Blockchain Blog — nft
3 Ways to Avoid NFT Scams
Posted by Micah Balazs on
Anyone can be a victim of brand impersonation. A quick search for popular brands like Rarible on Telegram or Twitter will generate multiple accounts all claiming to be the original. Even crypto literates and tech-savvy users who do not thoroughly examine the identity of support services can fall prey easily.
Always Do Your Own DD.
Rug Pulls Heard Around the League
Posted by Micah Balazs on
Fox has been accused by his NFT holders of rug pulling, which is a common tactic that happens in the space. Project founders will raise money and walk away with all of the funds, shutting down communication channels on their way out to make it more difficult for investors to organize.
Mental Health Awareness Raised by Robin WIlliams Son
Posted by Micah Balazs on
The artwork is inspired by Williams’ family and, in particular, his father. The image, which features a large glowing heart against a dark background. The heart represents so many good things about Robin Williams, especially love.
Thug Dogs NFT project is a tribute to the ’90s and hip-hop culture
Posted by Micah Balazs on
The ideal moment to invest in NFTs are launches because the buying prices are the lowest. The 10,000 dogs will be sold at 0.06 ETH. Doggy Land underlines that it will be a fair launch, so the price will not increase or decrease during the sale.
Big Daddy Ape Club scammed would-be investors out of 9,136 SOL
Posted by Micah Balazs on
Civic now says it’s working with law enforcement to track down those responsible for the scam. Big Daddy Ape Club was billed as a collection of 2222 ape themed NFTs to be minted on the Solana blockchain and listed on the Solana NFT marketplace. But it turned out to be a classic "rug pull", a type of exit scam that is all too common in crypto in which developers suddenly leave a project and disappear with investors’ money.