How to spot fake NFTs in 2023?

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If you think you bought an NFT directly from an artist, make sure to check their website and social media accounts to confirm.

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Fraudsters have been known to replicate entire websites, so even if the NFT website looks legitimate, you might be using the wrong URL.

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Check the NFT on a blockchain explorer or NFT marketplace aggregator to verify this.

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Check the floor price for the entire series to see how it compares to the asking price of the NFT in question.

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You should be able to learn the collection’s precise contract address from a reliable source.

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Some NFTs come with authentication certificates that verify their authenticity.

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Look for information about their background and past work, and check to see if they have a reputation for creating genuine NFTs.

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Some NFTs have built-in security measures to prevent counterfeiting, such as watermarks or special coding.

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To avoid fake NFTs, it’s a good idea to stick to well-known and reputable NFT marketplaces.

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Don’t be afraid to ask questions and do your due diligence to ensure that you’re buying a genuine NFT.

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How to spot fake NFTs in 2023?

If you think you bought an NFT directly from an artist, make sure to check their website and social media accounts to confirm.

01.

Legitimacy of the NFT seller

Fraudsters have been known to replicate entire websites, so even if the NFT website looks legitimate, you might be using the wrong URL.

02.

Review the NFT website

Check the NFT on a blockchain explorer or NFT marketplace aggregator to verify this.

03.

Verify NFT sales volume

Check the floor price for the entire series to see how it compares to the asking price of the NFT in question.

04.

Examine the cost of the NFT

You should be able to learn the collection’s precise contract address from a reliable source.

05.

Check the contract address on the NFT

Some NFTs come with authentication certificates that verify their authenticity.

06.

Check for authentication certificates

Look for information about their background and past work, and check to see if they have a reputation for creating genuine NFTs.

07.

Research the artist or creator

Some NFTs have built-in security measures to prevent counterfeiting, such as watermarks or special coding.

08.

Check for watermarks

To avoid fake NFTs, it’s a good idea to stick to well-known and reputable NFT marketplaces.

09.

Use a reputable NFT marketplace

Don’t be afraid to ask questions and do your due diligence to ensure that you’re buying a genuine NFT.

10.

Use common sense

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