Impersonation Scams: Fraudsters pose as well-known artists, creators, or popular NFT projects to sell fake or counterfeit NFTs. Buyers may think they are purchasing genuine items, while they end up paying for tokens that have no real value or official backing. This scam exploits the reputation of trusted names to attract unsuspecting collectors.
Before purchasing or minting NFTs, make sure the sources are legitimate, by visiting their official websites, social media accounts, and smart contract addresses. Free offerings, such as airdrops that ask for wallet keys or personal information should be avoided, as legitimate projects never ask for private credentials. Consider researching in-depth by looking into the community, team, and roadmap, because projects that are transparent and verifiable are less likely to be scams.
