Thursday, April 24, 2025

Treasure NFT: Innovation or Scam? A Comprehensive Review of TNFT

 

Is Treasure NFT a groundbreaking Web3 innovation or an elaborate scam? Discover the rise, fall, and controversy behind TNFT's AI-powered marketplace, blocked withdrawals, and rebranding in this in-depth review.

In the rapidly evolving landscape of Web3 and digital assets, Treasure NFT (TNFT) positioned itself as a revolutionary NFT marketplace combining artificial intelligence, cross-chain integration, and innovative ownership models.

Launched in 2021, the platform aimed to solve core problems in the NFT space, such as illiquidity, speculative pricing, and high entry barriers, through advanced tech and novel mechanics like fractional ownership.

Yet, for all its bold claims and futuristic features, Treasure NFT has become one of the most controversial projects in recent crypto history. Accusations of fraud, blocked withdrawals, and a complete platform shutdown have left many investors questioning whether it was ever a legitimate operation.

In this in-depth review, we’ll explore Treasure NFT's rise and fall, its core features, TNFT latest updates, and the growing evidence that it may have been a sophisticated scam.

What Is Treasure NFT (TNFT)?

Treasure NFT was presented as a Web3-based NFT trading platform and investment system that utilized AI algorithms, gamified interfaces, and community-driven governance.

From its inception, it promised revolutionary tools for NFT staking, minting, and trading—all while offering investors daily returns ranging between 4.3% and 6.8%, and monthly returns of up to 30%.

The platform’s official domain, treasurenft.xyz, described it as the world’s first encrypted NFT marketplace offering:

1. AI-powered price adjustment for NFTs

2. Fractional NFT ownership (FNFTs)

3. Support for multiple blockchains (Ethereum, Polygon, BNB Chain, TRON, and later, Solana)

4. Integrated wallets like MetaMask and Coinbase Wallet

5. Multilingual user interface

6. Lifetime royalties for NFT creators

7. Referral rewards and community quests

Innovative Features That Attracted Attention

Treasure NFT packed its marketplace with seemingly advanced features that drew in artists, collectors, and investors alike. These included:

1. Fractional Ownership: Enabling users to co-own high-value NFTs, thereby lowering the barrier to entry.

2. Auction and Combo Sales: Allowing creators to bundle NFTs for flexible pricing and market reach.

3. Built-in Minting Tools: Facilitating easier NFT creation for artists.

4. Decentralized Governance: Letting token holders vote on platform decisions.

5. Cross-Chain Interoperability: Facilitating NFT trading across multiple blockchains.

6. Energy Efficiency: Positioning itself as a green alternative due to its use of low-energy blockchain solutions.

These innovations were further enhanced in 2025 with new updates such as:

1. Solana integration

2. Real-time AI trading algorithms

3. In-app currency rewards (e.g., Gems)

4. Decentralized storage using IPFS and Arweave

5. A faster, optimized mobile app and web dashboard

The Dark Side: Allegations and Red Flags

Despite its technological promise, Treasure NFT began to show troubling signs that raised red flags among users and crypto experts. The platform’s most serious issues include:

1. Unrealistic Profit Promises: Offering daily staking returns of 4.3–6.8% and 30% monthly profits defied conventional financial logic and mirrored the mechanics of high-yield Ponzi schemes.

2. Lack of Transparency: There was no verifiable whitepaper, team documentation, or technical audits to back the project’s ambitious claims. Details about the AI technology and its pricing model remained vague and unverified.

3. Referral-Based Growth: Treasure NFT relied heavily on user referrals to bring in new capital—another trait common in multi-level marketing (MLM) and Ponzi schemes.

4. Withdrawal Issues: By early 2025, users began reporting that withdrawals were blocked or delayed. Some users were forced to wait over 480 hours to retrieve funds—if they could at all. Support channels went silent, and the Treasure NFT official website was taken offline.

5. Abrupt Shutdown and Rebranding: In April 2025, the platform announced a shutdown and began redirecting users to a new project, NFT Gold, which claimed to offer transparency and better features. However, many experts believe this to be a classic “rug pull” followed by a rebrand to ensnare new victims.

User Reactions and Community Sentiment

The response from the crypto community has been overwhelmingly negative:

1. Trustpilot reviews labeled the platform a scam, with the majority awarding a 1-star rating.

2. YouTube videos and Telegram discussions chronicle user losses, blocked accounts, and warnings for new investors.

3. Reports from CryptoPotato and other watchdogs confirm that users lost access to funds without explanation.

Despite some loyal supporters who still believe in TNFT’s mission, the dominant narrative paints a grim picture of deception and financial loss.

Treasure NFTs in the Arbitrum Ecosystem: A Separate Story

Adding to the confusion is the existence of Treasure NFTs in the Arbitrum ecosystem, which is not affiliated with the now-defunct TreasureNFT platform. This separate project uses the $MAGIC token and focuses on interoperable digital assets for gaming.

These Treasure NFTs serve functional purposes in games like Bridgeworld, The Beacon, and Smolverse, and are part of a growing network of composable, lore-driven digital assets.

