What are NFT Scams and How Do You Avoid Them?
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Some of the top NFT scams include:
- Fake NFT stores
- Social Media Crypto Impersonators
- Fake NFT customer support
- Fake NFT investors
- Fake NFT giveaways
Let’s talk about each of these top NFT scams and how you can avoid them.
Fake NFT Stores
How Can You Spot a Fake NFT Store?
What Do I Do if a Fake NFT Store is “Selling” My Artwork?
Social Media Crypto Impersonators Scams
Then, they can convince prospective buyers of the legitimacy of the NFT, making it easier to sell their fakes.
How Do You Identify a Social Media Impersonator Crypto Scam?
Fake NFT Customer Support Scams
How Does a Fake NFT Customer Support Scam Work?
At Crowdcreate, we’ve published a number of helpful guides on NFT & Crypto community management that you can follow.
Fake NFT Investors
How Do You Identify a NFT Investor Scam?
NFT Giveaway Scams?
How Does an NFT Giveaway Scam Work?
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How Do You Avoid NFT Wallet Scams?
A new NFT wallet draining exploit is taking shape that uses a mixture of social engineering and takes advantages of the "degen meta"— Montana Wong (@Montana_Wong) July 7, 2022
Let's break it down
Protect Your Wallet Seed Phrase
Avoid Shady NFT Marketplace Sites
Conduct Thorough NFT Research
Stick with NFT Influencers & Collectors You Trust
Engaging in transactions with an untrustworthy person can backfire. For example, you could send someone a digital asset with the promise of payment on delivery, but the person could keep the asset and never pay you.
How Common Are NFT Scams?
Secondly, keep your digital assets and wallet safe.
Protect Yourself from NFT Scams
Hire an NFT Community Management Agency to Help with Scams
At Crowdcreate, we’ve been managing communities and seeing scams since 2017. Our NFT agency can manage your community to prevent these on-going threats and scams that can break your project and lose trust with your community. Contact our team today to see how we can help.