What Is TUFT Coin? Utility, Tokenomics, Use Cases, and Risks 

TUFT is a BNB Smart Chain token tied to TreasureFun, the rebranded version of a platform called TreasureNFT. 

This guide covers what TUFT actually is, how its supply and contract check out on-chain, and what’s been reported about the platform behind it, so you can weigh what TUFT coin is for yourself with real information.

Key Takeaways

• TUFT is the BEP-20 utility token of TreasureFun, a platform that rebranded from TreasureNFT after TreasureNFT faced widespread scam and Ponzi-scheme reports.
• The TUFT contract is verified on BscScan. Total supply is fixed at 10 billion tokens, and the token has roughly 1.26 million holders, a very high number relative to its thin trading volume.
• One wallet holds about 20% of total supply, a meaningful concentration worth knowing about.

What Is TUFT Coin?

TUFT coin is the native token of TreasureFun (treasurefun.xyz), an NFT and gaming platform. TreasureFun is a rebrand of TreasureNFT, a platform launched in 2021 by TreasureMeta Technology that marketed itself as an AI-powered NFT marketplace promising daily returns of 4.3% to 6.8% and monthly gains up to 30%.

That’s an important detail to lead with. Multiple independent outlets, including Bitrue and ChainUp, have reported that TreasureNFT faced widespread user complaints about frozen or blocked withdrawals, along with a referral structure described by some as resembling a pyramid scheme. 

According to these reports, the platform rebranded as TreasureFun following this fallout, introducing TUFT coin as its new token. 

Mudrex has covered both the original platform and the token in more detail: 

1. TreasureNFT Exposed: Is This NFT Platform a Scam or Legit Opportunity? 
2. What Is Treasure Fun XYZ and The 2025 TUFT Airdrop?

How Does TUFT Coin Work?

TUFT is a standard BEP-20 token on BNB Smart Chain. On the technical side, its contract holds up better than the platform’s reputation might suggest: it’s verified on BscScan, carries 0% tax on buys and sells, and independent analysis has found no minting, blacklist, or balance-editing functions built in.

PancakeSwap, with ongoing airdrops and referral campaigns while multiple trackers flag the token for caution." class="wp-image-87352"/>

The token’s technical design is separate from the platform’s reputation. Both matter, and they don’t always point in the same direction.

Definition: Rebrand
When a project changes its name and branding, while the underlying team, token, or business model stays largely the same.

Within TreasureFun’s own marketing, TUFT coin is described as functioning through staking, community incentives, and eventual governance participation, tied to app activity like gamified NFT features and referral rewards.

What Is the Utility of the TUFT Token?

Based on TreasureFun’s own materials, TUFT is positioned around:

• Staking rewards. Holders can reportedly lock TUFT to earn yield.
• In-app activity. TUFT is used within TreasureFun’s gamified NFT app, including airdrops tied to referrals and in-app challenges.
• Governance. TreasureFun’s roadmap describes eventual DAO integration and community voting, not yet fully in place.

Which Blockchain Does TUFT Use?

TUFT coin runs on BNB Smart Chain (BEP-20). The contract most major trackers (CoinMarketCap, CoinGecko, BscScan) treat as primary is 0x0513d55289Dc7b95ae8FD45f4095c17F125FE784.

This is worth extra attention: we found reports of at least one other contract using the TUFT name, with a much smaller supply and holder count, suggesting more than one token has circulated under this ticker. Given the “Treasure” branding is also shared with an unrelated, legitimate project called Treasure DAO, name confusion is a real, documented risk here, not a theoretical one. Always verify the contract directly on BscScan before transacting.

What Are the Main Use Cases of TUFT?

According to TreasureFun’s own positioning, planned use cases include:

• NFT marketplace participation, tied to TreasureNFT’s original fractional-ownership and trading features.
• Gamified engagement, including in-app challenges, referral rewards, and airdrops.
• Staking, letting holders earn yield by locking tokens.
• Future governance, described as a roadmap goal rather than a live feature.

As with the utility section above, treat these as the platform’s own stated design rather than independently confirmed features.

What Is the Total Supply of TUFT?

This is worth noting: a token with this market cap and trading volume having 1.26 million holders is unusually high, likely reflecting broad airdrop distribution rather than trading demand alone. It’s a data point to factor in, not a verdict either way.

What Gives the TUFT Token Value?

Right now, TUFT coin’s price reflects speculative trading and platform-driven incentives (airdrops, referral campaigns) more than confirmed external demand or adoption. The project’s roadmap describes governance and expanded NFT utility as future value drivers, but these remain unbuilt. For a closer look at where the price could realistically go from here, see our TUFT coin price prediction, which weighs this token’s specific risk profile in more depth.

What Are the Main Risks Associated With TUFT?

• Platform reputation.
  TreasureFun’s predecessor, TreasureNFT, has been reported by multiple independent outlets as showing signs of a Ponzi-like structure, including frozen withdrawals and unsustainable return promises. A rebrand changes the name, not automatically the underlying business.
• Token impersonation risk.
  More than one contract has circulated under the TUFT name. Buying the wrong one means buying a token with no connection to TreasureFun at all.
• Extreme holder-to-volume disproportion. 1.26 million holders against thin daily trading volume is a pattern associated with mass low-value distribution, not necessarily broad genuine demand.
• Concentration. Roughly 20% of total supply sits in a single wallet, meaning that wallet’s actions could meaningfully affect the market.
• General micro-cap volatility, on top of everything above.

None of this is a claim that TUFT is definitely fraudulent; we can’t make that determination, and the token contract’s own technical hygiene is genuinely better than its reputation might suggest. But given what’s been reported about the platform behind it, this is a case where the risks deserve equal weight to the utility description above, not a footnote at the end.

Conclusion

TUFT coin is a technically well-formed BEP-20 token (verified contract, no unusual owner functions, zero tax) attached to TreasureFun, a platform that inherited a seriously damaged reputation from its predecessor, TreasureNFT. Multiple independent outlets have reported scam and Ponzi-scheme allegations against that predecessor, and TreasureFun’s own promotional activity, airdrops and referral incentives, continues patterns that drew scrutiny in the first place. Weigh the clean contract against the platform history before deciding anything.

For where the price could go from here, see the TUFT coin price prediction. 

If you’ve done your own research and want to proceed, you can buy TUFT on Mudrex directly with INR, or check the live rate on the TUFT to INR converter. Subscribe to the Mudrex YouTube channel for regular market updates.

FAQs

Disclaimer: TUFT is a high-risk token tied to a platform, TreasureFun, whose predecessor has faced documented scam and Ponzi-scheme allegations from multiple independent sources. This article is for educational purposes only and is not financial advice. It reports what has been independently verified or attributed to named sources; it is not an accusation of fraud. Crypto investments carry risk of loss, and you could lose your entire investment. Do your own research before investing.