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🚀🌐 Why You Should Buy $IO Coin! 🌐🚀 Hey Binance Community! Excited to share why #IO Coin is the next big thing in crypto and why you should add it to your portfolio today. 📈 Rapid Growth and Potential Initial Price: Launched at $3 just 24 hours ago.Current Price : Already surged to $4.2! That's a 40% increase in one day, showing strong market confidence. 💡 Innovative Project IO Coin is the backbone of a decentralized cloud computing AI network, aggregating underutilized GPUs for #AI and ML workloads. Decentrelized Infrastructure: Fast, distributed network for efficient, cost-effective computational tasks. AI and ML Focus Accessible compute resources for AI developers. 🔒 Decentralization & Security Data Privacy: Secure, transparent, user-controlled data.Robust Security: SOC2/HIPAA compliance and end-to-end encryption. 🌍 Real-World Applications Perfect for AI-Driven applications and scalable enterprise solutions, driving demand and increasing value. 💰 Strong Financials Initial Supply: 800 million IO Coins. Rising Value: Quick price surge backed by leading investors like HackVC and Multicoin Capital. 🏅 Join the Early Adopters Get in on the ground floor of a project with immense growth potential. 📣 Community and Support Join the growing IO Community of supporters and developers on #Discord follow their social media, and participate in AMAs. 🔥 Conclusion IO Coin is more than just a #cryptocurrency ; it's a gateway to the future of decentralized computing and AI. With strong financial backing and real-world applications, it's poised for significant strides in the crypto space. 🌐 How to Get Started Sign Up: Register on io.net. Set Up: Follow the guide to set up your worker node.Engage: Join the community on Discord and participate in AMAs. 🔗 Act Now! Don’t miss out on this opportunity to invest in IO Coin while it’s still in its early stages. 🚀🚀 $SOL $IO Happy trading! 💹
🚀🌐 Why You Should Buy $IO Coin! 🌐🚀

Hey Binance Community!

Excited to share why #IO Coin is the next big thing in crypto and why you should add it to your portfolio today.

📈 Rapid Growth and Potential

Initial Price: Launched at $3 just 24 hours ago.Current Price : Already surged to $4.2! That's a 40% increase in one day, showing strong market confidence.

💡 Innovative Project

IO Coin is the backbone of a decentralized cloud computing AI network, aggregating underutilized GPUs for #AI and ML workloads.

Decentrelized Infrastructure: Fast, distributed network for efficient, cost-effective computational tasks.

AI and ML Focus Accessible compute resources for AI developers.

🔒 Decentralization & Security

Data Privacy: Secure, transparent, user-controlled data.Robust Security: SOC2/HIPAA compliance and end-to-end encryption.

🌍 Real-World Applications

Perfect for AI-Driven applications and scalable enterprise solutions, driving demand and increasing value.

💰 Strong Financials

Initial Supply: 800 million IO Coins.

Rising Value: Quick price surge backed by leading investors like HackVC and Multicoin Capital.

🏅 Join the Early Adopters

Get in on the ground floor of a project with immense growth potential.

📣 Community and Support

Join the growing IO Community of supporters and developers on #Discord follow their social media, and participate in AMAs.

🔥 Conclusion

IO Coin is more than just a #cryptocurrency ; it's a gateway to the future of decentralized computing and AI.
With strong financial backing and real-world applications, it's poised for significant strides in the crypto space.

🌐 How to Get Started

Sign Up: Register on io.net.
Set Up: Follow the guide to set up your worker node.Engage: Join the community on Discord and participate in AMAs.

🔗 Act Now! Don’t miss out on this opportunity to invest in IO Coin while it’s still in its early stages. 🚀🚀

$SOL $IO

Happy trading! 💹
Congratulations UniLend Discord Frenzy First Week Winners🎉  🌟To heat up things in our #Discord , we organised giveaway for community members! 🏆 Top 2 Invitees: ฿eAsT MoDe#9241 buryc47 🏆 Top 2 Active Members: succinct7779 adeshina01 🕒 If you missed out on the first week, fret not—brace yourselves for second week!  Participate Here to Win➡️ https://gleam.io/z9yM7/unilend-discord-frenzy-participate-win-100-in-uft-giveaway ⏰ Campaign is now LIVE till 24th January, 11:59 PM UTC! $UFT
Congratulations UniLend Discord Frenzy First Week Winners🎉 

🌟To heat up things in our #Discord , we organised giveaway for community members!

