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Is Treasure NFT Real or a Scam?
The term "Treasure NFT" can be confusing—because it's used in both good and bad ways. On one hand, Treasure Market is a legit NFT platform focused on blockchain gaming. It’s built on Arbitrum, has real utility, and is trusted by the Web3 gaming community.
On the other hand, fake platforms using the same name are popping up and scamming people. These sites promise big profits, rely on referral chains, and don’t offer any real products or services. That setup is similar to a Ponzi scheme—and once new users stop joining, it falls apart.
If you're looking to explore NFT gaming or trading, stick to the official Treasure Market atmarket.treasure.lol. But always do your own research and avoid any site that sounds too good to be true.
Why Fake Treasure NFT Platforms Are a Scam
No Real Product – You’re not buying or selling NFTs. You’re just referring others to make money.
Referral-Based Earning – Money comes from new users, not from value or trading—like a pyramid scheme.
No Long-Term Stability – Once signups slow down, the system collapses.
False Promises – Promoting easy money while hiding the real risks.
Why These Schemes Are Haram in Islam
Riba – Money is made without offering real value.
Gharar – The system is unclear and misleading.
Maysir – It works like gambling—hoping for profit based on chance.
Exploitation – People are pressured to bring in friends and family, causing harm.
Read more - How Treasure NFT Works: Features, Value, Trading & Safety Explained.