I can create 1 million bot accounts, transfer the NFT within myself, each time bidding a high amount and eventually reaching $10,000,000
Would a new sucker bid $11 million on that? Yes.
This is the true nature of NFTs. Everything and anything can be faked and duplicated
What if the buyer confers with the artist about the authenticity of the NFT + Blockchain that it originally was put on?
Unrelated: If you haven’t seen NFT Bridge skit from John Cleese, it’s pretty funny.
I can create 1 million bot accounts, transfer the NFT within myself, each time bidding a high amount and eventually reaching $10,000,000
Would a new sucker bid $11 million on that? Yes.
This is the true nature of NFTs. Everything and anything can be faked and duplicated