Avoiding Crypto Gaming Scams: Red Flags and Protection

The crypto gaming space is full of scams. Here’s how to protect yourself and your participation.

Common Scam Types

1. Fake Games

Websites that look like games but just take your money.

• No actual gameplay
• Require upfront payment
• Promise unrealistic rewards
• Disappear after collecting funds

2. Rug Pulls

Team launches, gets participation, then abandons project with the money.

• Anonymous team
• Unlocked liquidity
• Too-good-to-be-true promises
• Aggressive marketing, no product

3. Phishing

Fake websites/apps that steal your wallet credentials.

• Slightly misspelled URLs
• Fake wallet apps
• Discord DMs with “support”
• Urgent “verify your wallet” messages

4. Ponzi Games

Early players paid with new player money. Inevitable collapse.

• Unsustainable APY promises
• Recruiting focus
• No real value creation
• Works until it doesn’t

Red Flags Checklist

• Anonymous team with no track record
• Guaranteed rewards promised
• Pressure to spend quickly
• No working product, just roadmap
• Aggressive paid promotion
• Can’t explain how value is created
• Discord/Telegram is all price talk
• No code audits or transparency

Protection Strategies

1. Research Before Investing

• Who is the team? Verify identities.
• Is there a working product?
• What does the community say?
• How long has it existed?

2. Secure Your Wallet

• Never share secret phrases
• Use official apps only
• Verify URLs carefully
• Don’t click Discord DM links

3. Start Small

• Test with small amounts first
• Only spend what you can lose
• Scale up after verification

If You’ve Been Scammed

• Document everything
• Report to relevant authorities
• Warn community members
• Learn and move on

CryptoLand Scam Awareness Guide →

Understanding Risks →