# How to Tell the Difference Between a Legitimate NFT and a Rug Pull

<https://danielmiessler.com/blog/how-to-tell-the-difference-between-a-legitimate-nft-and-a-rug-pull/>

- Host: [danielmiessler.com](https://links.thingelstad.xyz/hosts/danielmiessler.com/)
- Saved: March 14, 2022 (2022-03-15T02:06:19Z)
- Record: https://links.thingelstad.xyz/links/c4df8485db1e/
- JSON: https://links.thingelstad.xyz/links/c4df8485db1e.json

## What Jamie wrote

This is a good thought piece on how to approach the value in any project.

> There’s a simple question you should ask if you’re trying to tell whether a crypto or NFT project has a future:
>
> _What is the core value of the project, seperate from the NFT?_
>
> You can ask this for any project.

NFTs are a way of showing some component of ownership. If the thing that that is a component of has no value, then you can’t possibly have value in the underlying component.

## Facts

- Kind: [Page](https://links.thingelstad.xyz/kinds/page/)

## Appears in

- [WT216: Weekly Thing #216 / NFT, DST, PDP](https://weekly.thingelstad.com/archive/216/), Notable

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## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://danielmiessler.com/blog/how-to-tell-the-difference-between-a-legitimate-nft-and-a-rug-pull/