PrivacyHQ: Nine out of ten NFT owners have experienced fraud – Bits Media

Digital security experts say, that 90% owners of non-fungible tokens were attacked by criminals.

PrivacyHQ, an analytical company specializing in cryptosecurity, published a study of the NFT market, having interviewed more 1 000 token holders in the USA. Experts tried to find out, How do investors ensure the security of their digital assets and how often do they encounter fraud?.

The most popular wallets among US users were MetaMask (52.8%), Math Wallet (49.9%) и Trust Wallet (49.8%). On average, survey participants invested in NFTs $623.

The respondents admitted, that they didn’t feel completely safe with any wallet. The percentage of trust varied within 50-60%. MetaMask had the highest percentage of trust – 63.8%.

Most users prefer software wallets - 75.5%. Wherein 63.2% They answered, that they use their phones as a wallet.

Less than half of respondents are confident in the safety of their NFTs, while 15% stated, that they don’t feel at all, that their assets are safe.

The most common fraudulent scheme turned out to be this:: people were told, what a playground, which they bought the NFT with, closes and they should move on to another. Another site turned out to be fake. Sometimes scammers created a completely new site, where fake auctions were held.

Experts note, what more 90% people, victims of scammers, managed to get their digital assets back.

Recall, at the end of February due to phishing attacks more 30 OpenSea platform users lost NFT and ETH.