The Cat Finance airdrop is a scam

in LeoFinance3 years ago

The Cat Finance airdrop is a scam.




We take a detailed look at the Cat Finance airdrop and whether it’s a scam.

While buzzing crypto socials, you might have seen people promoting the Cat Finance Airdrop.

The airdrop promised to be valued at $60 USD with an extra $30 per referral sign up you can get.

But with a missed PancakeSwap listing (lol) promised for the 15th of may 2021, let’s take a look at what’s happening with the Cat Finance airdrop.

The scam Cat Finance airdrop banner.

I think you know where this is headed, but just to be clear from the start: The Cat Finance airdrop is a scam.

What is the Cat Finance (CAT) token?

The Cat Finance token is a BEP-20, Binance Smart Chain based token that you may have seen the team trying to give away via an airdrop.

Billed as offering a modularised and modern way to give benefit to all involved users, it is in reality just another nothing coin used to gather user data.

And judging by their 48.5K Twitter followers, they’re certainly doing a good job in that department.

If you’re still curious, try not to laugh when you’re reading the official Cat Finance whitepaper direct in Google Docs.

Yikes.

Yes, the Cat Finance airdrop is a scam

There’s no doubting that the Cat Finance airdrop is a scam and you would be highly advised to place your attention elsewhere.

While you may think that handing over your data like socials, Telegram and BSC wallet address is harmless, they’re in fact gaining a valuable resource.

Shock horror, your data is worth something to marketers!

We’ve seen a similar type of shady marketing going on with the HotLove crypto airdrop and unfortunately, Cat Finance is just another scam.

You will not make money claiming the Cat Finance airdrop.

All you will do is freely give up your data and gift the team a valuable asset to on-sell.

You’re better than this.

Best of probabilities to you.




Direct from the desk of Dane Williams.

Why not leave a comment and share your thoughts on whether the Cat Finance airdrop is a scam, within the comments section below? All comments that add something to the discussion will be upvoted.

This Cat Finance airdrop blog is exclusive to leofinance.io.

Posted Using LeoFinance Beta

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I'd called ASPCA on this one as dropping cats from a plane should qualify as cruelty to animals.

Now, squirrels are a different story. Apparently squirrels have enough air resistance that they can fall from any height without getting squished.

Posted Using LeoFinance Beta

Good content 😂.

Posted Using LeoFinance Beta

There have been a ton of scams lately since spinning up a new coin seems fairly easy (code is open source).

Posted Using LeoFinance Beta

I'd be interested in reading a blog from anyone who's made money on one of these Telegram list airdrops.

The closest I came was making like $150 from the Everipedia airdrop on EOS.

But that doesn't count, because there was no sign up process, it was just dropped to all wallets.

Anyone that has made anything on one of these Cat Finance style airdrops that you need to sign up to, I'd love to hear from you, haha.

Posted Using LeoFinance Beta

I have a feeling that asking @trumpman would be best. He is the person I see posting a lot of airdrop opportunities so maybe he got a few. I think in one of his more recent posts, he did say he earned a few dollars.

Posted Using LeoFinance Beta

Yeah, that whitepaper... Lol.

So bad that it's amazing haha!

Posted Using LeoFinance Beta

There is a saying in my country that goes: "Por la plata baila el mono" meaning that if there is money involved it doesn't matter if you make a fool of yourself and promises of free money make people forget to see obvious dangers.

Posted Using LeoFinance Beta

"Por la plata baila el mono"

I like it.

Sums human nature up perfectly.

Posted Using LeoFinance Beta

lol freakin madness. Why are all these crap defi platforms still launching. Just stick with CUB :)

Posted Using LeoFinance Beta

You're preaching to the converted ;)

Just have to make sure we all understand the risks that still come with any assets placed on a defi platform.

Posted Using LeoFinance Beta

Thanks for the information and i hope many will take note of this, I know a lot of Airdrops are real but sometimes we should be careful in what we engage in to avoid being scammed by any means. lets be more careful and there and be on alert for scam.

Posted Using LeoFinance Beta

Yep, everyone just has to do their due diligence before handing over their info.

As long as people are able to make an informed decision, then they're free to do as they please.

I would just certainly not be recommendending the Cat Finance airdrop.

Posted Using LeoFinance Beta

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