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EXCLUSIVE: Web3 Project Explains Why PH Users Barred Over Airdrop Farming Concerns

Summary by BitPinas
After thousands exploited its KYC system for airdrop rewards, a Web3 platform has blocked users from the Philippines, Nigeria, and Bangladesh, calling them value extractors, not real users.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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EXCLUSIVE: Web3 Project Explains Why PH Users Barred Over Airdrop Farming Concerns

After thousands exploited its KYC system for airdrop rewards, a Web3 platform has blocked users from the Philippines, Nigeria, and Bangladesh, calling them value extractors, not real users.

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BitPinas broke the news in on Friday, May 30, 2025.
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