3 fraud pattern about NFT.

There are many frauds about NFT.

I introduce examples of problems that have actually occurred and problems that may occur in the future.

The main three are:

1. Getting a fake NFT

2. Sweet invitations

3. Being recruited into a dubious business

Please check it out so you don't fall victim to NFT fraud.

1. Getting a fake NFT

A particular problem these days is the fraud of grabbing fake NFT.

In September 2021, it became a hot topic that fake NFTs of the world-famous artist Banksy were on the market. The buyer has bid about around $300k, but it was refunded later.

This is an example of a problem where it wouldn't be surprising if the money was cheated.

2. Sweet invitations

There is a possibility that fraud to purchase NFT works.

For example, it is a slogan such as "NFT purchased for $100 will become $100k in 5 years."

It is true that the value of NFT works may increase, but it is not something that can be concluded like that. Conversely, there is a risk that the value will be less than the purchase price.

Be careful not to be deceived by sweet invitations.

3. Being recruited into a dubious business

Although it is not directly related to NFT, there is a risk of being recruited into a dubious business.

For example, if you tweet about NFT, you may receive a message such as "There is a side job that can easily earn money".

Knowing about NFTs is because they know that you are interested in business. 

In other words, from the point of view of fraudsters, it can be said that it is easy to solicit.

If you are solicited by a dubious business, ignore the message or be determined to decline.