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What is an NFT and why do people care? — Project — NFT due diligence

Page 5 of 6 — Section 5 of 6

User Beginner
5/6 — What is an NFT and why do people care? — Project — NFT due diligence

What to writeCreate a one-page NFT safety sheet for a sample collection: official contract URL, token you checked, storage type, royalty/fee note, approvals needed to list, and three red flags you’ll check every time.

Example red flagsURL slightly misspelled; floor price looks too low vs explorer volume; “connect to claim airdrop” before showing details; approval asks for “all items” instead of one.

Keep this sheet handy whenever you browse NFTs—same rules apply in MetaMask, Rabby, and Coinbase Wallet.

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