An illustration picture taken in London on December 30, 2021, shows a PsychoKitty NFT (Non-Fungible … [+] Token) created by psychedelic artist Ugonzo displayed on a phone and a NFT logo displayed on a computer screen from a Crypto.com NFT marketplace. – Non-fungible tokens or NFTs are cryptographic assets stored on a blockchain with unique identification metadata that distinguish them from each other. – RESTRICTED TO EDITORIAL USE – MANDATORY MENTION OF THE ARTIST UPON PUBLICATION – TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo by Justin TALLIS / AFP) / RESTRICTED TO EDITORIAL USE – MANDATORY MENTION OF THE ARTIST UPON PUBLICATION – TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION / RESTRICTED TO EDITORIAL USE – MANDATORY MENTION OF THE ARTIST UPON PUBLICATION – TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo by JUSTIN TALLIS/AFP via Getty Images)
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Every few years, the pace of transformation spurred by digital technology jumps into hyperspeed. We are currently living through one of these time periods. With the explosion of data, people are increasingly becoming comfortable sharing, digital devices that have become integral to our lives, and new unregulated spaces such as NFTs—for scammers, the future of fraud is bright but for those of us who lean on technology, it’s a never-ending effort to stay vigilant.
