Teasure NFT launched Established in 2021, TreasureNFT formally debuted on October 3, 2022. Steven Alexander, the platform’s CEO, has represented TreasureNFT at a number of gatherings, such as the Asia Hong Kong Web 3.0 exchange show. As the team’s chief technology officer, Bob Steven has more than ten years of expertise in technology management.

A platform called Treasure NFT launched bills itself as an encrypted NFT marketplace that uses algorithmic trading to improve the experience of collecting and trading NFTs. On NFT investments, it promises daily returns between 1.8% and 4.65%. ​

Nonetheless, a number of questions have been made over TreasureNFT’s legitimacy:​

Unrealistic Profit Promises: The platform makes extravagant daily returns, which is unusual and frequently a sign of risky business endeavors or even frauds. ​

Referral-Driven Revenue Model: Treasure NFT launched offers commissions for bringing on new members through a multi-level referral system. These kinds of organizations, which mostly depend on ongoing hiring, can resemble pyramid scams.

Withdrawal Problems: Customers have complained of having trouble getting their money back, with accounts being frozen or withdrawals being refused without providing a reason. ​

Lack of Transparency: The platform’s legitimacy is called into doubt because to the scant information it offers regarding its founders, internal workings, and the details of its algorithmic trading tactics. Treasure NFT

Regulatory Concerns: Although the platform claims to hold a Money Services Business (MSB) license from FinCEN, there is not enough proof to support this claim.

It is recommended that prospective investors and users use caution and thoroughly investigate TreasureNFT in light of these warning signs. Putting your funds’ security first is crucial because investing in platforms with these red flags entails a high risk.You may find the following video useful for a visual summary and user experiences with TreasureNFT

 

 

 

 

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