NFT is a type of non-exchangeable cryptographic token based on Blockchain technology. Each single NFT is exceptional and unique. NFT tokens are not exchangeable in any way and are the digital property of the holder.
Copyright infringement is a serious issue in the world of NFTs, with many businesses falling victim to the unauthorized use of their intellectual property.
EBRAND discovers and remove NFT’s on 7 blockchains and dozens of popular NFT marketplaces.
Brand Impersonation
The world of NFTs is rife with scammers attempting to take advantage of this relatively new marketplace and the potential for deceit it holds. Fraudsters to misrepresent themselves as certain brands and businesses in targeting their trusting customers.
Copied Content
The exclusivity of NFTs is one of the things that make them so valuable. Counterfeiters often try to copy and replicate officially minted works and pass them off as their own.
Brand Erosion
Your brand name is one of your most valuable assets. With it, you establish a reputation and build trust with your customers. When that trust is violated by someone impersonating your brand or selling counterfeit NFTs, it can have a serious impact on your business.
Loss of Revenue
Fraudulent activity in the NFT marketplace can result in a significant loss of revenue for businesses. This is often due to customers being tricked into buying counterfeit or unauthorized NFTs, which they then find out are worthless.
Legal Action
In some cases, fraud in the NFT marketplace can result in legal action being taken against the businesses involved. This can be incredibly costly and time-consuming, taking away valuable resources from
your business that could be better used elsewhere.
We monitor the blockchain for any activity related to your business, including the creation of new NFTs, transactions involving your NFTs, and more. If any suspicious or unauthorized action is detected, you will be alerted, and we will take action.
We compile all of the evidence that we have collected and present it to you in a report. This will give you a clear understanding of what has happened and what needs to be done to protect your brand.
If we detect any unauthorized activity related to your brand, we take action to enforce your rights and protect your interests.
Once detected, we take down any occurrences on websites or online stores selling counterfeit or unauthorized NFTs. We also file complaints with the relevant authorities to have these activities shut down.
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