What happens when you dream big and take the most difficult road? Whatever the result may be, it takes a lot from you. Investing in Nova NFT may put you in a similar scenario.
It’s new. It’s modern. It’s all about technology. But it also promises a high return. Furthermore, trading with Nova NFT requires a substantial investment.
Are you ready to take the risk? If yes, understand where you should take a cautious approach.
This blog will address the key factors where the chances of being fooled by the platform are high. So, let’s unfold it one by one.
Nova NFT Review
Nova NFT is a blockchain-backed platform that enables investors to buy and sell digital assets, including graphics, art, music, and other similar collectables. You might find it interesting because technology and blockchain define a new future of investment.
But there is no established law for regulating blockchain-based trading in India. In the absence of effective provisions of contract and terms & conditions, there remains a high chance of fraudulent activities.
How?
Because, through NFT trading, you buy the ownership of digital art. This ownership is different from traditional copyright. If the transfer of ownership is not as per the norms of the Indian Contract Act, 1972, the trading is not legally bound in India.
Does Nova NFT follow these provisions?
Before we come to this question in the next section, let’s learn about other key aspects of the app.
Adding to the suspicion is the platform’s promise of unusually high returns in an extremely short time frame, often claiming profits within just 24 to 72 hours.
For experienced investors, this sounds too good to be true, and user experiences suggest it usually is.
When flashy profit promises are paired with silent support channels and inaccessible funds, it’s no longer just a warning sign; it’s a pattern.
Is Nova NFT Real or Fake?
Learning the history of the trading platform is important before investing a huge money in it. In case you do not have access to its credible information, step back and think again.
Moreover, NFT trading is new in India. If the platform is concerned about Indian investors, it should have published clear terms and conditions. Without this, trading on Nova NFT becomes a challenge even for skilled Indian NFT traders.
The above data shows the platform has been functional since August 2025. Trusting such a young company with so many negative reviews is a big threat. Before making a final choice, evaluate other factors.
Nevertheless, if you click on the Telegram channel mentioned on the website, it will direct you to the Telegram channel of Treasure NFT.
This is another red flag you should be cautious about because the company was identified as fraudulent by many.
Behind Nova NFT are the same developers who previously ran Treasure NFT, a platform that vanished in early 2025 after allegedly scamming thousands of users. For many in the community, that history alone raises serious red flags.
It doesn’t stop there. Tools linked to the ecosystem, such as “Nova Bot” on Telegram, have already been flagged by users and security researchers.
Reports suggest the bot can quietly drain wallets, especially Solana wallets, without user permission. Once connected, funds can disappear in seconds.
Even more concerning, some versions of these tools reportedly rely on fake iOS configuration profiles. These profiles look legitimate but are designed to steal login credentials and sensitive access data, putting users at risk far beyond a single wallet.
With so many reasons to doubt its authenticity and credibility, take some time to learn if the app is real or fake.
Nova NFT Safe or Not
Since the platform is available on both the Play Store and App Store, you can consider it a real app. But what about its poor rating? Let’s have a look here.
Only a 1.2-star rating out of 1 lakh downloads is concerning. Remember that this review is from global investors. Even the Apple App Store profile has many negative reviews.
What’s wrong with the company? Or, is there any fault with its app version? In case you download its APK file from the website, be extra careful. The APK file can be harmful to your system.
There is more information available online that is no less than warnings.
If you compare the Play Store and App Store profiles of the app, you will find two different company names.
As per the Play Store, Treasuremeta owns the app, whereas, as per the App Store, Ozone Networks, Inc. is its owner. Which one is true?
It’s important to know the ownership of the app when you are going to invest a lot of money in it.
Further research reveals, Ozone Networks, Inc. owns the popular crypto app Opensea. And it is in no way linked to Nova NFT.
So, the company is hiding under the shadow of popular names. It’s a key red flag!
Is Nova NFT Legal in India?
And here is another major concern.
The Nova NFT is not legal in India. While blockchain technology and crypto-related trading are not banned in the country, platforms operating in this space must still follow Indian laws, and Nova NFT falls short on that front.
To begin with, the company does not appear to have any registered legal presence in India or even in other major jurisdictions.
There is no transparent disclosure about who owns or operates the platform, nor is there any verified financial information available.
This lack of accountability immediately raises red flags and makes the platform appear unreliable. The platform is not regulated by key Indian authorities such as SEBI or the RBI.
This means there is no regulatory oversight to protect users. If the platform suddenly shuts down, delays withdrawals, or defaults, the chances of recovering your money are extremely low.
So while Nova NFT may look attractive on the surface, the lack of legal compliance, transparency, and regulation makes it a risky choice for Indian users.
When it comes to investments, especially in emerging digital assets, it’s always better to prioritise safety and legality over hype.
Nova NFT User Complaints
Yes! There are many positive reviews about the platform. However, learning what went wrong with others will help you make the best choice. Here are some that need your attention.
1. Nova NFT Withdrawal issues
Users across the internet are telling the same troubling story about the Nova NFT platform, and it’s one that immediately raises red flags. Over and over again, people describe severe withdrawal problems that don’t feel accidental at all.
In fact, these issues appear to be built into the system, functioning less like technical glitches and more like deliberate barriers designed to keep users from ever touching their own money.
Some users watch their withdrawals sit in a “pending” state for days or even weeks, while others are shocked to see the app mark a transaction as “completed” despite nothing ever arriving in their external wallet.
It creates a false sense of success until you check your balance and realise the money is still out of reach.
Here is one of the reported complaints:
The user says that he could not withdraw even a single penny. Instead, the app is asking for more deposits, taxes, and unlocking fees. There is no customer support or any verified team to assist.
What will you do if that happens to you? Think!
2. Transparency Issue
The app promotes itself through a referral program. However, if any interested user proactively downloads the app, he will not be able to log in. Why? Because it asks for a referral code to log in.
This complaint says that the user cannot use the app after downloading it, as he does not have a referral code. Then, is the app meant for a certain group of people? At least this promotional strategy says so. But why?
3. Security Issues
Investment platforms can provide you with suggestions. But they cannot make false promises and manipulate others. If Nova NFT is doing that, then they are going against standard norms.
The complaint in the App Store reveals that Nova NFT is misleading users with false information and claims. Many people have incurred losses due to that.
This way, the app is infringing security of users also.
With all these cons faced by different users, you must think twice before investing there. However, in case you have already suffered from similar issues, take the right step before making any further mistakes.
How to Report Trading Scams?
If you or someone you know has used Nova NFT and now regrets it, here’s what you can do to report such NFT scams:
- File a Cyber Crime Complaint to cyber‑fraud/cyber‑crime authorities in India.
- Complaint under the consumer protection law if you’ve been misled.
- Complain to the local police station.
Need Help?
Since the legal processes related to blockchain trading are complex in India, our guidance will help you to proceed effectively.
Register with us, stating your issues and concerns.
We will help you with expert advice, complaint registration, legal proceedings, and other processes to get justice.
Conclusion
Just as a well-planned strategy is essential in the financial world to maximise returns and minimise risks, a clear and informed approach is equally crucial when navigating complex financial challenges.
By understanding the information discussed above and applying it wisely, you can make sound decisions and safeguard yourself against potential financial difficulties.
However, if you have already fallen victim to powerful entities or unfair practices, it is important not to lose hope.
Legal remedies and structured support are available. Move forward with confidence together, we can pursue justice through the proper legal channels and help you reclaim what is rightfully yours.
