Fighting Fraud in the NFT Industry

Fighting Fraud in the NFT Industry #1

The NFT theme and development aspects of this niche serve as an excellent target for scammers. Let's figure out how to work with it and what to watch out for.

It is probably not a secret for anyone when users encounter scammers and lose their NFT assets. One of the most common methods is fraudulent support services.

The largest number of fake support in the communities of Telegram channels and Discord spaces. The bottom line is that scammers create their own social networks. platforms and pass them off as official marketplace channels.

In order not to become a victim of an accident, we recommend contacting technical support directly, indicated on the project page itself.

Do's and Don'ts:

• Never share your account information
• Private keys
•  A unique phrase

The project staff does not need them. If you are asked for the above data, this is the first call about fraud.

Also, before you dive into the project of the marketplace itself or the NFT project of your choice, make sure that you have joined the official channels of the project. Popular platforms and projects, in turn, can have many counterparts.

Carefully check the information and the platforms you enter.

MetaMask scammers.

Fraudsters offer the user to share their screen with the user, as a result of which they ask to go to the wallet section designed to connect MetaMask to devices. After this work, scammers can set up a wallet on their device, while gaining full access to your funds.

This topic will be divided into several articles. In turn, in this article we have analyzed a number of basic fraudulent aspects. Next time you will learn more about what is:

•  Not real NFT trades
•  Phishing marketplaces
• Fake links to create NFTs