With the NFT frenzy on the increase, a growing number of people are interested in investing in NFTs. However, with this excitement come certain dangers. Hackers have begun to target NFT investors in frauds. Here are some of the NFT scams to avoid before you start buying these tokens:
NTFs (Non-Fungible Tokens) are digital assets that represent real-world goods such as art, music, films, and in-game content. Unlike cryptocurrencies, they cannot be sold or swapped for equivalence. Blockchains such as Bitcoin, Ethereum, Solana, and others are available. However, Ethereum was the first blockchain to support NFTs, and the vast majority of NFTs were built as Ethereum tokens.
With the NFT frenzy on the increase, a growing number of people are interested in investing in NFTs. However, with this excitement come certain dangers. Hackers have begun to target NFT investors in frauds.
