5 Most Common Scams in Web3 & How You Can Avoid Them

Don’t get scammed in web3! Here are the 5 most common scams in web3 and how to avoid them. 🤝 HELP US GROW 🤝 Subscribe to the Web3 Academy Podcast 🔥SUBSCRIBE TO THE WEB3 ACADEMY NEWSLETTER 🔥: https://w3academy.io/?utm_source=anchor&utm_medium=audio 👥 JOIN OUR COMMUNITY ON DISCORD 👥: https://w3academy.io/web3-academy-membership/ 🧠 JOIN THE FREE MASTERMIND 🧠: How To Build and Scale Community Online: https://w3academy.io/how-to-build-and-scale-community-online-mastermind/ 🐇 Go down the Web3 Rabbit hole with our FREE Web3 Foundations Course: https://w3academy.io/web3-rabbit-hole-course/?utm_source=anchor&utm_medium=audio Guiding entrepreneurs, businesses and creators into web3. Together we’re exploring how to use NFTs, Crypto and Web3 to create thriving communities and build sustainable business models. ✊ FOLLOW US ON SOCIAL! ✊ 👉 Web3 Academy Twitter: https://twitter.com/web3academy_ 👉 Web3 Academy TikTok: https://www.tiktok.com/@web3academy?lang=en 👉 Web3 Academy Instagram: https://www.instagram.com/web3academy_/ 👉 YouTube: https://www.youtube.com/c/Web3Academy 👉 Kyle Reidhead: https://twitter.com/KyleReidhead 👉 Jay Hamilton: https://twitter.com/jaybird_nft ✏️ AUTHOR INFO ✏️ Name: Marcu Czentye ⏱ TIME POINTS ⏱ 0:00 - Intro 4:35 - 5 most common scams in web3 & how you can avoid them 7:16 - Web3 Scam #1: Fake verified accounts 8:58 - Web3 Scam #2: Rug pulls 12:36 - Web3 Scam #3: Ponzi schemes 15:29 - Web3 Scam #4: Phishing scams 19:45 - Web3 Scam #5: Fake websites 21:45 - How to avoid web3 scams