Doppel, a platform dedicated to identifying fraudulent activities within the NFT sector, has announced it raised $5 million.

NFT scams pose a considerable challenge not only to the cryptocurrency community but also to the involved projects. Doppel serves as a vigilant platform dedicated to sniffing out these fraudulent activities. NFT As of late May, the blockchain startup managed to secure $5 million in a Seed round that was led by several key ventures, including a mix of prominent investors such as Polygon Studios and Solana Ventures, among others. FTX Doppel aims to cultivate trust in the realm of digital assets by actively detecting scams, counterfeits, and other fraudulent schemes in real time. Utilizing advanced analytics, Doppel monitors emerging scams and works to eliminate fakes from NFT markets that operate on Ethereum, Solana, Polygon, and Flow. The company emphasizes the importance of safeguarding intellectual properties and community interests before any harm can take place.

Co-founders Kevin and Rahul expressed their excitement for NBA Top Shot, noting that both basketball enthusiasts felt a strong desire for ownership as the platform launched. They reflected on the inherent human tendency to want to own things, which NFTs facilitate wonderfully in a digital landscape. Yet, they've also recognized that challenges within this space—like rampant fraud and counterfeiting—are putting the entire ecosystem in jeopardy. Artificial Intelligence (AI) Doppel has already begun partnerships with

Now, brands, marketplaces, and creators interested in exploring the platform can schedule a demo via Doppel’s official website.

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