NFT Scams – Most Common Scams in the NFT Space

As the popularity of NFTs (non-fungible tokens) continues to grow, so does the potential for scams.  This article examines popular NFT scams and offers suggestions for avoiding them. We'll also discuss the future of NFT scam prevention and how to report one. A Closer Look Into NFTs and Their Popularity The past year has seen a surge in the popularity of non-fungible tokens. These digital assets are unique, and nobody can replicate them, making them ideal for collectors and investors.…

How to Protect Yourself from NFT Scams

As the popularity of cryptocurrencies and blockchain technology continues to grow, so does the potential for scams and fraud. In this article, we’ll go over some common threats to your safety when investing in or using non-fungible tokens (NFTs).  The guide will provide some tips on how you can protect yourself from these dangers.  The NFT Opportunity and Its Appeal to Scammers Blockchain, a decentralized ledger tracking all transactions involving an item, is where NFTs reside. NFTs can represent anything…