I was doing some casual browsing as one does on OpenSea, which led me to the Butterfly of Diamonds...which led me to one particular user selling avatar-looking NFTS! BE warned because they won't be the first ones. Other fakes must already be out there...
Here is an example - spot the fake:
The Butterfly of Diamonds #406 is fake!
The one on the left is fake (#406). Why? Because it doesn't have the blue check mark at the end showing it's from the official collection. Why is this important? Well for someone not knowing how OpenSea works/is trying to buy an NFT on the secondary market...if they don't catch that they could quickly be handing over money for a useless image. It looks so real! But it isn't due to there being no checkmark.
This one butterfly is not an anomaly. Their wallet is littered with other official-looking avatars!
Again the Cheeky Book and Classic Animation look innocent but are fakes due to no blue check marks!
The Butterfly, Meme Team, & Mia are all good-looking fakes.
Another way to verify an NFT belongs to an official Reddit collection is to look for the following:
TLDR: with the explosion in popularity behind our beloved avatar NFTs there seem to be fakes and scammers creating them in an attempt to make a quick buck. Perhaps the metadata for those NFTs is not showing properly...but this user seems to have too many "fakes".
BE WARNED! Reddit will need to work with OpeanSea to make sure others don't get harmed.
Submitted September 27, 2022 at 09:16PM by Roy_Playz https://ift.tt/OCLaBJ9 https://ift.tt/h62fuZ5
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