Lessons Learned From NFT Scams

1. The hype around the NFT industry continues to attract more digital artists, celebrities, and fans into online marketplaces. Industry experts agree that we have barely scratched the surface. However, the industry is never far from the headlines, and sometimes, for the wrong reasons. https://www.rev3al.io/ https://www.rev3al.io/ https://www.rev3al.io/ WHAT WE’VE LEARNED FROM NFT SCAMS 1. SCAMMERS ARE GETTING SMARTER, BUT IT HAS ALSO GOTTEN EASIER 2. IT’S NOT ENOUGH TO CHECK AND VERIFY Many artists lose original pieces because of how easy it is for fraudsters to screenshot or copy-paste a digital asset and mint it on NFT marketplaces. Each NFT should first be certified for authenticity and then encoded with multiple layers of security encryption. 3. TRADEMARKING AND AUTHENTICATION BENEFITS EVERYONE 4. NFT MARKETPLACES NEED TO DO MORE In many cases, users have to take responsibility, with platform interference limited to reactions to user complaints. Certifying and trademarking authentic digital artwork prevents scams and helps maintain an asset's value. Improving security and authentication tools helps build trust with users throughout the NFT industry. There is no single solution to the issue of scams and counterfeits on NFT marketplaces. Instead, the industry needs a whole ecosystem of specialized tools to tackle fraud in its various forms. REV3AL technology is a potent multi-layer authentication system that provides seamless API integration to business platforms and NFT marketplaces. Its solutions include a certification and authentication platform that empowers artists to certify their artwork’s originality before minting. Technology-Based on Decades of Anti-Counterfeiting & Brand Protection Experience rev3al.io facebook.com/Rev3alTechnology twitter.com/rev3altech t.me/rev3altech