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NFT Term

Never Trust, Always Verify

Definition of Never Trust, Always Verify from the NFTguild.com glossary.

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The phrase “Trust But Verify” is a common adage in the world of security. The saying “Never Trust, Always Verify” is a more extreme version of this idea and is very applicable to the world of Non-Fungible Tokens and cryptocurrency tokens. The main takeaway is that crypto fraud is a genuine phenomenon, and users should always exercise due diligence when doing financial or crypto transactions.