Post
Topic
Board Altcoin Discussion
Re: Is Monorix a SCAM?
by
Adbitco
on 06/08/2024, 12:53:19 UTC
Monorix.com is a website that claims to be related to a web3 game and NFT collection, their airdrop is based on a telegram mining bot. Actually, this project has been completed and users can now be asked to Wthdraw. But however there are several indications that show that this is a scam:

1. High gas fees: you have to send around 1 TON for the gas fee and that doesn't make sense. The estimated price of gas fees in TON only ranges around 0.002 - 0.1
2. After paying the gas fee, a notification will appear "Sorry, you can withdraw until -1 days -1 hours -15 minutes" and that is a really scam indication
3. Unreasonable token income from airdrop mining

Yesterday, there was Lottefi and even older is xBlast which uses the same method, namely high gas fees for withdrawals. Even though the token has been listed on the dex, that does not guarantee that when it is listed on the exchange the price will remain that same, and not necessarily swappable.
This is exactly like xBlast, when lots of people buy it, suddenly the price drops straight to 0.

The reasons behind this review :
Lack of Detailed Information, Unrealistic Earnings, High Miner Balances, Generic Content, Limited Social Proof, Lack of Transparency, Unrealistic Copyright Date, No Information on NFT Collection, Limited Security Information, Lack of Clear Purpose, Whois Data is Hidden.
I understand your pains on this project but before joining the airdrop why didn't you makes this findings to know actually if this projects possess the quality you needed. Most times this telegram project of a thing is not that straight forward because since the hype is gradually moving over there lot of scammers has been building up to scam more people using the recent surge of the Ton coin. That is why you need to mind the airdrop you follows and immediately they requested for gas fee more than the expected then you should know they are scammers.