• Non-fungible tokens (NFTs) have been popular in the crypto industry for some time now.
• Recently, a Bitcoin developer exposed a fraudulent site selling his code as an NFT without his permission.
• He made it clear that he had not consented to such use of his property and asked the seller(s) to desist from such action.
What Are Non-Fungible Tokens (NFTs)?
Non-fungible tokens (NFTs) are unique digital assets that are stored on a blockchain. Unlike cryptocurrencies like Bitcoin, which are fungible by nature, NFTs represent ownership of digital or physical assets like artworks, music, tickets, and other collectibles that cannot be replaced with any other asset. NFTs emerged in 2014 and have been gaining popularity ever since.
Luke Dashjr Caught Fraudsters Selling His Code As An NFT
Recently, a core Bitcoin developer took to Twitter to call out a fraudulent site selling his code as an NFT without permission. He said he didn’t consent to such use of his property and wants the sellers to desist from such activity. The auction site used the developer’s name to sell an NFT of his code at 0.41 BTC or $9500 at market price. Dashjr clarified that he was not part of this process nor did he authorize anyone to use his name and code for creating or selling any NFT including this one.
Dashjr Refused To Take Money Offered By Sellers
The bitcoin developer further revealed that the fraudsters reached out offering 90% of proceeds but he refused it as well as bribes offered by them for keeping mum about the issue or obtaining consent after the fact. Instead, Dashjr insisted that they give the buyer 100% of auction proceeds and stop using his name for their personal gain purposes.
Plagiarism Causing Problems For Developers
Plagiarism has become a major problem in the crypto space as many developers have cases where their works were stolen and sold without their knowledge or consent as NFTs or even plain texts on various platforms online including social media sites like Twitter and Reddit forums etcetera. To tackle this issue, developers must remain vigilant about protecting their codes — and should always write down very detailed terms into contracts before any kind of collaboration takes place between them and potential customers/clients/partners etcetera so they can protect themselves from any form of exploitation in future endeavors regarding their intellectual properties rights violations etcetera..
Overall, Luke Dashjr’s incident has shown us how important it is for developers to protect themselves against plagiarism in order to avoid situations like these in future endeavors when dealing with customers/clients/partners regarding their intellectual properties rights violations etcetera..