These are seen as legitimate and technically sound—unlike the now-defunct Treasure NFT marketplace.

Conclusion: Is Treasure NFT a Scam?

Based on user reports, technical analysis, and industry watchdog evaluations, it is safe to conclude that Treasure NFT (TNFT)—as promoted through treasurenft.xyz—is most likely a scam.

Warning Signs Recap:

1. Unsustainable ROI promises

2. No legal transparency or tech audits

3. Referral-based revenue model

4. Withdrawal and liquidity issues

5. Disappearance of the platform and its leadership

6. Rebranding to NFT Gold without addressing previous failures

While Treasure NFT once promised to redefine the NFT marketplace with AI and multi-chain tools, its downfall illustrates the dark side of unregulated crypto ventures. Investors are urged to approach similar platforms with extreme caution, verify all documentation, and remember the golden rule of crypto:

If it sounds too good to be true, it probably is.

Legal recourse and reporting to cybercrime authorities may be necessary for those who have already invested. For newcomers, always research thoroughly, start small, and use platforms with verified credentials and community trust.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Sing & Dine with Manekineko’s Value Lunch Package!

 

Looking for the perfect lunchtime escape? Karaoke Manekineko has just the thing! Enjoy delicious food and joyful singing all in one deal with our Lunch Package, available daily from Monday to Sunday (including public holidays) between 11 AM – 3 PM.

Karaoke Manekineko invites you to elevate your midday routine with its Meal of the Day Lunch Package, available at all outlets nationwide! This delicious deal combines hearty meals with joyful karaoke sessions — the perfect lunchtime combo for food and music lovers alike.

Available daily from 11:00 AM to 3:00 PM, including public holidays and their eves, the promo includes:

🎤RM18++ – 1 Hour Karaoke + Meal

🎤 RM22++ – 2 Hours Karaoke + Meal

🎤 RM27++ – 3 Hours Karaoke + Meal

The Meal of the Day changes regularly, so guests are encouraged to check with the reception to find out what tasty dish is featured that day! Whether you’re enjoying a solo lunch break or bringing along your friends, this package is a fun and affordable way to spice up your day.

✨ This offer is valid at all Karaoke Manekineko outlets across Malaysia.

📌 Note: Prices exclude 8% SST and 10% service charge. Terms & conditions apply.

So why settle for an ordinary lunch when you can sing while you dine? Head over to Karaoke Manekineko and make lunchtime the highlight of your day!

About Koshidaka International KL Sdn Bhd

Koshidaka International was incorporated in 2021 at Kuala Lumpur, Malaysia as a full subsidiary of Koshidaka Holdings. The company serves as a management consultancy arm for the Karaoke Manekineko operations in Malaysia, Thailand, and Indonesia. Karaoke Manekineko is a friendly and safe environment for Karaoke that is designed to accommodate a diverse range of customers, from families with young children to groups of friends and corporate teams.

This press release has also been published on VRITIMES

P.A. Properties launches Kwentong Bahay, Kwentong Buhay Vlogging Competition Season 2: Lights, Camera, DREAM HOME!

In celebration of its 30th anniversary, P.A. Properties proudly announces the return of its highly anticipated Kwentong Bahay, Kwentong Buhay Vlogging Competition – Season 2, with the exciting theme: Lights, Camera, DREAM HOME!

This year’s competition is bigger, bolder, and more inspiring as it continues to shine a spotlight on the heartfelt stories of P.A. Properties homeowners. All homebuyers—from long-time residents to newly turned-over units—are invited to share their unique journey to homeownership through a compelling and creative vlog.

Participants stand a chance to win up to PHP 30,000.00 in cash prizes! Whether it’s about building dreams, overcoming obstacles, or celebrating new beginnings, every home has a story—and we want to hear yours.

Competition Mechanics Snapshot:

Who Can Join? Open to all P.A. Properties homeowners and their immediate family members living in the same household. Previous non-winning participants are welcome to join! (Note: Past winners and employees of P.A. Properties are not eligible.)

Vlog Guidelines:

      ○      Vertical video format (1080x1920 pixels)

      ○      Duration: 1–3 minutes

      ○      Only one entry per household

      ○      Must use original or royalty-free music

Criteria for judging:     

      ○      Storytelling (40%): Clarity and organization of the narrative

      ○      Authenticity (25%): Genuine emotions conveyed in the vlog

      ○      Video Quality/Editing (25%): Stability of the video, smooth transitions, and audio quality 

      ○      Audience Impact through online voting (10%)

How to Join:          

Submit your entry by registering and uploading through the official form: https://www.paproperties.com.ph/kwentongbuhaykwentongbahayS2/

Prizes

      ○      Grand Prize: 30,000 Pesos  

      ○      2nd Prize: 15,000 Pesos  

      ○      3rd Prize: 10,000 Pesos

      ○      Voter’s Choice: 3,000 Pesos

Important Dates:

       ○      Submission Period: April 21 to May 31, 2025

        ○      Announcement of Winners: June 20, 2025 via P.A. Properties and Kwentong Bahay Kwentong Buhay Facebook Page

Full competition mechanics available at: www.paproperties.com.ph/KBKBS2fullmechanics

Let your story be heard. Lights, camera… dream home!

