A lack of safeguards and screening procedures on some marketplaces for digital art has contributed to the increase in digital art scams ... one of the largest NFT marketplaces in the world.
The faux-art dealer wanted the man to sell his artwork ... and are now raising awareness about how to recognize similar NFT-related scams. Here are his tips: An artist may receive a direct message ...
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Brooklyn DA shutters 40 NFT scam sites after artist loses $135KThe victim was contacted on LinkedIn by someone posing as an art dealer who convinced him ... Georgia and California also fell for the same NFT scam scheme. The District Attorney’s Virtual ...
Non-Fungible Tokens, better known as NFTs, are becoming increasingly important: in 2020, the NFT ... as art or the creation of collectibles linked to sports or video games. Frequent scams ...
An in-depth look at the leading art in the NFT industry this year. Here's what you need to know. Non-fungible tokens, or NFTs, have been a hot investment theme the past couple of years.
U.S.-based art collective Kanbas made the largest non-fungible token (NFT) purchase in three years last week, scooping up a 1-of-1 artwork by Sam Spratt for $3 million. The artwork is called "X ...
Creating an NFT (non-fungible token) for the purpose of swindling the public. Many people claim that all NFTs are scams; however, this viewpoint will be debated for a long time. See NFT rug pull ...
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