🏆 Top 2 Invitees:
฿eAsT MoDe#9241
buryc47

🏆 Top 2 Active Members:
succinct7779
adeshina01

🕒 If you missed out on the first week, fret not—brace yourselves for second week! 

Participate Here to Win➡️ https://gleam.io/z9yM7/unilend-discord-frenzy-participate-win-100-in-uft-giveaway

⏰ Campaign is now LIVE till 24th January, 11:59 PM UTC!

$UFT
Shiba Inu Leader Creates New Discord For Shibarium. The server was unveiled alongside the release of the official Shibarium documentation, which is aimed at providing more insight into the layer-2 network. #Binance #crypto2023 #SHIB #Discord
Shiba Inu Leader Creates New Discord For Shibarium.
The server was unveiled alongside the release of the official Shibarium documentation, which is aimed at providing more insight into the layer-2 network.
#Binance #crypto2023 #SHIB #Discord
💰 Polygon regains access to Discord server following security breachPolygon suffered a security breach today as hackers took over its community Discord channel for approximately three hours. The breach, which led to scammers infiltrating the channel and targeting users, has now been resolved. #Polygon #Discord #SecurityFirst

💰 Polygon regains access to Discord server following security breach

Polygon suffered a security breach today as hackers took over its community Discord channel for approximately three hours.
The breach, which led to scammers infiltrating the channel and targeting users, has now been resolved.

#Polygon #Discord #SecurityFirst
A Deeper Look into the Hype of Decentralized AI: My Perspective as the Founder of Devolved AIArticle made by DevolvedAi founder on X. #NathanPeterson As the founder of @devolvedai, I’ve spent a considerable amount of time exploring the potential and the reality of decentralized AI. There’s no shortage of buzz around this concept, with numerous projects claiming to push the boundaries of what decentralized AI can achieve. But the truth is, while many of these initiatives contribute valuable pieces to the puzzle, few, if any, are truly working towards a fully decentralized AI system. Let’s take a closer look at the current landscape of decentralized AI and how Devolved AI is striving to accomplish what no one else is—creating an AI that is decentralized in every sense of the word. The Decentralized AI Landscape: What’s Really Going On? Decentralized AI is often touted as the future of artificial intelligence—a way to democratize AI development and prevent the monopolization of this powerful technology. But when we examine the projects leading this charge, we see that most are focused on decentralizing specific components of AI, not the entire system. Take @ASI_Alliance, for example. ASA is an ambitious project aiming to create superintelligent AI. Their approach is decentralized in the sense that they distribute the research, data, and resources necessary for this monumental task. It’s a noble effort, but it stops short of decentralizing the entire AI ecosystem. Then there’s @opentensor, a project designed to decentralize the training of AI models. Bittensor allows developers to leverage a distributed network of nodes for training, rewarding participants with the network’s native token, $TAO. This decentralization of the training process is crucial, but it’s still just one piece of the AI puzzle. @rendernetwork is another key player, providing a decentralized platform for GPU rendering, which is essential for AI and other high-performance tasks. By connecting those who need computational power with those who have it, Render Network helps lower costs and increase accessibility. Again, this is a critical component of decentralizing AI, but it doesn’t cover the entire scope. What’s Missing? The Need for Full Decentralization The projects mentioned above are undoubtedly making strides in decentralizing aspects of AI, but they don’t address the full picture. Decentralizing AI isn’t just about spreading out data, computation, or specific processes—it’s about creating an entire ecosystem where every aspect of AI is decentralized, from the ground up. This is where Devolved AI comes in. At Devolved AI, we’re not just decentralizing parts of the AI process; we’re decentralizing the entire system. Our mission is to build the first truly decentralized large language model that’s powered by the people, for the people. How Devolved AI is Different: Decentralization at Every Level With Devolved AI, we’re decentralizing every aspect of AI development. Our core LLM, Athena AI, is trained using a unique federated learning system that distributes the training process across a global network of GPUs. This ensures that no single entity controls the training or development of the AI. We also store all datasets and training information on a decentralized storage network, @Stratos_Network, with every piece of data documented on the blockchain through a system we call Proof of Training (PoT). This transparency means that the entire community can verify and audit the AI’s development at any time. But we’re not stopping there. Our roadmap includes transitioning Athena to run entirely on a decentralized global network of GPUs by 2025. This will remove any dependence on central servers, making Athena AI the most decentralized AI ever created. Why This Matters: The Future of AI Depends on True Decentralization Decentralizing AI isn’t just a trend—it’s a necessity for the future of artificial intelligence. If we continue down the path of centralized AI development, we risk placing too much power in the hands of a few, potentially leading to misuse or exploitation of this technology. At Devolved AI, we believe that AI should be controlled by the people who use it, not by corporations or centralized entities. That’s why we’re committed to creating a fully decentralized AI system—one where every decision, every dataset, and every computation is distributed and transparent. In conclusion, while many projects contribute valuable components to the decentralized AI movement, Devolved AI is the only project that is truly working towards a fully decentralized AI ecosystem. We’re not just decentralizing parts of AI; we’re decentralizing the entire system, ensuring that the future of AI is in the hands of the people, where it belongs. $AGC $MATIC #DevolvedAi #Argochain #Argoswap #Discord #Twitter

