NFTs and Cybersecurity – How To Protect Yourself

What is an NFT?

A non-fungible token (NFT) is a unit of data stored in a blockchain certifying digital files to be unique. Confused? Us too! To put it simply, an NFTs can be used as proof of ownership of a digital item.

Are Non-Fungible Tokens Different From Bitcoin?

What on earth does fungible mean? Bitcoins are fungible, no single bitcoin is specifically different from the next and they can be substituted for each other. On the other hand, every NFT is unique. This is what they mean by non-fungible, one cannot be substituted for another. If you own an NFT, you own a specific digital asset, such as a specific piece of art, or a limited 1-out-of-1 trading card. Both NFTs and Bitcoin are verified through blockchain.

What is NFT Used For?

Many artists are hopping on the NFT train, selling digital artwork. A piece by digital artist Bleeple sold for over $69 million in 2021. One way to think of it is like having an autographed copy of a work. Trading card companies for the NBA have released digital card collections via NFT, and Topps has announced a baseball set as well. 

Another unique use of NFT technology is being considered by Mark Cuban. The Dallas Mavericks owner is considering using NFT for issuing tickets to NBA games. Cuban hopes to disrupt the secondary ticket market by imposing a royalty fee on re-sold NFT tickets, ensuring he gets his cut.

How Can I Stay Protected When Dealing With NFT?

It’s always important to stay protected when you’re using the internet, and it doesn’t stop when trying to score the latest NFT. A great way to keep your network safe is by using a VPN! Your data will be encrypted from end-to-end, making it harder to steal.

What are the Best VPNs to Use With NFT?

These are the best VPNs to use when dealing in NFT:

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How Do I Connect all of my Devices to VPN?

The best way to deploy a VPN over your entire network is with one of our FlashRouters. You can secure all of the devices on your network with a one-time setup. Even if you switch from your desktop to your phone, you’ll stay seamlessly protected with our  open-source VPN-enabled routers. Using our Daisy Chain setup, you don’t even have to change any settings on your current modem/router. And if you want to keep your current router, you can use our Flash My Router service.

What Are the Best Routers to Use with NFT?

These are our favorite routers to use with NFTs:

AX3000 WiFi 6 VPN FlashRouter

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Asus AX1800S FlashRouter

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• Easy Router Setup via Asus App
• Blazing-fast Wi-Fi 6 (Wireless-AX) Speeds

Flint Wi-Fi 6 VPN Router by FlashRouters

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• Supports WiFi 6 (Wireless-AX) speeds
• Includes WireGuard Fast VPN Protocol Support