What unethical practices should be prohibited in NFT communities?

In NFT communities, there are certain unethical practices that should be strictly prohibited to maintain trust, fairness, and sustainability within the ecosystem. One such practice is the creation and promotion of fraudulent or counterfeit NFTs, which can deceive buyers and undermine the value of legitimate artworks. Another unethical practice is the unauthorized use of intellectual property, where individuals create and sell NFTs based on someone else's copyrighted work without obtaining proper permissions. This not only infringes upon the rights of content creators but also weakens the integrity of the community. Additionally, it is crucial to prohibit any form of price manipulation or insider trading, to prevent unfair advantages for certain individuals and to ensure a level playing field for all participants. By setting clear guidelines and enforcing strict measures against such unethical practices, NFT communities can foster an environment of integrity and trust.

This mind map was published on 5 August 2023 and has been viewed 57 times.