A Deeper Look into the Hype of Decentralized AI: My Perspective as the Founder of Devolved AI

Article made by DevolvedAi founder on X. #NathanPeterson
As the founder of @devolvedai, I’ve spent a considerable amount of time exploring the potential and the reality of decentralized AI. There’s no shortage of buzz around this concept, with numerous projects claiming to push the boundaries of what decentralized AI can achieve. But the truth is, while many of these initiatives contribute valuable pieces to the puzzle, few, if any, are truly working towards a fully decentralized AI system.

Let’s take a closer look at the current landscape of decentralized AI and how Devolved AI is striving to accomplish what no one else is—creating an AI that is decentralized in every sense of the word.

The Decentralized AI Landscape: What’s Really Going On?

Decentralized AI is often touted as the future of artificial intelligence—a way to democratize AI development and prevent the monopolization of this powerful technology. But when we examine the projects leading this charge, we see that most are focused on decentralizing specific components of AI, not the entire system.

Take @ASI_Alliance, for example. ASA is an ambitious project aiming to create superintelligent AI. Their approach is decentralized in the sense that they distribute the research, data, and resources necessary for this monumental task. It’s a noble effort, but it stops short of decentralizing the entire AI ecosystem.

Then there’s @opentensor, a project designed to decentralize the training of AI models. Bittensor allows developers to leverage a distributed network of nodes for training, rewarding participants with the network’s native token, $TAO. This decentralization of the training process is crucial, but it’s still just one piece of the AI puzzle.

@rendernetwork is another key player, providing a decentralized platform for GPU rendering, which is essential for AI and other high-performance tasks. By connecting those who need computational power with those who have it, Render Network helps lower costs and increase accessibility. Again, this is a critical component of decentralizing AI, but it doesn’t cover the entire scope.

What’s Missing? The Need for Full Decentralization

The projects mentioned above are undoubtedly making strides in decentralizing aspects of AI, but they don’t address the full picture. Decentralizing AI isn’t just about spreading out data, computation, or specific processes—it’s about creating an entire ecosystem where every aspect of AI is decentralized, from the ground up. This is where Devolved AI comes in.

At Devolved AI, we’re not just decentralizing parts of the AI process; we’re decentralizing the entire system. Our mission is to build the first truly decentralized large language model that’s powered by the people, for the people.

How Devolved AI is Different: Decentralization at Every Level

With Devolved AI, we’re decentralizing every aspect of AI development. Our core LLM, Athena AI, is trained using a unique federated learning system that distributes the training process across a global network of GPUs. This ensures that no single entity controls the training or development of the AI.

