Internet safety tips are as old as the internet itself. But new as they are, players of NFT games can become victims of many scams. For example, the Evolved Apes scam in October 2021: after raising around $2.7 million, the creator, Evil Ape, disappeared along with 10,000 promised NFTs leaving eager investors with crippling losses.
The fact that NFT gaming platforms are still budding allows scammers to impersonate legitimate marketplaces and pull off a jarring variety of scams. Fortunately, with just a bit of caution, you can save yourself from being duped.
What to watch out for
First and foremost, do your research. Take a look at the games background, team, customer reviews, and more before you buy their NFTs. Explore their community on social media (Especially Discord and Twitter) and see what others are saying about it. Make sure that they are a project that regularly interacts with and caters to the user base. Read the whitepaper thoroughly and ensure that their partners and modes of revenue generation are legitimate.
Also important is to check whether their updates agree with their roadmap. Watch out for fishy giveaways. When in doubt, remember stranger danger. If you havent heard of a platform, never open files or accept airdrops. Lastly, confirm the veracity of the NFT. Blockchain explorers like Etherscan or BscScan can help you validate the NFTs.
A Last Warning
No matter how secure blockchain technology is, there are some who find their way around it. Legitimate NFT gaming marketplaces ALWAYS have detailed explanations on their whitepaper. They are driven by community engagement and interaction. With just a few precautions, you can ensure that you have the best possible gaming experience, unsullied by scams.
