Blockchainreporter has issued a warning about the potential risks associated with participating in cryptocurrency airdrops and presales. The report emphasizes the importance of conducting thorough due diligence before engaging in these activities. It outlines the nature of presales and airdrops, debunks common myths, and provides a checklist to help investors assess the legitimacy and value of such opportunities. The article also highlights IPO Genie's approach to airdrops and presales, which includes a structured model with clear criteria, engagement tasks, and audit-ready contracts. Investors are advised to focus on transparency, utility, and accountability rather than succumbing to hype, ensuring a more secure and informed investment decision-making process.