Per DTI Fair Trade Permit No. FTEB-221735 Series of 2025

About P.A. Alvarez Properties and Development Corporation
Nestled in San Pedro, Laguna, P.A. Alvarez Properties and Development Corporation (P.A. Properties) is a leading developer of low to medium-cost housing communities in Southern Luzon. Since its establishment in 1994, the company has crafted over 30,000 homes across key Philippine provinces, with plans to build an additional 20 communities in the next 5 years. P.A. Properties, guided by the tagline "Behind Every Home is a Story," not only addresses the nation's housing backlog but also actively contributes to economic growth. Through philanthropic initiatives, such as hospital donations in Cabuyao, providing right of way in Pampanga for civic centers, and establishing SanJo's markets in provinces like Laguna and Bulacan, the company weaves a narrative of community development and nationwide impact.
This Press Release has also been published on VRITIMES

 

OHA! Studios Set to Roar with New Business Show Launch

  

STORY:

OHA Studios, a collegiate production house from the University of Santo Tomas is set to launch a business show titled "Roar to Riches," premiering its pilot episode on April 28 through the UST Tiger TV Facebook page at 3:00 PM. Produced as part of their TV Production class, the show promises to spotlight inspiring entrepreneurial journeys and practical financial insights for the Thomasian community and beyond.

The show, inspired by Shark Tank, assists Thomasian students, specifically from the College of Commerce and Business Administration, to have a chance to pitch their businesses in front of selected judges.

Show as an avenue of success for student-business owners

Roars to Riches stands as a powerful catalyst for aspiring Thomasian entrepreneurs, providing them with a platform to transform their business ideas into actionable ventures. In high-stakes pitching rounds, students present their concepts to a panel of business experts known as The Tigers — composed of esteemed alumni, professors, and industry leaders. This setting serves as valuable exposure and gives participants the opportunity to receive strategic feedback and mentorship from professionals who have successfully navigated the business landscape themselves.

Beyond pitching, the show promotes creativity, practicality, and collaboration, equipping students with real-world insights and a supportive community that encourages entrepreneurial risk-taking and innovation.

“This show defies the stereotype that the youth cannot drive meaningful change,” shared Nadine Hernandez, Executive Producer. “We believe in the transformative power of young innovators and want to elevate their ideas — proving that, with the right support, they can achieve greater heights.”

Through Roars to Riches, it will nurture confidence, sharpen critical thinking, and foster a sense of leadership and responsibility among its participants. It reinforces the belief that the youth, when empowered, are capable of becoming trailblazers in business and society.

Combining Educational Value with Real-World Preparation

Breaking away from the mold of traditional business competitions, Roars to Riches introduces a fresh and reality-inspired format that blends learning with entertainment. The show immerses student entrepreneurs in real-world scenarios that challenge their creativity, business instinct, and decision-making under pressure.

“They will expect a new and innovative concept for a student-produced show as we venture into the realm of business,” said Justine Ariola, Executive Producer. “We have pushed the boundaries to create a reality-like television experience that captures both the creative and strategic aspects of negotiation. The show will feature aspiring student entrepreneurs and business experts, providing high-stakes moments, valuable insights, and inspiring stories.”

“The show cultivates an entrepreneurial mindset among Thomasians by providing real-world experience in business planning, pitching, and even production,” added Coleen Hufanda, Executive Producer.

Beyond the entertainment, Roars to Riches doubles as a hands-on learning experience. It is an opportunity to grow not only as future business leaders but also as creative thinkers and a crash course in entrepreneurship taught not in a classroom, but in front of the cameras.

“More than just a show, our mission is to actively contribute to the advancement of the Sustainable Development Goals, particularly SDG 9, which champions innovation and sustainable industries,” said Nadine Hernandez, Executive Producer. “Through this program, we aim to empower young entrepreneurs, inspire them to be catalysts for change, and encourage them to play a pivotal role in shaping a better, more sustainable future.”

Within the Thomasian community, Roars to Riches is helping to spark a culture of innovation. It brings together students from different backgrounds to collaborate, share ideas, and build something impactful, something that reflects not only their business skills but also their values and vision.

Running from April 28 to May 13, Roars to Riches is a three-episode showcase of the bold and boundless spirit of entrepreneurship. More than just a show, it’s a launchpad for student dreamers—those unafraid to take risks, challenge norms, and grow into visionary leaders who will shape industries and uplift communities.

About OHA! Studios

OHA! Studios is a collegiate production house from the University of Santo Tomas in collaboration with Tiger Media Network, the official broadcasting arm of the University of Santo Tomas.

This Press Release has also been published on VRITIMES

Naga City Just Declared War on Corruption — with a 100% Filipino-Made Technology

While corruption scandals dominate national headlines, one city decided to fight back — quietly, intelligently, and without fanfare. Naga Ci...