This involves the impersonation of celebrities and influencers in the NFT community. Since NFT sales happen online, marketing is also primarily done online. Hence, NFT projects often hire celebrities and influencers to promote their NFTs. Unfortunately, scammers take advantage of this practice by posing as famous celebrities and influencers to endorse low-quality NFT projects. Unfortunately, before most people realize that the impersonated celebrity is not involved with the project, many investors would have lost their money.
Documentation
⌘K
- Complete NFT Course
- OpenSea: A Step-by-Step Guide to Understanding It
- OpenSea is the first and largest general marketplace for trading non-fungible tokens (NFTs).
- What Are NFTs and How Did They Get So Popular?
- What Are dApps?
- What Is OpenSea?
- How does it work?
- How to use it
- Listing Your NFT
- Search Options to Discover NFTs
- Making an Offer
- Purchasing an NFT
- Locating Your NFTs on OpenSea
- Analytics for Sellers
- The proliferation of NFT clones
- Exploitation through the use of bots
- Phishing Attacks
- Our Conclusion
- OpenWord’s Anti-Plagiarism System
- OpenWord.io Monetizing Text Content in the Web3 World