NFTs are trending in the market; this digital asset is soaring high in the market. Noise is all around that it is a scam, is it? You are mistaken about it if you think it’s a scam or bubble.
These things happen when people start indulging in malicious activities like copying the PFP of NFTs and using illegal ways to rule the market. But we can’t say totally that it is a scam.
Today’s most common type of scam is impersonation. It means creating a copy of the NFT art and committing fraud. Other scams are stolen art and phishing. You should be aware of malpractices, but it is not entirely the truth that NFT is a scam.
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