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$NET
0xca9c…d30edf· Robinhood Chain
ngl, not gonna lie
The site and token exist and quote prices, but the buy flow wasn't tested and the backing claim is unproven.
The app loads, connects a wallet and shows a live buy quote that matches the token's price. The checker's wallet had no USDG, so no purchase or signing step was reached. The "backed by 162.53 USDG per token" claim has no proof, and the claim of a firm founded in 1999 doesn't fit a 3-month-old domain and token.
Checked 1 h ago
Red flags1
Claim of a long-established firm is contradicted
The site presents the firm as long-established, but the domain was registered 3 months ago, the same time the token launched.
claim sourceregistration$NET
Watch out4
Backing claim has no evidence
The site says each NET is backed by 162.53 USDG. No fact shows any reserve holding that amount, even though the contract itself is fixed.
claim sourcetokenSupply is very concentrated
The top 10 wallets hold 94%, though this count includes pools and lockers. Liquidity is also not burned, so it could be withdrawn unless a locker holds it.
tokenpoolBuy flow could not be completed
The agent connected MetaMask and entered 0.01 USDG, but the wallet held 0 USDG. The button read 'Insufficient USDG balance', so no transaction was built.
screenshotscreenshotGames, staking and loans not tested
The stock games, 8-hour distributions, Loopback borrowing and no-loss sports book were not tried, so none is shown to work.
screenshot
Checks out3
Quoted price matches the site
The buy form showed 164.23 USDG per NET and 172.87 all-in with the 5% levy, as the site claims.
claim sourcescreenshotContract is verified with no owner
The source is verified and has no owner, so nobody can change its rules.
tokenX account looks real and active
About 19.8K followers with no empty accounts in the 200-follower sample, and posts get a median of 390 likes. The site links back to it.
@NetNetCap@NetNetCap@NetNetCap@NetNetCap
Ask the agent
Anything about $NET. ngl answers from this check, or goes back to the site and tries what you ask.
Hands-on tests
WorksConnecting wallet (MetaMask) on Invest page
Wallet connects via MetaMask
- What it did:
- Clicked 'Connect account' then 'MetaMask' in the connect dialog
- What the site showed:
- Wallet connected; header shows 0xa954…d14a and status CONNECTED
Couldn’t testBuy NET instant form (main flow)
Buy NET blocked by zero USDG balance
- What it did:
- Entered amount 0.01 USDG in the Amount field, clicked Max, re-entered 0.01
- What the site showed:
- Balance: 0.00 USDG. You receive 0.00 NET ≈ 0.01 USDG. Button reads 'Insufficient USDG balance' and is disabled. Rate shown 1 NET = 164.23 USDG · 172.87 USDG all-in with the levy
Couldn’t testMax button
Max does nothing useful with empty balance
- What it did:
- Clicked Max with the test wallet holding 0 USDG
- What the site showed:
- Amount stayed at 0.01; no balance to fill
