Treasure NFT is a digital platform that markets itself as an AI-powered NFT trading ecosystem, promising users daily passive income through automated buying and selling of Non-Fungible Tokens (NFTs). The platform gained significant traction across South Asia between 2022 and early 2025, particularly in India, Pakistan, and Bangladesh, before reports of withdrawal failures and a platform shutdown emerged in March 2025. As of 2026, the platform is no longer operational in its original form.
Key Takeaways
- Treasure NFT was an automated NFT trading platform that claimed to generate daily returns of 4.3%–6.8% using artificial intelligence.
- In March 2025, the platform stopped processing withdrawals. Of 1,887 withdrawal forms submitted, only 121 were successfully processed, according to data the platform itself published on its official X account.
- No verified on-chain NFT trading activity associated with Treasure NFT has been found on any public blockchain explorer.
- The platform subsequently appeared under two new names, Treasure Fun and Nova NFT.
- Treasure NFT and TreasureDAO (MAGIC token) are two entirely different and unrelated entities.
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What Is Treasure NFT?
Treasure NFT launched in October 2022 and positioned itself as a blockchain-based platform that combined NFTs, gaming, and passive income rewards through staking, daily activities, and referral bonuses. It described itself as the first NFT platform to use AI algorithms to identify undervalued digital assets, purchase them automatically, and sell them at a profit, with those profits distributed to users who had deposited funds on the platform.
Users did not need trading experience or market knowledge. The system, it claimed, handled everything automatically.
How Did Treasure NFT Work?
The platform operated on what it called a “reservation” or “package” system. Here is how it was structured, in simple terms:
Step 1
Deposit: Users deposited stablecoins (digital currencies pegged to the US Dollar) into the platform to purchase an NFT package.
Step 2
AI Trading Cycle: The platform claimed its AI would use those funds to buy and sell NFTs over a 24-hour cycle, generating a fixed daily return.
Step 3
Referral Earnings: Users earned additional income by referring others to the platform. A major portion of user earnings reportedly came from recruiting new members rather than actual NFT sales or blockchain activity.
Step 4
VIP Levels: Higher deposits unlocked higher VIP tiers, which promised greater daily returns and required more active referral activity.
What Happened to Treasure NFT in 2025?
This is the question most people searching for Treasure NFT in 2026 are trying to answer.
Treasure NFT collapsed in March 2025 after blocking withdrawal requests from investors who had deposited an estimated $143.8 million during a promotion that promised to double initial $100 investments.
The platform had extended its standard 96-hour withdrawal window first to 168 hours, and later to over 480 hours. By the end of March, withdrawal requests were being rejected outright or left in indefinite pending status.
The financial impact on investors in the region was substantial. In Pakistan alone, an estimated 100,000 investors lost funds, with total losses reported at approximately PKR 45 billion (roughly $160 million USD), making it one of the largest digital fraud incidents in the country’s history.
Treasure Fun and Nova NFT
Following the shutdown of the original platform, users reported that a successor appeared.
In the spring of 2025, a new domain at treasurefun.xyz appeared, accepting the same login credentials from the original Treasure NFT app and introducing a new in-house token called TUFT.
West Bengal Police’s May 6, 2025, advisory explicitly addressed this development, warning that Treasure Fun was to be treated as a continuation of the original scheme and advising citizens not to deposit funds into it.
Users on Trustpilot subsequently reported a further rebrand to a platform called Nova NFT, with each iteration asking existing users to make fresh deposits in order to “unlock” their previous balance.
Treasure NFT vs. TreasureDAO (MAGIC Token)
A common source of confusion online is the conflation of Treasure NFT with TreasureDAO, a separate and unrelated blockchain project.
| Topic | Treasure NFT | TreasureDAO (MAGIC) |
| Token (symbol) | Non Verified | MAGIC |
| What it is | Closed investment platform; decentralized gaming ecosystem | Closed investment platform; decentralized gaming ecosystem |
| Blockchain / Layer | Arbitrum | Arbitrum |
| On‑chain activity | No verified on‑chain activity reported | No verified on‑chain activity reported |
| Token status | None verified | None verified (MAGIC referenced) |
As of late April 2026, MAGIC trades around $0.068 with a market cap of roughly $22 million, ranking approximately #826 on CoinGecko. The project has undergone significant restructuring but continues to operate as a legitimate entity. The two share a word in their names and nothing else.
Warning Signs Investors Have Highlighted
Based on user reports, regulatory advisories, and independent analyses, here are the concerns that have been widely documented about the platform:
Fixed daily returns in a volatile market
Genuine investment returns, in any asset class, fluctuate with market conditions. No regulated product in equity, debt, or digital assets guarantees a fixed daily percentage return.
Referral-dependent income
The platform’s operations relied primarily on a referral-based model, in which new users were recruited to invest while profits for earlier investors were paid from funds contributed by new participants.
No publicly verifiable transactions
Every legitimate NFT trade leaves a permanent record on a public blockchain. Investigators and users were unable to verify Treasure NFT’s claimed trading activity on any blockchain explorer.
Anonymous founders
Treasure NFT claimed to be registered in Tempe, Arizona, but the address corresponded to a Russian music academy. LinkedIn profiles used to represent the company’s team were found to be fabricated.
Current Withdrawal Status (2026)
As of early 2026, most withdrawal requests from the platform are being rejected or left in a perpetual pending state. The platform’s operators have reportedly moved to a new project, leaving the original liquidity pools empty. Users attempting to access funds from the original platform or its successor versions have largely been unsuccessful.
If you have funds on the platform, avoid depositing additional funds in response to any request claiming that a new deposit is required to process a pending withdrawal. This is a documented pattern in the successor platforms.
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FAQs
What is Treasure NFT in simple terms?
Treasure NFT was a mobile application that claimed to use Artificial Intelligence to automatically trade NFTs on behalf of users, generating daily returns. Users deposited money into the platform and were promised fixed daily income without needing to actively trade themselves.
Is Treasure NFT still working in 2026?
No. The platform stopped processing withdrawals in March 2025 and subsequently went offline. It has since appeared under different names, but the original platform is non-functional.
Can I get my money back from Treasure NFT?
Users globally have reported being unable to withdraw funds. Indian investors can file a cybercrime complaint at cybercrime.gov.in with all available transaction evidence. Recovery through the platform itself is not currently possible, as it is no longer operational.
What is Treasure Fun? Is it the same as Treasure NFT?
Treasure Fun (treasurefun.xyz) appeared after Treasure NFT shut down in early 2025. It accepted login credentials from the original platform and introduced a new token called TUFT.
