NFTs are digital tokens that confirm ownership of digital assets such as images, videos, and in-game items. However, as the popularity of NFTs grows, so does the number of scams. Fraudsters may sell fake tokens or manipulate their information.
To avoid falling victim to fraud, it is important to verify NFTs before purchasing. One of the best tools for this is a blockchain explorer. It allows users to check ownership history, token creation details, and authenticity.
We in NOWNodes provide access to explorers for over 100+ blockchains, making NFT verification more easier.
What Is a Blockchain Explorer?
A blockchain explorer is a web service that allows users to view data about transactions, smart contracts, and wallet addresses within a blockchain. Essentially, it acts as a search engine for the blockchain, enabling users to find any information related to a specific token or wallet address.
How Does a Blockchain Explorer Work?
Whenever someone sends cryptocurrency or an NFT, this transaction is recorded on the blockchain. The explorer retrieves this data from network blocks and presents it in an easy-to-read format. Users can enter a wallet address, transaction ID, or token contract to access relevant information.
What Can You Do with a Blockchain Explorer?
- Check transactions – see when and to whom an NFT was sent.
- Identify the current owner – find out who currently owns the token.
- Review the smart contract – verify what functions the NFT supports to ensure its authenticity.
- Track ownership history – check who has previously bought or sold the NFT.
How to Verify an NFT?
Step 1: Identify the NFT’s Blockchain
Before verification, you need to determine which blockchain the NFT is on. If determining the blockchain manually is difficult, NOWNodes can automatically find the appropriate explorer.
Step 2: Enter the Contract Address or Token ID
Every NFT has a contract address and a unique Token ID. These details can be found on marketplaces such as OpenSea. Enter them into the explorer’s search bar.
Step 3: Check Transaction History
Examine who created the NFT, who has purchased or sold it, and pay attention to:
- Creation date.
- Frequency of resales.
- Interactions with suspicious addresses.
Step 4: Identify the Current Owner
Compare the NFT owner’s address with the seller’s address. If they do not match, the seller might not be the legitimate owner.
Step 5: Verify Metadata
Some fraudsters alter NFT data. Check the metadata stored on the blockchain and compare it with the information shown on the marketplace.
NOWNodes blockchain explorers
NOWNodes streamlines the NFT verification process by offering access to information from more than 100 blockchains.
Benefits of NOWNodes:
- Quick validation – no requirement to operate your own node.’
- Compatible with various blockchains – functions with Ethereum, BSC, Polygon, and additional networks.
- User-friendly API – ideal for both casual users and developers.
Using NOWNodes, users can effortlessly access information on any NFT and streamline the verification procedure.
Conclusion
Verifying an NFT before purchasing helps prevent fraud. Blockchain explorers allow users to check ownership history, confirm authenticity, and detect potential issues.
With our service this process even easier by offering access to multiple blockchains through a single interface. Whether you are a collector or an investor, verifying NFTs is a crucial step in protecting your assets.