We also store all datasets and training information on a decentralized storage network, @Stratos_Network, with every piece of data documented on the blockchain through a system we call Proof of Training (PoT). This transparency means that the entire community can verify and audit the AI’s development at any time.

But we’re not stopping there. Our roadmap includes transitioning Athena to run entirely on a decentralized global network of GPUs by 2025. This will remove any dependence on central servers, making Athena AI the most decentralized AI ever created.

Why This Matters: The Future of AI Depends on True Decentralization

Decentralizing AI isn’t just a trend—it’s a necessity for the future of artificial intelligence. If we continue down the path of centralized AI development, we risk placing too much power in the hands of a few, potentially leading to misuse or exploitation of this technology.

At Devolved AI, we believe that AI should be controlled by the people who use it, not by corporations or centralized entities. That’s why we’re committed to creating a fully decentralized AI system—one where every decision, every dataset, and every computation is distributed and transparent.

In conclusion, while many projects contribute valuable components to the decentralized AI movement, Devolved AI is the only project that is truly working towards a fully decentralized AI ecosystem. We’re not just decentralizing parts of AI; we’re decentralizing the entire system, ensuring that the future of AI is in the hands of the people, where it belongs.

$AGC $MATIC #DevolvedAi #Argochain #Argoswap #Discord #Twitter
I get asked a lot will $THE cost $10?This is the wrong question. You should ask WEN? Soon! Why? Because I'm confident in the team of #Thena project, I want to tell you about now! Let's go🔥 THESEUS - @Theseus_fi CEO & Co-founder.😎 Self-made tokenomist. In Web3 from 2020. $THE generator of ideas and always open to communication. APOLLO - @0xApolloFi CMO & Co-founder.🧧 #DeFi professional and enthusiastic. He's in constant search for new knowledge and lifebalance. XERMES - @XermesThena Community Lead & Co-founder.🤝 $THE most organized member of the team because he does not respect chaos. Likes to develop clear structures and reliable processes. PANTHEON - @PantheonFi Thena Zealy Wizard.✨ He's not a person, he's real wizard. Open 24/7 to answer everyone in chat, DM and also check all zealy sprint members tasks. You can always contact these people in chat or DM and get an answer! So welcome to Thena #Discord 👇 https://discord.gg/UuPdXtdP

I get asked a lot will $THE cost $10?

This is the wrong question. You should ask WEN? Soon! Why?
Because I'm confident in the team of #Thena project, I want to tell you about now!
Let's go🔥

THESEUS - @Theseus_fi

CEO & Co-founder.😎
Self-made tokenomist. In Web3 from 2020.
$THE generator of ideas and always open to communication. APOLLO - @0xApolloFi

CMO & Co-founder.🧧
#DeFi professional and enthusiastic.
He's in constant search for new knowledge and lifebalance. XERMES - @XermesThena

Community Lead & Co-founder.🤝
$THE most organized member of the team because he does not respect chaos.
Likes to develop clear structures and reliable processes.
PANTHEON - @PantheonFi

Thena Zealy Wizard.✨
He's not a person, he's real wizard.
Open 24/7 to answer everyone in chat, DM and also check all zealy sprint members tasks.
You can always contact these people in chat or DM and get an answer!
So welcome to Thena #Discord 👇
https://discord.gg/UuPdXtdP
LIVE
--
Bearish
$DOGE TP 2 hit in 35 minutes. Remember your paid groups selling you for $150 a month don't have the balls to post a signal in these market scenarios. While we are just giving you chumps from our discord and even they're hitting 60% ROIs. $BTC $ETH we told you, we won't give you lectures we just post our market analysis and trade signals in our discord. All you need to do is enter and exit at specific points we mention based on technical analysis. If you can't do that you don't belong with us. Ask for discord if interested. #Futures_Trading #Discord #TradeSignals #ProfitableStrategies
$DOGE TP 2 hit in 35 minutes.
Remember your paid groups selling you for $150 a month don't have the balls to post a signal in these market scenarios. While we are just giving you chumps from our discord and even they're hitting 60% ROIs. $BTC $ETH
we told you, we won't give you lectures we just post our market analysis and trade signals in our discord. All you need to do is enter and exit at specific points we mention based on technical analysis. If you can't do that you don't belong with us.
Ask for discord if interested.
#Futures_Trading #Discord #TradeSignals #ProfitableStrategies
Can Status Rise from the Ashes of a Failed ICO? 🤔 Remember the 2017 ICO frenzy? A forgotten messaging app from that era, #Status , is making a shocking comeback! After near silence and even a lawsuit, Status is now one of the #crypto world's most actively developed projects. They're building a messaging app with crypto payments and community features, aiming to take on giants like #Discord . Can this phoenix rise from the ashes or is this just another false start? #Binance #crypto2024
Can Status Rise from the Ashes of a Failed ICO? 🤔

