Are NFTs really worth it?

Like swapping baseball cards on the playground, NFTs are essentially trading cards for the super-rich. While there’s no inherent value in these cards other than what the market ascribes to them, their fluctuating worth makes their collectability and trading potential like a high-risk gambling game.

What the heck is Cryptoart?

Short answer, crypto art is digital art that is treated like physical art due to the ability to have verified ownership of the piece. Just like an original painting signed by Picasso can have its authenticity and ownership authenticated, crypto art can be verified in the same way using an NFT or a non-fungible token.

Can you create an NFT?

You can download it as a free app on your iPhone or Android smartphone. The price requested to create the NFT is highly volatile. If you’ll mint your NFT on OpenSea, though, the process is free because of the type of token the platform will create, but you still have to connect a wallet to create an account.

Is it possible to get scammed in an online game?

The irony is that, in at least some online games, it’s perfectly legit to scam others within the scope of the gameplay, though not, of course, in the real world! Here are the seven most common types of Internet scams: 1. Cell phone dialers

What are the biggest financial frauds in history?

It’s actually a type of scam known as an “advance-fee scam.” And, in 2014, it was reported that victims of this scam had lost $12.7 billion in the year before. This one has been around for hundreds of years – from the late 18 th century in fact – making it one of the biggest financial frauds in history.

What do you actually get for your money on torrents?

All you actually get for your money is a set of links to file sharing sites whose legality is, at best, dubious. These “torrent” sites enable users to swap games and other files — in most cases, it’s a form of piracy.

What are the most common ways people steal money?

When it comes to making money, investments, saving money, and anything related to money, to be honest, there are a lot of scams out there. Identity theft, bank fraud and outright robbing you aren’t the only way thieves target you. There are tons of other, less assuming, ways fraudsters try to take your money from you illegally.