Efficacious methods to tackle wash trading with NFT Marketplaces

What is Wash Trading?

  • Buying items to simulate artificial demand for a specific project
  • Purchasing assets or rights to create false publicity for a publisher, artist, or platform
  • Artificially inflating metrics by purchasing assets
  • Collecting rewards with assets that are more valuable than the cost-of-attack

How does Wash Trading happen with NFTs / NFT marketplaces?

Examples of Wash Trading

Why is it a problem in the NFT marketplace?

Investors

Collectors and traders

Global Community

How is Wash Trading identified?

Detecting wash trading the Scour way!

How does bitsCrunch’s knowledge graph provide a solution to Wash Trading?

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Providing AI enabled secure services that protect the NFT ecosystem integrity, with a team of experts backed by the leaders in the industry.

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bitsCrunch - The NFT Ecosystem Guardians

bitsCrunch - The NFT Ecosystem Guardians

Providing AI enabled secure services that protect the NFT ecosystem integrity, with a team of experts backed by the leaders in the industry.

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