How to spot a fake NFT? This is a question on the minds of more people as non-fungible tokens take off in the art world. As NFTs help make art profitable again for many traditional and digital artists, plagiarism and fakes are a rising problem.
Artist Adrian Chesterman, who has worked with Steven Spielberg, Andrew Lloyd Webber and Chris Rea, has his own check-list to consider, and we have some good ones in our guide to NFT drops. It’s also good to know where to find art, so take a look at our feature on the best NFT marketplaces.
Adrian Chesterman, has recently created a modern version his illustration for Chris Rea’s album Road to Hell and has it on OpenSea. He has his own ways of protecting himself from being taken in by an NFT fake. He outlines these below.
Spotting a fake NFT
- “First off, the rule of thumb is: If the deal seems too good to be true, that’s because it probably is. Prices of NFTs are based on supply and demand. If an NFT is priced…