Remember the 2017 ICO frenzy? A forgotten messaging app from that era, #Status , is making a shocking comeback!

After near silence and even a lawsuit, Status is now one of the #crypto world's most actively developed projects.

They're building a messaging app with crypto payments and community features, aiming to take on giants like #Discord . Can this phoenix rise from the ashes or is this just another false start?

#Binance
#crypto2024
LIVE
--
Bullish
#PolygonGrowth polygon mathic best and biggest airdrop get free 3 polygon mathic daily instant withdrawal just join and connect wallet and complete missions easy #TwitterX #Discord #Telegram mission join now link first comment hip hip hurry 🥰🥰 #Write2Earn $BTC $SOL $XRP chake first comment and follow for more
#PolygonGrowth polygon mathic best and biggest airdrop get free 3 polygon mathic daily instant withdrawal just join and connect wallet and complete missions easy #TwitterX #Discord #Telegram mission join now link first comment hip hip hurry 🥰🥰
#Write2Earn $BTC $SOL $XRP chake first comment and follow for more
LIVE
--
Bearish
#zachxbt @Immutable #Discord server was compromised for a brief period over the weekend and your team made zero announcements warning the community and has not published any post mortem on X/Twitter or Discord. Comes across as if you are trying to cover up the security incident….
#zachxbt

@Immutable #Discord server was compromised for a brief period over the weekend and your team made zero announcements warning the community and has not published any post mortem on X/Twitter or Discord.

Comes across as if you are trying to cover up the security incident….
#Crypto enthusiasts, gather 'round!📣 Gear up for our #Discord Frenzy & Win $200 in UFT🎉 🌶️ We're turning up the heat in our Discord server, giving away $200 in UFT to our incredible community! How to Win?👇 ​✅RT, Follow @UniLendFinance ​✅Join UniLend's Discord Server: https://discord.gg/zCD468CxRn ✅Participate Here to Win: https://gleam.io/z9yM7/unilend-discord-frenzy-participate-win-100-in-uft-giveaway ⏰ Campaign is now LIVE till 24th January, 11:59 PM UTC! 🎁Each week top 2 invitees and top 2 active users on Discord will win $25 in UFT each. Join us in the fun, and let the Discord celebration begin!🥂 $UFT
#Crypto enthusiasts, gather 'round!📣

Gear up for our #Discord Frenzy & Win $200 in UFT🎉

🌶️ We're turning up the heat in our Discord server, giving away $200 in UFT to our incredible community!

How to Win?👇

​✅RT, Follow @UniLend Finance
​✅Join UniLend's Discord Server: https://discord.gg/zCD468CxRn
✅Participate Here to Win: https://gleam.io/z9yM7/unilend-discord-frenzy-participate-win-100-in-uft-giveaway

⏰ Campaign is now LIVE till 24th January, 11:59 PM UTC!

🎁Each week top 2 invitees and top 2 active users on Discord will win $25 in UFT each.

