Treasure NFT has been one of the most talked about names in the South Asian crypto space over the past few years. It first appeared as a platform that promised something almost every investor dreams about, which is steady daily income from trading without having to understand the technical side of blockchain at all.
This Treasure NFT review looks at what the platform claimed to offer, how it actually operated, and what the current situation looks like for the people who put their money into it.
An NFT, short for non fungible token, is a digital record on a blockchain that proves ownership of a specific item, like art, music, a game asset, or a collectible.
Each token is unique and cannot be swapped one for one like a regular coin.Each purchase is recorded on the blockchain, making it easy to see who owned and when. That is what makes different from a normal file, since a picture can be copied endlessly but the token proving original ownership cannot.
In a real market, value comes from actual buyers wanting a specific token, and every sale can be checked openly on a blockchain explorer.
The platform introduced itself as an AI powered NFT trading ecosystem. According to its own marketing, a set of algorithms would identify undervalued NFTs, buy them, flip them for profit, and then share that profit with users who had deposited stablecoins into the system.
This was pitched as a passive income opportunity where users simply needed to purchase an package and then wait for daily returns to appear in their dashboard.
Unlike genuine NFT marketplaces, where buyers and sellers trade directly with each other and every transaction can be verified on a chain, Treasure NFT worked as a closed system.
There was no public blockchain record showing that any actual trading was happening. Users were simply trusting the numbers shown inside the app.
Here is what the platform advertised to attract new users.
An AI driven algorithm that claimed to spot undervalued and flip them for profit
Daily passive income ranging roughly between 4 percent and 7 percent
Simple packages that could be purchased with stablecoins, needing no trading knowledge
A referral program offering extra rewards for inviting new members
A dashboard showing real time profit tracking for each user
Blockchain style branding meant to make the platform look technically credible
None of these features came with independent proof. Everything a user saw was generated inside the platform's own dashboard, with nothing that could be checked on a public blockchain explorer.
A user would sign up, deposit stablecoins, and pick an NFT package. The dashboard showed daily profits adding up on its own, no trading needed.
Withdrawals opened after a set waiting period, and referral links paid extra for bringing in new members. It felt so simple that most people never questioned whether real trades were even happening.
Account Setup: Users first created an account on the platform.
Packages: They could choose from different packages.
Stablecoin Deposits: Payments were made using stablecoins.
Daily Earnings: The dashboard displayed earnings over time.
Referral Rewards: Users could earn extra by inviting others.
Withdrawals: Funds could be requested after the required waiting period.
For more details about the platform, users can check the official Treasure NFT Doc .
Aspect | Genuine NFT Marketplace | Treasure NFT |
Trading model | Buyers and sellers trade directly with each other | Deposits get pooled and supposedly traded internally by the platform |
Transparency | Every sale is visible on a public blockchain explorer | No independent record of any trade, ever |
Returns | Come from actual sales, demand, and royalties, so they rise and fall with the market | Fixed daily returns of 4 to 7 percent, promised no matter what the market is doing |
Revenue source | Trading fees and genuine sales activity | Mostly new user deposits and referral sign ups |
Regulation | Usually registered and answerable to standard digital asset rules | Never registered with any recognized financial regulator |
Withdrawals | Processed on demand and settled on chain | Waiting windows kept stretching longer until payouts stopped completely |
Treasure NFT gained real traction between 2022 and early 2025, especially in India, Pakistan, and Bangladesh.A few things drove that growth.
Early users kept posting screenshots of daily profits on social media, and that kind of social proof pulled in a steady stream of new sign ups
The referral setup rewarded existing members for bringing in friends and family, so growth largely fed on itself
Marketing content was full of AI and blockchain buzzwords, which made the platform sound more technically solid than it actually was
Aggressive offers promised to double an initial deposit of around 100 dollars, which pushed a lot of hesitant users to finally sign up
That kind of setup helped the platform grow fast, but it is also exactly the pattern you see in Ponzi style investment schemes. In these setups, payouts to older users come from money brought in by newer ones, not from any real underlying business.
Things started going wrong for Treasure NFT in March 2025. Users began facing withdrawal problems, with many requests getting stuck or rejected. As a result, many users were unable to get their money back.
Pakistan alone saw an estimated 45 billion rupees in losses, close to 160 million dollars, and West Bengal Police put out public advisories calling the platform fraudulent.
The operators did not just disappear though. The project resurfaced under new names, first as Treasure Fun, then as Nova NFT, and more recently under something called NFT Gold.
Shutting down and reopening under a fresh name is a pretty common move for platforms that were never running a real business to begin with, since it lets the same people pull in a new round of investors who have no idea about the history behind it.
few points :
Unrealistic returns: promised daily gains of roughly 4 percent to 7 percent are simply not sustainable for any legitimate trading operation over time, since compounding at that rate would outpace nearly every real financial market in the world
No verifiable trading activity: there was no independent smart contract audit or on chain record of the trades the platform claimed to be making, unlike a real NFT marketplace where transaction history can be checked publicly
Anonymous team: the people running the platform remained largely unidentified, which made accountability nearly impossible once problems started
Referral dependency: heavy reliance on referral rewards meant new deposits were effectively funding payouts to earlier members, the basic mechanic behind a pyramid style setup
Sudden rule changes: withdrawal windows kept stretching longer right before the platform froze payouts complete.
Public reviews of Treasure NFT are overwhelmingly negative today. Many users describe losing their initial deposits entirely, while some report receiving only a small partial payout before withdrawals froze completely.
A number of early positive reviews are now viewed with suspicion, since some appear to come from accounts tied to the referral network itself rather than independent users.
For users in India, it is worth noting that NFTs fall under the Virtual Digital Asset category as defined by the Finance Act of 2022.
Any gains would technically be taxed at a flat 30 percent, along with a 1 percent tax deducted at source on transactions.
However, Treasure NFT itself was never registered with any recognized financial regulator, which means users had no official protection or recourse when things went wrong.
Public reviews of Treasure NFT are overwhelmingly negative today. Many users describe losing their initial deposits entirely, while some report receiving only a small partial payout before withdrawals froze completely.
A number of early positive reviews are now viewed with suspicion, since some appear to come from accounts tied to the referral network itself rather than independent users.
When you look at the whole picture, Treasure does not really look like a genuine trading platform. There is no clear on-chain proof of the trades it claimed to make. The daily returns also looked unrealistic for a normal business. Then the withdrawals stopped, and the platform later appeared under different names.
This was more than just a temporary problem. The way the platform operated raised serious concerns that it was mainly collecting deposits instead of making money through real trading.
If you still have money in Treasure or any of the platforms linked to its rebranded names, take the situation seriously.
Do not put any more money into the platform, even if it is operating under a new name.
Keep your screenshots, payment details, and transaction records safe.
If you lost money, consider reporting the matter to the cybercrime or consumer protection authorities in your country.
Learn about common warning signs of fake investment platforms so you can avoid similar situations in the future.
A genuine project normally creates value through a real product, service, or active community. Promising fixed daily income and rewarding people for bringing in new users are signs that deserve careful attention.