Can someone explain the Lift-Off festivals to me?

This may have come up before, but are Lift-Off festivals legit? To what extent? What is their deal? @Producers

Example:

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About a year ago, I mentioned Lift Off and someone responded who did not have a high opinion, to say the least. I can’t find the thread though.

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Their festival may be legit but the way they RT like crazy makes them look not so much. But to be fair, I don’t really know for sure.

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