Join us in the fun, and let the Discord celebration begin!🥂

$UFT
BNB CHAIN SEPTEMBER DIGESTThe project team of #Thena keeps building on #BNBChain⚡️ despite hard times. Let me introduce last $BNB news. Amazing news for #stablecoin users❗ GAS-FREE CARNIVAL SEASON Zero gas fees on stablecoin withdrawals are provided🍀 Are you waiting for this? Telegram apps on BSC are coming! What should it be? How will it be used? Looking forward to it. Hot Memes Season or what? New record of tokens created in a single day has been broken. Over 20K tokens on pump.fun We can see the clear trend of increasing stablecoins turnover, where BNBChain takes a worthy place💪 Also you can find new #DEFİ projects on BNBchain below: 🌟Contango 🌟ReHold 🌟RNDM 🌟SOFA 🌟and others As you understand, BNBchain is developing, the new projects are coming out. Therefore, the THENA team monitors the latest innovations of the network and quickly adapts to new conditions. Let' support THENA. If you have some questions you can always find the answers in THENA #Discord channel

BNB CHAIN SEPTEMBER DIGEST

The project team of #Thena keeps building on #BNBChain⚡️ despite hard times. Let me introduce last $BNB news.

Amazing news for #stablecoin users❗

GAS-FREE CARNIVAL SEASON

Zero gas fees on stablecoin withdrawals are provided🍀

Are you waiting for this?

Telegram apps on BSC are coming!

What should it be? How will it be used?

Looking forward to it.

Hot Memes Season or what?

New record of tokens created in a single day has been broken.

Over 20K tokens on pump.fun

We can see the clear trend of increasing stablecoins turnover,

where BNBChain takes a worthy place💪

Also you can find new #DEFÄ° projects on BNBchain below:

🌟Contango

🌟ReHold

🌟RNDM

🌟SOFA

🌟and others

As you understand, BNBchain is developing, the new projects are coming out.

Therefore, the THENA team monitors the latest innovations of the network
and quickly adapts to new conditions.

Let' support THENA.

If you have some questions you can always find the answers in THENA #Discord channel
Advanced DEX on BNB Chain and opBNB!It's not just the DEX! This is THE ULTIMATE Decentralized exchange with many crypto ways on #BNBChain⚡️ and #opBNB Discover #Thena World🚀 💥Spot trading (swap, TWAP, limits) 💥Perps trading on ALPHA ( over 150 crypto pairs with leverage up to 60x) 💥Cross-chain swapping 💥Easy crypto buying by fiat 💥Using the liquidity pools for add income Have some questions - welcome to friendly project #Discord 😍 💥open 24/7 💥direct chat to CEO 💥excellent competent community

Advanced DEX on BNB Chain and opBNB!

It's not just the DEX!
This is THE ULTIMATE Decentralized exchange with many crypto ways on #BNBChain⚡️ and #opBNB

Discover #Thena World🚀
💥Spot trading (swap, TWAP, limits)
💥Perps trading on ALPHA ( over 150 crypto pairs with leverage up to 60x)
💥Cross-chain swapping
💥Easy crypto buying by fiat
💥Using the liquidity pools for add income

Have some questions - welcome to friendly project #Discord 😍
💥open 24/7
💥direct chat to CEO
💥excellent competent community
BNB CHAIN AS THE CRYPTO LEADER!What is happened on #BNBChain⚡️ lately? First of all is the amazing results of #Thena hard work - $22,000,000 total revenue! Congrats the project team and all community🔥 BNB Chain Hachathon 2024 Q3 has been extend to Aug 28! Great news👍 This means more news, interesting and useful information and of course active Thena participation in this. Become a Champion Builder bro💪 Don't know how does #Governance token work? Don't worry! Just read useful blog article about $BNB Chain Governance process in a nutshell [read more](https://www.bnbchain.org/en/blog/bnb-chain-governance-upgrades-post-bc-fusion) I liked it😍 Do you know the leader of daily transactions by chain? No?! It's #opbnb bro where Thena project builds it's power too🤑 Do you see something great? No?! 4th place of THENA by TVL on opBNB and the project doesn't start its engine yet. The great news become soon. Just follow THENA😎 Have questions - welcome to #Discord : https://discord.gg/Z8xhnwKs

BNB CHAIN AS THE CRYPTO LEADER!

What is happened on #BNBChain⚡️ lately?

