Treasure NFT fails to supply possession or government info on its web site.
Treasure NFT’s web site area (“treasurenft.xyz”), was registered in July 2022. The non-public registration was final up to date on June twenty eighth, 2024.
If we glance by means of Treasure NFT’s web site source-code, we discover references to Meiqia.
Meiqia is a Chinese language software program firm primarily based out of Beijing. This implies whoever is working Treasure NFT has ties to China.
As at all times, if an MLM firm shouldn’t be overtly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
Treasure NFT’s Merchandise
Treasure NFT has no retailable services or products.
Associates are solely capable of market Treasure NFT affiliate membership itself.
Treasure NFT’s Compensation Plan
Treasure NFT associates make investments tether (USDT). That is executed on the promise of a each day 4.3% to six.8% ROI.
- VIP1 – make investments 1 to 50 USDT
- VIP2 – make investments 50 to 1000 USDT
- VIP3 – make investments 500 to 2000 USDT
- VIP4 – make investments 2000 to 5000 USDT
- VIP5 – make investments 5000 to 10,000 USDT
- VIP6 – make investments 10,000 to 30,000 USDT
- VIP7 – make investments 30,000 to 50,000 USDT
Particular ROI charges aren’t offered however a normal rule is the extra a Treasure NFT affiliate invests, the upper their each day ROI.
Treasure NFT pays referral commissions on invested USDT however doesn’t specify referral fee charges on every degree:
Customers can get referral rewards from three generations of consumer transactions inside the staff. The proportion of rewards obtained by totally different ranges is totally different.
Becoming a member of Treasure NFT
Treasure NFT affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal 1 USDT funding.
Treasure NFT Conclusion
Treasure NFT is yet one more “click on a button” app Ponzi scheme.
Treasure NFT’s “click on a button” Ponzi ruse is buying and selling NFTs.
In TreasureNFT, the value buying and selling algorithm limits the NFT as much as 4.3%-6.8% per day technically, and may assure that it’ll not fall.
A hard and fast 4.3%-6.8% revenue is generated within the each day NFT buying and selling and circulation.
Damaged down, Treasure NFT’s ruse sees associates log in and click on a button. The extra an affiliate invests the extra occasions a day they need to click on buttons.
Totally different ranges of customers could make totally different numbers of reservations per day. Because the consumer’s degree upgrades, they’ll make extra reservations and select from extra worth ranges, thus leading to the next earnings.
Button-clicking inside Trasure NFTs’ app purportedly generates income through NFT “reservations”, which corresponds with faux buying and selling.
The reservation mechanism and C2C aggregated buying and selling will preserve the market in a long-term demand outstripping provide, and typically the reservation shouldn’t be at all times profitable in shopping for.
The fixed demand out there will drive the value of NFT up. 4.3%-6.8% worth enhance is a really conservative and prudent enhance in comparison with the market the place demand exceeds provide in the long term.
Promoting fictional NFTs to fictional patrons by means of fictional buying and selling purportedly generates Treasure NFT’s ROI income.
If that is mindless it’s as a result of it doesn’t. Randoms clicking a button in an app doesn’t equate to “reserving” NFTs and buying and selling them.
In actuality clicking a button inside Treasure NFT’s app does nothing. All Treasure NFT does is recycle newly invested funds to pay earlier buyers.
Examples of just lately collapsed “click on a button” app Ponzis are AI-UP, Mining Memes and Energy.
Since 2021 BehindMLM has documented lots of of “click on a button” app Ponzis. Most of them final a couple of weeks to some months earlier than collapsing
“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving the vast majority of buyers with a loss (inevitable Ponzi math).
Within the lead as much as a collapse, “click on a button” Ponzi buyers additionally have a tendency to search out their accounts locked. This usually coincides with a withdrawal request.
As a part of a collapse, “click on a button” Ponzi scammers usually provoke restoration scams. This sees the scammers demand buyers pay a charge to entry funds and/or re allow withdrawals.
If any funds are made withdrawals stay disabled or the scammers stop communication.
Organized crime pursuits from China function rip-off factories behind “click on a button” Ponzis from south-east Asian international locations.
In September 2024, the US Division of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese language human trafficking rip-off factories.
Via varied firms he owns, Phat is alleged to shelter Chinese language scammers working out of Cambodia.
Myanmar claims to have deported over 50,000 Chinese language rip-off manufacturing unit scammers since October 2023. With “click on a button” app scams persevering with to function on BehindMLM although, it’s clearly not sufficient.
In late January 2025, Chinese language ministry representatives visited Thailand. The acknowledged goal of the go to was to deal with organized Chinese language crime gangs working from Myanmar.
In early February 2025, Thailand introduced it had reduce energy, web entry and petrol provides to Chinese language rip-off factories working throughout its border with Myanmar.
As of February twentieth, Thai and Chinese language authorities declare ten thousand trafficked hostages had been free of Myanmar compounds.
Additionally on February twentieth, 5 Chinese language crime bosses have been nabbed in a wider raid of 4 hundred and fifty arrests within the Philippines.
No matter which nation they function from, finally the identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.
