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It's just that there are lots of newbies fall into the trap of investing into ponzi-schemes without doing any research since they are attracted to the high-returns offered by these projects. I also want to point out that you also did your research before delving further into this project, which is the right thing to do. ..
There is a category of participants who believe that they understand such projects, which are called ponzi schemes. They believe that it is possible to earn money on such schemes at the initial stage after the launch. And this is true, some people manage to get a profit, but this will not always happen, and they will definitely lose their money. Because all ponzi schemes are scams, organized for profit by the organizers and their accomplices.