No, it is not.
Simply, every investment has their own risk and profits, however, if we cosndier that the risks are higher than the profit probabilities, why should invest on it? Moreover if this is a ponzi scheme, this will be dead soon.
you may be better to save your moneya nd invest it on Bitcoin. or if you wnat to invest in altcois, you are better to see the top 10 CMC or only focus on Ethereum, Solana, BNB, or Matic. Those are more potential and promsiing than the project that you mentioned OP.