First of all is the amazing results of #Thena hard work - $22,000,000 total revenue!
Congrats the project team and all community🔥

BNB Chain Hachathon 2024 Q3 has been extend to Aug 28!
Great news👍
This means more news, interesting and useful information and of course active Thena participation in this. Become a Champion Builder bro💪

Don't know how does #Governance token work?
Don't worry! Just read useful blog article about $BNB Chain Governance process in a nutshell read more
I liked it😍

Do you know the leader of daily transactions by chain? No?!
It's #opbnb bro where Thena project builds it's power too🤑

Do you see something great? No?!
4th place of THENA by TVL on opBNB and the project doesn't start its engine yet. The great news become soon. Just follow THENA😎
Have questions - welcome to #Discord : https://discord.gg/Z8xhnwKs
Common Scams to Avoid in the NFT SpaceThe NFT space is brimming with exciting opportunities, but like any new frontier, it also attracts those looking to exploit unsuspecting users. Here’s a heads-up on some common NFT scams to keep your digital assets safe: Fake Websites Be cautious of websites that appear to be official #NFT project sites or popular marketplaces like #OpenSea . These replicas aim to trick users into connecting their crypto wallets, leading to potential theft. Always double-check website links before clicking. Reliable sources for official links are usually project Discords (locked Announcement or FAQ channels) or verified X/Twitter pages. Savvy collectors recommend checking comments on project social media channels before minting. Online communities often expose scams, so a watchful eye can save you a headache. If unsure about an NFT’s legitimacy but still tempted, consider using a separate wallet with only the necessary funds to minimize risk. Remember, staying safe starts with thorough research! Fake Collections Be wary of deals that seem too good to be true. Don’t jump on that 1 $ETH CryptoPunk just yet! Verify the NFT belongs to an authentic collection and isn’t a copycat. Popular marketplaces like OpenSea typically mark verified collections with a special tag. Some scammers try to mimic this by incorporating a fake verification tick in their collection’s logo. To be certain, hover over the blue tick on OpenSea. If it displays “Verified Collection,” you’re likely on the right track. For collections lacking a “Verified Collection” tag, it’s wise to consult the official project website and community channels. Look for a match between the contract addresses advertised there and the one associated with the NFT you’re considering. Impersonation Shenanigans Impersonation scams are nothing new, and unfortunately, they’re alive and well in the crypto world. Phishing attempts often involve scammers posing as project customer support to target vulnerable users seeking help. Their goal? Stealing personal details and sensitive information like your wallet seed phrase. Fake Giveaways Fake giveaways are another common trick. They lure users into connecting their wallets with a phony website or surrendering their private keys. If successful, scammers can drain the user’s wallet entirely. In some cases, cunning hackers may even hijack a project’s social media or Discord accounts. This allows them to distribute fake “official links” through seemingly legitimate channels, potentially deceiving even cautious users. A notorious example involved a hack on Beeple’s #Discord leading to a user losing a significant amount of ETH. There’s no foolproof way to prevent such incidents, but exercising due diligence is key. Cross-check information across different sources (project website, #Twitter Discord, #Telegram ) before making any purchases or mints. Unsolicited DMs As you delve deeper into the NFT space, brace yourself for unsolicited direct messages (DMs) or spam from other users on Discord. Avoid clicking on links shared through DMs, a common tactic scammers use to distribute phishing websites aiming to steal private keys. Thankfully, Discord’s privacy settings allow you to filter out messages from non-friends, offering an extra layer of protection. Lowball Offers While not technically a scam, lowball bids are a prevalent practice that both new and experienced collectors should be aware of. It’s common to receive a number of offers, especially for popular collections or rare pieces. Scrutinize the offer’s denomination carefully. Is it in ETH, $DAI $USDC or another token entirely? For instance, an offer of 1.25 $ETH for a particular NFT might seem reasonable, but 1.25 USDC is undoubtedly not. In this scenario, the bidder hopes the owner mistakenly accepts the significantly lower offer. Be on the lookout for such tactics! Final Thoughts: The world of NFTs offers exciting possibilities, but remember, there will always be those seeking to exploit vulnerabilities. By applying basic cybersecurity practices, you can navigate this new frontier with confidence: Never share your wallet seed phrase.Double-check and verify all links before clicking.Cross-reference information from different sources.Use a separate wallet for untrusted sites.Always conduct your own research before investing. Post originally published at https://notfungible.space/features/stay-alert-common-pitfalls-to-avoid-in-the-nft-market

