• Post published:November 24, 2023
  • Reading time:8 mins read

We can help with your art and antique sales so you can protect yourself from fraud

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In recent months, we have observed with concern the proliferation of scams affecting artists on all social media platforms. Unscrupulous scammers have intensified their activities, particularly on platforms like Instagram and Facebook, where artists from around the world share their work. It's regrettable to see how these individuals exploit the illusion of genuine opportunities for creators, especially those venturing into the world of Non-Fungible Tokens (NFTs). We want to address this issue proactively to protect our valuable artistic community and ensure a safe and reliable environment for everyone.

Don't Fall for NFT Scams: Protect Your Art and Patrimony

Recently, we've heard sad stories of artists falling victim to scammers posing as buyers interested in acquiring art as NFTs. Unfortunately, many of them fall into the trap and end up losing money.

How the Scam Works:

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Exaggerated Praise: Scammers often lavish exaggerated praise on artwork through direct messages on social media.

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Unfamiliarity with NFTs: Many merchants or artists, excited by the apparent opportunity, may not be familiar with NFTs and fall into the trap.

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Fraud Process: Scammers guide sellers through a process to create the NFT, offering help to set up accounts and explaining the need for cryptocurrencies to cover alleged fees.

Cryptocurrency Theft: Finally, scammers convince sellers to send cryptocurrencies to cover fees, but in reality, they steal the money and disappear.

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How to Protect Yourself:

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Trust Your Instinct: If something seems suspicious or too good to be true, trust your instincts. If the buyer seems rushed or uninterested in the details of your work, it could be a red flag.

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Be Cautious with Strangers: Check the history of anyone contacting you about NFT purchases. Ask for references if necessary. If you see that the profile is new, has no history, or makes identical comments on many works offering to buy them as NFTs, block them, report them, and be cautious not to provide personal information.

Don't Waste Space Discouraging Scammers: Avoid changing your profile information to indicate that you don't sell NFTs. Scammers don't read profiles, and this won't stop them. Instead, use your social media settings to block messages containing keywords like "NFT."

Help the Artistic Community:

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Share this information with other artists to prevent more victims. If no one responds to these scammers, they will lose interest and leave.

Rely on Established Galleries:

If you have artworks to sell, we encourage you to contact reputable galleries like ours, 32 Reales. We will handle the sale of your artwork securely and avoid issues like these. Together, we can keep our artistic community safe and thriving. Thank you for being part of the 32 Reales family!


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