🌹💠 Non-fungible tokens, known as NFTS, have recently gained great popularity among enthusiasts of this type of digital art in particular, and digital currency enthusiasts in general, and some fraudsters have exploited this popularity to practice their hobby of thieves and falsely defrauding people.
🌹 💠 Even if NFT codes have significant security properties within their basic blockchain chain, they nevertheless entail many risks, as there is the possibility of creating forged NFT codes through imitation or by minting counterfeit and other illegal copies, and among others. The most common fraudulent methods in this field are that many scammers send NFT images randomly to the recipients’ wallets. This symbol is an indicator of a high financial value. Under the influence of greed, the victim links the wallet to the fraudulent site. Once the contract is signed, all assets are withdrawn from his wallet, and he then realizes that he has fallen victim. Scam in such a cunning way.
🌹💠 Perhaps the dark side in this regard is the value that the NFT token achieves in the long term. Although some tokens have achieved astronomical prices, sudden market fluctuations make the long-term stability of the value of NFTs not guaranteed at all. At the same time, the security of NFT tokens may be affected by the blockchain on which the minting process was carried out. Because some blockchains have less developed systems and lower security levels than others.
🌹💠In conclusion, investing in NFT codes has taken the form of a fashion in recent times, and many traders rushed in with the intensity of the growing wave without prior study and little precaution, which exposed many to wasting their money and losing their investments.