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Research NFT Projects

Whenever you are interested in an NFT project, the first thing to do is check and verify the developers’ identity behind the project. You should pay attention to the reviews these developers have received in the past. Also, look out for signs of fake followers, as this can be a red flag. Furthermore, check the history and wallet records of this project. This can help you detect shady transactions. It also helps the credibility of a project if it has an active community behind it. Lastly, it would help if you used burner wallets to limit the funds you want to commit when investing in unfamiliar projects.

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