While the NFT space is often one that is enticing to investors and traders, there are persistent issues with fraud in the market. Cybercriminals are able to pass off any image as their own intellectual property, and while NFT marketplaces do abide by copyright laws this kind of fraud can be hard to spot before money changes hands. The damage to a brand's reputation and customer trust can be hard to rectify.
Doppel exists to solve this problem. Using an AI model trained to spot fraud and IP violations, it indexes NFT data across most of the major blockchains and flags potentially fraudulent NFTs. Trusted by Opensea, Dapper and numerous other marketplaces, Doppel scans over 1.5 million NFTs daily and has identified over 100,000 threats in the marketplace.
Doppel has raised significant funding, its 2024 round is being used to develop its AI-driven platform further. While the NFT sector as a whole is going through a turbulent time, the applications of NFTs in new areas such as gaming and ticketing are not going unnoticed. Doppel wants to achieve continuous monitoring and rapid detection across more platforms, expanding its web and social media range into the dark web, crypto and encrypted messaging services like Telegram.
Steph
Company Specialist at Welcome to the Jungle
