The NFT boom has revolutionized digital ownership, but it has also attracted bad actors. TreasureNFT, launched in 2021 by TreasureMeta Technology Inc., markets itself as the world’s first comprehensive NFT trading platform driven by algorithmic trading. It promises daily returns of 4.3% to 6.8% and monthly profits up to 30%, using AI to stabilize NFT prices. On the surface, it offers fractional ownership, a referral bonus system, and a beginner-friendly mobile app. However, as of March 28, 2025, mounting evidence suggests TreasureNFT is a Ponzi scheme disguised as Web3 innovation.
How TreasureNFT Operates
TreasureNFT claims to use algorithmic trading bots on the Polygon blockchain (with planned expansion to Ethereum, BNB Smart Chain, and TRON). Unlike legitimate marketplaces like OpenSea where prices are determined by supply and demand, TreasureNFT asserts its AI ensures consistent profits. Key features include automated reinvestment, a multi-level referral system, and a low entry barrier of $10. Users can also buy fractional shares of expensive NFTs, making it accessible to retail investors.
The referral system is a major red flag. Users earn up to 15% direct commission and team bonuses for recruiting new members. This structure mirrors classic pyramid schemes where early participants are paid from new investments, not from actual trading profits. Once the inflow of new users slows, the system collapses.
Withdrawal Issues and Regulatory Concerns
Numerous user reports describe frozen accounts and denied withdrawal requests. TreasureNFT often cites “risk control” or “system maintenance” to delay payouts, eventually locking funds entirely. This behavior is typical of Ponzi schemes that lack liquidity. Although TreasureNFT holds an MSB license from FinCEN, that license only ensures anti-money laundering compliance, not business legitimacy. Investigations hint at deeper operational issues and possible fraud.
Conclusion: A Financial Trap
TreasureNFT tantalizes with AI-driven wealth, but its unrealistic returns, referral dependency, withdrawal blocks, and opacity mark it as a scam. The NFT space holds real potential, but only through transparent, market-driven platforms. Investors should use reputable platforms like OpenSea or Treasure Market and avoid any project promising guaranteed high returns. If an offer sounds too good to be true, it almost certainly is.