Fraud becomes a common problem when an industry starts growing and bringing newcomers. As a result, fraudsters use their cheating schemes to take hold of the assets of people who are not aware of the risks yet. The NFT industry is not an exception.
In the new video, we analyze the most common scam techniques fraudsters come up with in the NFT sphere, advise on how to avoid them, and provide a list of machine-learning solutions that protect users from being trapped.
Chapters:
00:00 Introduction
0:21 What are the most common NFT scams?
1:56 What to do to avoid phishing?
2:07 Attacks via compromised social media accounts
3:23 Trademark infringement & unauthorized name usage
4:29 Plagiarized NFTs & rug pull schemes
6:31 Does machine learning help in fraud detection?
7:45 What ML-powered solutions are out there?
9:28 Final thoughts
Check out the related blog article to find out more about ML solutions in the NFT sphere:
How to Avoid NFT Scams and Detect Fraud with Machine Learning
https://pixelplex.io/blog/machine-lea...
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