This is clearly very misguided
But indeed coin burning nowadays is still a must-have feature when new projects come in but it can't be that big if they don't think before tricking people lol.
This is clearly bullshit and you don't have to look at them too much because it will be pointless and will just be a waste of your time.
But this is also very dangerous, especially for beginners who still don't know the mechanism and how it works here because of course with burning like that even if it is a trap, beginners will definitely not know what the intentions behind them are.