Hey guys,
It’s a huge part of low fee smart contract chains, we all know about it, the scam tokens/NFTs…
BUT can we actually get a semi-professional insight. If you BURN the scam NFT, is there any risk?
And by burning it do you gain the sol rent back or does the scammer who minted it?
Thanks!
Also will there be some kind of on chain filtering black/white list in future when a scam nft is detected it can be nuked from showing up in common wallets? Like spam email filter, is that possible/ to come?
The only place to burn your NFTs (scam or otherwise) is at sol-incinerator.io
The only risk of burning the wrong NFT or token account or going to the wrong site.
Depending on the NFT, you get back some rent. New cNFTs won’t provide you with much of anything for rent.
is that a scam link?
Probably not but never trust links that other people give you. Use built in burn feature in your wallet and don’t connect your wallet to sites you don’t trust
Sol-incinerator is definitely not a scam. I haven’t figured out how reclaim rent from empty token accounts in-wallet, so I use the site about once a week in my hot wallet to clean up scam nfts and empty accounts