What Does Rug Mean in NFT
What Does Rug Mean in NFT? Term Rug mean in NFT for rug pull. A rug pull is a type of fraud where scammers lure victims into investing in a non-fungible token (NFT) project, only to make off with the money once they have invested. This type of scam is often perpetrated through social media, where the fraudsters use hype and false promises to entice potential victims. If you are considering investing in an NFT project, be sure to do your research first and only invest what you can afford to lose. More Details About Rug Pull in NFT: Rug…