Top 4 NFT scams and how to avoid them

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Spend a few minutes in cryptoland on social media and you’re likely to find netizens speaking about celebrities or virtual artists ‘dropping’ their latest works in the form of a non-fungible token (NFT).
NFTs, as they are popularly known, are cryptographic representations of tangible or intangible objects on the blockchain. These prove ownership of the underlying assets and can range from digital collectibles to real estate to crypto art and even digital pizzas.
And they have taken the world, or at least a section of it, by storm in the past weeks. To the outside observer, the niche sector has grown seemingly overnight into a $23 billion giant and has attracted fans from musicians, to entrepreneurs, to celebrities, to porn stars, to seemingly nearly all demographics.
But where’s there’s money, there are scammers. The crypto industry—due to its lack of regulatory oversight and the absence of centralized rulemakers—is a hotbed for the toughest of scammers, hackers, cyber th

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Źródło: https://cryptoslate.com/top-4-nft-scams-and-how-to-avoid-them/

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