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Author Topic: Fake Tokens  (Read 651 times)
Oilacris
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October 01, 2021, 07:50:42 PM
 #81

Let's assume i have created a game, and then created ERC tokens (Example swords) so the player must buy a token to be able to play the game.
What if someone creates similar tokens in his wallet and injects them into my game as if they are bought from my tokens store Huh
Its very easy to verify the fake tokens. Just verify contract address of that token. Because two tokens can have the same symbol but not the same contract address.
Exactly!

But people are way too lazy on checking things up neither they dont have any time to do it or simply lazy or simply doesnt really know on whats contract address is or simply doesnt have any idea on what things been happening.

This is the main issue for some because you cant really be scammed if you do just make use of your common sense.From checking the dev team legitimacy to contract address differences.

It isnt really that hard to avoid yourself on potential scams or simply with fake tokens if you are really just be mindful in regards into your onward actions.

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Furious 7
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October 01, 2021, 09:36:15 PM
 #82

Easy for BSC, Polygon, HT network to get scam and fake token on every transaction, maybe with lower gas fees scammer not worry with how much fees pay for sending their fake or scam token. You can track with your bsc address every time after success make transaction for sending coin you will received new token and most probably with scam coin in your address.
When I check my wallet on blockscan BSC, Polygon, HT there are always tokens that are so foreign and I don't think it's useful, I know that tokens are fake but scamers will target beginners to transact next of course this will make them wonder why they can get tokens , even though it's fake.

The most important thing is that we must understand how to distinguish the contract wallet, it will always be different and find out which one is the original and we can tell the difference.

I think in every transaction I make the scamers send fake tokens with no idea what the purpose is.

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perryxi2
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October 01, 2021, 09:56:36 PM
 #83

Let's assume i have created a game, and then created ERC tokens (Example swords) so the player must buy a token to be able to play the game.
What if someone creates similar tokens in his wallet and injects them into my game as if they are bought from my tokens store Huh
To see the fake token is very simple, I found that just if you look closely, you will see that the contract address is different from the real project. Any fake token can be imitated in name, website... but can never fake contract address, which we all can easily recognize. And if you're programming your game properly, that won't be possible. That depends entirely on how well you connect your game to the smart contract? What about experience and knowledge?.

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