I saw an interesting phenomenon on a certain social platform's official website—some brand character holding a piece of paper with a token symbol printed on it. Someone speculated that this is an officially issued token, but such a guess can easily lead to pitfalls.
In fact, anyone can create a token on the blockchain with just a contract address. For example, this token (contract address: 0xa37b5a916d193be1e6439110920c02c9c9964444), although its name may seem very official, does not necessarily mean it truly comes from an official organization.
How to determine if a token is genuine? The key points are threefold: first, whether there is an announcement on official channels (official website, official social media accounts); second, whether the issuer's information is transparent; third, whether the contract code has been audited. Judging a token as "official" based solely on a picture or information from unofficial sources is easy for scammers to exploit for fraud.
Therefore, when encountering a new token, don't rush to buy in. Do more research and ask more questions—it's the most practical way to protect your wallet.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
5
Repost
Share
Comment
0/400
CryptoGoldmine
· 19h ago
Contract addresses can be easily forged; I've seen this trick too many times. The key is whether the issuer's information is transparent and whether there is a legitimate audit report.
---
Most people just look at a chart and want to go all-in; no wonder the ROI is so good. You need to verify the contract code from a technical perspective and examine on-chain data.
---
Basically, it's laziness not to do your homework. You have to learn the hard way by getting burned once. Official channels, transparent information, and audit reports—missing any one of these is unacceptable.
---
The mentality of jumping into a new coin as soon as you see it is no different from gambling. I’d rather earn less than risk every penny of my computing power investment without traceability.
---
That's why I never listen to rumors; I have to dig through on-chain data myself. Truly reliable tokens have quantifiable transparency and audit completeness.
---
One picture can deceive so many people, which shows that market education is still far from enough. Check the issuer's background more often, see if there is backing from reputable institutions—that's basic literacy.
View OriginalReply0
AirdropHunter9000
· 19h ago
It's the same trick again—believing a single image as truth. I wonder how many people have been wooled over.
View OriginalReply0
MindsetExpander
· 19h ago
It's the same trick again, just one picture to try to get us to buy in. That's hilarious.
View OriginalReply0
ForkInTheRoad
· 19h ago
Another fake token has appeared; really need to be more careful.
---
This trick is too common; as soon as the picture is posted, someone believes it, no wonder people get scammed.
---
The key is not to trust the images; checking the official announcements is the right way.
---
If the contract address doesn't match, don't touch it; otherwise, you'll only suffer.
---
I've seen too many of these scams; really need to DYOR.
---
Tokens without an audit report, no matter how official the name, I won't touch them.
---
A piece of paper can be used to scam; this circle is really outrageous.
---
Remember these three points to avoid getting scammed, and save yourself from regret later.
---
Before investing in a new token, ask yourself first: has the official statement been made? That's enough.
---
Transparency or not of the issuer's information is obvious at a glance; don't pretend not to know.
View OriginalReply0
JustHodlIt
· 19h ago
It's the same old trick again, trying to fool us into jumping on board with just one picture. These days, scammers are getting lazier and lazier, haha.
I saw an interesting phenomenon on a certain social platform's official website—some brand character holding a piece of paper with a token symbol printed on it. Someone speculated that this is an officially issued token, but such a guess can easily lead to pitfalls.
In fact, anyone can create a token on the blockchain with just a contract address. For example, this token (contract address: 0xa37b5a916d193be1e6439110920c02c9c9964444), although its name may seem very official, does not necessarily mean it truly comes from an official organization.
How to determine if a token is genuine? The key points are threefold: first, whether there is an announcement on official channels (official website, official social media accounts); second, whether the issuer's information is transparent; third, whether the contract code has been audited. Judging a token as "official" based solely on a picture or information from unofficial sources is easy for scammers to exploit for fraud.
Therefore, when encountering a new token, don't rush to buy in. Do more research and ask more questions—it's the most practical way to protect your wallet.