With the World Cup just around the corner, scammers are already preparing to take advantage of unsuspecting fans. One of the scams that has been popping up recently is related to NFTs, or non-fungible tokens. NFTs have been all the rage lately, with people spending big money on virtual items that have no real-world value. And scammers are now trying to cash in on this craze by selling fake NFTs. NFT Scams at World Cup have increased drastically. So if you’re planning on buying any NFTs related to the World Cup, be sure to do your research first. There are already a few reports of people being scammed out of thousands of dollars, so it’s better to be safe than sorry.
Ronaldo and Messi introduce their own NFT range
In what could be a world first, football superstars Ronaldo and Messi have introduced their own range of NFTs. The two players have teamed up with blockchain platform Sorare to release a series of digital trading cards, which are available in both limited edition and one-of-a-kind versions.
The cards can be bought and sold on the Sorare website, and each one is stored securely on the Ethereum blockchain. The limited edition cards are priced at around $9 each, while the one-of-a-kind cards are worth significantly more.
So far, there have been no reported instances of fraud or scams associated with the Ronaldo and Messi NFTs. However, given the popularity of both players, it’s likely that scammers will try to take advantage of unsuspecting fans.
If you’re thinking about buying an NFT, be sure to do your research first and only buy from reputable sources. And if you’re offered an NFT for free, be extra careful – it could be a scam!
NFT sellers attempt to profit from Queen Elizabeth II’s passing
It has been reported that some NFT sellers are attempting to profit from the death of Queen Elizabeth II. These sellers are offering virtual tokens that supposedly commemorate the event, but in reality, they are nothing more than digital files with no value.
There is no reason to believe that these NFTs will have any value whatsoever, and anyone who purchases them is likely to be disappointed.
How to steer clear of NFT scams?
NFT scams are becoming more and more common, especially during high-profile events like the World Cup. Here are some tips to help you steer clear of them:
1. Do your research. If you’re not familiar with an NFT project, take some time to research it before investing. There are many scams out there, so it’s important to be as informed as possible before making any decisions.
2. Be cautious of promises of high returns. Many NFT scams will try to lure you in with promises of unrealistic returns. Remember that if something sounds too good to be true, it probably is.
3. Don’t send funds to anonymous addresses. When dealing with NFTs, always make sure you know who you’re sending money to. Scammers often create fake addresses in order to steal funds from unsuspecting investors.
4. Beware of fake websites and social media accounts. Scammers will often create fake websites or social media accounts in order to promote their scammy projects. Before investing in anything, make sure you do your due diligence and check for red flags like these.
5. Ask questions and get clarification if needed. If you’re ever unsure about something, don’t hesitate to ask questions or seek clarification from the project team. A legitimate team should have nothing to hide and should be happy to answer any of your questions.
Read our article on NFT Scams for further Details.