Common Scams to Avoid in the NFT Space

The NFT space is brimming with exciting opportunities, but like any new frontier, it also attracts those looking to exploit unsuspecting users. Here’s a heads-up on some common NFT scams to keep your digital assets safe:
Fake Websites

Be cautious of websites that appear to be official #NFT project sites or popular marketplaces like #OpenSea . These replicas aim to trick users into connecting their crypto wallets, leading to potential theft. Always double-check website links before clicking. Reliable sources for official links are usually project Discords (locked Announcement or FAQ channels) or verified X/Twitter pages.

Savvy collectors recommend checking comments on project social media channels before minting. Online communities often expose scams, so a watchful eye can save you a headache. If unsure about an NFT’s legitimacy but still tempted, consider using a separate wallet with only the necessary funds to minimize risk. Remember, staying safe starts with thorough research!
Fake Collections
Be wary of deals that seem too good to be true. Don’t jump on that 1 $ETH CryptoPunk just yet! Verify the NFT belongs to an authentic collection and isn’t a copycat. Popular marketplaces like OpenSea typically mark verified collections with a special tag.

Some scammers try to mimic this by incorporating a fake verification tick in their collection’s logo. To be certain, hover over the blue tick on OpenSea. If it displays “Verified Collection,” you’re likely on the right track. For collections lacking a “Verified Collection” tag, it’s wise to consult the official project website and community channels.

Look for a match between the contract addresses advertised there and the one associated with the NFT you’re considering.
Impersonation Shenanigans

Impersonation scams are nothing new, and unfortunately, they’re alive and well in the crypto world. Phishing attempts often involve scammers posing as project customer support to target vulnerable users seeking help. Their goal? Stealing personal details and sensitive information like your wallet seed phrase.
Fake Giveaways
Fake giveaways are another common trick. They lure users into connecting their wallets with a phony website or surrendering their private keys. If successful, scammers can drain the user’s wallet entirely.

In some cases, cunning hackers may even hijack a project’s social media or Discord accounts. This allows them to distribute fake “official links” through seemingly legitimate channels, potentially deceiving even cautious users. A notorious example involved a hack on Beeple’s #Discord leading to a user losing a significant amount of ETH.

There’s no foolproof way to prevent such incidents, but exercising due diligence is key. Cross-check information across different sources (project website, #Twitter Discord, #Telegram ) before making any purchases or mints.
Unsolicited DMs
As you delve deeper into the NFT space, brace yourself for unsolicited direct messages (DMs) or spam from other users on Discord. Avoid clicking on links shared through DMs, a common tactic scammers use to distribute phishing websites aiming to steal private keys. Thankfully, Discord’s privacy settings allow you to filter out messages from non-friends, offering an extra layer of protection.
Lowball Offers

While not technically a scam, lowball bids are a prevalent practice that both new and experienced collectors should be aware of. It’s common to receive a number of offers, especially for popular collections or rare pieces. Scrutinize the offer’s denomination carefully. Is it in ETH, $DAI $USDC or another token entirely?

For instance, an offer of 1.25 $ETH for a particular NFT might seem reasonable, but 1.25 USDC is undoubtedly not. In this scenario, the bidder hopes the owner mistakenly accepts the significantly lower offer. Be on the lookout for such tactics!
Final Thoughts:
The world of NFTs offers exciting possibilities, but remember, there will always be those seeking to exploit vulnerabilities. By applying basic cybersecurity practices, you can navigate this new frontier with confidence:

Never share your wallet seed phrase.Double-check and verify all links before clicking.Cross-reference information from different sources.Use a separate wallet for untrusted sites.Always conduct your own research before investing.

Post originally published at https://notfungible.space/features/stay-alert-common-pitfalls-to-avoid-in-the-nft-market
The #JOE Community is a strong Community Join today and discover your inner JOE Enter the Trader Joe #Discord and connect to Guild.xyz
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