Treasure NFT fails to offer 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 via 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 means whoever is operating Treasure NFT has ties to China.
As all the time, if an MLM firm shouldn’t be overtly upfront about who’s operating or owns it, assume lengthy and laborious 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 in a position to 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 supplied 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 throughout the workforce. 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 revenue alternative requires a minimal 1 USDT funding.
Treasure NFT Conclusion
Treasure NFT is 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’s going to not fall.
A set 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 instances 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 will make extra reservations and select from extra value ranges, thus leading to the next revenue.
Button-clicking inside Trasure NFTs’ app purportedly generates income by way of NFT “reservations”, which corresponds with faux buying and selling.
The reservation mechanism and C2C aggregated buying and selling will maintain the market in a long-term demand outstripping provide, and typically the reservation shouldn’t be all the time profitable in shopping for.
The fixed demand available in the market will drive the value of NFT up. 4.3%-6.8% value improve is a really conservative and prudent improve in comparison with the market the place demand exceeds provide in the long term.
Promoting fictional NFTs to fictional patrons via fictional buying and selling purportedly generates Treasure NFT’s ROI income.
If that is senseless 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 not too long ago collapsed “click on a button” app Ponzis are AI-UP, Mining Memes and Energy.
Since 2021 BehindMLM has documented a whole bunch of “click on a button” app Ponzis. Most of them final just a few 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 sometimes 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 price 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 nations.
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 numerous corporations 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 characteristic on BehindMLM although, it’s clearly not sufficient.
In late January 2025, Chinese language ministry representatives visited Thailand. The said purpose of the go to was to deal with organized Chinese language crime gangs working from Myanmar.
In early February 2025, Thailand introduced it had lower 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.