Tovera is trying to stop NFT fraud.

Tovera acquires SnifflesNFT as it chases after NFT fraud

Tovera is one of the companies sniffing out fraud in transactions involving non-fungible tokens (NFTs), and now it has teamed up with another anti-fraud company SnifflesNFT.

Chicago-based Tovera has acquired SnifflesNFT for an undisclosed price. The idea is to screen NFTs on marketplaces such as OpenSea (which dominates the NFT market) for fake NFTs which can scam users out of their money.

Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks. 

Join now →

Sign in to your account.

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.