NFTs a minefield of scams warns cybersecurity expert

Editor, SMEE - February 28, 2022

New Zealanders are being urged to avoid getting sucked into the current mania around non-fungible tokens (NFTs) because scams are as common as promises of profit. Host of Radio New Zealand's Tech Tuesday and author of the book 'She'll Be Right (Not!) – a cybersecurity guide for Kiwi business owners – Daniel Watson says the completely unregulated NFT market is effectively one giant Ponzi scheme. "There's massive hype, much of it fuelled by paid advertising and social media campaigns pai...