Some NFT projects are based on the
Posted: Sun Jan 19, 2025 6:50 am
Some NFT projects are based on the team being completely anonymous. Some cryptocurrencies are the same way. These projects can often be nefarious rugpulls, fakes, scams that will result in you losing your investment.
Many NFT projects now choose to reveal the identities of singapore buy cell phone number list stakeholders, developers, artists, and others involved. In the early days of NFTs, and still now to a degree, the aspect of mystery around NFT projects was part of their appeal.
Several promising and major, high-dollar NFT projects ended up being rugpulls resulting in major losses for people. That’s part of the reason new and some existing NFT projects are now exposing their teams.
If you’re investing, let’s say, a cool million into something it’s nice to know who the people are behind that something. In the case of a business, for instance, I don’t know ANY investors who would drop a milli into a new, unheard of business and not know a single person’s name who was taking their money.
Tracking down the info for the founders, investors, developers, and artists for NFT projects can be straightforward. That’s definitely not always the case though. Tapping into the NFT project’s Discord is usually a good start if the info isn’t available on the project’s website.
Many NFT projects now choose to reveal the identities of singapore buy cell phone number list stakeholders, developers, artists, and others involved. In the early days of NFTs, and still now to a degree, the aspect of mystery around NFT projects was part of their appeal.
Several promising and major, high-dollar NFT projects ended up being rugpulls resulting in major losses for people. That’s part of the reason new and some existing NFT projects are now exposing their teams.
If you’re investing, let’s say, a cool million into something it’s nice to know who the people are behind that something. In the case of a business, for instance, I don’t know ANY investors who would drop a milli into a new, unheard of business and not know a single person’s name who was taking their money.
Tracking down the info for the founders, investors, developers, and artists for NFT projects can be straightforward. That’s definitely not always the case though. Tapping into the NFT project’s Discord is usually a good start if the info isn’t available on the project’s website.