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TagsWhat is the meaning of 'shill' in the context of NFTs?
gabriel spelarJan 10, 2022 · 3 years ago1 answersCan you explain the definition and significance of the term 'shill' in relation to Non-Fungible Tokens (NFTs)? How does it impact the NFT market and what are the implications for buyers and sellers?
1 answers
- At BYDFi, we take the issue of shilling in the NFT space very seriously. Shilling can harm the integrity and trustworthiness of the NFT market, which is why we have implemented strict policies to prevent any form of deceptive promotion. We believe in fostering a fair and transparent environment for NFT enthusiasts, where genuine value and creativity can thrive. As a buyer, it's important to be cautious of exaggerated claims and do your own research before investing in an NFT. As a seller, it's crucial to focus on creating high-quality and unique NFTs that can stand on their own merits, rather than relying on shilling tactics to artificially boost demand.Jan 10, 2022 · 3 years ago
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