In recent years, new forms of combining Ponzi schemes with blockchain concepts have emerged one after another, and many projects have used the banner of "chain games" to attract investors. In fact, this is nothing more than a Ponzi scheme scam packaged as a new concept. This article will expose a project called S-RISING to help everyone recognize the tricks behind it.

### S-RISING blockchain game: false publicity and shell companies

S-RISING claimed that it was led by Quantum Asset Management Pte Ltd of Singapore, and that many well-known companies followed suit. However, actual investigations found that the company was just a shell company, and the companies it claimed to lead and follow up with could not be verified. On April 17, S-RISING released its first promotional article, and just a few days later announced the launch of staking mining, which really made people doubt the authenticity and reliability of its project.

### Staking Mining: A Game Where Your Capital Is Hard to Preserve

On April 20, S-RISING announced that its public chain token BTCS was officially launched for mining, using ETH's latest mining model POA for staking mining. Users need to use blue diamonds to purchase mining machines and pledge BTCS tokens to mine. However, under this model, the principal pledged by users is often difficult to recover. The project party continues to attract users to invest funds through complex rule design and high returns, but in actual operation, the principal is likely to be swallowed up by the project party.

### High-yield bait: Unrealistic returns

S-RISING claims that its daily interest rate for staking mining can reach 2.4%. Such a high rate of return is obviously unrealistic. The project party uses high returns as bait to attract investors to continuously inject funds, but this rate of return is simply unattainable in the normal financial market. This practice is undoubtedly a capital operation to attract new funds to maintain operations. Once the capital chain is broken, investors will lose all their money.

### BTCS: worthless digital token

On May 15, S-RISING's token BTCS was launched on the PancakeSwap platform. Such platforms allow anyone to issue tokens by paying a small fee, so it is not difficult for the project to choose these platforms to launch. The project tried to sell tokens with no actual value to investors through packaging and publicity. The possibility of BTCS being launched on mainstream exchanges is extremely low, because it requires high costs and strict audits, which is obviously not something that such a weak project can afford.

### Avoid Ponzi schemes: Protect your investment

Today, thousands of similar projects emerge every day, issuing junk tokens under the banner of various concepts. Investors must be vigilant, recognize the nature of these scams, and not be blinded by the temptation of high returns. Remember, real investment aims at stable and long-term returns, not relying on empty promises of getting rich quickly.

In this crazy market, cherish your own funds, stay away from Ponzi schemes, and protect your property. Invest with caution and do not blindly follow the trend. Only by recognizing the truth can you avoid being deceived.#链游打金 #资金盘 #游戏