On OpenSea and other NFT marketplaces, the majority of trustworthy NFT vendors will have a blue checkmark next to their usernames and a clear listing of the collection’s attributes. Verify that the artist you are purchasing is the real deal and that their account is validated. Although NFT teams frequently promote freebies, some dishonest individuals also use this opportunity to con gullible victims. Any giveaway should aim to increase a project’s social media credibility and attract investors.
But trustworthiness is irrelevant to con artists. They merely want to strike as many people at once and escape detection. They occasionally accomplish this by promoting absurd freebies or by utilizing a phony account. When you pursue such promises, be on the lookout for extra pressure to invest in a project that won’t materialize. Or even worse, it doesn’t demonstrate a strong Discord community.
Although some promotions are difficult to pass up, watch out for those that promise to give away more than what first appears. You can be asked by scam artists to link your NFT wallet to their phony NFT. Token theft is a common result of this. And if you don’t react quickly, your wallet can get swept away. NFT marketplace license is the best way to safeguard you.