**🚨 MTC Fake Investment Scam Alert 🚨**
A new website, **mtcfund.io**, is gaining traction, but our advice is simple: **Stay Away!** It appears to be a fake investment scam posing as a staking platform designed to steal your funds.
🔒 **Protect Your Wallet**: Use the HashDit Chrome Extension to keep your funds safe!
**⚠️ Concerning Facts:**
- The website is poorly designed, and none of the links actually work.
- There is no information about the team or any project documentation.
**🚩 Red Flags:**
- **Referral Required:** You need a referral to sign up, and if you don't have one, you must get one via Telegram.
- **Unverified Contract:** Signing up requires interacting with their contract, which calls an unverified and unpublished registration function.
- **Low Returns:** Actual returns from staking are very low.
- **Multi-Level Scheme:** To earn income, you need to buy into a package and join a multi-level program, requiring referrals at each level (e.g., Platinum level requires 5 F1 golds).
- **Questionable Incomes:** They offer multiple income streams, including:
- A global money pool
- 30-40% from a registration pool
- 20-30% from a 1 million locked token
- $50k worth NFT
**Ponzi Scheme Alert**: This setup is characteristic of all Ponzi scams, which promise high returns but fail to deliver to anyone except the scammers themselves.
**🔎 Always #DYOR* Do your own research and avoid projects that promise unbelievable rewards!
