Security Alert Against Scammers

Leonardo Carvalho
Nftfy
Published in
3 min readMay 3, 2021

This transparency report is intended to help our community avoid scams targeting the $NFTFY token launch.

We are approaching a crucial and long-awaited moment for the project and we’re excited to see community engagement grow.

🔴 We need to make a crucial alert to reduce the risk of scams during the launch of the $NFTFY token.

Scammers have used increasingly sophisticated ways to confuse and deceive participants in token sales and crypto projects.

To help the community, we have created a document with instructions on proceeding safely and how best to avoid scams.

Types of scam attacks:

  • Fake information on social networks
  • Fake tokens with similar names
  • Tokens launched before the official date
  • False reports to create confusion — FUD

Fake information on social networks:

Always make sure that you are interacting with our official channels:

Website: https://nftfy.org/
Telegram Announcements: https://t.me/nftfy_news
Telegram Group: https://t.me/nftfysec
Discord: https://discord.gg/tE4xxFH
Twitter: https://twitter.com/nftfyofficial
Instagram: https://www.instagram.com/nftfyofficial/
Medium: https://medium.com/nftfy
Documentation: https://docs.nftfy.org/

Many scammers will create fake accounts and pretend to be admins in order to try and scam you. Admins will not contact ANYONE in direct messages.

$NFTFY Token Contract

The token contract is the only proof of identity that allows you to be sure that you are interacting with the genuine token.

NFTFY Token Contract: 0xBf6Ff49FfD3d104302Ef0AB0F10f5a84324c091c

Scammers can replicate the token contract with the first and last identical digits. Therefore, just checking the start and end is not enough to guarantee the authenticity of the token.

You need to ensure that all digits are identical to the original token contract and that you have accessed it through an official source for your protection.

We will announce the official token contract on our social media and update it in this article.

Pay attention to official dates.

Each $NFTFY token purchase tier will happen on their specific dates. Pay attention to the official schedule.

  1. IDO on Poolz will happen on May 5th. Tokens will not be delivered on this date.
  2. Liquidity Bootstrapping Pool on Balancer May 10th, LBP 2.000.000 $NFTFY
  3. Private round token release: At the end of the LBP, on May 11th;
  4. IDO token distribution, airdrops, and marketing campaigns, only after the LBP on May 11th.

Ignore FUD

Scammers, network instability (fees) and occasional problems do not matter for projects like ours with a long-term view.

We have been working on Nftfy for one year, and the team will not sell tokens. Team tokens are locked via smart contracts.

Unfortunately, it’s impossible to foresee all possible scams, so we must all be on the lookout for new variations on these scams.

Checklist

✅ Check all digits of the contract address;
✅ Use only information shared by the official website and networks;
✅ Don’t be in a hurry. Don’t FOMO;
✅ Our team will not contact you directly. If that happens, it’s a scam;
✅ Don’t just rely on the name of the token. Check the contract thoroughly;
✅ Make sure you are in the official project group;
✅ Any strange movements report us immediately so that we can take appropriate action and share with the community.

This alert is part of our sense of responsibility and cooperation with our community for the successful launch.

By following these measures, you guarantee the security of your entry as an early adopter in the project.

Get more information about recent scam attacks in the article: How AlgoPainter was defended from a sophisticated DeFi attack.

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