How to spot a fake NFT?
A short tutorial on how to spot fraud.
Last updated
A short tutorial on how to spot fraud.
Last updated
The first rule of thumb to follow is generally:
If the deal seems too good to be true, that's because it probably is.
In other words, the prices of NFTs on the market are determined based on supply and demand. If an NFT is priced significantly cheaper or more expensive than similar NFTs from the same collection or category, don't rush to purchase it. It may be a fake.
The next step we recommend is checking the authenticity of the NFT by doing a reverse Google image search (or use other preferred tools). If that image already exists elsewhere, check where it is originally from. Unfortunately, this is only applicable to image NFTs for now; it is much harder to verify the authenticity of video and gif NFTs, for example.
If the NFT you suspect to be a fake is part of a well-known collection but isn't directly connected to it, that NFT is most likely, indeed, a fake.
SolSea will selectively verify collections and their creators. When an NFT is part of a verified collection on SolSea, a blue checkmark will appear by its title. The same symbol will be visible next to the title of the connected collection.
Pay attention to whether an NFT is minted on SolSea. If this is the case, that NFT cannot be part of a collection that is minted elsewhere (not on SolSea). This is a sure-fire sign that the NFT in question is a fake.
If you determine that an NFT on SolSea could be a fake, please make sure to report the possible scam attempt by clicking on the "Report a fake" button beneath the title of the NFT in question.
NOTE: This page will be updated regularly with additional information and guidelines.