Treasure NFT’s Last Chance? All Eyes on November 2 Withdrawal Promise
Treasure NFT Withdrawal Update: Will November 2 Bring Relief or More Delays?
After weeks of speculation and mounting frustration among investors, the blockchain project Treasure NFT has once again captured headlines. The platform — which promotes itself as a fusion of NFTs, gaming, and passive income — has announced that its long-delayed withdrawal function will officially reopen on November 2, 2025.
This announcement, shared via the project’s verified X (formerly Twitter) account, follows repeated postponements and a swirl of controversy surrounding its operations, credibility, and user payouts. Many in the crypto community are calling tomorrow a potential “make-or-break” moment for Treasure NFT’s future.
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| Source: TreasureFun Official X Account |
The Background: A Promised Ecosystem of Earning and Gaming
Treasure NFT markets itself as a decentralized platform where users can earn tokens through staking, completing daily tasks, or inviting others via referral programs. Since its launch, the project attracted global attention — particularly across India, Southeast Asia, and parts of Africa — for its unusually high promised returns, sometimes reaching 5% to 10% per day, depending on the tier and level of participation.
At first glance, Treasure NFT appeared to capitalize on the booming NFT trend by linking collectible assets to gaming-based rewards. But over the past few months, its credibility has come under increasing scrutiny as users reported frozen accounts, unprocessed withdrawals, and a lack of verifiable blockchain activity supporting its claims.
What Happened to Withdrawals?
Initially, Treasure NFT had promised users that the withdrawal feature would reopen on November 1, 2025, following an earlier “system maintenance period.” However, as the date approached, users began noticing silence from the team — no official statements, no clear timelines, and no blockchain updates.
On November 1, rather than processing withdrawals, the platform instead posted a new announcement confirming that the feature would be pushed to November 2, 2025. The team cited two main reasons for the delay:
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System upgrade and data migration to a new platform, called Nova NFT.
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Time zone synchronization issues between the U.S. and India that reportedly delayed backend updates.
The post claimed that after this final adjustment, the withdrawal process would be “smoother, faster, and more secure” — a statement that has since been met with mixed reactions from its global user base.
Why November 2 Matters
For thousands of users, November 2 isn’t just another date. It represents the final hope for legitimacy. Many investors have funds locked in the platform since early September, when Treasure NFT suddenly suspended withdrawals citing “technical optimization.”
Since then, its Telegram and X communities have been flooded with questions, frustration, and even warnings from alleged victims who claim they have been unable to retrieve their deposits.
Analysts note that if the withdrawals actually resume on November 2, it could restore some degree of user trust. However, if delays persist or withdrawals remain restricted, it could mark the end of public confidence in the project altogether.
Experts Question the Legitimacy
Industry analysts and blockchain auditors have raised red flags about Treasure NFT’s operations. Despite branding itself as an “NFT income platform,” experts argue that its structure resembles a multi-level marketing (MLM) program more than a decentralized NFT marketplace.
Several concerning factors have been highlighted:
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Unrealistic daily ROI promises (returns of 5–10% per day are not sustainable in legitimate finance).
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Absence of regulatory registration under India’s RBI or SEBI authorities.
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Lack of transparent leadership information or publicly available audits.
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Overreliance on referral structures, which reward users for bringing new participants rather than genuine NFT sales or staking activities.
In contrast, credible NFT ecosystems such as OpenSea, Blur, or Magic Eden operate with verifiable smart contracts, transparent tokenomics, and on-chain proof of ownership — all of which appear missing or obscured in Treasure NFT’s setup.
The BlackRock Controversy: Fact or Fabrication?
Adding to the confusion, the Treasure NFT team recently made a startling claim on October 28, suggesting that BlackRock, one of the world’s largest investment management firms, had “purchased Treasure NFTs to protect user assets.”
The announcement immediately boosted optimism within the project’s community — until it was swiftly debunked. Within 48 hours, Binance Square published a fact-check confirming that BlackRock had no involvement with Treasure NFT. The asset management firm itself later clarified that it had never partnered with or invested in the project.
This revelation further eroded public trust, prompting questions about whether Treasure NFT’s communications were intentionally misleading or simply the result of misinformation within its team.
Telegram Confusion and User Frustration
Treasure NFT’s official Telegram channels remain active, with administrators urging users to “stay calm” and “trust the process.” Yet, no verifiable blockchain data has been provided to support claims of progress.
Several users have posted screenshots showing pending withdrawals dating back to mid-October, with no confirmations or transaction hashes appearing on-chain. Others have reported being locked out of their accounts altogether.
Meanwhile, moderators continue to delete messages from users demanding answers — a move that has raised further suspicions about internal censorship.
An independent researcher known as @CryptoAuditLab on X summarized the situation bluntly:
“Until Treasure NFT shows live withdrawal transactions on-chain, every update is just another promise.”
Could the “Nova NFT” Migration Be a Cover-Up?
The announcement of a migration to a new “Nova NFT” platform has sparked speculation that Treasure NFT may be attempting a rebrand to distance itself from recent controversies.
Rebranding after public backlash is a common pattern among failed or questionable crypto projects, allowing founders to repackage existing user data under a new name.
Analysts from CoinJournal and CryptoSlate note that without transparent wallet activity, this migration could simply be a “reset button” rather than a real upgrade.
The Risk Ahead: Hope or Exit?
As November 2 approaches, investors are facing a pivotal moment. If the withdrawal portal opens and transactions are successfully processed on-chain, Treasure NFT could temporarily regain trust. On the other hand, another postponement could trigger mass panic and accusations of fraud.
Financial experts warn users to remain cautious and to avoid depositing new funds until verified proof of withdrawals appears on public ledgers.
“Any project that mixes high daily yields, referrals, and delays in payouts fits the profile of an unsustainable model,” said Arjun Patel, a DeFi analyst based in Singapore. “Blockchain data doesn’t lie — and right now, we’re not seeing enough of it.”
The Bottom Line: 24 Hours of Truth
The next 24 hours could determine whether Treasure NFT’s story ends in redemption or collapse. For thousands of users, the outcome of November 2, 2025, will reveal whether the team delivers on its promises or disappears into yet another chapter of crypto cautionary tales.
If withdrawals genuinely resume and users see verified blockchain transactions, the platform could stage a comeback. But if not, this latest “upgrade” might merely be another episode in a long line of broken commitments.
Until then, investors are watching closely — refreshing dashboards, monitoring on-chain data, and waiting for a sign that their funds will finally move.
