How Polkadot is Fighting Back Against Scams
Protect Yourself Today
Use Wisesama to verify addresses and URLs before transacting. Stay safe in the crypto ecosystem.
Check an AddressUse Wisesama to verify addresses and URLs before transacting. Stay safe in the crypto ecosystem.
Check an AddressWhile scams plague the entire crypto industry, Polkadot has taken a unique approach to protecting its community. It's the first blockchain ecosystem with a dedicated and decentralized Anti-Scam Team that has taken great strides in safeguarding users.
Polkadot incentivizes its community to fight scams through an innovative "anti-scam bounty" program. Community members can earn rewards for:
The team serves as the first line of defense with two main tracks:
Responsible for investigating and responding to instances of scams in the Polkadot ecosystem, including:
Focuses on stopping scams before they happen through:
Web3 Foundation has joined the Crypto Defenders Alliance (CDA), a consortium of exchanges and wallets working together to prevent money laundering. When a scam victim reports to CDA members, all associated addresses are blocklisted across participating platforms.
The Polkadot team warns about these prevalent scam tactics:
Polkadot wallet extensions now recognize known scam sites and alert users before they can enter sensitive information. This browser-level protection has prevented countless phishing attempts.
The fight against scams is a community effort. Together, we can make Polkadot one of the safest ecosystems in crypto.