onXRP, a content-providing platform home to many NFT projects, partnered with Pastel Network, leading NFT technology protocol. This partnership will integrate Pastel’s security measures to the upcoming onXRP NFT marketplace to prevent duplications and scams, which have been rising since mid-2021.
NFT scams are on the rise
The chart below demonstrates the “NFT Scam” searches on Google since last March. It doesn’t give the number of searches but instead gives the number of search numbers concerning overall search history. In other words, zero means there was no significant search that day, while 100 marks an all-time high.
After a sharp increase started in October, “NFT Scam” searches hit an all-time high in January. This was before the famous OpenSea phishing attack. Even though they didn’t make it to the headlines as much as OpenSea did, a few NFT scams took place between mid-December and the end of January. They are not small-size scams either, which tells us they might have caused the all-time peak in the search data.
On…
