Treasure NFT: Scam or Legit? The Truth Behind Its Referral System
Treasure NFT operates on a referral-based earning model, where users earn money primarily by recruiting others rather than from any tangible product or service. This structure mirrors a classic Ponzi or pyramid scheme, where the funds from new members are used to pay those who joined earlier. When new sign-ups slow down, the entire system eventually collapses.
Why Treasure NFT is a Scam
Lack of Real Product or Value – Legitimate NFT platforms enable users to buy, sell, or trade digital assets. Treasure NFT, however, focuses solely on recruiting new members with no actual product or service to offer.
Unsustainable Model – Earnings depend entirely on new users joining the platform. Once recruitment slows, those who joined late lose their money.
High Risk of Collapse – Like all Ponzi schemes, Treasure NFT is destined to fail, leaving most users with significant losses once the platform shuts down.
False Promises – They often promote easy profits without revealing the high risks involved in such schemes.
Why Treasure NFT is Haram in Islam
Riba (Interest or Fraudulent Gains) – Earning money without providing any real value or service contradicts Islamic finance principles.
Gharar (Uncertainty and Deception) – Users are misled into believing they’re investing in NFTs, but the reality is that they’re participating in a referral-based scam.
Maysir (Gambling) – The platform operates like a gamble, where users invest money hoping for returns from new recruits, similar to betting.
Exploitation – These schemes exploit participants by encouraging them to recruit friends and family, trapping them in a fraudulent cycle.
In conclusion, Treasure NFT is both a scam and haram. It relies on a deceptive referral system with no legitimate business model. For halal ways to earn online, consider exploring authentic NFT projects, freelancing, or ethical investments.
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