Tom Brady is a very popular name in the NFL. In fact, he is widely regarded as the greatest quarterback of all time. Moreover, he has won the Super Bowl champion seven times. In addition, he has been the Super Bowl MVP on five occasions. To add to this, he has also been the NFL’s Most Valuable Player, thrice. Therefore, one must not have any doubt about the quality of his game.
In fact, the greatest quality of Tom Brady is that he is a great innovator. He continues to evolve in the field with an innovative lifestyle and diet plan. However, outside the field too, Brady looks for innovative ways. In fact, the latest innovation is his appearance in the NFT sector. However, in this sector, he has set a strange record in the black market. You don’t believe it? Well, then you have to go through this article to give your opinion a twist.
Brady’s Legitimate NFT Company, Autograph
Before going into the strange record that Brady has set in the black market of the NFT sector, let us know what NFT is. Well, NFT stands for non-fungible tokens. The NFTs are digital assets. In fact, the phrase ‘non-fungible’ means that each one is unique. Therefore it means that each NFT is one of its kind.
In fact, Tom Brady co-founded an NFT-related company named Autograph. Fortune suggests that the company received $170 million in Silicon Valley funding. Like any other enterprise, the Autograph has also its own aims. In fact, the company aims at helping other celebrities to launch their own NFTs.
The company is headed by CEO Dillion Rosenblatt. In fact, Rosenblatt has served at Apple music and Cameo. In the company, Tom Brady is like a magnet for superstars. We know that Brady has great popularity in the sports and entertainment world. Therefore, he uses this to get a lot of superstars who are ready to partner with the firm. In fact, the list includes the likes of Tiger Woods, Naomi Osaka and Derek Jeter.
However, this is not Brady’s only engagement in the NFT sector. He is also engaged in this sector in a rather strange way. Let us read about it in the next section of the article.
Brady and NFT Black Market
Surprised by the heading of this section? Well, you should be. In fact, you must also be thinking about how such a great celebrity is related to the black market. However, if you are aware of the frauds and scams that have flooded the NFT sector, then you must not be surprised. In fact, as per a report published in The Hustle, there are about 31,400 scams of NFTs linked to Brady. Now, this is the most for any celebrity. Isn’t it a strange record? However, this record is mostly due to Tom Brady’s towering popularity.
These scams function in an interesting way. Firstly, a person creates a fake social media account impersonating a popular celebrity. The account looks almost like an original one. This account then convinces the fans to visit a particular web page. This web page is the ultimate trap. It contains mostly a phishing link to malware that prompts them to buy a fake NFT.
For Tom Brady, the scams function in a similar manner. In fact, this is the way in which all the other scams function. This has really made the space unsafe for celebrities.
Concluding Lines
Various celebrities around the world are getting attracted to the NFT. In fact, there are proper reasons for that. It is a highly profitable sector. However, the main concern in this sector is the scams like those in the name of Tom Brady. The scammers impersonating popular celebrities are always trying to take advantage of innocent fans. They are either stealing their personal information, or they are scamming them by prompting them to buy a fake NFT.
In fact, there seems no cure for these scammers. If you catch one, another hundred will still be there to victimise the innocents. The NFT market has been flooded with these scammers. In fact, the number of scams in the name of Tom Brady is a great instance of this. Therefore, it is better to be alert before buying an NFT. Always be sure to verify the deals before making one. Or else, you might be the next victim of the Tom Brady fraud NFTs.
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