The 'all-in-one' solution to prevent digital counterfeit and copyright fraud in the NFT Space is Here. REV3AL Shot up Over 3,002% in the Last 7 Days! But What is the Future for REV3AL? Are New Investors Likely to Still Make Profit?
When it comes to the Non-Fungible Tokens, there is barely any real resolution to the industry-agnostic issues of digital fraud and counterfeiting. NFTs, digital IDs, copyright images and videos, can be easily duplicated, making it hard to find a solution to prevent different types of attacks.
The interest in nonfungible token (NFT) market is grown massively in recent years, reaching new levels, smashing records and setting new all-time highs. In 2021, the total NFT sales reached $25 billion, outperforming the previous four years by a whopping 18,400%.
Artists, collectors and celebrities are exploring NFTs to ride the wave that has seen digital artworks exchange hands for astronomical prices. However, there is almost no scrutiny on the influx of new users in this space. Nefarious actors are also on the scene to exploit this developing market’s security and consumers’ vulnerabilities.
From 2020 to 2021, the crypto industry saw an 81% increase in the total value of crypto stolen from victims, with NFT rug pulls and scams contributing generously to this statistic. Currently, the NFT industry is the digital wild west, filled with buyers, sellers and scammers — all playing the game to come out on top and make the most of the market. Can average consumers and businesses win against these cunning and sophisticated con artists?
The battle against bad actors requires concerted industry-wide efforts from NFT marketplaces and users. According to experts, one of the most effective fraud-prevention methods involves deploying the best tools and systems available on the market. This article will explore viable tools and techniques to help users spot fraud and scammers from a mile away.
How to win against NFT fraud
REV3AL technology is an authentication and copyright protection system that provides a suite of tools to protect NFT marketplaces and users from fraud. Its robust solution begins with its multi-factor certification platform that allows original artists and creators to upload genuine digital artwork and embed multiple layers of encrypted authentication code in the asset.
REV3AL’s proprietary algorithm can detect and flag attempts to duplicate or replicate certified digital assets. For buyers, verifying the authenticity of NFTs becomes as simple and easy as uploading the asset on the authentication platform. It reveals the authentication results in seconds, helping buyers avoid the different scams and frauds in the market and be confident in their purchases.
Integrating REV3AL’s anti-counterfeit API technology with NFT marketplaces will significantly impact scammers’ abilities to commit fraud and copyright theft. The platform adds extra levels of protection against fraudsters while providing a straightforward solution for consumers and platforms.
Should you invest $1,000 in REV3AL?
Before you considerREV3AL, you'll want to hear this.
The REV3AL project is still in its earliest stages, but it's already breaking records and building a massive community around itself. The company is unique in that it is currently the only project dedicated in NFT security and plagiarism. Shooting over 3,000% in a single trading week in a bear market indicates alot of support for the platform.
We always recommend our readers to do their own research.
What lies ahead for NFTs
While digital art is currently the most popular use case for NFTs, its potential extends beyond collecting artwork. NFTs may soon evolve and grow in influence in various industries, including gaming, education, marketing and personal identification.
As the technology develops, NFTs could become an integral part of daily life. The time to get on top of fraud prevention is now, as ever-increasing financial resources are invested in these systems.
Moving past NFT skepticism leads to a bright future where fraud prevention tools reveal critical information to be true or false. REV3AL can become the standard for anti-counterfeit systems in the industry, and its versatility makes it adaptable for multiple traditional NFT and non-NFT use cases.
REV3AL’s competitive advantage
- Decades of experience in the field of high-end security and brand protection.
- An advanced multi-layered approach to protecting intellectual property, copyrights, exclusive rights, and sub-licenses.
- Digital and physical NFT verification and authentication using state-of-the-art technologies.
- Multiple on-chain and off-chain security features.
- The service team consists of system architects, fraud prevention experts, cybersecurity and protection groups, and various arts, media, and entertainment experts, with decades of experience and extensive crypto knowledge.
How To Start Trading REV3AL?
Your going to need a trading-wallet.You can use any recommended Crypto exchange, but not all exchanges will list this particular coin. Click the link below to register with our recommended exchange. Alternatively, you can open an account with a defi-wallet like Metamask or Trust Wallet, and make your trade from there.
Register with our broker here
Adding Funds.If you already have Bitcoin, Ethereum or BNB or any other major cryptocurrency, you can easily transfer your coins to your trading account within your wallet. If you do not own crypto-currency, you can purchase it by clicking on the ADD FUNDS button within the exchange, and purchase your cryptocurrency with Credit Cards, Debit Cards or even Apple Pay.
Buying the asset.Typically, this should be quite straight forward if you are using an exchange. Click on the “trade” tab and find the trading pair in Spot trading. If your using a defi-wallet, connect to pancakeswap (https://pancakeswap.finance/) or uniswap ( https://uniswap.org/) to swap tokens within your defi-wallet.
Selling Your Asset.Made some profit and ready to sell and pull some profits? With major exchange platforms this operation is quite simple. Head back to the Trade tab in the exchange where you first purchased the coin (typically spot-trading) and click on sell. Enter the amount you want to sell at the price you want it. Once the Token price reaches your quote, the exchange will automatically sell your coins for the trading pair you chose.