ticoin.io Scam Check: 10/100 Trust | ScamMinder

Exercise caution when interacting with this website.

The website ticoin.io appears to be promoting a cryptocurrency called Treasure Island Coin (TI Coin) as the official token for a reality TV show called Treasure Island. The concept is that the show will feature social media influencers competing for a cash prize, and the TI Coin is presented as a way for viewers to engage with the show and potentially profit from its success. However, several aspects of this setup raise red flags: 1. Lack of Credible Information: The website provides limited verifiable information about the TV show, its production, or the influencers involved. There are no links to official sources or detailed profiles of the influencers. 2. Unrealistic Claims: The website makes grand claims about the potential reach and impact of the TV show, stating that it will have millions of viewers and that the TI Coin will benefit from this exposure. Such claims are often exaggerated in cryptocurrency schemes. 3. Token Sale Structure: The detailed breakdown of token allocation and the staged release of tokens (presale 1, presale 2, public release) is a common tactic in cryptocurrency scams. It creates a sense of urgency and exclusivity, encouraging people to buy in early. 4. Locked Tokens: The mention of tokens being locked until specific dates, especially in relation to the airing of the TV show, is a common tactic to manipulate the market and artificially inflate the value of the token. 5. Unrealistic Roadmap: The roadmap for the TI Coin, including plans for multiple seasons of the TV show, a mobile app, and an augmented reality game, seems overly ambitious and lacks concrete details or evidence of actual development. 6. Lack of Regulatory Compliance: There is no mention of compliance with financial regulations or oversight by any relevant authorities, which is a significant concern in the cryptocurrency space. 7. Emphasis on Marketing and Exposure: The website repeatedly highlights the importance of exposure and marketing for the success of the TI Coin, which is a common theme in pump-and-dump schemes. 8. Use of Social Media Platforms: The reliance on social media platforms like YouTube, Facebook, Instagram, TikTok, and Twitter for the success of the TV show and the TI Coin is a common tactic to attract a younger, more impressionable audience. 9. Lack of Independent Verification: The claims made on the website are not independently verifiable, and there is no evidence of credible, third-party endorsements or partnerships. 10. High Risk of Loss: As with many speculative investments, there is a high risk of financial loss associated with investing in the TI Coin, especially given the lack of transparency and the potential for market manipulation. It's important to approach any investment, especially in the cryptocurrency space, with extreme caution and to conduct thorough, independent research. The lack of verifiable information, the grandiose claims, and the complex token sale structure all raise significant concerns about the legitimacy and integrity of the TI Coin and its associated TV show."

• Lack of Credible Information, Unrealistic Claims, Token Sale Structure, Locked Tokens, Unrealistic Roadmap, Lack of Regulatory Compliance, Emphasis on Marketing and Exposure, Use of Social Media Platforms, Lack of Independent Verification, High Risk of Loss