Is hazeman.io a Scam? 10/100 Trust Score

Exercise caution when interacting with this website.

The website hazeman.io appears to be related to a cryptocurrency project, specifically the $HAZE token. However, several red flags and characteristics commonly associated with scam or high-risk cryptocurrency ventures are present: 1. Lack of Clear Use Case: The website provides a detailed breakdown of the tokenomics, including the allocation of tokens for various purposes such as marketing, rewards, liquidity, partnerships, treasury, and charity. However, it's important to critically assess whether these allocations have a clear and legitimate use case within the project's ecosystem. 2. High Allocation for Marketing and Team: A significant portion of the token supply is allocated to marketing (30%) and the team (10%). While marketing is essential for any project, an excessively high allocation can be a red flag, especially if it's not transparent how these funds will be used. Similarly, a large allocation to the team, especially with a prolonged release schedule, can raise concerns about potential token dumping. 3. Charity and Community Rewards: While the allocation for charity and community rewards is a positive aspect, it's important to verify the legitimacy of these claims. Scammers often use charitable causes as a facade to appear more trustworthy. 4. Presale and Liquidity Pool: The details about the presale and liquidity pool should be carefully scrutinized. It's common for scam projects to manipulate these aspects to benefit the creators disproportionately. 5. Unrealistic Promises: The website's language, such as "I come from the past but I am the future," and grandiose claims about hosting events and visiting landmarks, can be indicative of overhyped and unrealistic promises. 6. Limited Information on the Team and Development: Legitimate cryptocurrency projects typically provide detailed information about their team, advisors, and development roadmap. The hazeman.io website should be assessed for the transparency and credibility of this information. 7. Lack of Independent Verification: It's important to seek independent verification of the project's claims and tokenomics. Look for community discussions, reviews from reputable sources, and audits by trusted third parties. 8. High-Risk Nature of Cryptocurrency Investments: Regardless of the specific details of the $HAZE token, it's crucial to remember that all cryptocurrency investments carry inherent risks. Extreme caution and thorough due diligence are necessary before participating in any project. Given these factors, it's advisable to approach hazeman.io with extreme caution and conduct comprehensive research, including seeking opinions from independent and reputable sources within the cryptocurrency community."

• Lack of Clear Use Case, High Allocation for Marketing and Team, Charity and Community Rewards, Presale and Liquidity Pool, Unrealistic Promises, Limited Information on the Team and Development, Lack of Independent Verification, High-Risk Nature of Cryptocurrency Investments