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The crypto industry warns that MetFi is a risk of being in the form of a ‘chain share’.

by MetFi is an NFT project focused on Web3.0 and Metaverse investments. the project owner claims he can earn up to 1000% Including guaranteed fixed returns, but must hold tokens or MFT token stakes worth around $8,000 per coin, as agreed. have less investment, low profit Invest a lot, get big profit. Provide high returns in this way by having to find new investors to fill them. It looks similar to the strategy of “chain share”. Academics and the crypto community have begun to warn against investing in this project.

Is “MetFi” a chain share or not?

Nuts Leungnaruemitchai Mr assistant manager of the Stock Exchange of Thailand and Assistant Manager, Head of Information Technology Operations Group Invite you to notice how “MetFi” is a chain of shares? Through personal Facebook, states that from the Office of Fiscal Policy Ministry of Finance Reveals the method of observing the pyramid scheme, namely that unlimited fundraising. Very high returns guaranteed Unable to verify financial information Congratulations to rush to make an investment decision. Organize a big seminar Claims that there are well-known people in joint ventures.

Compared to the case of MetFi Open for unlimited fundraising. If you want to buy shrimp, crab, fish, sharks, whales, you can buy them. no restrictions And guaranteed returns up to 100 – 1000% per year.The more you get new kids the higher your NFT upgrade. The higher the chance of winning, but the stake must be held for up to 5 years to get huge returns. and unable to verify financial information Although the information is kept on the blockchain, most people do not understand where the money comes from. and living abroad

From the information, it was found that There is still an incentive to rush into making investment decisions. After registration, you only have 30 days to find members to get a special bonus. If you are afraid of being overtaken by your children, you need to upgrade your NFT to be more than your children .There are also training seminars on zoom, facebook , youtube There are also large training events held in Bangkok, Phitsanulok and Chiang Mai, and claim that there are well-known people to invest in, including the police, the military, the inside and outside government service. Including previous business ventures as well

by MetFi calls itself a Decentralized Autonomous Organization (DAO) launched on Binance Smart Chain on May 21, 2022 and listed on the website https://metfi.io/ that investors will receive a fixed annual rate of return. And compounding up to 1000% per year with MetFi NFTs is a huge profit.

including Mr. Nat revealedRegistration information for Thai investors on the MetFi platform Starting from August 15 and increasing the number to 2,600 people today.

High return – high risk

Amazingly high returns Crypto market experts have always said that any project that pays high The risk is also high.

Sanchai Poplee Mr The CEO of Cryptomind Advisory Company Limited or Cryptomind disclosed thatA chain saw has a kind of bringing digital assets into consideration, of which “MetFi” has a very high chance of being a chain share. from inflated earnings to reality In the crypto market, “Crypto Scams” ​​are always happening.

Canon Jaratsuthikul Mr The Co-Founder and CEO of Forward Holdings said: “Pony Girl” and “Crypto Market” Are Happening Despite Market Drops This has happened since cryptocurrencies became popular. From the chain sharing process, it is popular among Thai investors. Although knowing the risks and knowing that it is schematic but he chose to invest Because it uses low investment but has high returns in a short time. Always invest in small increments and use the first gains to build on the next.

as well as “MetFi” when you see your face Both should not invest and see investment risks Although there are many details about the project. Including project tokens like MetFi (MFI) listed on regular exchanges. with a price of $8,330.97 (price as of October 26, 2022) Each of these can handle prices and trading volumes. or create them to improve the credibility of the project.

If going back 9 years ago “Bitcoin Complaint” very popular There is also a chain of bitcoin mining schemes, includingThe crypto market during the “Bull run” has a lot of market shares. Even a scoreboard shows the position of the schematic, which shares have the highest earnings or who has the most participants.

The “chain share” law.

However, the country does not have a law that directly deals with Pyramids. but must rely on neighboring laws to control only when there are victims these laws have someone who is responsible for looking after him different In addition, there is no clear duty to monitor and monitor illegal activities. Therefore, officers are not responsible for such matters.

So officers are unlikely to take legal action against criminals. Until the story became news in the newspapers. or news on social media moreover When a large number of participants share a chain It is also difficult to distinguish who the victim is. Who is the culprit, because really, anyone involved should be considered guilty. but in reality officials often choose to prosecute only famous people. or just the source of the process