The Importance of Authenticity: Avoid Scams with Wakwelis Green Tick Mark

By Lola Coin Jun 29, 202398Views

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Shaame emphasizes the importance of conducting thorough research and verifying the authenticity of transactions and projects in the NFT space. He suggests using tools such as digital notaries and encourages NFT traders to triple-check their transactions and the projects they participate in. Shaame also shares his thoughts on the risks of linking assets to “bitcoin fractions” and highlights the potential of tokenizing real-world assets. He believes that Wakweli, a Layer-1 protocol that issues certificates of authenticity for NFTs and real-world assets, can help users avoid scams by providing a simple way to verify the legitimacy of projects. With Wakweli, individuals can easily share project reviews and increase their value. Overall, Shaame emphasizes the need for caution and research in the NFT space to protect against scams.

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