Treasure NFT: Scam or Legit? The Truth Behind Its Referral Scheme
Treasure NFT operates on a referral-based earning model, where users don’t earn from any real product or service but only by bringing in new members. This structure is a clear sign of a Ponzi or pyramid scheme, where money from new users is used to pay earlier participants. Once new sign-ups decrease, the entire system collapses, leaving most users at a loss.
Why is Treasure NFT a Scam?
No Real Product or Value – A legitimate NFT platform should allow users to buy, sell, or trade digital assets. Treasure NFT, however, focuses solely on referrals.
Unsustainable Model – Earnings depend entirely on recruiting new members, making it inevitable that users will lose money once recruitment stops.
High Risk of Collapse – Such schemes always end with the majority of users suffering losses when the platform shuts down.
False Promises – They promote "easy earnings" but hide the high risks involved.
Why is Treasure NFT Haram in Islam?
Riba (Fraudulent Gains) – Islam prohibits making money without offering a real product or service, which is exactly what this scheme does.
Gharar (Deception & Uncertainty) – Users are misled into believing they are investing in NFTs when, in reality, they are part of a recruitment-based scam.
Maysir (Gambling) – The system is like a gamble, where participants invest money hoping that new users will join to pay them back.
Exploitation – These schemes take advantage of people, often pressuring them to involve family and friends in a fraudulent cycle.
Final Verdict
Treasure NFT is both a scam and haram,
