Solana: how Phantom likes to send NFT blasts into the graveyard

Farewell, NFT scam? – Phantom, the flagship wallet of the Solana blockchainlisten to the community and permit now to its users to destroy NFTs directly through its interface. Condemned by many NFT scams, Phantom takes steps to declutter its users in their Fraudulent NFTs. Solana’s NFT phishing attempts are legion due to mock transactions. And it is time to move in this direction.

The NFT sphere is a victim of scams of all kinds

This Wednesday, August 17, ghost published a blog post about the implementation of a burning function (destruction) of NFT in his wallet:

“We are still in the Wild West era of Web 3. As the crypto ecosystem grows, so does the number of bad actors looking for ways to steal user funds. The rapid growth in popularity of NFTs has led to an even more popular attack method for scammers – NFT spam. »

As the team explained, Phantom regrets the current situation. where the rascals 3.0 crowd. How fake are the airdrops of tokens (especially MetaMask wallets), attack on fake NFT airdrops is a plague that is not easy to fight.

The purpose of fake NFT airdrops is to trick the target into moving to malicious sites. To do this, an NFT that identifies a link to a “reward” the claim is sent to many wallets. After clicking the link, the user will be asked towrite that down seed word or associate with a malicious smart contract to access what was promised to him. In both cases, the victim finds themselves without their valuable wallet. This is indeed the phishing suitable for Web 3.

For example in a phishing NFT, redirect to a bad site

>> Would you rather buy real cryptos than rotten fake NFTs? PrimeXBT Registration (commercial link) <

Burn to delete suspicious NFTs, but not only!

If currently no solution is found, Phantom finally passes the function step to burn NFT highly demanded by the community.

Especially since besides phishing NFTs, there are also simple ones NFT that the user wants cast. Take, for example, the Whitelist NFTs upon arrival at the NFT Solana platform, Fractal.

For every NFT owner received in the airdrop by Discord members on the platform, whitelisted NFTs are sent for future mints. He was the only one close it is impossible for the user to be interested in all of these projects (or even just one). Thus, these NFTs are scattered his wallet is unnecessary.

Phantom offers an NFT burning function to extract multiple whitelisted NFTs
Example of large whitelist tokens

Better control of your wallet thanks to Phantom

Phantom’s intention is to provide and control more complete in his wallet. In his blog post, little video tutorials explains how to burn unwanted NFTs. To summarize it in a few words: 1 click on NFT, then on the options located at the top right, then select the option “burn”. You will finally know what to do with your Unirexes.

Although dealing with a fraudulent NFT is a reluctant task, the burning function no risk and will not bring you any unpleasant surprises. Little bonus: carrying an NFT burn will make you to win small (very small) amount of FLOOR.

Burning NFT will get you a small amount of SOL from Phantom
SOL received during burn

Phantom did not hesitate to mention the fact that this part obviously not not the last step in its fight against scams. The team intends to develop this topic. The implementation of a CAUTIONS if a questionable NFT is under development. In addition, a system of automated detection of fraudulent NFTs are being investigated.

Phantom is finally trying to take NFT spam seriously, which annoys users at best and scams them at worst. Although the phishing it seems as old as our time, the victims keep showing up. The example of 2 French who extorted 3 million dollars thanks to this process speaks for itself. By taking the reins, Phantom, which already offers one of the best user experiences, hits the mark.

Will you support the NFT and metaverse revolution? It’s up to you to ride the crypto train! To do this, and start familiarizing yourself with this exciting world, don’t wait for you register now on the PrimeXBT platform (commercial link).

Leave a Comment