With the explosion of dodgecoin and wall street bets going mainstream, the number of average joe’s investing has skyrocketed, with both stocks and crypto. With that, comes a wave of new money for scammers to take from these new traders that are more susceptible to scams.
Very Similar, we have seen an explosion of a new market with NFT’s. Already, I have seen countless scams, copyright infringements, and all sorts of no no’s in this new space.
As such, it is no doubt crucial to expand Digital Clinic’s Content Coverage to include such scams within these markets. So expect more of that, for now lets do a basic overview of what Im talking about.
I dont care what space your talking about, there will always be people looking to take advantage of others, so you need to be cautious and careful. Use your gut and common sense, if something doesn’t feel right, or something sounds to good to be true, it probably is. Make sure you do your research.
People want to be able to trust people, and when they hear something to good to be true, they so badly want it to be true, that it will sometimes blind their judgement, that coupled with not being as knowledgeable in a new space can lead to some big mistakes.
These scammers are everywhere, and can be found on trusted platforms, i have seen many starting to use discord to join trading servers.. be aware of scams such as this:
Apart from direct scams like this and dealing with people telling you they can turn your $200 into $2000, sometimes you may find yourself on a scam website somehow, make sure before executing any trades or sharing any private info that you are using a safe and secure trusted site.
The NFT space is in its “Wild wild west” Phase
This NFT space is insane, currently, its running rampant in its wild wild west phase, highly unregulated it seems. I have seen all sorts of people committing copyright infringement, like with the worst companies possible to, i saw someone straight up selling the Nintendo logo!
This is a big no no the world of art, and these people, some may get away with it, but some are in for a rude awakening.
If you are looking to collect NFT’s, make sure you look to see you are actually buying from the real legitimate artist of that piece, otherwise, your NFT is worthless and you’ve just been scammed.
Below is just one scammer, stealing and selling other peoples work, this has always been a thing in the art world, its not new to NFT’s, anyone who didn’t expect this are naive, we must deal with them unfortunately. There are thousands and thousands of people like the man below, this hurts us all. luckily, he has not sold any and many of his NFTs are being taken down!
As you can see, hes trying to sell a drake video, a bbc photograph, GTA V, angry beavers screenshot and many more… he claims to own copyrights, he claims to have permission but in fact these are all lies and he doesnt give a shit… many like him, be careful.