Whether it’s scams, rug pulls, or just plain theft, the emerging world of NFTs can seem like a dangerous place to be. It’s become such a ripoff, even The Sex Pistols have brought out a set.
This week, legendary actor Sir Anthony Hopkins asked Twitter for advice on buying his first NFT. He seems like a nice old gent and we’d hate to see him get scammed, so here at Planet Crypto we’ve prepared a handy guide to help Sir Anthony, and any of our readers looking to get into NFTs, how to tell a genuine Non Fungible Token from a cynical scam.
Scam or NFT?
|Does it seem to be more about hype than quality?||It’s an NFT.|
|Is it by an artist you’ve never heard of?||It’s an NFT.|
|Does it look way overpriced?||It’s an NFT.|
|Does it look like a child could have drawn it?||It’s an NFT.|
|Does it look like a lazy copy of an existing NFT?||It’s an NFT.|
|Does it look like it has no artistic or financial value?||It’s an NFT.|
|Does it seem like a complete scam?||It’s an NFT.|