 that I didn't know I had ! The ECNY tokens must have become worthless, but the eBTC tokens were a different story, they had sent me 2457 of them at 34 cents each.
Not bad for a dummy who didn't have a clue about airdrops, and spent 10 minutes filling out a form when I was bored at work. And It doesn't end there, as because I thought at this point that I was richer than Scrooge McDuck I thought It may be a good Idea to type in my regular wallet ethereum address, and found that I had been sent some tokens there too, namely something called ACC tokens which are accelerator tokens, which also I couldn't remember applying for. They sent me 31 of these and the current price is around $4.50 each !
Interestingly the ACC tokens after some digging around are linked to a hydro electric facility in the U.S that powers a supercomputer, and the tokens can be used to utilise the computer to mine ethereum, bitcoin gold, ZCash and Monero. Even more interestingly If you send ACC tokens from your wallet, and put your own address as the recipient (send them to yourself) then the number of ACC tokens you get back is more than the number you sent, as this is how you mine ACC tokens !
Needless to say I have spent the last few days stumbling through more airdrop application forms hoping that I will be driving my Lambo around the grounds of my solid gold house by Christmas 2018.
Lessons learned;
1.Get a smart contract wallet like myetherwallet, as It will be much easier to export tokens to an exchange. Yes you can get tokens sent to any erc20 compatible wallet, but my ACC tokens are now trapped temporarily in my exodus wallet eth address and do not appear in the list of supported tokens, but I can still export them to myetherwallet and onto an exchange to sell if I wanted to.
2. Keep track of what you are applying for. Only apply for free airdrops, do not send ethereum or bitcoin to anyone unless you have researched that project first to determine if it is a scam.
3.Be quick, as most airdrops have a small window of opportunity.
4. Arm yourself with a twitter account, facebook, or any social media account as you will get more tokens by retweeting and posting their airdrop announcement and sending the evidence that you have done so to the people running the airdrop.
5. Lastly, get some ethereum, as you will need to have ethereum in the same wallet address as the tokens if you want to sell the tokens on an exchange. It doesn't take much ether to perform an exchange of tokens for bitcoin or whatever, just a few eth satoshis will do it, but the more ether you use as a transaction fee the quicker your transaction will take place.
Whatever you exchange the tokens for, may that be bitcoin, ethereum, or the coin of your choice, get it off the exchange and back into the wallet of your choice ASAP, do not leave it sat on the exchange, as they get hacked, a lot!
Stupidly I have learned as I went along, and am currently sitting on these tokens without owning any ethereum to sell them, but I am working on it :}
Total cash outlay= 0
Total cash earned=$981
More than enough beer money for a while :}
that is an impressive earning out of nothing and I'll search for some airdrops too, maybe I'll get lucky as well 
