zkSync Airdrop: Is zkSync a Scam?

When ZKSync announced its token airdrop, the eligibility requirements caused a lot of anger, ranging from ZKscam to the best layer 2 solution.

 

 

ZKSync is a well-known layer 2 solution that provides superior and faster transaction times compared to Ethereum and other networks. It already disclosed the specifics of its ZK airdrop, which is currently a hot topic among cryptocurrency investors. To express their dissatisfaction with the network, users have substituted ZKscam or ZKSync Scam for ZKSync in the name.

 

Let’s talk about the history of the ZKscam and ZKSync Scam in this blog.

 

 

 

 

 

Why Did ZK Airdrop Become ZKscam?

 

 

After years of anticipation, ZKSync finally announced the ZK token airdrop on June 11th, bringing joy to its 7 million members. Using a one-of-a-kind airdrop contract with stringent eligibility requirements, the ZK rollup-equipped network has chosen to distribute its tokens to only 695,232 wallets. According to this, everyone must engage in extensive network activity, exchange a minimum of ten ERC 20 tokens, connect with the network over an extended period of time, and more.

 

 

 

 

Limitations on approvals cause wallets to be rejected even when individuals meet certain standards. Only a select few will be able to take part in this airdrop, as the community is only 7 million strong. After being let down by the network, the rest of them refer to it as the ZKscam.

 

 

 

 

 

Download App for Android

Download App for iOS

Trends Of ZKscam (ZKSync Scam) On X

 

The disappointed investors have decided to vent their frustrations on X, the social media network formerly known as Twitter, by tagging ZKscam or ZKSync Scam. For days, these hashtags have been trending, and thousands of people have taken to Twitter to comment on this injustice.

 

Someone mentioned that they meet all the criteria, have traded over $100,000 on the network, and have paid more than $100 in petrol fees alone. He expressed his dissatisfaction with this airdrop while also mentioning his three-year usage of the network.

 

A lot of people have pointed out that this network’s reputation has changed from being the greatest L2 solution to being a ZKSync scam.

 

 

 

 

 

 

Why Does This ZK Airdrop Matter?

 

The long-awaited introduction of the ZKSync token has finally taken place, fueling the anticipation surrounding it. And for ZKsync customers, the holding is significant because of the many capabilities it offers. Known as the protocol token, this ZK coin gives its holders a say in whether or not the network is upgraded. Even more crucially, the native ZKSync account abstraction will pay for the network tolls.

 

The list of features doesn’t stop there, though; the governance-driven protocol also allows users to develop ZK that include staking features. When it comes to coordinating and interacting with the network, it is a major tool. For this reason, taking part in the ZK airdrop is absolutely essential.

 

Despite the network clarifying the reasoning for this restriction on wallets to spread extensively across main rollups, some are still calling it a scam.

 

---

 

 

Download App for Android

Download App for iOS

Where To Trade Crypto?

 

You can trade crypto futures on BTCC Now.  Over 300 USDT-margined perpetual trading pairs are available for users to trade, including many popular altcoins and meme-coins.

 

Trade Crypto Now

 

You can deposit and receive up to 10,055 USDT now when you sign up and verify your account on BTCC Every new user gets a 10 USDT coupon after completing their registration. You will also get an additional 20 USDT coupon on completing your KYC verification.

Check more details.

 

 

 

About BTCC

 

BTCC is a leading cryptocurrency trading platform that is distinguished by its ability to balance the simplicity of use with advanced features. It provides a comprehensive educational program through the BTCC Academy, 24/7 customer support, and robust security to both novices and experts. BTCC is a top choice for digital asset investors due to its emphasis on user contentment, which fosters a secure and informed trading environment across a variety of cryptocurrencies.

 

BTCC is one of the few exchanges in the market that offers high-leverage options for investors and concentrates extensively on futures trading. Users have access to more than 300 USDT-margined perpetual trading pairs, which encompass numerous prominent altcoins and meme-coins. Additionally, the platform has recently implemented spot trading to facilitate novice users who may not be acquainted with futures trading.

 

 

• Established Reputation: BTCC is one of the oldest and most well-known cryptocurrency exchanges, having been operational since 2011. Its history in the market enhances its credibility and trustworthiness.
• A Diverse Selection of Cryptocurrencies: BTCC allows customers to access and exchange a wide range of digital assets.
• Margin and Futures Trading: BTCC provides margin and futures trading options, allowing customers to expand their trading holdings and potentially increase their profits.
• Proficient Trading Instruments: such as real-time market data, trading charts, and technical analysis indicators. These tools can help users make informed trading decisions.
• Security Measures: BTCC values security and uses a variety of safeguards to secure customer payments and information. This includes two-factor authentication (2FA) and cold storage of cryptocurrency assets.

 

 

 

 

BTCC Guide:

 

• How to Trade Crypto Futures Contracts on BTCC
• BTCC Guide-How to Deposit Crypto on BTCC?
• What is Crypto Futures Trading – Beginner’s Guide
• What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
• BTCC Review 2024: Best Crypto Futures Exchange

 

 

Crypto Buying Guides:

• How To Buy Bitcoin (BTC)
• How To Buy Picoin
• How To Buy Ethereum (ETH)
• How To Buy Dogecoin (DOGE)
• How To Buy Pepe Coin (PEPE) 
• How To Buy Ripple (XRP) 

 

 

Crypto Prediction:

 

• Ethereum (ETH) Price Prediction 2024, 2025, 2030 — Will ETH Reach $10,000?
• Ethereum Price Prediction 2024, 2025, 2030: How High Can ETH Go in 2024?
• Bitcoin (BTC) Price Prediction 2024, 2025, 2030 — Is BTC a Good Investment?
• Ripple (XRP) Price Prediction 2024, 2025, 2030 — Will XRP Reach $1 After SEC Lawsuit?
• Pi Coin Price Prediction 2024,2025,2030 — Is Pi Coin a Good Buy?
• Pepe (PEPE) Price Prediction 2024, 2025, 2030 – Will PEPE Reach $1