DAYTON — The Better Business Bureau (BBB) has been alerted of a digital currency company called Giving Bulls, which may be located in Englewood, as customers have claimed the company took their money with nothing in return.
Giving Bulls claimed to be selling non-fungible tokens (NFTs). An NFT is a unit of data, stored on a type of digital ledger called a blockchain, which can be sold and traded. The NFT can be associated with a particular digital or physical asset including, but not limited to, art, songs and sports highlights and a license to use the asset for a specified purpose. An NFT — and, if applicable, the associated license to use, copy or display the underlying asset — can be traded and sold on digital markets.
The company was selling NFTs through its website, givingbulls.com, using the virtual currency of Ethereum. Consumers contacting the BBB purchased between $250 to $2,126 in NFTs only to find the company closed the business and did not fulfill its obligations. The...
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