2021-09-04 16:39:06
Common NFT Scams to Avoid
The rise of NFTs inevitably brought scammers to the field. Here are the most-known scums and rules to follow to protect yourself:
Artist impersonation - a person steals an artwork from a digital artist and mints it as its own.
Be sure to check that the artist you are buying from is
verified. Usually,
the artist makes a public announcement on twitter or official website.
Brand impersonation - scammers set up groups on Discord / Telegram claiming to be the 'official support' or 'official community' of the brand / artist.
Beware none of the officials will ever ask for your wallet keys and secret pharases! Fake storefronts - scum stores use similar or keywords from the original store’s URL.
Pay attention to the URL and how you were directed to the site.
Deceitful bidding - a scam
for sellers on NFT marketplaces like OpenSea: a person bids what you are asking to sell your NFT for, but
using USDC coin - not WETH or ETH. The best method for avoiding this is simple: be patient and take your time when sorting through your bids.
Common rules:
Never give your private keys out to anyone
Never enter your private keys online anywhere
Always be aware of where you are browsing for NFTs
Always check what wallet permissions you are giving to dapps
Useful link: Use free URL scanner to detect phishing and fraudulent sites
209 views13:39